mySAP ERP Financials provides a complete financial management solution for a broad range of industries. It's the leading enterprise software solution for accounting, financial reporting, performance management, and corporate governance.
With mySAP ERP Financials, you can transform finance from an administrative department into a strategic business partner. One that provides deep operational insight, unifies strategic action, and measures results quickly.
The solution offers depth of functionality in accounting, reporting, analysis, financial supply chain, and treasury management. Robust financial and management reporting, plus internal controls and documentation of all financial processes and transactions, ensures the highest levels of business analysis and governance.
mySAP ERP Financials provides industry-leading support for local market requirements, languages, and currencies. It also supports a broad range of industry-specific processes and is compatible with all SAP industry solutions. Its scalable and open architecture is built for multinational organizations and connects financial management with existing business systems.
mySAP ERP Financials powers the highest-performing finance organizations in the world. It offers a unique advantage to companies by providing market-leading financial management tools that work harmoniously with your operational systems.
Features & Functions
mySAP ERP Financials gives you a complete, end-to-end solution for financial management to meet the needs of finance and accounting managers, IT professionals, and senior executives. The solution delivers features and functions to support the following business activities:
Financial and managerial accounting -- New general ledger functions support legal financial reporting, managerial and segment reporting, International Accounting Standards, parallel sets of books, profit center maintenance, allocations, and planning.
Corporate governance -- Internal controls, an audit information system, support for whistle-blowing, and enhancements to accounting and financial reporting enable you to revamp your entire approach to corporate governance -- and reduce the administrative costs of achieving compliance with current and emerging financial reporting standards.
Financial supply chain management -- Credit, collections, dispute resolution, electronic invoicing, electronic payments, in-house banking, cash, treasury, and risk management can be integrated as one seamless set of processes to improve your control of working capital and cash flow.
Business Benefits
mySAP ERP Financials provides you with the most comprehensive global financial management solution available today. With mySAP ERP Financials, you can realize:
Improved corporate performance -- mySAP ERP Financials gives you the ability to quickly read, evaluate, and respond to changing business conditions with effective business strategies.
Faster closes -- With mySAP ERP Financials, you can streamline consolidation, process scheduling, workflow, and collaboration.
More effective corporate governance and better transparency -- mySAP ERP Financials provides broader support of accounting standards, federal regulations, and improved administration of internal controls.
Shorter days sales outstanding -- mySAP ERP Financials automates dispute, credit, and collections management -- and offers electronic invoicing and payment capabilities that supplement traditional accounts receivable and accounts payable functions.
Greater ability to manage cash globally -- mySAP ERP Financials lets you report, analyze, and allocate cash in real time, and establish in-house banks or payment centers.
Improved financial and managerial reporting -- mySAP ERP Financials gives you the flexibility to report performance by business unit, organization, or cost center.
Improved process integration between finance and treasury -- With mySAP ERP Financials, you can integrate risk and treasury transactions with core accounting and financial reporting processes.
More competitive costs of finance -- mySAP ERP Financials helps you innovate processes, collaborate with supply chain partners, and establish global shared-service operations.
