SAP S/4HANA Finance for Group Reporting
Streamline financial consolidation and close processes by unifying operational and group reporting.
Faster Financial Close Processes Within the SAP S/4HANA Platform
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.
Benefits of SAP S/4HANA Finance for Group Reporting
Real-time data access
Data integrity
More accurate forecasting
Reduced closing time
Increased transparency
Deployment flexibility
Key Features
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.
Services We Offer
Strategic consulting
SAP Implementation
SAP Integration
SAP Application Management Services (AMS)
Customers’ Success Stories
Developing Mobile Solution for a Banking Company
LeverX developed a mobile solution that allowed the banking company to improve customer service and increase customer satisfaction.
Fintech Solution Development for a Group of Banks
LeverX provided the client with several solutions that ensure smooth bank performance in several ways, from providing additional security to facilitating operations and improving revenue growth.
Data science solution development for the fintech sector
Merchant recognition solution based on machine learning.
Software Solution for Strategy Management
LeverX Group architected and developed a complex cloud-based system to manage strategic initiatives and company-wide scorecards based on live KPIs provided by a wide range of external systems.
Solution Development for Integrating Regulatory Compliance In the End-to-End Product Development
LeverX Group assisted with facilitating the efficient and compliant delivery of medicinal products.
Solution Development for Leveraging the Power of SAP S/4HANA and SAP BTP
LeverX Group assisted with solution development to automate and improve the clinical supplies process and gain better visibility into the status of clinical supplies worldwide.
Industries we serve
Why choose LeverX?
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.
The way to success with LeverX
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If you are looking for an SAP Global Strategic Supplier or Technology Partner for your business, fill out the form below, and we will contact you at short notice.
FAQ
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.
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What happens next?
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1
An expert will reach out to you to discuss your specific migration needs and requirements.
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2
We will sign an NDA to ensure any sensitive information is kept secure and confidential.
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3
We'll work with you to prepare a customized proposal based on the project's scope, timeline, and budget.
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