SAP ERP Financials
Business Benefits
SAP ERP Financials provides you with the most comprehensive global financial management solution available today. With SAP ERP Financials, you gain the following benefits to ensure compliance and predictable business performance:
- Improve financial and managerial reporting – SAP ERP Financials gives you the flexibility to report performance by business unit, organization, or cost center.
- Improve corporate performance – SAP ERP Financials provides the foundation to quickly read, evaluate, and respond to changing business conditions with accurate, reconciled and timely financial data.
- Achieve faster closes – With SAP ERP Financials, you can streamline accounting, consolidation, process scheduling, workflow, and collaboration.
- Improve corporate governance and transparency – SAP ERP Financials provides broader support of accounting standards, federal regulations, and improved administration of internal controls.
- Improve cash flow and liquidity – SAP ERP Financials automates dispute, credit, and collections management – and offers electronic invoicing and payment capabilities that supplement traditional accounts receivable and accounts payable functions to accelerate and manage cash flow.
- Optimize global cash management – With SAP ERP Financials, you can report, analyze, and allocate cash in real time, and establish in-house banks or payment centers.
- Improve process integration between finance and treasury – With SAP ERP Financials, you can integrate risk and treasury transactions with core accounting and financial reporting processes.
- Reduce overall finance costs – SAP ERP Financials helps you innovate processes, collaborate with supply chain partners, and streamline operations to reduce costs and resource demands.