SAP S4 HANA SIMPLE FINANCE TRAINING VIDEOS $120

SAP S/4HANA Finance is a comprehensive set of financial management and accounting solutions, covering financial planning and analysis, accounting and financial close, treasury and financial risk management, collaborative finance operations, and enterprise risk and compliance management powered by the SAP HANA in-memory database.

Designed for the office of the CFO, these solutions remove the traditional boundaries between transactional, analytical and planning systems, to deliver instant insights with on-the-fly analysis, across all dimensions of financial data. 

Although SAP S/4HANA Finance covers the entire financial management portfolio, there are significantly improved or new innovations available in each finance area, which are highlighted below. 

Financial Planing an Analysis (FP &A)

With the SAP S/4HANA Finance processes for FP&A, you can accelerate planning cycles, increase profitability, and make finance functions more efficient.

New innovations: SAP Business Planning and Consolidation (SAP BPC) version for SAP Netweaver, optimized for SAP S/4HANA Finance, lets your planners access real-time master data and accruals in SAP ERP without data replication. With one common financial planning model, you can run end-to-end simulations and faster planning cycles. 

·         Embed your end-to-end planning process and use real-time operational data to eliminate time lags and redundancy

·         Run on-the-fly financial analysis at any level of granularity using a single table in-memory

·         Support the entire financial planning lifecycle – including development, updates, and reporting

·         Create ad hoc simulations of organizational changes or new business models directly in your ERP system

Accounting and Financial Close

Close the books faster, improve compliance and control, and reduce closing workloads and costs – with SAP S/4HANA Finance processes for accounting and financial close.

New Innovations: SAP Accounting combines financial and management accounting and profitability data into one universal journal. It abolishes totals, indices, and other pre-defined aggregates, and relies on line items as a single source of truth. 

Fixed Asset Accounting for SAP S/4HANA is integrated into the universal journal architecture, so there is no redundancy of data. Multiple parallel documents for all valuations are posted in real time to ensure correct values from the beginning.

·         Execute closing tasks and inter-period processes–in real time

·         Run real-time reporting with complete drill-down by any dimension

·         Use a single, unified data model to simplify processes, increase productivity, and reduce risk

·         Easily execute depreciation runs with simplified processing logic and data structures

·         Leverage line item postings for every single asset, allowing for detailed reporting

Treasury and Financial Risk Management

With SAP S/4HANA Finance processes for treasury and financial risk management, you can accurately forecast cash flow, manage liquidity, and mitigate risk. Integrate cash flows, transactions, commodity positions, and market data. And optimize straight-through processing with full-view and real-time analysis, audit trails, and compliance reporting. 

New innovations: SAP Cash Management provides global cash positions in real time, even in the presence of heterogeneous backend systems. New capabilities provide detailed analysis of forecasted cash flows – so you can bring greater levels of consistency to cash balances, cash requirements, and liquidity strategies.

·         Integrate cash flow analysis

·         Integrate business planning, including liquidity planning lifecycles

·         Take advantage of comprehensive central bank account management

·         Get real-time visibility of bank balances and currency exposures

·         Increase executive engagement with an intuitive and modern user interface (UI)

Collaborative Finance Operations

With SAP S/4HANA Finance processes for collaborative finance operations, you can rapidly respond to fluctuating market dynamics. Automate receivables and payables processing, revolutionize shared services delivery, and streamline travel management – all while reducing costs.

New innovations: SAP Receivables Management improves working capital and financial health by using real-time receivables data to assess customer credit risk, streamline billing, resolve disputes and prioritize customer collections to reduce days sales outstanding:

·         Monitor customer payment behavior in real time

·         Make proactive decisions with exception-based receivables management

·         Determine a customer’s top line contribution with simplified analysis

·         Improve reconciliation and analysis with intuitive search functions and usability

·         Use relevant, real-time data to shape customer interactions

Enterprise Risk and Compliance

With SAP S/4HANA Finance processes for enterprise risk and compliance, you can automate risk, compliance, and international trade activities. By proactively minimizing risk and compliance violations, the software makes it easier to optimize business operations, protect assets, and improve financial performance.

New innovations: SAP Fraud Management gives you the insight you need to detect, investigate, and deter fraud. The software uses advanced rules and algorithms on Big Data to identify and predict fraudulent behavior, issue alerts, and block fraudulent transactions.

·         Process high volumes of data to enable real-time fraud detection at the transaction level

·         Centralize fraud management to optimize investigation and monitoring

·         Minimize false alarms by calibrating detection strategies and running real-time simulations

·         Model detection strategies and carry out simulation to predict new fraud patterns

·         Harmonize data to exposes potential duplications or erroneous, fraudulent entries