SAP Controlling (SAP CO) is an SAP module that helps to monitor, track, and improve business processes. The component allows controlling production costs, keeping a record of services provided by the organization, and fixing actual data.
SAP Controlling also opens up space for:
Insights into the company's income and expenses allow optimizing business processes and make smart management decisions.
SAP Controlling and SAP Financial Accounting (SAP FI) are two independent components. Nevertheless, there is a constant exchange of data related to expenses and income established between them. Thanks to this, the SAP CO module offers the opportunity for cost and revenue accounting. Key features of the module include:
Control over various types of costs
Monitoring and recording data that forms the basis of cost accounting
Cost controlling by product
Accounting for costs related to product creation or service provision
Cost controlling by process
Accounting for expenses related to business processes and operations
Internal orders controlling
Accounting for expenses related to internal activities
Indirect cost controlling
Accounting for expenses that are not directly related to products and services
Analysis of the company's profits and losses, which allows smart selection of partners, smart price calculation, etc.
A clear understanding of costs and profits opens up space for smart operational and strategic decision-making. SAP Controlling, or SAP CO, is a tool that provides insights into both revenue and costs, monitors these indicators, and analyzes discrepancies between goals and facts.
The LeverX team will implement the SAP CO module into your business processes and configure the system, ensuring your ability to monitor and analyze profits and costs. Also, our experts can integrate other SAP modules to complement SAP Controlling. Feel free to contact us with any questions about this module or other SAP systems. We will be happy to provide you with a consultation on this solution and define all the problems that would be solved with SAP CO.
Thanks to the SAP CO module, you will be able to define which activities are the most profitable, build an effective business plan, and make smart decisions related to direct/indirect costs and revenues.