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+1 800 123 456 789
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Solution for the preparation of consolidated financial statements, seamlessly integrated into S/4 HANA.

SAP S/4HANA Group Reporting

What is SAP S/4HANA Group Reporting?

Real-time insights, automation, and compliance with accounting standards.

SAP S/4HANA Group Reporting is an advanced financial consolidation and reporting solution within the SAP S/4HANA suite, streamlining the process of aggregating and analyzing financial data from multiple subsidiaries to produce accurate group-level financial statements. It offers real-time insights, automation, and compliance with accounting standards.

SAP Group Reporting seamlessly integrates with SAP S4HANA, SAP Analytics Clouds and other systems seamlessly:

 

What are the Key Challenges Solved by Group Reporting?

 

  • Iterations take a lot of time: Iterations in preparations of consolidated financials consume a lot of time.
  • Lack of Audit Trail: Excel-based financials do not provide audit trails and traceability of consolidated numbers.
  • Lack of Standardization: Without a system in place, crucial calculations such as currency conversions, goodwill, and NCI may not be standardized.
  • Integrity of Consolidated Financials: With all the manual processes such as currency conversion, intercompany eliminations, and elimination of equity- investments the reliability of consolidated financials is lower.
  • Lack of Authorization and Access Controls: The sensitive financial information contained in excel sheets/Emails is vulnerable to unauthorized access.
  • Difficulty in Collaboration: Without work-flow, versioning, comments, and notifications, collaboration amongst all stakeholders is a challenge.