Ready to Fly High with SAP S/4 HANA Cloud
July 21, 2022
Ready to Fly High with SAP S/4 HANA Cloud
Score 7 out of 10
Vetted Review
Verified User
Overall Satisfaction with SAP S/4HANA Cloud
Use SAP S/4HANA Cloud for our major finance related, processes including, accounting Procure-to-Pay, Hire-to-Retire, & financial reporting. Prior to moving onto SAP S/4HANA Cloud, we were running non-standardized finance processes with significant system customizations that slowed down our ability to scale and keep up to date on system changes/improvements. It helps us to develop a standardized framework from which we can stand up our business units to develop a singular cohesive technology strategy.
- Native Account Analysis Reporting
- Connection of GL & Subledger
- Intercompany Management
- PO Accruals
- Native Trial Balance Reporting
- Standard Prepaid Processing
- Line Item Document Splitting
- Profit Center Document Splitting
- Positive - Greater access to more granular data.
- Negative - Slower consolidation.
- Negative - Significant Chart of Accounts Growth.
- Positive - Workflow provided traceability for manual journal entries.
The organization needed a tool that would scale with the fast-growing business. To accomplish this, we looked for a holistic solution that would allow bringing our various organizations under the same roof. Our previous accounting system had turned into a "Frankenstein monster" due to the amount of customization done throughout the years, and SAP S/4HANA Cloud allowed us to structure our business processes that would allow for us to leverage a significant amount of "out-of-the-box" functionality.
We were an Oracle shop before, and SAP was the clear (and only choice) that we considered. SAP was very open to our feedback and would consider making our needs part of the standard solution (where it made sense for their broader user community) for future releases. It offered all of the functionality we were looking for, which would allow us to have a comprehensive solution.
Do you think SAP S/4HANA Cloud delivers good value for the price?
Not sure
Are you happy with SAP S/4HANA Cloud's feature set?
Yes
Did SAP S/4HANA Cloud live up to sales and marketing promises?
I wasn't involved with the selection/purchase process
Did implementation of SAP S/4HANA Cloud go as expected?
No
Would you buy SAP S/4HANA Cloud again?
Yes