Accounting and financial close
Record-to-report optimization leads to fast and trusted financials
With accounting, financial close, and reporting software from SAP, you can streamline finance and accounting processes– from closing and consolidation to management and legal reporting.
Automating manual processes for more efficiency
Reduce manual effort spent on generating accounting postings and financial consolidation and reporting with intelligent automation and recommendations, machine learning, and advanced analytics.
Making better decisions with more-reliable data
Help guide decision-making with full visibility, and auditability that builds trust in your financial and management reporting, strengthen financial compliance, and support multiple accounting standards.
Steering your business with continuous data-driven insight
Bring instant business insight with a single source of financial truth for management and statutory reporting and drill-down analysis from the highest to the lowest level of detail and the flexibility to evaluate different scenarios.
Explore accounting and financial close solutions from SAP
Unified entity and group close reporting
Access a single source of truth for local operational and group-level data, and drill down from consolidated reports to transactional data.
Continuous accounting
Achieve real-time performance monitoring, identify and correct issues pre-close, and distribute workloads continuously and evenly over the accounting period.
Advanced group consolidation features
Collaborate across embedded intercompany reconciliation processes, and support inter- and intra-segment elimination with innovative reporting functionality.
Closing templates
Start with best-practice entity close content, then use sequencing and dependencies to fit your organization’s needs and reuse templates across multiple companies and cycles.
Closing automation
Increase the efficiency and speed of your close with automation routines, execute jobs across your landscape, and give your team intuitive, self-service access to closing transactions.
Monitoring and insights
Achieve real-time insight into your financial close process and help ensure the quality and governance of each close to meet regulatory disclosure mandates.
Single platform for reporting and transaction execution
Connect SAP ERP and third-party ERP source systems.
Adaptable rollout
Implement a phased rollout by organization, location, system, and process to reduce risk through a side-car deployment approach and phased onboarding of SAP S/4HANA.
Accelerated adoption and ROI
Leverage integrated integration capabilities and roll out the functionality you want, when you want, with a customized deployment.
Streamlined reconciliation
Accelerate financial closings by bridging complexities with automated integration of SAP ERP and SAP S/4HANA.
Connected finance and accounting processes
Unify people, information, and technology and support continuous accounting and improvement.
Automation of labor-intensive financial close and compliance processes
Reduce or eliminate routine manual tasks and increase visibility and standardization with intelligent workflows that help accounting and finance teams focus on high-risk areas and support ongoing business strategies and policies.
Centralized intercompany processing
Enforce intercompany trading relationships and enable transaction creation, validation, workflows, and substantiation while initiating, approving, and booking transactions.
Intercompany reconciliation and settlements
Automate matching of intercompany transactions, create reconciliation items for unmatched dealings, and reduce transactions required for settlement between entities through bilateral netting.
Global view with transparency and control
Consolidate settlement balance information between entities into one location to gain the highest degree of data integrity and regulatory compliance and boost visibility into aggregated, bilaterally netted payables or receivables between entities.
Location and space management
Create and manage all types of real estate objects and get a centralized information source for your organization’s real estate portfolio.
Centralized business processes
Integrate asset management postings and reports, real estate controlling, and planning and controlling of new building developments, maintenance, and modernization projects.
Contract management
Manage all contracts related to your real estate portfolio, including lease-in, lease-out, customer, and vendor contracts.