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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    SAP Advanced Financial Closing

    Score7.8 out of 10
    N/AThe SAP Advanced Financial Closing solution helps organizations to meet regulatory disclosure mandates and gain real-time insights to make better decisions and ensure compliance.N/A

    SAP BPM

    Score7 out of 10
    N/ASAP NetWeaver Business Process Management is a business process management offering and application infrastructure. It supports joint modeling of processes, central process execution via a Java-based engine, provision of interfaces for users, and integration of business rules into processes.N/A
    Pricing
    SAP Advanced Financial ClosingSAP BPM
    Editions & Modules
    No answers on this topic
    No answers on this topic
    Offerings
    Pricing Offerings
    SAP Advanced Financial ClosingSAP BPM
    Free Trial
    NoNo
    Free/Freemium Version
    NoNo
    Premium Consulting/Integration Services
    NoNo
    Entry-level Setup FeeNo setup feeNo setup fee
    Additional Details——
    More Pricing Information
    Community Pulse
    SAP Advanced Financial ClosingSAP BPM
    Considered Both Products
    SAP
    No answer on this topic
    SAP
    No answer on this topic
    Key User Insights
    Would buy again
    100%
    Would buy again
    6 Answers
    No answers on this topic
    Delivers good value for the price
    100%
    Delivers good value for the price
    6 Answers
    No answers on this topic
    Happy with the feature set
    100%
    Happy with the feature set
    6 Answers
    No answers on this topic
    Lived up to sales and marketing promises
    100%
    Lived up to sales and marketing promises
    5 Answers
    No answers on this topic
    Implementation went as expected
    100%
    Implementation went as expected
    6 Answers
    No answers on this topic
    Features
    SAP Advanced Financial ClosingSAP BPM
    Consolidation and Close
    Comparison of Consolidation and Close features of SAP Advanced Financial Closing and SAP NetWeaver BPM
    Feature
    SAP Advanced Financial Closing
    7.4
    6 Ratings
    5% below category average
    SAP NetWeaver BPM
    -
    Ratings
    Financial data consolidation7.55 Ratings00 Ratings
    Journal entries and reports7.16 Ratings00 Ratings
    Multi-currency management7.36 Ratings00 Ratings
    Detailed Audit Trails7.66 Ratings00 Ratings
    Customizable Workflows7.65 Ratings00 Ratings
    Reporting & Analytics
    Comparison of Reporting & Analytics features of SAP Advanced Financial Closing and SAP NetWeaver BPM
    Feature
    SAP Advanced Financial Closing
    -
    Ratings
    SAP NetWeaver BPM
    10.0
    2 Ratings
    26% above category average
    Dashboards00 Ratings10.02 Ratings
    Standard reports00 Ratings10.02 Ratings
    Custom reports00 Ratings10.02 Ratings
    Process Engine
    Comparison of Process Engine features of SAP Advanced Financial Closing and SAP NetWeaver BPM
    Feature
    SAP Advanced Financial Closing
    -
    Ratings
    SAP NetWeaver BPM
    10.0
    2 Ratings
    18% above category average
    Process designer00 Ratings10.02 Ratings
    Process simulation00 Ratings10.02 Ratings
    Business rules engine00 Ratings10.02 Ratings
    SOA support00 Ratings10.02 Ratings
    Process player00 Ratings10.02 Ratings
    Support for modeling languages00 Ratings10.02 Ratings
    Form builder00 Ratings10.02 Ratings
    Model execution00 Ratings10.02 Ratings
    Collaboration
    Comparison of Collaboration features of SAP Advanced Financial Closing and SAP NetWeaver BPM
    Feature
    SAP Advanced Financial Closing
    -
    Ratings
    SAP NetWeaver BPM
    10.0
    2 Ratings
    18% above category average
    Social collaboration tools00 Ratings10.02 Ratings
    Content Management Capabilties
    Comparison of Content Management Capabilties features of SAP Advanced Financial Closing and SAP NetWeaver BPM
    Feature
    SAP Advanced Financial Closing
    -
    Ratings
    SAP NetWeaver BPM
    10.0
    2 Ratings
    21% above category average
    Content management00 Ratings10.02 Ratings
    Best Alternatives
    SAP Advanced Financial ClosingSAP BPM
    Small Businesses
    No answers on this topic
    Process Street
    Score8.2 out of 10
    Medium-sized Companies
    BlackLine
    Score8.9 out of 10
    TIBCO® BPM Enterprise
    Score8 out of 10
    Enterprises
    BlackLine
    Score8.9 out of 10
    IBM Business Automation Workflow
    Score10 out of 10
    All AlternativesView all alternativesView all alternatives
    User Ratings
    SAP Advanced Financial ClosingSAP BPM
    Likelihood to Recommend
    7.6
    (6 ratings)
    10.0
    (3 ratings)
    Likelihood to Renew
    -
    (0 ratings)
    7.0
    (1 ratings)
    Usability
    7.4
    (6 ratings)
    -
    (0 ratings)
    Support Rating
    -
    (0 ratings)
    5.0
    (1 ratings)
    User Testimonials
    SAP Advanced Financial ClosingSAP BPM
    Likelihood to Recommend
    SAP
    If asked, I think I am likely to recommend SAP Advanced Financial Closing to a colleague for MEC (month end closing)
    Incentivized
    Read full review
    SAP
    It is well suited when we need to integrate business processes with SAP ERP and SAP CRM - the solution can be integrated with business rules/procedures defined in SAP ERP/CRM and NetWeaver can be used to monitor the rules and flag off exceptions. When there are multiple workflows running, it tends to slow down running of these processes. Also, it entirely depends on SAP portal for it to run efficiently.
    Incentivized
    Read full review
    Pros
    SAP
    • KPI (Key Performance Indicator)
    • I think SAP Advanced Financial Closing does transparency well
    • Walk me
    Incentivized
    Read full review
    SAP
    • Virtual paper trail. Iterations of process and current documentation are all stored as "artifacts", leaving a great trail.
    • Configuration of users. BPM somewhat magically determines which users will be impacted and automates rules.
    • A pro (that is also a con) is the design interface. If you know what you are doing, it is incredibly powerful and malleable.
    Read full review
    Cons
    SAP
    • In my opinion, SAP Advanced Financial Closing has room for improvement with Variants
    • In my experience, Backend Customization has room for improvement in SAP Advanced Financial Closing
    Incentivized
    Read full review
    SAP
    • Live readings would be nice.
    • Easier to maneuver
    • Work with all systems with the press of one keystroke
    Incentivized
    Read full review
    Likelihood to Renew
    SAP
    No answers on this topic
    SAP
    As a big fan of SAP in general, the BPM solution fits right in with all the other things SAP does well, and does it with incredible efficiency
    Read full review
    Usability
    SAP
    The date generated by the product is reliable, however it could be improved in terms of speed especially when it comes to high number of transaction data.
    Incentivized
    Read full review
    SAP
    No answers on this topic
    Support Rating
    SAP
    No answers on this topic
    SAP
    We have our own tech support for systems, I would say they probably could use more training on it, I don't really think it's anything regarding the SAP system, but more the knowledge they have on the system itself. It seems to take longer for them to fix any issues we may come across.
    Incentivized
    Read full review
    Alternatives Considered
    SAP
    It enables faster and continuous close
    Incentivized
    Read full review
    SAP
    I found the initial setup of NetWeaver is much simpler than other products especially in an SAP environment where we have SAP ERP/HRM/CRM as it can be well integrated with other SAP products. The only drawback is the need/dependency on SAP Portal. It is better suited in an environment where SAP ERP is running.
    Incentivized
    Read full review
    Return on Investment
    SAP
    • SAP Advanced Financial Closing has had a positive impact on our business
    Incentivized
    Read full review
    SAP
    • Helped us harness integrated benefit from having SAP ERP/CRM by leveraging NetWeaver to define business processes/rules and monitor exceptions
    • Did not have any negative experience except for the fact that at times when multiple rules run, it can be somewhat slow
    Incentivized
    Read full review
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