Expert Session SAP Simple Finance Expertum
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Transcript of Expert Session SAP Simple Finance Expertum
How financials will run tomorrow
Experience Simple Finance
Philippe Despierre
May 7th, 2015
What do we want in 2015?
Ease of use
Modern look
Multiple devices
I want it now
Any point of viewGuided
Trusted figures
New insights
Simulation
No IT limitations
Real Time
The Simple Finance experience is a package bringing
you a completely new, integrated
finance experience
SPEED
EASE of USE
PROCESS SIMPLIFICATION
NEW INSIGHTS
What do we need?
A combination of
• A powerful engine: SAP HANA
• Simplified data model: SAP Simple Finance
• Intuitive, nice user interface: SAP FIORI
• Visualization tool: SAP Lumira
S/4HANA?
SAP HANA
SAP Business
Warehouse
powered
by SAP HANA
SAP Business
Suite
powered
by SAP HANA
SAP Simple
Finance
powered
by SAP HANA
Real-time analysis
Real-time reporting
Real-time business
OLAP and OLTP
together
SAP HANA Enterprise
Cloud for SAP Business
Suite on SAP HANA
In-memory
platform
Instant financial
insight
No aggregates
Single source of truth
Simplified data model
New user experience
Advanced processing
Choice of deployment
2011 20132012 2014 2015
Innovation through ‘Simple’ Finance
Real simplification of the underlying database structure
Removal of many aggregation and totals tables
Universal Journal Entry one document with FI and CO dimensions
Elimination of process steps
Single source of truth on all levels & angles
Optimisation of access, analysis & interpretation of figures through optimised
User Interface
the simplification platform
MSEG MARCMaster
Data
MSEG
NewBKPF COEP COBK BSEG BSIS BSIS BSIK BSET
COBK COEPLFC1 GLT0 GLT0 GLT0 COSP
MSTQH MSTEH
MSTBH
MSSQH MSSAHMSPRHMSLBH MSKUH
MSKAH
MKOLH
MCHBH
MARDH
MARCH
MSTQ MSTE
MSTB MSSQ MSSA
MSPR MSLB
MSKU MSKA MKOL
MCHBMKPF MARD
SAP Logistics with aggregates and indicesSAP Simple LogisticsSAP Finance with aggregates and indicesSAP Simple Finance
3 components
• SAP Acounting
• SAP Cash management
• Integrated Business Planning
SAP Accounting – now Simple
Convergence of FI and CO no more reconciliation
Single source of truth One source table with all dimensions
• Universal Journal Entry
Closing processes from batch to real-time
COPA – Account based
COPA – needed?
Characteristics
Value fields
Business Warehouse
SAP Accounting – now Simple²
Some new functionalities
• Refine cost-of-goods-sold postings
• Refine price difference postings from CO-PC
• Product Costing period end closing activities
• Other CO closing activities
• New Asset Accounting
SAP Accounting – now Simple³
Code changes to benefit from full power of HANA
Endless reporting possibilities
Optimized transactions through SAP Fiori tiles
Fasten your seatbelts
Demo P2P
Integration & Automation – Procure to Pay
Purchase
Order
Approve
P.O.
Commitment
General
Ledger
Posting
Approval
& Invoice Posting
(Subledger)
Payment Reconci-
liation
Bank
Statement
Processing
Cash
ForecastCash
Forecast
Cash
Position
Actual
Invoice ReceiptGoods
Receipt
ActualControlling
Purchasing
Finance
Treasury
Purchase
Order
Approve
P.O.
Commitment
General
Ledger
Posting
Approval
& Invoice Posting
(Subledger)
Payment Reconci-
liation
Bank
Statement
Processing
Cash
ForecastCash
Forecast
Cash
Position
Actual
Invoice ReceiptGoods
Receipt
ActualControlling
Purchasing
Finance
Treasury
Integration & Automation – Procure to Pay
Purchase
Order
Approve
P.O.
Commitment
General
Ledger
Posting
Approval
& Invoice Posting
(Subledger)
Payment Reconci-
liation
Bank
Statement
Processing
Cash
ForecastCash
Forecast
Cash
Position
Actual
Invoice ReceiptGoods
Receipt
Actual
Integration & Automation – Procure to Pay
Controlling
Purchasing
Finance
Treasury
Purchase
Order
Approve
P.O.
Commitment
General
Ledger
Posting
Approval
& Invoice Posting
(Subledger)
Payment Reconci-
liation
Bank
Statement
Processing
Cash
ForecastCash
Forecast
Cash
Position
Actual
Invoice ReceiptGoods
Receipt
Actual
Integration & Automation – Procure to Pay
Controlling
Purchasing
Finance
Treasury
Purchase
Order
Approve
P.O.
Commitment
General
Ledger
Posting
Approval
& Invoice Posting
(Subledger)
Payment Reconci-
liation
Bank
Statement
Processing
Cash
ForecastCash
Forecast
Cash
Position
Actual
Invoice ReceiptGoods
Receipt
Actual
Integration & Automation – Procure to Pay
Controlling
Purchasing
Finance
Treasury
Purchase
Order
Approve
P.O.
Commitment
General
Ledger
Posting
Approval
& Invoice Posting
(Subledger)
Payment Reconci-
liation
Bank
Statement
Processing
Cash
ForecastCash
Forecast
Cash
Position
Actual
Invoice ReceiptGoods
Receipt
Actual
Integration & Automation – Procure to Pay
Controlling
Purchasing
Finance
Treasury
Purchase
Order
Approve
P.O.
Commitment
General
Ledger
Posting
Approval
& Invoice Posting
(Subledger)
Payment Reconci-
liation
Bank
Statement
Processing
Cash
ForecastCash
Forecast
Cash
Position
Actual
Invoice ReceiptGoods
Receipt
Actual
Integration & Automation – Procure to Pay
Controlling
Purchasing
Finance
Treasury
App for Invoice and Goods Receipt Reconciliation, replacing 10 classic screens
Simplification of Processes, an example
1. GR/IR Clearing Account
2. G/L Account Line Item Display
3. Vendor Master Record Display
4. Purchase Order Display
5. FI Document Display
6. Material Display
7. Invoice Document Display
8. Manual table extraction to Excel
9. Manual Excel Pivot set-up
10. Reconciliation
De
mo
Simplified Processes: Reconciliation effort
Financial Close on SAP Simple Finance
Financial Close: Process Efficiency
The user interface: FIORI brings the Fun in Finance
Fun
Flashy
Financial
FIORI
• Intuitive new user interface
• Grouping of multiple transactions into 1 FIORI app creates insight & efficieny
• Combining analytical with transactional functionalities allow for faster decisions ànd
execution
FIORI
New apps for Simple Finance
• Examples
• Make manual postings to G/L accounts
• Assign postings to additional objects
such as cost centers, profit centers, and
orders
• Calculate taxes automatically
• Add attachments and enter notes to
explain the reason for a posting
The team
Casual user
It’s more than just speeding up processes — it’s making finance a true strategic partner to
the business
Financial insights
Business agilitySelf-service
Intuitive
Efficiency SimulationPlanning
Forecasting
KPIsVisual
Real-Time
DashboardingSingle Source of truth
“
Fasten your seatbelts
Demo Financial reporting
Expert user
• UniversalJournal:
benefit from connected data and additional reporting, dashboarding,
and modeling functionality
• Significant reduction in reconciliation efforts
• Real-time processes that eliminate bottlenecks during financial
close
• To-do list approach
• Improved transactions (HANA)
IT
• Simplification in system design
• Unified platform for processing & reporting
• Database reduction
• HANA database compression
-> lower TCO
Traditional DB on HANA S/4HANA
593 GB
118.6 GB
42.4 GB
The road to Simple Finance
Prerequisites
• ECC 6 with EhP7
• New G/L (!)
• SAP HANA database
• Financial Add-On
• SAP Fiori User Interface
Migration scenario
HANANew G/L
SFINUX
Lumira
Migration to SimpleFinance 2.0
• Non-disruptive
• Installation = migration!
• Any time (close period)
• Supported by migration guide and monitor
Free SAP migration coach
• Easy migration to S/4Hana
• Switching to HANA DB platform does not break connectivity to other systems
Customizing system prior
to migration
Migrating to new G/L
Plan& execute migration
steps
Migration: What about your unique code?
Reading: “yes” = replaced by views with the same name
Attributes added to the tables will need to be added in the views
Developments that write in old tables will no longer work
Custom developments that refer to Ztables will still work
Review custom built ABAP!
Licenses
• HANA runtime license
• SAP Simple Finance:
SAP Accounting: free of charge if you move from Suite on HANA to
S/4Hana before Q4/2015
Cash Management
Integrated Business Planning (BPC)
• FIORI: 0€
SimplificationSPEED
• No more reconciliation
• From Batch to real-time
• Performance increase
EASE OF USE
• New transactions
• FIORI: Optimized & simplified processes
SIMPLIFIED INFRASTRUCTURE
• Landscape simplification
• Reduced storage cost
NEW INSIGHTS
• Information availability, variable
granularity
• Single source of truth
www.expertum.net
Inspire by Experience.
Philippe Despierre
sr FI Consultant
+32 496 808 943
Thanks for listening! Any questions?
Appendix
Upgrading to EHP 7: Scope & Effort Analyzer