SAP Financial Close
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S4 Finance / SAP Financial Close

Record-to-Report with SAP S/4HANA: Continuous Accounting

Financial Mission Control Center
Entity Close
Entity Close
SAP S/4HANA Advanced
Financial Closing
Orchestrate closing tasks

Execute automation jobs

Manage iRPA bots
Entity Close
SAP Account Reconciliation and Automation;
SAP Intercompany Financial Hub
Substantiate Balance sheet account

Match transactions & analyze variance

Automate journal entries
Entity Close
Entity Close
SAP Group Reporting
Reuse S/4 data model

Collect and validate data

Use powerful consolidation tools and analytics
SAP S/4HANA Intelligent Innovations
Accruals Management
Goods and Invoice
Receipt Reconciliation
Revenue Accounting
Intercompany Matching
and Reconciliation
Entity Close
SAP Central Finance
Harmonize and standardize multi-system environment
Entity Close
Universal Journal
Currencies
Parallel valuations
Entity, BU, Group level
Actual, Plan, Prediction, Simulation
What if you could
Entity Close
Add additional intelligence for a faster financial close
Entity Close
Get transparency and visibility into accounting processes
Entity Close
Spend more time analyzing and reporting
Entity Close
Trust data for decision making based on real-time data
Continuous Accounting
Adapt with confidence in uncertain times.
Entity Close
Unified
Confidence and clarity through standardized processes.

Consistency, control, and efficiency in a virtual close with distributed teams.
Entity Close
Collaborative
Access data, activities, and progress to work together from anywhere.

Drive accountability and partnership through visibility.
Entity Close
Achievable
Stand up a virtual close process quickly for immediate impact.

Allows Accounting to quickly shift their focus to new and unprecedented challenges.
Continuous Accounting shifts the close calendar to provide more time for value-added activities
Entity Close
Entity Close

SAP S/4HANA Cloud for Advanced Financial Closing

Perfect planning, automation and monitoring
Benefits
Faster Entity Close through improved closing efficiency

Governance and Compliance

Transparency and Insight
Entity Close
Capabilities
Automated closing tasks and powerful, user-friendly application for manual tasks
Collaboration, notifications, and workflows

Define a global game plan for the entity close; leverage it for multiple org units and closing cycles

Audit trail, logging, documentation

Real-time insight into the closing status and comprehensive Analytics

Monitoring by subsidiaries and headquarterClose Analysis

SAP Account Reconciliation and Automation by BlackLine

The challenge
Manual, spreadsheet processes increase financial reporting risk
ERP (SAP & Non SAP)

External Data Sources

AA Sub Ledger

AR Sub Ledger

AP Sub Ledger

Open Items

Transactions
Entity Close
Financial Consolidation

Financial Reporting

Planning & Budgeting

Audit Preparation

Regulatory Requirements

Tax reporting

Management Analysis
The challenge
Manual, spreadsheet processes increase financial reporting risk
SAP S/4HANA

SAP ECC

AA Sub Ledger

AR Sub Ledger

AP Sub Ledger

Open Items

Transactions
Entity Close
Entity Close
Financial Consolidation

Financial Reporting

Planning & Analysis

SAP S/4HANA

SAP Analytics Cloud

SAP Digital Boardroom

SAP Leonardo
BlackLine Complements SAP S/4HANA and Other ERP Systems
Delivering added value for a more productive and secure financial close
Entity Close
Efficiency in data input with
Journal Entry Management
Entity Close
Advanced Data Processing Automation
with Transaction Matching
Entity Close
Confidently report Balance
Sheet data with Substantiation
Entity Close
Entity Close
Entity Close
Entity Close

SAP Intercompany Financial Hub by BlackLine

Intercompany Accounting challenges
Entity Close
Immense data
Entity Close
Volumes and complexity
Entity Close
Insufficient automation
Entity Close
Diverse systems and processes
Entity Close
Immense data
Entity Close
Volumes and complexity
Entity Close
Insufficient automation
Entity Close
Diverse systems 
and processes
Intercompany Accounting challenges
Intercompany Governance
SAP Intercompany Financial Hub
  • Governing global trading relationships & intercompany policies (across technology platforms)
  • Proactive transaction creation with embedded smart contracts, indirect tax handling (VAT, GST, Withholding, S&U, etc.), & automated entries/extracts to source systems (ERPs, subledgers, treasury)
  • Templates by transaction type that are configurable by the business (e.g. driver-based allocations, cross-charges, royalties, I/C Loans, etc.
Entity Close

SAP S/4HANA for Group Reporting

The World of Consolidation is changing
Simplification of Group Reporting in SAP S/4HANA & SAP S/4HANA Cloud
Traditional Consolidation
Applications:
Entity Close
Entity Close
With
SAP S/4HANA
Entity Close
The World of Consolidation is changing
Simplification of Group Reporting in SAP S/4HANA & SAP S/4HANA Cloud
Entity Close
Entity Close
Entity Close
Entity Close
Entity Close