What is SAP Simple Finance?


SAP Simple Finance is a complete finance solution based on SAP HANA that can be easily deployed in the cloud or on premise. Invented to be simple to handle, it can give immediate insight for finance specialists. It improves the modern finance solution portfolio from SAP, maintaining its functional strength while allowing no disruptive migration. It is applied to perform financial operations and accounting in real time and reporting using BI tools. SAP Simple Finance assists in examining the economic circumstances of an industry in the market.


Simple Finance on HANA
Simple Finance on HANA
The actual set of finance processes allows people and organizations to go collectively more efficiently and to accept fact – based, immediate insight to stay forward of the race. Holistic finance and operational processes enable administrators to manage.

The value map for Finance recognizes the business priorities and strategic solutions, groups them into logical end –to –end processes, and distribute these methods further into implementable steps. In the case of finance, the products that promote these processes traverse many portfolios of solutions, including SAP ERP financials; SAP solutions for Enterprise Performance Management (EPM); SAP solutions for Governance, Risk, and Compliance (GRC); and SAP Business Intelligence (BI).

SAP Simple Finance includes the following sectors of finance:

•    Financial and Accounting close
•    Financial planning and analysis
•    Collaborative finance operations
•    Treasury and financial risk management
•    Enterprise risk and compliance management

SAP Simple Finance ─ Key Features


  • Accounting and Finance- With the aid of advanced Finance and Accounting characteristics, companies can meet the legal terms and complete the financial reports on time.
  • Financial Planning and Analysis- Managing SAP Simple Finance, companies can use it to forecast, plan, and budget as an on-going process. With the application of Predictive Analysis, you can forecast the influence of business decisions on the financial reports of the company.
  • Risk and Compliance Management- Using powerful financial processes, it is simple to stop illegal access to sensitive data in the company. It is simple to detect scam and abuse, and companies can proactively balance the risk for all the financial processes.
  • Financial Risk Management- Using Forbidding Analysis, companies can find the risk in financial processes at an early stage and complete ways to moderate them. It is simple to find the best possible property rates as per market standards.


SAP Simple Finance - Architecture


SAP Simple Finance Training in Hyderabad presents tremendous cost and time saving to manage finance and accounting by leveraging the computing power of SAP HANA. The general journal connects all the good qualities of accounting elements. In the past SAP Finance Accounting tool, all the elements are independently managed due to technical limitations without HANA platform.


Key Features of the Simple Finance new Architecture
  • Multidimensional reporting on Universal journal without doing data replication to BI.
  • Enhanced structural abilities of the financial solution - multi GAAP, additional currencies, etc.
  • Assistance for the current ABAP programs or reports to prior tables with reading access.
  • Universal Journal as one-line item table with full detail for all the elements. No settlement is expected and data is stored only once.

 What is the SAP Simple Finance Offering?


Key Innovations within SAP Simple Finance
Key Innovations within SAP Simple Finance
  • One general view of real-time ‘harmonized’ financial and management accounting data for all subsidiaries, to support guaranteed enterprise-wide agreement and overcome rapprochement time and errors.
  • Allow high-speed “real-real-time” analytics at “most granular level” overall financial dimensions without any restrictions.
  • Optimization of Business Processes – Event-driven processes with real-time execution.
  • Built-in capacity to use forecast, simulation, and analysis to evaluate the financial implications of strategic business options.
  • On-premise, hybrid, and cloud deployment options, and a non-disruptive migration path.

SAP HANA Finance Training at SAPVITS 

SAPVITS is one of the most famous institutes for SAP Training in India which covers the length and broadness of SAP Finance course. We at SAPVITS provides online training for all SAP functional and technical modules in not only in Pune, Mumbai, Hyderabad, Delhi, Gurgaon, Chennai but also in the USA, UK, UAE, Australia, Canada, Singapore and all over the world.

SAP S4 HANA Simple Finance Online Training course offers you with a comprehensive financial solution and is based on HANA database platform. It’s actually an updated version of SAP ERP financial accounting & controlling and has been restructured and revised based on HANA know-how. SAP Simple Finance Training in Bangalore is useful for students with commerce background to get entry level high-paying jobs in the IT and financial sectors. Furthermore, Chartered Accountants are also getting themselves trained in SAP Simple Finance, so as to become specialists and take additional benefit of their profession. Course attendees of SAP Simple Finance Training in Pune will also take benefits of study material, Recorded videos and 24/7 server access facility provided by SAPVITS. Following are some of the courses for which SAPVITS is more famous:


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Contact Us:-


Vintage IT Solutions
Website: http://www.sapvits.com/
Email ID: info@sapvits.com
UK: +44 141 416 8898
IND: +91 992 284 8898
USA: +1 912 342 2100


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