SAP S/4HANA Finance for Group Reporting

The integrated solution for financial consolidation

Case study

SAP S/4HANA Finance for Group Reporting is a solution for consolidated financial statements, reporting and forecasting with which SAP combines the advantages and functions of the previous consolidation solutions. Companies should get to grips with the new solution now in order to avoid potential difficulties resulting from the expiry of mainstream maintenance for the previous solutions.

In our white paper you will learn, among other things

why consolidation with some of SAP's previous solutions is sometimes difficult and time-consuming,
when the maintenance of traditional solutions will expire,
what advantages and functions SAP S/4HANA Finance for Group Reporting offers and
which components a target architecture for SAP S/4HANA Finance for Group Reporting should contain.

What you will learn

Consolidation and Group Financial Statement Preparation with traditional consolidation solutions such as SAP BPC or SAP SEM-BCS is often time-consuming and error-prone.
The data required for consolidation first needs to be gathered through ETL processes and then consolidated in separate systems. This costs time and effort.

In addition, mainstream maintenance for the previously used consolidation systems will expire in the coming years – even for already integrated solutions such as SAP EC-CS. Companies must therefore take action and engage with Group Reporting to avoid risks and issues resulting from the end of maintenance for existing solutions.

This case study presents SAP’s new strategic consolidation solution, integrated into SAP S/4HANA: SAP S/4HANA Finance for Group Reporting.

With this solution, SAP combines the advantages and functionalities of previous products. SAP S/4HANA Finance for Group Reporting serves as a platform for data collection (with direct access to SAP S/4HANA, among others), consolidation (intercompany eliminations, capital consolidation, etc.), preparation (data validation, manual posting of group entries), and reporting (integration with SAP Analytics Cloud, among others).

Thanks to the Universal Journal, the solution provides a “single point of truth” for the entire finance and accounting domain. Consolidation accesses the individual financial statements directly.

SAP S/4HANA Finance for Group Reporting can be deployed in the cloud, on-premise, or in hybrid environments. Data from other entities, systems, or source systems can be imported, for example, via Excel uploads or API interfaces.