SAP Advanced Financial Closing
Accelerating and increasing compliance of your financial close
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
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
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.
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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