SAP S/4HANA Central Finance and Cost Object Controlling: Best Practices for Implementation
Keywords:
SAP S/4HANA, Central Finance, Cost Object Controlling, Financial Transformation, ERP Implementation, Best Practices, Master Data Governance, SAP Activate, SAP AIF, Value Mapping, Real-Time Finance, Digital CoreAbstract
This study explores the strategic and technical best practices for implementing SAP S/4HANA's Central Finance and Cost Object Controlling functionalities. It synthesizes critical factors influencing successful digital finance transformation, focusing on integration, real-time reporting, master data harmonization, and agile project delivery. By assessing over 15 high-quality scholarly sources, including case studies and architecture models, the paper offers implementation insights applicable to enterprises transitioning from legacy systems. Emphasis is placed on the coordination between finance operations, controlling processes, and Central Finance configuration. The research aims to support organizations in mitigating risks and aligning SAP deployment with enterprise performance objectives.
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Copyright (c) 2023 Abhinav Sharma (Author)
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.
