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SAP Central Finance

A Solution and a deployment approach

Bridging business and technology with smart SAP solutions. |

What is SAP Integrated Business Planning (IBP)?

 

SAP IBP system provides a single platform for businesses to collaborate, plan, and execute their operations, ensuring that all stakeholders have access to the same data and can make informed decisions based on real-time information.

Features

Sales & Operations
Sales & Operations Planning

S&OP is a cross-functional process that involves sales, marketing, finance, and operations teams, and aims to ensure that a company's supply chain is able to meet customer demand while balancing costs and inventory levels. It provides real-time planning with performance monitoring and simulation capabilities. 

Demand Management
Forecasting & Demand Management

Enables companies to create accurate demand forecasts and optimize their inventory levels. The solution uses advanced analytics and machine learning algorithms to analyze historical demand data and generate accurate forecasts. It consists of Demand planning, Advanced demand sensing, Statistical models for forecasting, time series for demand analysis and demand sensing

Inventory Optimization
Inventory Planning & Optimization

Enables companies to optimize their inventory levels by balancing customer service levels and inventory costs. The solution contains multistage inventory optimization, robust statistical models, service level management, “what-if” scenario analysis, and embedded analytics.

Planning
Response & Supply Planning

Enables companies optimize their supply chain operations by providing real-time visibility into supply chain performance, enabling rapid response to changes in demand, supply or constraints. It provides order promising, constraint-based planning, rough-cut planning, multilevel planning with allocations and repromising of orders through prioritization rules.

Replenishment
Demand-Driven Replenishment

Optimize the inventory and replenishment processes based on actual customer demand using Demand-Driven Replenishment. Enable smooth material and information flow combined with calculations of past material consumptions for future forecasting of buffer zones.

Supply Chain
Supply Chain Visibility

IBP provides comprehensive visibility across all levels of your supply chain. The alerting and analytics provide a 360 degree view. With supply network collaboration and comparison analysis one can break the ground for next level supply chain operations. 

What is Universal Journal?

SAP Central Finance Universal Journal is a feature of SAP Central Finance that enables the centralization of financial data from different systems and sources into a single, integrated view. It is based on the Universal Journal data model, which combines various financial accounting data into a single, consistent format.

The Universal Journal integrates various accounting components, such as general ledger, accounts receivable, accounts payable, asset accounting, and controlling, into a single journal entry. This enables companies to get a holistic view of their financial data from different systems and sources, providing real-time insight into financial performance across the entire organization.

Accounting Integration

Direct replication of Accounting information in the Universal Journal enables harmonization of data and reduces need for reconciliation. 

Benefits of SAP Central Finance

A centralized and harmonized finance system provides many advantages, a few mention:

  • Effective Cost assessments
  • Ease of Cash flow management 
  • Revenue Recognition 
  • Finance Closure 
  • Reduced TCO 
  • Harmonized data

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