Accelerating and increasing compliance of your financial close

With the SAP Advanced Financial Closing solution, you can meet regulatory disclosure mandates and gain real-time insights to make better decisions, reduce time and effort, and help ensure compliance.

• Faster time to value with best-practice closing templates
• Continuous closing optimization, using the latest innovations in SAP S/4HANA Cloud
• Smooth orchestration and powerful execution of processes, including cross-system closing
• Real-time monitoring of the entire financial closing process

Key benefits

Improving transparency and insight

Monitor closing progress across your subsidiaries and headquarters with real-time insight into the status of each financial close.

Boosting efficiency and speed

Streamline manual tasks and accelerate your closing by using notifications, optimizing workflows, and automating escalations and key controls.

Safeguarding your close

Define a game plan for entity close and use it across companies and closing cycles, and improve governance and compliance with a clear audit trail.

Key features

Closing templates

• Start with best-practice entity close content
• Use sequencing and dependencies to fit your organization’s needs
• Reuse templates across multiple companies and cycles

Closing automation

• Increase the efficiency and speed of your close with automation routines
• Execute jobs across your landscape
• Give your team intuitive, self-service access to closing transactions

Monitoring and insights

• Achieve real-time insight into your financial close process to make better business decisions
• Help ensure the quality and governance of each close to meet regulatory disclosure mandates
• Analyze critical paths to continuously optimize your close