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SAP Model Company in Central Finance Implementation

With 1809 release of SAP S/4HANA, the model company functionality is also available now starting January 2019 for V1.

What is SAP Model Company?

A SAP Model Company is a

  • Pre-packaged,
  • Ready-to-use,
  • End-to-end reference solution,
  • Tailored to an industry or line of business

It comprises state-of-the-art applications and proven best practices. A model company driven approach enables you to reduce cost, decrease risk, and accelerate adoption during discovery, preparation, exploration,

and realization activities. The SAP Model Company for Finance 1809-V1 offers a ready-to-run, comprehensive reference solution for support of Core Finance processes complemented by Treasury and Financial Planning process.

(source – sap.com)

The scope is mainly focussed on End-to-End business processes for Finance. Integration with Sales and Procurement is realized to support Finance processes

FOUR functional Options are:

  1. Accounting & Financial Close – Mandatory
  2. Management Accounting – Optional
  3. Treasury & Cash Management – Optional
  4. Financial Planning & Analysis – Optional

Benefits:

  • Reduced costs and resource effort
  • Risk elimination through reference-solution architecture
  • Based on Agile & Lean principles

Approach: Preconfigured solution

  • Ready-to-run appliance with applications, configuration, and sample data
  • System provisioning over the SAP Cloud portfolio, your preferred cloud provider, or on premise

Line of Business Availability:

  • Connected Manufacturing
  • SAP Extended Warehouse Management for Industries
  • Finance
  • Human Resources
  • Logistics Execution
  • SAP Marketing Cloud
  • Multinational Corporations
  • R&D/Engineering and Sustainability
  • Subscription Billing
  • Supply Chain Planning

Industry Availability:

  • Airline Back Offices
  • Automotive
  • Chemicals
  • Consumer Products
  • Core Retail
  • Fashion and Vertical Business
  • Insurance
  • Integrated Digital Banking
  • Life Sciences
  • Mill Products
  • Mining Production and Execution
  • Oil and Gas
  • Omnichannel Retail
  • Trade Management for Consumer Products
  • Utilities for Regulated Markets
  • Utilities for Transmission and Distribution

 

Visit – www.sap.com/modelcompany for more information.

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