Skip to main content

How Organizations Benefit From SAP Simple Finance On HANA | Know More From SAP Simple Finance Training


SAP Trainings Online designed SAP simple finance training program based on present day industry requirements which makes the learners future ready and strengthens you to go challenging with industrial demands. We aim to provide quality SAP training in all modules such as SAP functional training modules and also SAP technical training modules.
SAP Simple Finance is a new version of SAP ERP Financial & Controlling, which has been rebuilt based on the SAP HANA paradigms in order to take full advantage of the possibilities offered by SAP HANA. In this terms SAP Simple Finance has built a complete new data model for the SAP FICO module.
Organizations can get most out of SAP Simple finance on HANA (Simpler, faster, Real time). Learn complete industry implemented techniques of HANA from SAP HANA training.

By implementing Simple Finance on HANA, you can get value in these areas.
  • Single source of data 
  • Highest level of detail data and more flexibility
  • Performance Improvement
  • Real time reporting 
  • Processes Simplified
  • Very well integrated with Fiori Apps. Know more about Fiori apps from SAP FIORI training.
  • New Insights
During this current market, cost, speed matters. Simple Finance users will experience much greater execution speeds, in most of the cases, even thousand fold faster. It removes bottlenecks from closing processes, eliminates time and effort needed for reconciliations, and provides real-time business performance information to management.
The new user interface tools such as Fiori, office analysis Excel will revolutionize user experience. All these translate into one main advantage: Business Value. Simple finance is called as S4 HANA finance or else ‘SFIN’ in this training session related concepts of SAP S4 HANA training also explained with real time scenarios and case studies.

Great combination will be:
  •  A powerful engine: SAP HANA
  • Simplified data model: SAP Simple Finance
  • Intuitive, nice user interface: SAP FIORI
  • Visualization tool: SAP Lumira
Simple Finance Add-On to SAP Business Suite powered by SAP HANA
  • Accounting 
  • Cash Management
  • Integrated Business Planning

Financial Close: Process Efficiency


These are the advantage related to IT using Simple Finance on HANA
  • Simplification in system design
  • Unified platform for processing & reporting
  • Database reduction
  • HANA database compression
Key values by going to Simple Finance on HANA
SPEED
  • No more reconciliation
  • From Batch to real-time
  • Performance increase
EASE OF USE
  • New transactions
  • FIORI: Optimized & simplified processes
NEW INSIGHTS
  • Information availability, variable
granularity
  • Single source of truth
SIMPLIFIED INFRASTRUCTURE
  • Landscape simplification
  • Reduced storage cost
Want to develop knowledge of how Simple finance is used in organizations to perform better in digital economy and run simple with challenges in present day digital world, then take SAP Simple Finance training to enroll click: http://saptrainingsonline.com/student-registration/

For more details,
Visit: www.saptrainingsonline.com
Email: Contact@saptrainingsonline.com
Phone:  India +91 9052775398 USA +13152825809

Labels:

Comments

Post a Comment

Popular posts from this blog

Introducing profitability analysis in SAP S/4HANA with 1709 Version

Understanding the importance of profitability analysis, key differences between costing- and account-based CO-PA, and discuss the improvements in account-based CO-PA with SAP S/4HANA Finance . Evaluate your business requirements and plan your SAP S/4HANA Finance integration, including important configuration steps for account-based CO-PA. When we talk about profitability analysis, you should keep in mind the different ways that profitability of a business is measured. There is an external view and internal view of profit for any business organization. The external view of profit is mostly driven and influenced by a number of statutory, tax, and regulatory requirements, whereas the internal view is driven by the management requirements of how business units, products, customer segments, and so on are performing. Traditional data models in enterprise resource planning (ERP) systems focused on data collection, aggregation, and reporting primarily to meet the external view o...
Post a Comment
Read more

New Transactions in Simple Finance Online Training

Period Close Transactions Traditional approach 1.Selection Of objects 2.Selection of costs, status, configuration,… sequentially per object 3.Update results per object Transactions: Settlement (CO88, VA88, KO8G, CJ8G), WIP at actual costs (KKAO), results analysis on sales orders (KKAK), variances with full settlement (KKS1), cost center variances (KSS1) HANA Training -optimized approach 1. Selection of objects, costs, status, and configuration directly from database 2. Update results per object New Transactions: Settlement (CO88H, VA88H, KO8GH, CJ8GH), WIP at actual costs (KKAOH), results analysis on sales orders (KKAKH), production variances (KKS1H), cost center variances (KSS1H) Results in performance Improvements between 10% and 60% (depending on volumes & configuration) New Period Close Transactions in SAP Simple Finance Results Analysis                                   ...
2 comments
Read more

SAP S/4HANA Simple Finance Simplified Way to Finance | SAP Simple Finance Online Tutorials

SAP S/4HANA Simple Finance SAP’s Financial & Controlling module (one of the core modules from SAP, since its R/2 days) is a pretty mature offering with awesome breadth and depth. But over the years, the world has changed a lot. New financial regulations across the globe are necessitating change. There is also a need for lightning fast financials reporting.  The world of data is changing swiftly and financial operations must deal with enormous amounts of data processed at higher speeds and make sense of it. Considering this and to leverage its high-performance HANA platform, SAP has taken its Financial & Controlling module to the next level by launching “Simple Finance” (short form- SFIN) with SAP Business suite 4 HANA (i.e. S/4 HANA) ). And while doing it, SAP not only overcame some of the short-comings (of traditional FICO module) but also packed it with some powerful new features. Single Source of Truth In Simple Finance, SAP has introduced a new tabl...
5 comments
Read more