2023: Advanced Financial Closing in SAP S/4HANA Cloud Finance & Risk

Advanced Financial Closing is SAP’s strategic solution to plan, orchestrate, automate and monitor financial closing centrally, for the entire organization. And the native integration with the latest SAP S/4HANA Cloud (public edition and private edition - also SAP S/4HANA and SAP ERP) innovations is a gamechanger to maximize the automation, accelerating the entire process until completion of external reporting.
Hear from Erika Buson, SAP Global Solution Management, how latest innovations can help businesses further streamline and optimize their closing processes.
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0:00 Introduction and Perform Financial Closing Process Area
1:43 Automated supervision of closing tasks with account balance validation
4:00 Automated intercompany matching and reconciliation
5:27 Automated execution of closing tasks with SAP Build Process Automation
7:00 Improved job scheduling
7:38 Time-related dependencies
8:34 Enhanced closing structure maintenance
9:15 Summary and close out
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