SAP S/4HANA Finance for Group Reporting

Streamline financial consolidation and close processes by unifying operational and group reporting.

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Partnering with an SAP Global Strategic Supplier goes beyond buyer-seller dynamics. They provide critical solutions for global operations, collaborate on product development, and drive strategic initiatives.

Such companies help businesses solve complex problems, deliver exceptional user experiences, and drive digital transformation using design thinking and innovation expertise. They leverage SAP's best practices and cutting-edge tools to create user-centric solutions.

SAP S/4HANA Finance for group reporting is SAP's consolidated financial reporting solution. It helps companies improve their financial reporting consolidation process, making it faster, more accurate, and efficient, which leads to better financial resource management and strategic decision-making.

This solution collects, integrates, consolidates, and analyzes financial data from various divisions, subsidiaries, and branches in real time to provide users with up-to-date information. SAP S/4HANA Finance for group reporting is useful for companies looking to improve the management of financial data and consolidation processes.

Real-time data access

This provides up-to-date information for decision-making and prompt response to any changes.

Data integrity

Consolidating data simplifies the closing process by minimizing discrepancies and duplications and providing a single source of truth.

More accurate forecasting

Continuous monitoring of financial metrics enables more accurate forecasting and decision-making.

Reduced closing time

Automating routine tasks and integrating data help companies accelerate the financial close process and reduce the risk of errors.

Increased transparency

Combining transactional and consolidation-level data allows for easy tracking and control of all financial operations.

Deployment flexibility

The ability to choose between on-premise, cloud, or hybrid options allows companies to optimize IT infrastructure and maintenance costs.

Integrated data model

Consolidates financial data across various entities and subsidiaries within a single, unified system.
Ensures data consistency and accuracy across the organization.

Flexible reporting standards

Supports multiple reporting standards, including IFRS, GAAP, and local statutory requirements.
Allows for customization of reports to meet specific business needs and regulatory requirements.

Automated financial close

Automates repetitive tasks required in the financial close process.
Minimizes the risk of errors through automated processes and checks.

Advanced analytics and reporting

Provides advanced analytical tools for in-depth financial analysis.
Offers interactive dashboards and visualizations to track financial performance.

Multi-currency support

Handles transactions and reporting in multiple currencies.
Automates currency translation and revaluation processes.

Audit trail and compliance

Maintains a detailed audit trail of all financial transactions and consolidations.
Ensures compliance with regulatory and audit requirements.

Continuous accounting

Allows for continuous updates and monitoring of financial data.
Supports proactive financial management and decision-making.

Collaboration tools

Facilitates collaboration among finance teams with shared access to data and reports.
Enables adding comments and annotations to financial data for better context and understanding.

Scenario planning and forecasting

Utilizes predictive analytics for scenario planning and forecasting.
Allows users to create and analyze various “what-if” scenarios to assess potential outcomes.

Global system integrator

LeverX is an International company with 14 offices in 9 countries that specializes in SAP Implementation and customization.
Full-cycle technology consulting, development, and cost-effective implementation services for successful business transformation and sustainability.
We offer custom software development services to companies to deliver tailor-made solutions that cater to clients' specific requirements.

Technology & Management

Short engagement ramp-up and project set-up, strong management
Continuous investment in innovation and early adoption of cutting-edge technologies (Data Science, IoT, Artificial intelligence, Big Data, Blockchain etc.)
Creation of projects in accordance with ISO 9001, ISO 27001, ISO 22301, ISO 55001 quality and safety standards.

Experience

20+ years of working with SAP solutions. LeverX is an SAP-certified partner and preferred vendor.
1 600 IT-experts with deep knowledge of the latest SAP technologies and solutions.
950+ successful projects. We help companies of all sizes and across various industries to leverage the power of SAP.

Develop the implementation strategy based on your business requirements and solution capabilities.

DISCOVER

Plan the project and finalize goals. Together, we will determine a project structure, management, tracking, and reporting mechanisms. At this stage, roles and responsibilities in the project team are defined.

Prepare

Verify the project plan. We make sure that the solution and project scope meet your business requirements.

Explore

Customize and integrate SAP components into your IT infrastructure. Our experts configure and further develop the system if required.

Realize

Transfer data from legacy systems into the SAP production system, test the system, and validate roles/authorizations for all users.

Deploy

Run the solution with the provision of go-live support, fixes, and monitoring to smoothly adapt the new software to your business processes.

Run

What is SAP S/4HANA Finance for group reporting?

SAP S/4HANA Finance for group reporting is a solution that facilitates the consolidation and reporting of financial data from multiple entities within an organization, providing a unified view for financial analysis and compliance reporting.

How does SAP S/4HANA Finance for group reporting improve financial consolidation?

It automates and streamlines financial consolidation processes, including data collection, intercompany reconciliation, currency translation, and elimination of intercompany transactions, ensuring accurate and efficient consolidation.

Can SAP S/4HANA Finance for group reporting handle different accounting standards?

Yes, it supports various accounting standards such as IFRS (International Financial Reporting Standards) and local GAAP (Generally Accepted Accounting Principles), allowing organizations to comply with global regulatory requirements.

What are the key features of SAP S/4HANA Finance for group reporting?

Key features include real-time data integration, automated consolidation processes, compliance with global accounting standards, advanced financial analytics, user-friendly interface, seamless integration with other SAP solutions, and support for multi-entity consolidation.

1

An expert will reach out to you to discuss your specific migration needs and requirements.
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We will sign an NDA to ensure any sensitive information is kept secure and confidential.
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We'll work with you to prepare a customized proposal based on the project's scope, timeline, and budget.