Demo Session
SAP S/4 HANA Finance (Simple Finance)
Email: sana@sapvits.com | yogesh@sapvits.com Website: www.sapvits.com IND: +91 880 532 2100|USA: +1 678 389 8898|UK: +44 141 416 8898
Course Introduction • • • • • • •
Overview of SAP HANA Overview of S4 HANA Scope & Impact of Simple Finance Understand the prerequisites for migration to Simple Finance Configuring the system in preparation of migration Migration steps from Classical and New GL Accounting Configuration of new functionalities available in Simple Finance including • General Ledger Accounting • Asset Accounting • Management Accounting • Cash Management
Email: sana@sapvits.com | yogesh@sapvits.com Website: www.sapvits.com IND: +91 880 532 2100|USA: +1 678 389 8898|UK: +44 141 416 8898
Agenda for Demo •
Trainer Introduction
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Power point Presentation
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Questions related to Course Contents
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Questions related to Administration
Email: sana@sapvits.com | yogesh@sapvits.com Website: www.sapvits.com IND: +91 880 532 2100|USA: +1 678 389 8898|UK: +44 141 416 8898
Demo Topics •
Common Problems faced by the Finance teams all over the world
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Overview of functionalities and benefits provided by SAP Simple Finance
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Universal Journal Entry
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Available Deployment options
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Adoption Options for Existing Customers
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Central Finance Solution
Email: sana@sapvits.com | yogesh@sapvits.com Website: www.sapvits.com IND: +91 880 532 2100|USA: +1 678 389 8898|UK: +44 141 416 8898
Common Challenges & Solutions •
Slower reporting/ closing due to complex data model
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Thanks to SAP HANA’s in memory capability for providing columnar database and simplified Data Model which helps in instant insight
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Time Consuming Reconciliation •
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High Cost of Operations •
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No need to reconcile totals and CO, ML, COPA tables as all these data will be updated in the single line item table called as Universal Journal (Single Source of Truth)
Reduction in cost of operations due to great user experience provided by SAP Fiori and that too it can work on any device which mean faster approvals
High Cost of Infrastructure •
Lower cost of hardware and software licenses using SAP’s cloud services and leasing the applications Email: sana@sapvits.com | yogesh@sapvits.com Website: www.sapvits.com IND: +91 880 532 2100|USA: +1 678 389 8898|UK: +44 141 416 8898
Current Architecture • • •
Data is stored in multiple components Multiple tables are updated for single transaction to update these components Huge effort is required for reconciliation
Profitability Analysis(CO-PA)
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Controlling (CO)
General Ledger
Material Ledger
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Asset Accouting
Universal Journal Entry • • •
UJE takes the best of all the worlds One line item table with full details of all components No need of reconciliation
Email: sana@sapvits.com | yogesh@sapvits.com Website: www.sapvits.com IND: +91 880 532 2100|USA: +1 678 389 8898|UK: +44 141 416 8898
Deployment Option •
On Premises
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On Cloud
•
Hybrid
Email: sana@sapvits.com | yogesh@sapvits.com Website: www.sapvits.com IND: +91 880 532 2100|USA: +1 678 389 8898|UK: +44 141 416 8898
On Premises as a Deployment option Advantages: •
Company is having full control over the system and its implementation, including functional configuration and the ability to make modifications
Disadvantages: •
On-premise deployment usually requires on-going investments to manage and purchase the software as well as hardware.
•
Company also have to invest more time and money on employees and their trainings
Email: sana@sapvits.com | yogesh@sapvits.com Website: www.sapvits.com IND: +91 880 532 2100|USA: +1 678 389 8898|UK: +44 141 416 8898
On Cloud as the deployment option Advantages •
Low infrastructure cost as infrastructure and applications are managed on subscription basis
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Cloud ERP solutions are continually upgraded by SAP so customer will get latest and most advanced version
Disadvantages •
Customer will have no control for any modifications
Email: sana@sapvits.com | yogesh@sapvits.com Website: www.sapvits.com IND: +91 880 532 2100|USA: +1 678 389 8898|UK: +44 141 416 8898
Hybrid as deployment option •
Hybrid ERP model is combination of On-premise ERP and cloud ERP implementation
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Can be used on such process which don’t need integration with SAP Business suite and can be easily taken away from SAP business suite
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Large companies which are using On-premise implementation may choose to run specific functions of organizations such as remote sales offices, subsidiaries, or recent mergers and acquisitions on cloud
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Organization can use the cloud with an integration with their On-premise systems for consolidated reporting and disclosures
Email: sana@sapvits.com | yogesh@sapvits.com Website: www.sapvits.com IND: +91 880 532 2100|USA: +1 678 389 8898|UK: +44 141 416 8898
Adoption Scenarios for existing customers
Email: sana@sapvits.com | yogesh@sapvits.com Website: www.sapvits.com IND: +91 880 532 2100|USA: +1 678 389 8898|UK: +44 141 416 8898
Central Finance Solution
Vintage IT Solutions email: sana@sapvits.com, Website: www.sapvits.com IND: +91 880 532 2100|USA: +1 678 389 8898|UK: +44 141 416 8898
Central Finance Solution •
With this feature you can transition to SAP Simple without disruption to your current system landscape, which can be made up of a combination of SAP systems of different releases and non-SAP systems
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Central Finance allows you to create a common reporting structure
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You must map your different accounting entities (for example, account, profit center, or cost center) in your local systems to one common set of master data in the central system
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In the local system, the financial accounting postings typically result in two documents – an FI document and a primary cost posting in CO. In the central system, the FI document creates one combined document, a universal journal entry
Email: sana@sapvits.com | yogesh@sapvits.com Website: www.sapvits.com IND: +91 880 532 2100|USA: +1 678 389 8898|UK: +44 141 416 8898
Email: sana@sapvits.com | yogesh@sapvits.com Website: www.sapvits.com IND: +91 880 532 2100|USA: +1 678 389 8898|UK: +44 141 416 8898
k n a Th u ! o y Email: sana@sapvits.com | yogesh@sapvits.com Website: www.sapvits.com IND: +91 880 532 2100|USA: +1 678 389 8898|UK: +44 141 416 8898