SAP Simple Finance 2.0

Máj, 2015

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”“ How can CFOs meet the growing demands?“How profitable is our new global business

unit?”

“What does it mean for profits and growth if we change our business model?”

“The quarter ends in a week. How are we doing?”

“The balance sheet shows unusual growth of an item. What’s behind it?”

“What is the contribution of my newly acquired business?”

“Our competitor has introduced a new product. How can we meet our targets?”

“My colleague says he got a different answer from your team. What is the right number?

“When can I get an answer to my questions?”

“Where should we invest next to accelerate growth?”

More complex Questions requiring faster Answers

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Finance InnovationsWhat you can get from SAP1. Compelling new User Experience

2. A comprehensive Set of Answers for the CFO

3. Provide Insights to Actions

4. Real real-time Financial Accounting

5. Holistically manage Cash & Liquidity

6. Embedded Integrated Business Planning

7. New Deployment Models

8. Covering Complexity by new Central Finance

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Challenges of the current architecture:Multiple sources of truth

Challenges: The combined content of several

tables represents “the truth”. Reconciliation efforts are enforced by design

Need “to move” data to the appropriate table for reporting (e.g. “settlement”)

Different level of detail stored in the respective components/tables

Components are structured differently (e.g. fields/entities differ)

Different capabilities in the components (customer fields, currencies, multi-GAAP etc.)

Multiple BI extractors needed to cover the complete truth in BI.

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Architecture Concept: “Take the best of all

worlds” (e.g. ledger, market segment, coding block, etc.)

ONE line item table with full detail for all applications - for instant insight & extensibility

This replaces the “logical document” of release 1.0.

Secondary cost elements are G/L accounts.

Data stored only once: no reconciliation needed by design

Reduction of memory footprint through elimination of redundancy.

Fast multi-dimensional reporting possible without replicating data to business warehouse (BW).

If BW is in place anyway, only one single BI extractor needed (instead of many today).

The new Principle of ONE Universal Journal Entry in SAP Accounting

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Significantly Reduced Reconciliation Effort

Obsolete – Reconciliation of multiple ledgers **

Obsolete – Reconciliation Ledger **

Obsolete – Reconciliation of totals vs. line items

Obsolete – Reconciliation of OLTP and OLAP

Drastically simplified – FI versus CO

Drastically simplified – FI versus CO-PA *

What

* for account-based CO-PA and primary cost elements** already available with New GL in SAP ERP

because redundancy has been eliminated

due to real-time integration from CO to FI

because totals are dropped

due to real-time analytics on OLTP

due to 1:1 link on line item level

due to link to CO-PA characteristics table

Why

Faster financial close and lower costs

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Uniform extensibility with customer fields

Universal Journal

… Standard Field x

Standard Field x+1 zzcust01 zzcust0

2 … wwprof01 wwprof02 …

Coding Block extensibility “CO-PA” extensibility

Capabilities: Unified Journal can be extended with customer fields. We offer P&L line extension using “CO-PA capabilities”, i.e. field definition including the rich

derivation tools. We offer Coding Block extensibility. The new HANA based reporting of all components can use the customer fields

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Financial Statement drill-down unleashed Fast drill down reporting to any Journal dimension

© 2015 SAP SE or an SAP affiliate company. All rights reserved. 9CustomerEarly Knowledge Transfer

One central Deployment OptionsCentral Finance – Finance harmonization across heterogeneous landscapes

Real-time replication of financial (FI) and management accounting (CO) postings from several source systems into a central simple finance system

Document drill back to the original FI document in the source system

Replication of cost objects (production orders, product cost collectors, and internal orders) from source systems to the central system

Mapping functionality for harmonization of master data before posting into central finance

Single Source of Truth for Financial Data for reporting and planning

Access to existing master data mapping from SAP Master Data Governance (optional)

Benefit from SAP Simple Finance while not touching your existing system landscape