Central Finance and SAP S/4HANA

2. Auflage 2020
ISBN: 978-1-4932-1918-6
Verlag: Rheinwerk Verlag GmbH

Buch, Englisch, 606 Seiten, Format (B × H): 184 mm x 236 mm, Gewicht: 1248 g

Reihe: SAP PRESS: englisch

Are you starting your SAP S/4HANA journey? If deploying Central Finance is your first step, get the answers you need to the questions you have! How does Central Finance fit in to your IT landscape? How will it impact your finance processes, reporting, and master data? Evaluate the process to deploy it—and explore the finance and IT possibilities that arise when you do. With step-by-step instructions for implementation and tips for project management, this is your one-stop shop for everything Central Finance! Highlights include: 1) Architecture2) Finance processes3) Deployment4) Entity and group reporting5) Implementation and operations 6) Master data management7) Project planning 8) Mergers and integrations9) Platform and finance transformation10) Business case development

Autoren/Hrsg.

Hilker, Carsten

Awan, Javaid

Dixon, David

Six, Marc

Fachgebiete

• Wirtschaftswissenschaften Betriebswirtschaft Wirtschaftsinformatik, SAP, IT-Management
• Mathematik | Informatik EDV | Informatik Business Application Unternehmenssoftware SAP
• Wirtschaftswissenschaften Betriebswirtschaft Unternehmensfinanzen
• Mathematik | Informatik EDV | Informatik Angewandte Informatik Wirtschaftsinformatik

Inhaltsverzeichnis

· ... Preface ... 19 · ... Target Audience ... 19 · ... Objective ... 20 · ... Structure of this Book ... 20 · ... Acknowledgments ... 23 · Part I ... Getting Started with Central Finance ... 27 · 1 ... The Basics: What Is Central Finance? ... 29 · 1.1 ... A Centralized Finance System ... 29 · 1.2 ... Central Finance with SAP S/4HANA ... 35 · 1.3 ... Central Finance Components ... 40 · 1.4 ... Central Finance Outcomes ... 49 · 1.5 ... Central Finance Boundaries and Restrictions ... 51 · 1.6 ... Common Central Finance Misconceptions ... 53 · 1.7 ... Summary ... 55 · 2 ... The Mechanics: How Does Central Finance Work? ... 57 · 2.1 ... Functional Foundation ... 57 · 2.2 ... Central Finance Capabilities ... 60 · 2.3 ... Summary ... 72 · 3 ... The Motivation: Why Central Finance and Why Now? ... 73 · 3.1 ... Central Finance as a Silver Bullet ... 73 · 3.2 ... Innovation Acceleration ... 79 · 3.3 ... Process Transformation ... 83 · 3.4 ... Business Model Evolution ... 85 · 3.5 ... Technology Transformation ... 88 · 3.6 ... SAP S/4HANA Adoption ... 92 · 3.7 ... Summary ... 95 · 4 ... Reporting: What Can I Learn About My Data? ... 97 · 4.1 ... Advanced Reporting ... 97 · 4.2 ... Extended Dimensional Reporting ... 108 · 4.3 ... Entity Reporting ... 113 · 4.4 ... Group Reporting ... 116 · 4.5 ... Summary ... 120 · 5 ... Finance Processes: What Can Central Finance Improve? ... 121 · 5.1 ... Digital Debt ... 121 · 5.2 ... Planning, Reporting, and Compliance ... 128 · 5.3 ... Finance Operations and Shared Services ... 136 · 5.4 ... Central Closing ... 158 · 5.5 ... Summary ... 174 · 6 ... Finance Data Harmonization: How Does Central Finance Standardize Data? ... 175 · 6.1 ... Why Harmonize Data? ... 175 · 6.2 ... Transactional Data Loads ... 180 · 6.3 ... Master Data Processes ... 185 · 6.4 ... Master Data Objects and Hierarchies ... 191 · 6.5 ... Ongoing Transaction Replication ... 200 · 6.6 ... Governance ... 205 · 6.7 ... Summary ... 212 · 7 ... Deployment Options: How Do I Implement Central Finance? ... 213 · 7.1 ... Getting Started ... 214 · 7.2 ... On-Premise ... 216 · 7.3 ... Cloud ... 225 · 7.4 ... Two-Tier Strategy ... 237 · 7.5 ... Summary ... 238 · Part II ... Deploying Central Finance ... 241 · 8 ... System Architecture ... 243 · 8.1 ... Technical Architecture ... 243 · 8.2 ... Central Finance Landscape ... 249 · 8.3 ... SAP Landscape Transformation Replication Server ... 254 · 8.4 ... SAP Application Interface Framework ... 257 · 8.5 ... Frontend Tools and Central Finance ... 261 · 8.6 ... Summary ... 267 · 9 ... Implementing Central Finance ... 269 · 9.1 ... Rollout ... 269 · 9.2 ... Roadmap ... 273 · 9.3 ... System Setup ... 274 · 9.4 ... Data Integration Framework ... 298 · 9.5 ... Replication Setup ... 319 · 9.6 ... Business Mapping ... 332 · 9.7 ... Consistency Check Reports ... 336 · 9.8 ... Initial Data Load ... 340 · 9.9 ... Summary ... 365 · 10 ... Implementation Project and Operations ... 367 · 10.1 ... Establishing a Governance Framework ... 368 · 10.2 ... Project Methodology ... 378 · 10.3 ... Discover and Prepare Phases ... 383 · 10.4 ... Explore Phase ... 385 · 10.5 ... Realization Phase ... 387 · 10.6 ... Deploy Phase ... 390 · 10.7 ... Run Phase ... 396 · 10.8 ... Mergers, Acquisitions, and Divestitures ... 402 · 10.9 ... Summary ... 404 · 11 ... Master Data Management ... 405 · 11.1 ... Master Data Integration Technology Options ... 406 · 11.2 ... SAP Master Data Governance ... 451 · 11.3 ... Summary ... 474 · Part III ... Next Steps with Central Finance ... 477 · 12 ... Mergers and Integrations ... 479 · 12.1 ... Integration Catalyst ... 479 · 12.2 ... Mergers and Acquisitions ... 482 · 12.3 ... Postmerger Integration ... 491 · 12.4 ... Summary ... 496 · 13 ... Central Finance as a Stepping Stone to SAP S/4HANA ... 497 · 13.1 ... Charting Your Journey ... 498 · 13.2 ... Choosing Your Route ... 503 · 13.3 ... Planning the Process ... 506 · 13.4 ... Central Finance and the SAP S/4HANA Movement Program ... 515 · 13.5 ... Summary ... 517 · 14 ... Finance Transformation ... 519 · 14.1 ... Strategy Management ... 520 · 14.2 ... Value Management ... 526 · 14.3 ... Risk Management ... 529 · 14.4 ... Business Process Management ... 537 · 14.5 ... Organizational Change Management ... 540 · 14.6 ... Summary ... 550 · 15 ... Platform Transformation ... 551 · 15.1 ... Platform Transformation Strategy ... 552 · 15.2 ... System and Application Consolidation ... 555 · 15.3 ... Digitization ... 563 · 15.4 ... Readiness for Services Consumption in the Cloud ... 565 · 15.5 ... Summary ... 568 · 16 ... Central Finance Business Case Development ... 571 · 16.1 ... Identifying Stakeholders ... 572 · 16.2 ... Evaluating the Status Quo ... 574 · 16.3 ... Determining Key Value Drivers ... 577 · 16.4 ... Assessing the Cost ... 583 · 16.5 ... Return on Investment ... 586 · 16.6 ... Summary ... 588 · ... The Authors ... 589 · ... Contributors ... 590 · ... Index ... 593

Über Autor(innen)

Awan, Javaid
Javaid Awan is a qualified accountant with 25 years hands on experience in software applications. He has held roles as a member of IT leadership teams, CIO, transformation director, dev ops director, chief architect, and head of share services, and he has led large-scale delivery for major transformations globally. Javaid has worked in finance, treasury, sales, HR, procurement, supply chain, and analytics in the consumer goods, life sciences, oil and gas, telecoms, media, manufacturing, and public sector industries.

Hilker, Carsten
Carsten Hilker is the global solution owner for Central Finance. He is the emcee and host of the annual SAP Financial Excellence Forum, an annual event for SAP customers to network and interact with domain experts and thought leaders in finance and management accounting. He has been working in the field of financial and management accounting for 20+ years in various roles including development, consulting, and product management.

Dixon, David
David Dixon is a partner at TruQua Enterprises. He has been a featured speaker worldwide at SAPinsider conferences. He co-authored the book Mastering the SAP Business Information Warehouse with Bill Inmon as well as white papers on business intelligence and enterprise performance management. David started his career in 1995 as a FI-CO consultant with SAP specializing in financial consolidations, product costing, and profitability analysis with particular expertise in ERP information systems and tools. David is not only an executive and practicing consultant, but also a hands-on developer with skills that span functional and technical domains. He has worked with SAP’s development team in Walldorf and Palo Alto on numerous occasions in support of applications and initiatives in the SAP S/4HANA, EPM, and BI spaces.

Six, Marc
Marc Six is a principal consultant and the SAP S/4HANA and Central Finance practice lead at TruQua Enterprises. Marc started his SAP career working in the SAP MaxAttention Center of Excellence on the financials team where, among other things, he worked alongside SAP's top clients and SAP Development teams in some of the earliest adoption projects of SAP Simple Finance, Central Finance, and ultimately SAP S/4HANA. Marc also has experience as a senior consultant in the enterprise solutions SAP practice at KPMG. His experience spans from process optimization and design to implementation strategy and delivery.