SAP S/4HANA Financial Management Software Overview

Task: "enterprises are faced with the immediate need to embrace the digital age to match the new and evolving business models and offer decision makers with instant insight." SAP S/4HANA Finance allows an enterprise to create a consolidated view of all operational and financial data to offer flexible and easy reporting along with automation of processes. It also offers real-time analytics, simulations and forecasting with a great user experience. Benefits of SAP S/4HANA include but is not limited to ‘single source of truth, faster forecasting and planning, ‘on the fly capacities’, new reporting and analytic support, global regulatory and compliance abilities across all languages, currencies and industries, faster month closing, integrated with Fiori etc. Discuss these statements using case study examples (from literature searches) to demonstrate the benefits of SAP S/4HANA Finance. Your paper should include the following areas : A brief historical overview of SAP S/4HANA Finance The difference between SAP S/4HANA Finance and current SAP ERP FICO What are the benefits of SAP S/4HANA Finance for businesses Case Studies of companies and the issues they faced migrating to SAP S/4HANA Finance.

Subject Name: Finance

Level: Undergraduate

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