Many organizations have different ERP systems which include both SAP and non-SAP systems. Integrating such systems poses enormous challenges often involve manual month-end activities/processes to consolidate and report such data. To adopt SAP S/4HANA innovations quickly, SAP offers multiple pathways:
- System migration (brownfield implementation)
- Greenfield implementation
- Central Finance
SAP offers SAP Central finance solution. a deployment option, to leverage latest innovations of S/4HANA by replication of posting data from different ERP systems to central finance system without disturbing the existing ERP systems. The source system can be SAP, non-SAP systems or customized home-grown systems. There are several advantages with this approach such as advanced segment/group reporting, scalable solution, transform business processes quickly. In addition, Central finance provides companies with an opportunity to harmonize master data on the fly and enable fast closing. In this session, you will learn key design challenges of central finance:
- Introduction to Central finance
- Harmonizing master data
- Central processes
- Controlling in Central Finance
- COPA in Central Finance
- Application interface framework (AIF)/Error handling
- Use cases/Best practices
