SAP Group Reporting
SAP was founded in 1972 as a business applications company. Today, the vendor has a turnover of €29.52 billion, employs more than 100,000 people, and is one of the largest business software vendors in the world.
SAP’s data and analytics portfolio is based on SAP Business Technology Platform (BTP), which provides cloud-based data, analytics, application integration and extension services across all SAP products. It encompasses solutions for BI, analytics, enterprise planning and performance management. From a strategy perspective, SAP is investing heavily in innovation in the cloud while still supporting and developing its on-premises solutions. SAP’s analytics and EPM solutions are spread across different product lines. For planning and budgeting, SAP Analytics Cloud (SAC) and the on-premises solution SAP Business Planning and Consolidation (BPC) are the core offerings. Both are supplemented by SAP S/4HANA Finance for Group Reporting for financial consolidation and close.
SAP S/4HANA Finance for Group Reporting is SAP’s strategic financial consolidation and close offering. It directly integrates with SAP S/4HANA for Central Finance and is available in the cloud, on-premises or in hybrid deployments. SAP S/4HANA Finance for Group Reporting offers capabilities for the preparation of consolidated financial statements and group reporting, including data entry, data validation, currency translation, intercompany reconciliation, postings, etc. Thanks to integrations with SAP Analytics Cloud or SAP Disclosure Management the analysis of data, publishing of consolidated results or consolidation of plan data is supported.
User & Use Cases
This year we had 18 responses from SAP S/4HANA Finance for Group Reporting users. At the time of the survey, 69 percent of them were using version 2022 and 31 percent were running version 2021.
