SAP Advanced Financial Closing

Planning and orchestrating your financial close with powerful automation helps improve governance and compliance, drive efficiency, and gain transparency.
SAP Advanced Financial Closing screenshot

Accelerating and increasing compliance of your financial close

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With the SAP Advanced Financial Closing solution, you can meet regulatory disclosure mandates and gain real-time insights to make better decisions, reduce time and effort, and help ensure compliance.

  • Faster time to value with best-practice closing templates
  • Continuous closing optimization, using the latest innovations in SAP S/4HANA Cloud
  • Smooth orchestration and powerful execution of processes, including cross-system closing
  • Real-time monitoring of the entire financial closing process

Key benefits

Improving transparency and insight

Monitor closing progress across your subsidiaries and headquarters with real-time insight into the status of each financial close.

Boosting efficiency and speed

Streamline manual tasks and accelerate your closing by using notifications, optimizing workflows, and automating escalations and key controls.

Safeguarding your close

Define a game plan for entity close and use it across companies and closing cycles, and improve governance and compliance with a clear audit trail.

Key features

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Closing templates

  • Start with best-practice entity close content
  • Use sequencing and dependencies to fit your organization’s needs
  • 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
  • Give your team intuitive, self-service access to closing transactions

Monitoring and insights

  • Achieve real-time insight into your financial close process to make better business decisions
  • Help ensure the quality and governance of each close to meet regulatory disclosure mandates
  • Analyze critical paths to continuously optimize your close

Pricing

SAP Advanced Financial Closing
  • In blocks of 25 Objects per year

  • Contract duration between 3 and 36 Month

  • Has prerequisites

See buying conditions 

Features:

  • Included:

    • One production tenant for SAP Advanced Financial Closing.
    • A production tenant for SAP Business Technology Platform, if not already.

  • Metric:

    • This service is priced by blocks of 25 Objects.
    • An Object is a data object, representing any physical object, managed through the Cloud Service.

  • Payment method:

    • Payment by invoice is supported for all countries.
    • Click on the “Buy now” button to find out if payment by credit card is supported in your country.

Technical information

Protect your enterprise with the built-in security features and add-on solutions from SAP.
SAP Advanced Financial Closing is deployed in the cloud and is available as software as a service (SaaS), so you can access your software from any Web browser.

Installation and setup

Follow these setup instructions so you can start running your SAP software quickly and confidently.

Configuration

Optimize the configuration of SAP products with our comprehensive configuration guide.

Integration

Find out how you can integrate SAP products with your existing IT landscape.

Data security

Help protect confidentiality and data integrity.

Business process security

Support compliance with regulatory requirements.

Risk and threat mitigation

Drive continuous improvement across your operations.

Cloud delivery options

Enable a smooth transformation while meeting security and compliance requirements.

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Services

Transform your business quickly and effectively by taking advantage of our holistic service and support plans, expert consulting services, custom application development, proven best practices, and deep industry and technical knowledge.

Support

Help keep your SAP solutions running at peak performance with our IT experts and support services, including long-term plans, embedded teams, remote technology support, self-service portal, and innovation strategies.