Product Information
Recap: S/4HANA Finance Road Map Update
This was an SAP webcast covering on-premise and cloud.
While you can review the road maps online, it always helps to have SAP explain it. Below are my rough notes as I heard the webcast.
Please remember to register for these upcoming webcasts:
March 12 BITI: SAP S/4HANA In-App Extensbility
March 26 BITI: Overview of SAP Cloud Platform ABAP Environment
March 26 BI: Hybrid Analytics and Analytics Hub – Latest Developments
March 27 BI: Influence of Agility and Big Data Principles to BW/4HANA Architecture
March 28 BI: Overview of Latest BI Features in SAP Cloud Analytics
April 2 BI: A Beginner’s Guide to Use SAP Analytics Cloud for Business Planning
April 3 BI: Smart Predict Update
April 4 BI: Tips & Tricks for Optimizing Story Performance in SAP Analytics Cloud
April 9 BI: Data Protection & Privacy with BW/4HANA
April 10 BI: What’s New with Application Design in SAP Analytics Cloud
April 16 BI: What’s New in Transitioning from SAP BW to SAP BW/4HANA
May 22 BITI: Integrating My Inbox with SuccessFactors & Concur at Orica
Source: SAP
For on-premise it covers 1809 for cloud it covers 1811/1902
Source: SAP
The legal disclaimer applies that things in the future are subject to change
Source: SAP
Source: SAP
Classic report to report process, with right valuation rules, then to closing process
Value added tasks including planning, margin analysis, optimize for future
Source: SAP
Getting insights where margin is
Where is it coming from (products, customers)0
Source: SAP
Compared with SAP ERP profitability analysis
On left, Profitability Analysis is part of the universal journal in S/4HANA
Source: SAP
Integrate balance sheet information in S/4HANA; parts of the margin still on the balance sheet (work in progress included in margin analysis)
Cost of goods sold component split issue now solved
Source: SAP
Ensure in contribution margin include cost of sales into multiple lines
Source: SAP
Source: SAP
Present incoming sales order (not yet billed) can be part of predicted revenue (both on premise and cloud)
Source: SAP
Looking at predictive accounting – select individual sales orders, create based on that predictive goods issue/invoice, as a result have a predictive accounting posting, resulting
Source: SAP
Will also have commitment scenarios
Source: SAP
Still have universal journal
Integrated with BPC
When save, it is stored in Universal Journal
SAC Planning – how that part integrates with single source of truth
SAC Planning integrates with OData Service; data persists in SAC
Source: SAP
Re-orgs, cost shifts, need transparency of models and allocation run
Source: SAP
Highlighted on right – bring into universal allocations
Source: SAP
Planned for 1909 – more allocation apps
Harmonized place to manage allocations
Source: SAP
Planned for later – source of allocations
Source: SAP
Issues with reporting
Source: SAP
Different ways of managing hierarchies
Source: SAP
Global hierarchy maintenance, will support time dependency
Advanced financial close – one close process
Source: SAP
Machine learning automation of close processes
Source: SAP
Using embedded Fiori apps to bring information together
Source: SAP
Use Co-Pilot to collaborate
Source: SAP
Machine learning embedded in GR/IR to intelligently resolve GR/IR issue using recommendations
Source: SAP
Accruals management is in 1902, planned for 1909
Source: SAP
Use machine learning to compare accruals, review in the past
Source: SAP
This is how the review looks like
Source: SAP
Continuous group accounting is shown on the bottom; no data upload any more
Source: SAP
Architecture view of group reporting
Source: SAP
Group reporting in Fiori, cash flow statement
Source: SAP
Planned unified reporting platform
Source: SAP
Goal by end of 2019 is to have group reporting on par with BPC
Source: SAP
Focus on 2019, universal allocation
What do you think?
Thanks for sharing Product details.
However my current experience states that LARGE Organizations who started with implementation of S/4HANA with early versions of S/4, 1610 (e.g.), due to existing system landscape and phased implementation end up using S/4HANA as HANA-DATABASE & data-storage.
I am seeing a Customer who is still using their legacy applications & manual-process for Transfer-price calculation, Consolidation-process, netting-process etc., instead of Centralizing the Financial process and taking full benefit of S/4HANA.
Do you have any suggestion for Large-Global Organizations & existing SAP Client-base?
Thanks & Best-Regards
Hi Monika - I am customer still using ECC, so I don't have any recommendations (sorry); you may want to ask at answers.sap.com
Thank you for reading and commenting.