SAP S/4HANA for GROUP REPORTING

SAP S/4HANA Finance for Group Reporting is the new strategic SAP solution for group reporting, consolidated financial statement preparation, and group planning. Thanks to the modern Fiori user interface combined with direct integration in SAP S/4HANA and availability both in the cloud and with S/4HANA 1809 as an "on premise" variant, the Group Reporting solution stands for future and investment security. As an evolutionary combination of the strengths of SAP Business Planning and Consolidation, SAP Financial Consolidation, EC-CS and SEM-BCS, the Group Reporting solution promises new possibilities for group reporting.

Real-time integration for fast closings

Although the Group Reporting solution is still a very young solution, it is already proving superior to established solutions in some areas. Highlights here include the flexible yet easy-to-use data model, the ability to integrate individual financial statements from SAP S/4HANA Finance into group reporting in real time, or reporting directly in Fiori, using Microsoft Excel, or via the SAP Analytics Cloud.

The flexible data model covers all internal and external reporting requirements, including the increasingly important non-financial data. Real-time integration is synonymous with a simple and thus cost-effective architecture, higher data quality, and accelerated consolidated financial statement preparation with previously unknown analysis possibilities. Through integration with SAP Analytics Cloud, highly engaging reports that are always up-to-date in terms of data can be created for all levels of the business organization.

Due to the strategic focus and the further development of this solution according to the official roadmap, new functionalities flow into the Group Reporting solution every quarter. Functional gaps to existing solutions are thus quickly closed and at the same time new functionalities are introduced or announced, for example a web-based solution for entering individual financial statement data, a powerful intercompany reconciliation or consolidation across any organizational units.

SAC Screen Caleo

Added value of S/4HANA for Group Reporting

  • Continuous Accounting in the Universal Ledger enables closing without waiting.
  • The drill-thru of the group reports allows the analysis of local documents in FI.
  • The analysis of data validation results is particularly user-friendly thanks to dashboards in addition to validation texts.
  • Many predefined reports in Webdynpro Grid and Design Studio are included.
  • S/4HANA Integration enables the use of S/4HANA functionalities such as currency conversion or validation.

Summary

Already in its current functional scope, SAP S/4HANA for Group Reporting is a powerful alternative for consolidated financial statements and group planning. In particular, if you answer yes to any of the following questions, you should shortlist the Group Reporting solution:

  • Are you unable to meet current corporate governance requirements with the financial consolidation, group planning and group reporting products you currently use?
  • Do you want to get maximum benefit from your SAP S/4HANA strategy or are you already actively engaged with SAP S/4HANA?
  • Are you looking for ways to further develop your processes for consolidated financial statements and group reporting?
  • Are you wondering whether you want to continue to operate your finance and controlling on premise or in the cloud in the future?
  • Are you pursuing a "One ERP strategy" in your group?

Our offer

Through our partnership with SAP, we were able to comprehensively evaluate SAP S/4HANA for Group Reporting even before its market launch and have since been closely following the rapid development of this product. We are available to you as a competent contact for the S/4HANA for Group Reporting solution and will be happy to give you comprehensive insight into the possibilities of this solution using our demo system or to test the solution together with you as part of a proof of concept.