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Core Finance & Fast Close

The CFO and their team face the ongoing challenge of collecting all relevant information in the organisation and ensuring a fast close is made. Being able to close each month, quarter or year in just a few days instead of four weeks.

Fast close as a driver of control and insight

As the quantity of data in an organisation grows, so does the need for improved data quality and transparency. The 'fast close' process is the link that connects data structures with processes and clear reporting.

Core Finance & Fast Close

The amount of data available in organisations is growing exponentially. The CFO and their team face the ongoing challenge of collecting all relevant information in the organisation and ensuring a fast close is made.

Being able to close each month, quarter or year in just a few days instead of four weeks yields all manner of useful advantages. To achieve a fast close, organisations need their data sources to be fully under control and integrated into the financial system. The company is then able to report quickly thanks to the resulting solid foundations built on data. The fast close process has therefore become a powerful driver of insight and transparency.

Getting started with fast close

Do you want to be able to close each period in just a few days? The fast close process is based on a powerful core finance environment that enables you to easily connect with a wide range of data sources and complete various financial processes – from closing at entity and corporate level to applying governance to financial closures.

SAP BPC

Spend more time on growing your business and less time on accounting. Streamline your planning and achieve a faster and more accurate accounts closing. SAP BPC offers different possibilities for planning, budgeting, forecasts and financial consolidation.

SAP S/4HANA

SAP S/4HANA is an intelligent ERP solution specifically for in-memory computing. It is the digital core and connects your organisation to people, corporate networks, the Internet of Things, big data and much more.

Your customer expects only one version of the truth - Take Control

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Can you paint an accurate picture of your customers, and do you have full control over your stock and supply chain? To do so, your business and IT must be perfectly aligned. That means you need a central platform where you can analyse pricing, logistics and sales information in real time.

CHECKLIST BI: GET MORE OUT OF YOUR DATA

Checklist

You can only serve your customers well if you know exactly what they need. Download the checklist on Business Analytic and turn it to your advantage.