The system for next generation
February 25, 2019
The system for next generation
Score 8 out of 10
Vetted Review
Verified User
Overall Satisfaction with SAP S/4HANA Cloud
Managing a large global company with multiple large acquisitions, we were challenged to streamline, automate and standardize Financial Accounting Processes. We are implementing SAP S/4HANA Cloud to replace multiple ERP Systems with one. We aim to improve, simplify and standardize Financial Accounting Processes with SAP S/4HANA Cloud. SAP S/4HANA Cloud's integrated ledger provides real-time posting and eliminates the need to manage Sub Ledgers and posting to GL during month end. The universal ledger provides greater insight to analyze the financial performance of the organization. While we are currently ramping up our deployment of SAP S/4HANA Cloud, we aim to replace all the ERP systems globally with SAP S/4HANA Cloud in the near term.
- Integrated ledger provides greater comfort with financial controls
- Power of SAP S/4HANA Cloud provides real-time financial reporting and analysis
- Period End Close Cockpit is robust and facilitates automated financial close
- Roadmap of SAP S/4HANA Cloud is changing rapidly, customers will be challenged to catch up with the latest versions and upgrades
- Early adoption to latest version poses the risk of bugs and issues
- SAP S/4HANA Cloud Integration with other systems could be improved
- Unified single Financial Accounting System lowered the cost of maintenance and support.
- Built-in controls provide greater comfort for the CFO to relay on the Financial Reporting.
- Reporting with latest tools including FIORI APPS are useful with mobile-enabled devices.
- Built-in CDS views are useful for Reporting with Analysis for Office.
SAP'S roadmap on SAP S/4HANA Cloud is meeting the next generation of reporting needs. The built-in rigid controls provide greater comfort for senior management. SAP S/4HANA Cloud is powerful and provides real time reporting. The overall cost of deployment and support of SAP S/4HANA Cloud was found to be lesser than other products. The global presence of SAP Support is also a positive factor.