SAP S/4HANA is an intelligent, integrated ERP system that runs on our in-memory database, SAP HANA. It is the successor of SAP R/3 and SAP ERP and is optimized for SAP's in-memory database SAP HANA. The S/4HANA product offering consists of two editions: SAP S/4HANA On-Premise and SAP S/4HANA Cloud.
SAP S/4HANA On-Premise is similar in terms of coverage, functionality, industry-specific support, and localization to the current SAP Business Suite (in 39 languages, 64 country versions).
SAP also offers SAP S/4HANA Cloud (in 18 languages, 33 country versions). SAP has emphasized the product as pivotal to its cloud shift.
It can help you to:
Finance is complex … and not (digitally) connected
Signs of complexity
Business issue(s)
Challenges in Reporting and Planning
Challenges in Centralization and Streamlining of Processes
Cost of operationsCentral Finance as a Solution
To minimize the risk of migrating to an SAP S/4 HANA solution, the central finance deployment approach has been introduced. CFIN as it is popularly called allows SAP customers to run on S/4 HANA while keeping or planning roadmap for the legacy SAP/NON-SAP system.
THE non-disruptive step towards system consolidation Real-Time repost financial transactions into Central Finance instance.
Transaction-level data replicated into instance with latest SAP innovations, HANA optimizations and cutting edge UI
Existing systems remain untouched
Benefit from harmonized master data for processing, planning, consolidating, and reporting
Central Finance Reconciliation or “check” reports provide different levels of analysis:
Level 1 – FI/CO Documents count: Are all FI and CO documents, which should have been replicated from a source system to a Central Finance system, replicated as expected?
Level 2 – FI/CO Balance Comparison: Which G/L accounts (cost elements) have different debit or credit totals in a source system and a Central Finance system?
Level 3 – FI/CO Documents Comparison: Which FI (CO) documents have a different amount in a source system and a Central Finance system?
What is SAP Activate Methodology?
SAP activate methodology is one simple, modular and agile framework for implementation or migration to SAP S/4HANA.
There are 3 main components to SAP Activate methodology.
1.Best Practices: Readily configured business processes based on industry best practices.
2.Methodology: SAP Guidance to accelerate implementation and optimization.
3.Guided configuration: Tools to help activate best practices content and make customized adjustments.
SAP Activate is available for on-premise and cloud editions of SAP S/4HANA and supports all 3 types of transactions.
Stages in Activate Methodology:
SAP Methodology consists of Discover, Prepare, Explore, Realize, Deploy & Run phases.
SAP Activate - Discover
SAP Activate - Prepare
SAP Activate - Explore
SAP Activate - Realize
SAP Activate - Deploy
SAP Activate - Run