Real time consolidation with SAP

Real time consolidation with SAP

• Category: SAP
• Date 06-01-2023

Real-time consolidation with SAP is a financial consolidation solution that enables companies to quickly and accurately consolidate their financial data from different sources in real-time. The solution is based on SAP's S/4HANA platform, which provides a powerful in-memory database and advanced analytics capabilities.

Real-time consolidation with SAP allows companies to streamline their financial close process by automating data collection, validation, and consolidation. It provides real-time visibility into financial data, allowing for better decision-making and faster reporting. The solution also supports complex consolidation scenarios, such as intercompany eliminations, currency translations, and minority interest calculations.

Real-time consolidation with SAP is highly scalable and can be deployed on-premise or in the cloud. It integrates seamlessly with other SAP solutions, such as SAP Financials, SAP Analytics Cloud, and SAP BPC. The solution also supports a wide range of data sources, including SAP and non-SAP systems.

Overall, real-time consolidation with SAP is a powerful financial consolidation solution that provides companies with real-time visibility into their financial data, streamlines their financial close process, and supports complex consolidation scenarios. It is a valuable tool for companies looking to improve their financial reporting and decision-making capabilities.

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