First Cut review.
March 09, 2026

First Cut review.

Anonymous | TrustRadius Reviewer
Score 8 out of 10
Vetted Review
Verified User

Overall Satisfaction with SAP Advanced Financial Closing

Fragmented task management & poor visibility, Manual and error‑prone close activities, Compliance & auditability gaps, Long, variable close cycles, Cross‑team coordination across plants/legal entities
  • Positive ROI & Business Value
  • Faster and More Predictable Close Cycles, Stronger Compliance, Auditability & Governance
  • Negative ROI or Challenges Impacting Value: Usability & Change Management Effort
  • User feedback from SAP’s Influence Portal shows customers requesting improvements in mass changes, dependency maintenance, and task list management—indicating usability friction
SAP Advanced Financial Closing (AFC) as the central orchestration layer for our period‑end close—month‑end, quarter‑end, and year‑end. SAP Advanced Financial Closing standardizes and automates close tasks across Finance (FI/GL), Controlling (CO), Asset Accounting (AA), Materials Management (MM), and Sales & Distribution (SD), with embedded approvals, dependencies, and system job automation.
  • Sales Force Assistant
  • Blackbaud Financial Edge NXT
The result is predictable cycle times, higher compliance, fewer manual hand‑offs, and real‑time transparency for controllers and management.

Do you think SAP Advanced Financial Closing delivers good value for the price?

Yes

Are you happy with SAP Advanced Financial Closing's feature set?

Yes

Did SAP Advanced Financial Closing live up to sales and marketing promises?

I wasn't involved with the selection/purchase process

Did implementation of SAP Advanced Financial Closing go as expected?

Yes

Would you buy SAP Advanced Financial Closing again?

Yes

Governance & operating model

SAP Advanced Financial Closing Feature Ratings

Consolidation and Close
7.7
Financial data consolidation
7
Journal entries and reports
8
Multi-currency management
8
Detailed Audit Trails
9
Reconciliation Automation
7
Close Checklist
8
Customizable Workflows
7

Comments

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