Efficient finance operations provide the foundation for financial excellence. Without effective and streamlined financial business processes that enable you to reduce costs and resource demands, it's difficult to achieve the more advanced objectives of your enterprise.

Manual processes prevent Finance from becoming a strategic partner to the business.

SAP software and services enable you to streamline and improve accuracy of financial processes, such as reporting cycles and receivables; control and manage corporate spend; and realize economies of scale through shared-service deployments.

With SAP software and services, we can help you:

• Streamline your financial close cycle through improved automation and collaboration, improving period-end closing cycle time
• Increase finance productivity, enabling your finance teams to manage global operations with fewer resources, while maintaining your cost structure
• Automate receivables, invoicing, and cash reconciliation processes – improving order-to-cash cycle time

Solutions to Gain Efficiency in Finance

Fast Close

SAP's financial management solutions provide the foundation for you to automate critical finance processes that span sales, procurement, supply chain, and your financial institutions – with the flexibility to configure processes according to the best practices of your industry. The "fast close" solution combines leading applications from SAP and our partners, such as the SAP Central Process Scheduler application by Redwood, which enables you to preserve your investment in existing systems by scheduling and monitoring the financial close process across mixed-system environments.

Financial Supply Chain

The link between your operating processes and finance is enhanced with SAP Financial Supply Chain Management applications. Your organization can deploy electronic invoicing and automated payment processes that can allow you to seamlessly integrate your accounts receivable and payable functions with your financial institutions, eliminating paper-based, manual processes and dramatically reducing costs.

Best-Practice Implementations

To provide you with a clear path to improved efficiency in finance, SAP Services and consulting partners offer a portfolio of services to review financial processes and help establish industry best practices. Our services deliver a established roadmap to ERP migration services and help you streamline financial reporting and month-end closing – giving you the information you need to guide operating units to better performance.

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