SAP Model Company in Central Finance Implementation

[nitin_gupta10]

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.