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.