Accounting and Financial Close

Achieve a faster, more compliant financial close and streamline accounting processes

class=”paragraph”>

Finance Financial Close

Close the books quickly and accurately – and simplify financial reconciliation – with accounting and financial close software from SAP. Our solutions can help you consolidate financial accounting data, no matter how disparate, and gain a single source of financial truth. Get real-time insight into your financial close process, drill into details to quickly resolve delays – and create statements and disclosures that comply with financial reporting standards such as IFRS, U.S. GAAP, and others.

class=”title_wrapper”>
class=”header”>

Gain a full view of leases

class=”paragraph rte-content-wrapper” data-engagement-tracking-analytics=”promoCTA:”>

See how SAP Lease Administration by Nakisa provides companies a 360 degree view of leases from initiation to termination and comply with new standards and regulations such as IFRS 16.

 
class=”title_wrapper”>

A single source of truth

class=”paragraph rte-content-wrapper” data-engagement-tracking-analytics=”promoCTA:”>

See how the Universal Journal in SAP S/4HANA Finance helps companies transform data and transactions from different systems and processes into a single source of the truth.

 

Solution Capabilities

 

Accounting

Deliver faster, more compliant financial reports with real-time accounting support

Accelerate compliant financial reporting with automated accounting capabilities, harmonized data – and support for multiple financial reporting standards, industries, currencies, and languages.


Entity Close

Enable stronger governance and faster execution in your entity financial close

Boost the compliance and speed of your entity financial closes – with software that supports fast, efficient peer-to-peer reconciliation of intercompany balances and invoices between subsidiaries.

 

Corporate Close

class=”slide”>
class=”text”>
class=”parbase section text”>
class=”rte-content-wrapper” data-engagement-tracking-analytics=”textCTA:”>

Increase the reliability, transparency, and speed of financial consolidation reporting

Combine legal and management consolidation and reporting capabilities in one tool – to get one version of the truth that accelerates your corporate close, cuts costs, and prevents the merger of multiple reports.

 

 Reporting and Disclosure

>
class=”slide”>
class=”text”>
class=”parbase section text”>
class=”rte-content-wrapper” data-engagement-tracking-analytics=”textCTA:”>

Streamline regulatory filings and disclosures

Automate and simplify processes for your external and internal disclosures – and use robust business intelligence capabilities to support fast, fact-based decision making.

 

Financial Close Governance

class=”slide”>
class=”text”>
class=”parbase section text”>
class=”rte-content-wrapper” data-engagement-tracking-analytics=”textCTA:”>

Ensure a high-quality, compliant financial close

Create, update, and monitor financial master data in one system – and distribute changes anywhere – to accelerate the financial close process.