SAP S/4HANA Finance

I use SAP daily. Currently, it allows me to lookup customer balances and extend credit limits. I have also used to it post financial entries and reconcile account balances. It's very versatile and allows me to do a range of activities to get my job done quickly and efficiently.

Vantaggi

I really enjoy using SAP. I use it daily first in my accounting role and now in credit. It is very practical and easy to use once you know how to use it. It has extreme versatility and functionality. I would never want to use another finance software after using SAP!

Inconvenienti

I think it could be a bit more aesthetically pleasing; that being said its all about functionality.

Vantaggi

Stability: no crash problem as from my experience.
Performance: send and retrieve data quickly.
Applicability: can be applied for almost any accounting standard.

Inconvenienti

Cost: the product is costly, so if the company is not large enough to exploit it full to its capacity, then other products might be more cost efficient.

I think that SAP S4/HANA Finance opens new learning opportunities for people working in finance, resulting in better efficiency and ease of use.

Vantaggi

As a well-initiated user of SAP finance, I am happy to see that SAP S/4HANA comes with features that make it easier to understand and work with.

Inconvenienti

I think that extracting reports with S4/HANA might be a little bit complicated at the beginning, as it's quite different compared to what I and other SAP users were used to operating.

Vantaggi

Robust system; powerful features. Was able to provide efficiencies with the payment process, easier to research and identify the underlying transactions when performing analytical reviews. Had strong capabilities for complex consolidation structures and multi-country currencies.

Inconvenienti

Complex and time consuming conversion process. Required a lot of time during the testing and researching mapping issues phases of the conversion. Important to have a well-trained superuser in each location that can assist other team members during and after the conversion process. Because the system has so many features, there are also a lot of new things to learn.

Consigli utili

Hire conversion resources who are dedicated and have prior knowledge of this system. Implement in phases due to its complexity and tendency to overwhelm finance team members. Prioritize what can be done in later phases so that that users are not ovewhelmed with too many changes. Once the system is in place, it delivers what you need.

Vantaggi

In 3 years of using this application what i really like about is that it has T-codes that can easily use and remembered. Its very useful specially if your in a Financial services.

Inconvenienti

Sometimes, the application is slowing down specially if you input too many data but the product is good and you get what you pay. Also, it is too expensive but this is worth of your money.