Central Finance and SAP S/4HANA

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 itand 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) Architecture
2) Finance processes
3) Deployment
4) Entity and group reporting
5) Implementation and operations
6) Master data management
7) Project planning
8) Mergers and integrations
9) Platform and finance transformation
10) Business case development

Apply best practices for operations and master data management

Auteur
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.

Contenu
· ... 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