SAP S/4HANA for Group Reporting is a strategic SAP solution for consolidating data directly on the S/4HANA system. The objective of SAP is to combine the best parts of the different consolidation solutions offered by SAP in one consolidation solution integrated in the S/4HANA ERP system. The principle of “continuous accounting” is applied here in combination with real-time access to financial information. This is achievable because SAP S/4HANA for Group Reporting works on the same data as the accounting process, so no data replication is required to other BI or Consolidation systems for consolidation. This makes SAP S/4HANA the solution for real-time consolidation.
SAP S/4HANA for Group Reporting seamlessly integrates with SAP Analytics Cloud to consolidate budgets & forecasts and analyze them.
Benefits of SAP S/4HANA for Group Reporting
Process monitor to track and control the consolidation process and the monthly closing.
Eliminations based on the known business rules from SAP BPC.
Direct real-time integration with the universal journal table of SAP S/4HANA.
SAP S/4HANA for Group Reporting offers the best parts of the various SAP Consolidation solutions. It is the strategic and future-proof solution for consolidation and reporting on your S/4HANA system, both on-premise and in the cloud.