Achieving a unified and harmonized view of your financial data is crucial for informed decision-making. KGT specializes in implementing SAP Central Finance, a solution that consolidates financial data from multiple source systems into a single, centralized platform.
Our Central Finance services empower your business to:
- Harmonize Data: Establish a single source of truth for financial information, minimizing the risk of errors and inconsistencies.
- Enable Real-Time Reporting: Access financial data in real time, facilitating faster and more accurate reporting and analysis.
- Streamline Processes: Simplify financial workflows, reduce reliance on manual data entry, and enhance overall efficiency and transparency.
Partner with KGT to optimize your financial data management and support informed decision-making.
SAP S/4HANA Central Finance is a deployment option of SAP S/4HANA that consolidates financial data from multiple ERP systems - both SAP and non-SAP - into one centralized platform. It enables organizations to create a single source of truth for financial reporting and processing without having to immediately replace their existing ERP systems.
Many organizations operate in complex system landscapes with multiple ERPs. Central Finance helps unify and harmonize financial data, enabling group-wide reporting, compliance, and central financial operations, while keeping local ERP systems in place.
Central Finance provides real-time reporting, harmonized master data, and simplified financial processes. It reduces manual work, minimizes errors, and supports better decision-making with up-to-date and consistent information across the enterprise.
No. Central Finance does not require you to immediately decommission your existing ERP systems. Instead, it works alongside them, replicating financial data into a central hub. This allows for a phased and low-risk transition to SAP S/4HANA.
KGT specializes in implementing Central Finance tailored to the needs of multinationals. Our expertise ensures smooth data integration, robust controls, and optimized reporting processes. We help clients harmonize their financial data, streamline workflows, and prepare for future S/4HANA adoption.
Yes. By consolidating and harmonizing financial data, Central Finance creates a strong foundation for compliance with tax regulations, such as SAF-T and e-invoicing. With one central source of truth, companies can respond faster and more accurately to reporting requirements and audits.