What and How organizations can benefit from SAP's Simple Finance on HANA

How your organization can get most (Simpler, Faster, Real Time) out of SAP's Simple Finance on HANA

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
+ 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. 

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

1. Accounting
2. Cash management
3. 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

About Murali Venkatesh