Advanced Financial Closing is SAP’s strategic solution to plan, orchestrate, automate and monitor financial closing centrally, for the entire organization. And the native integration with the latest SAP S/4HANA Cloud (public edition and private edition – also SAP S/4HANA and SAP ERP) innovations is a gamechanger to maximize the automation, accelerating the entire process until completion of external reporting.
Hear from Erika Buson, SAP Global Solution Management, how latest innovations can help businesses further streamline and optimize their closing processes.
👉If you want to learn more you can check this blog: https://blogs.sap.com/2023/11/17/whats-new-with-sap-s-4hana-cloud-2308-and-s-4hana-2023-in-finance/
👉Visit our Community: https://community.sap.com/topics/advanced-financial-closing or https://community.sap.com/search/?ct=blog&q=SAP+S%2F4HANA+Finance+update+for+2023
👉Learn more: https://www.sap.com/products/financial-management.html
00:00 Introduction
00:00:52:05 Key innovation pillars
00:03:28:15 Process-driven finance innovations: FP&A
00:05:39:15 Sustainability in the context of finance
00:07:03:05 accounting & financial close: towards event-based processing
00:08:46:12 Working capital efficiencies
00:09:56:05 Receivables for new business models
00:10:27:08 Cash & treasury enhancements
00:11:07:04 Risks and regulatory requirements
00:12:30:09 In summary
#saps4hanafinance #saps4hana #riskmanagment
