How can the SAP S/4HANA 1709 impact your Finance Department?

January 4, 2018

SAP S/4HANA 1709 empowers every corner of your organization to deliver business results. SAP S/4HANA is the foundation for businesses to deploy machine learning and Internet of Things (IoT) scenarios based on SAP Leonardo capabilities, unifying transactional and analytical workloads in real time and helping you stay ahead of the competition.

 

To achieve faster entity close while meeting regulatory requirements, the SAP Financial Closing cockpit is now a core part of SAP S/4HANA 1709. Business users get unparalleled transparency and insights throughout the closing cycle while improving their productivity with automated closing tasks and an enhanced user experience. 

 

Better connect your digital core to the edge of your enterprise with improved integration of processes between finance operations and your business network applications, including:

 

  • Invoice and discount management with sell-side Ariba® Network

  • Supply chain finance with the SAP Ariba Payables solution

  • Cost center with SAP SuccessFactors® solutions

  • Payment advice with SAP Fieldglass® solutions

 

Other notable finance innovations in SAP S/4HANA 1709 include:

 

  • Central process execution for accounts payable and accounts receivable in central finance

  • New functionality for treasury and cash management, such as improved foreign currency hedge management and improved bank relationship management

  • Real-time consolidation capability with the elimination of intercompany transactions

 

Experience Digital Transformation with Approyo
The opportunity exists to transform business processes and achieve the digital transformation of your business with more automation and real-time visibility. Our SAP S/4HANA, SAP HANA and Cloud solutions address these important needs and more. Let us show you today! Set up a free consultation. 

 

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