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Soft Financial Close Anytime
Business process view
Close batches Consolidation batches
Initial period
Close & consolidation
Reporting on-demand
Close & consolidation
Initial period
With SAP S/4HANA:
Real-time system with key performance
indicators (KPIs) instantly refreshed
Elimination of end-of-period batch bottlenecks
Continuous intercompany reconciliation
Continuous financial reporting visibility
Profitability analysis and line-item detail
reconciliation
Automation for routine tasks
Full management visibility of close tasks
With traditional system:
Close activities that don’t begin until period end
Multiple batch-run dependencies
Batch bottlenecks that delay downstream
activities
High error-correction efforts
Complex issues that are postponed until after
close
Time-pressured resolutions
Delayed visibility into reporting
Traditional system
With SAP S/4HANA
User
interaction
Ad hoc
Traditional
With SAP S/4HANA
Process excellence
User
interaction
Ad hoc