Optimizing Financial Closing Processes with SAP S/4HANA Central Finance: A Case Study
Keywords:
SAP S/4HANA, Central Finance, Financial Closing, ERP, RPA, Financial Transformation, Period-End Closing, SAP FICO, Financial Consolidation, Real-Time AccountingAbstract
This research explores the optimization of financial closing processes through SAP S/4HANA Central Finance, using a case study-driven approach. As organizations shift towards digital finance transformation, legacy ERP systems pose significant limitations in achieving real-time financial visibility and timely period-end closures. SAP S/4HANA Central Finance allows enterprises to centralize financial data from disparate systems, automate reconciliations, and enhance analytics. This paper examines integration strategies, automation enablers like Robotic Process Automation (RPA) and Machine Learning (ML), and the measurable impacts on financial performance. Through process mapping, architecture visualization, and a comparative analysis, this study demonstrates substantial reductions in closing cycles, error rates, and manual interventions.
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