S/4 HANA for Group Reporting : Overview

This blog is an introduction to S/4 Hana Group Reporting.
The first foundation is : Group Reporting can also be used independently from operational accounting or other ERP functions in SAP S/4 HANA.

Below are some fundamentals of the tool:

–        SAP Product Strategy for Consolidation:

Development focus of our existing on-premise consolidation solutions

–   The product story and vision

BEFORE

NOW

–        Vision / Product Strategy

Continuous Accounting:

• • Unified reporting framework for local and group anytime data access in SAP S/4HANA
  • Leverage all details of the accounting system where available
  • Blending of local and group close (shared user experience, process support, tools)

Group Reporting Platform:

• • Support complete flow of collection, processing, analysis, publication
  • Data categories and reporting cycles with varying levels of detail for plan, actuals, simulation, …
  • SAP Analytics Cloud integration and API‘s to ingest or extract data

Context to data:

• • Notes and qualitative data are as important as number crunching
  • System generated, and end-user created textual annotations to data
  • Communication, preparation, education, assistance functions

Engineered for Cloud:

• • Cost-efficient resource sharing and automated operations
  • Easy to implement, fast adoption of changes
  • Collaborate beyond corporate boundaries

–        SAP S/4HANA Continuous Accounting and Group Reporting, information at any moment in time

Summary:

Entity close and group close are converging for the next generation in terms of speed and quality of closing.

A new SAP solution for group reporting is emerging in the cloud

The new solution core is planned to become available as part of SAP S/4HANA 1809 on-premise

Thanks!