Advanced Financial Closing provides a closing template to help teams document their sequential tasks and processes. The key tasks to create a period-end closing, along with optimized sequence and dependencies for the latest releases of SAP S/4HANA, are provided as best practices. The standardized best practices approach is reusable every single month.
SAP S/4HANA Advanced Financial Closing also provides the ability to automate closing tasks in remote systems. Advanced collaboration, notification, and workflow tools are provided to streamline manual tasks. Real-time insights into the financial closing process to make better business decisions. Quality and governance ensured for each individual company to meet regulatory disclosure requirements.