- SAP Financial Accounting (FI) Module: This module makes up the fundamentals of the SAP finance module which is centred around essential financial operations such as general ledger, accounts payable, accounts receivable and asset accounting. The goal is to improve financial reporting as well as assure compliance with regulations hence providing an immediate view on financial management.
- SAP Central Finance: Organizations can carry out the copying of financial information from various ERP systems to a central SAP S/4 HANA system. This simplifies the work of financial accounting making it possible for such entities to integrate financial processes and put in place one reliable way of managing finance on a corporate basis.
- SAP Financial Supply Chain Management: This includes credit management, dispute management, and collections, improving the efficiency of financial processes and ensuring better cash flow control. SAP S/4 HANA Finance empowers organizations to optimize their financial supply chain.
- S/4 HANA Finance: It leverages SAP HANA’s in-memory computing capabilities, providing immediate access to data that can be used for financial processes. Hence called simple finance, this method helps reduce complexity and improve financial efficiency.