(What is SAP S/4HANA Finance? – SAP S/4 HANA Finance 1909 Certification Online Course)
SAP S/4HANA Finance is part of the SAP S/4HANA Business Suite. The current version is SAP S4 HANA Finance 1909. With the ERP financial software, SAP provides companies with a comprehensive solution for the entire financial management – from financial planning and analysis, accounting, risk and compliance management to receivables management.
SAP S/4HANA Finance is available on-premise or for the cloud. The solution provides companies with a uniform view of all financial and operational data. It ensures optimized business processes and enables real-time analysis.
However, if you are confused between terms, such as SAP Simple Finance, SAP S/4 HANA Finance and SAP Central Finance. Here is a brief view of the main difference between them.
1.SAP Simple Finance is the predecessor product of SAP S/4HANA Finance. SAP Simple Finance was replaced at the end of 2015.
2.SAP S/4HANA Finance is the current ERP financial software from SAP and part of SAP S/4HANA. The ERP solution runs on the SAP HANA in-memory database.
3.SAP Central Finance is a platform based on SAP S/4HANA. It enables a centralized financial system. This solution can be used as an initial entry point for a later full implementation of SAP S/4HANA.
Key Features of SAP S/4HANA Finance – SAP S/4 HANA Finance 1909 Certification Online Course
1.)Research & Development: SAP S/4HANA Finance enables multidiscipline product definition, what-if analysis and iterative design processes.
2.)Real-Time Financing: Users get real-time oversight into finance processes and finance/management accounting results. This feature makes business and financial planning a breeze with prediction, simulation and what-if analysis.
3.)Marketing Analysis: This feature allows planning and execution of personalized email campaigns and campaign performance analysis. Users can also consolidate customer information into one enriched view and leverage advanced analytics to gain insights.
4.)Snapshot Manufacturing: This system gives users enterprise-wide visibility across supply, production, inventory and demand. This feature also provides faster execution of more current and accurate views of material quantities.
5.)Supply Chain Management: Real-time and adaptive freight planning, truck visibility, and warehouse automation are provided within the system. Users can sense short-term demand and respond quickly with fast planning, replanning and simulation.
6.)Accessible Sales Data: Users have access to product catalogs, inventory and pricing to create sales quotes and fulfill sales orders in real-time. This feature also manages accounts, opportunities and other activities while leveraging advanced analytics to gain insights.
Want to gain in-depth knowledge of SAP S/4HANA Finance, consider enrolling for SAP S/4 HANA Finance 1909 Certification Online Course.
(Why get SAP S/4 HANA Finance 1909 Certification Online Course from Multisoft Virtual Academy?)
Multisoft Virtual Academy has been in the industry for more than 2 decades. SAP S/4 HANA Finance 1909 Certification Online Course is delivered by Multisoft’s global subject matter experts with step-by-step teaching approach and instant doubt resolution. This course offers in-depth knowledge on all the aspects, capabilities and uses of SAP S/4 HANA Finance software. All the courses offered by Multisoft Virtual Academy come with perks like lifetime e-learning access and recorded training session videos. After successful completion of SAP S/4 HANA Finance 1909 Certification Online Course, participants receive a globally recognized training certificate. Moreover, apart from offering an internationally accepted certificate to help showcase skills and learning to potential employers across the world, Multisoft offers after training support to help successful participants connect with potential employers.
(Conclusion:) SAP S/4 HANA Finance 1909 Certification Online Course is ideal for Project Manager; SAP HANA® Consultant; Application Consultant; Support Consultant; Chartered Accountants, CPAs, CMAs and SAP® FICO Consultant. If you want to learn how to use SAP S/4 HANA Finance capabilities to remove traditional barriers between transactional, analytics and planning systems and gain instant insights and on-the-fly analysis using all levels of financial data.
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