Do you need consolidated reports? Do you want to leverage the power of data within S/4Hana, but face a complex and extensive consolidation implementation? Then take advantage of the SAP Group Reporting Start Edition!
What is it?
The SAP S/4Hana Group Reporting Start Edition is based on the SAP Best Practice content. This means that you immediately get an integrated consolidation solution within your financial close & consolidation process.
You immediately benefit from:
- A reporting model that leverages your existing structures
- Standard validations
- Standard intercompany eliminations
- Elimination of investments and equity
You also get access to the Group Data Analysis app and the Financial Statement - Review Booklet app, which gives you easy insight into your numbers.
You can extend the solution with:
- More advanced reporting through Analysis for Office
- Integration of planning figures for Actual vs. Plan reports
- An integrated indirect cash flow calculation
- A functional income statement
In short: a quick solution to your current consolidation needs, with a scalable foundation for future growth.
Who is it for?
Are you working with S/4Hana Public Cloud and need to consolidate multiple businesses? Then this solution is perfect for you.
Are you working with S/4Hana Private Cloud or On-Premise? Then we can also help you with a custom solution. Contact us so we can look at the best approach together.
Did you know that many companies still rely on spreadsheets and manual processes. With SAP S/4Hana Group Reporting, you automate this process and get real-time insight into your consolidated numbers.
Approach
SAP Best Practice content is based on a standard consolidation accounting schema. In practice, companies often want to adapt this schema, both for accounting and consolidation purposes. Implementation time may vary depending on the degree of customization.
We identify the differences between your local and consolidated chart of accounts and adjust functionality accordingly. For example:
- Adding additional intercompany elimination groups.
- Elimination of equity and investments, if necessary
- Setting up the Review Booklet app for standard reports
- Training in Group Data Analysis or Analysis for Office so that you can prepare reports independently
Key benefits
- Rapid implementation (lead time of only 3 months)
- Fully integrated with S/4Hana data models
- Expandable with additional features for future growth
- No additional license fees if you use Grow with SAP
WhyFinext?
If Start Edition relies so heavily on SAP Best Practices, why choose Finext?
- Expert in consolidation since 1999
- Partner and specialist in SAP Consolidation since 2003
- In-depth financial expertise
- Proven track record in successful Group Reporting implementations
