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Keys to a fast and accurate financial closeFranco Furlan, Middle and Eastern Europe Center of Excellence for Analytics, SAPKiev, October 8, 2014Dublin, 3 July 2014

Agenda Where financial close fits Drivers and barriers for a fast, high-quality financial close Your financial close action plan SAP solutions for accounting and financial close– Entity Close– Corporate Close– Reporting and Disclosure Wrap-Up 2014 SAP SE or an SAP affiliate company. All rights reserved.2

Driving Business Results Through Financial ExcellenceFrom the CFO to a Broad Set of Finance TeamsControllerFINANCIALPLANNING ANDANALYSISHead of CorporateReportingACCOUNTING ANDFINANCIAL CLOSE3xCorporateTreasurerTREASURY ANDFINANCIAL RISKMANAGEMENTHead of FinanceOperationsChief ERPRISE RISKAND COMPLIANCEMANAGEMENTLower finance cost as percentage of revenue for top quartileorganizations versus bottom quartile organizationsSource: SAP Performance Benchmarking 2014 SAP SE or an SAP affiliate company. All rights reserved.3

Line of Business Finance Buying CentersHolistically addressing your Audiences’ NeedsRisk & Compliance &AuditPlanning & ControllingFinancial ReportingTreasuryFinance OperationsManage FinancialPerformanceAccounting andFinancial CloseTreasury andFinancial RiskManagementCollaborative FinanceOperationsManage Risk andCompliance andAuditDevelop and TranslateStrategyFinancial AccountingPayments and BankCommunicationsReceivablesManagementRisk and ComplianceManagementPlanning, Budgetingand ForecastingEntity CloseCash and LiquidityManagementReal EstateManagementInternal Control &Access ManagementProfitability andCost AnalysisCorporate CloseDebt and InvestmentsStrategiesFinance SharedServicesGlobal Trade ServicesReporting andDisclosureFinancial RiskManagementTravel ManagementFraud ManagementFinancial CloseGovernanceCommodity RiskManagementCollaborativeInvoice to PayAudit ManagementBusiness Insights 2014 SAP SE or an SAP affiliate company. All rights reserved.4

Agenda Where financial close fits Drivers and barriers for a fast, high-quality financial close Your financial close action plan SAP solutions for accounting and financial close– Entity Close– Corporate Close– Reporting and Disclosure Wrap-Up 2014 SAP SE or an SAP affiliate company. All rights reserved.5

Barriers and Challenges to a FasterAccurate Close

CFO challengesLack of trust indata and reportingLack of financial andoperational predictabilityMultiple and lengthy financialperformance managementcyclesOutperformcompetitors’ costsand marginsLackof accountabilityHow to be thestrategic advisorto the businessMitigate riskDisparate data intools from multiplevendorsLack of alignmentbetween strategy andday-to-day operationsRetaining the rightfinance talent 2014 SAP SE or an SAP affiliate company. All rights reserved.Coping with a compliancemarathon7

Barriers to a fast, high-quality financial closeFrequently cited barriers to a fast closeInternal politicsbetween HQ andsubsidiariesLate delivery fromreporting unitsLack of buy-infrom divisionsStaff experiencewith systems andclose processesDistribution of systems andmaintenance of metadataMultiple GAAP and/or charts of accountsData transmission problemsIntercompany reconciliationLack of automationWeak audit trailsLack of integration with source systems andmanual data inputDelays understanding variancesIntegration with plan and budget dataReconciliation of management andstatutory reportingPerformance of consolidation applicationsData collection errors and high volumes oflate adjustmentsAdded pressure of adopting new regulations such as Sarbanes-Oxley, IFRS, and XBRLResource-intensive manual internal control activitiesRegulatory Framework 2014 SAP SE or an SAP affiliate company. All rights reserved.Technology BarrierProcess BarrierPeople Barrier11

Agenda Where financial close fits Drivers and barriers for a fast, high-quality financial close Your financial close action plan SAP solutions for accounting and financial close– Entity Close– Corporate Close– Reporting and Disclosure Wrap-Up 2014 SAP SE or an SAP affiliate company. All rights reserved.12

Your financial close action planStage 1: VisionVisionPerform“as-is” reviewDefine visionand benefitsObtainexecutivesponsorshipA successful fast financial close project requires: A thorough diagnostic that clarifies areas of strengthand weaknesses Covers the end-to-end process across all key dimensions Timetables, organization, policy, processes, systems,quality, content Benchmarks against internal and external performance Benchmarks against best practicesKey outcomes will include clearly identified projectgoals Target timetables for legal and management reporting Key areas for process improvementChange ManagementMilestone 1Completed project plan 2014 SAP SE or an SAP affiliate company. All rights reserved.13

Obtain executive sponsorshipCompanies with a program to shorten the close, achieve results over thosewith no process in place. Executive sponsorship and focus is key.HasYesaprocessHas noNo/otherprocess-3 Days-2 Days-1 DaySame28%20%29%22%4% 9%3 or moredays shorter76%2 daysshorter1 dayshorter77%9%It takesus the sameamount of time15%1 daylongerCompared to two years ago, how much longer or shorter is your quarterly/semiannual closing process?Source: Ventana Research Trends in Fast Clean Close Benchmark Research 2014 SAP SE or an SAP affiliate company. All rights reserved.14

Your financial close action planStage 2 : Quick winsVisionQuick WinsPerform“as-is” reviewDefine visionand benefitsObtainexecutivesponsorshipCreate close scorecard to coach bestand worst performersCreate closescorecardConduct peer-to-peer intercompanyreconciliation age data integration tools,validations, and controls for rightfirst-time closeRight-firsttime closeIn-house publishing of financialstatements in XBRLXBRLpublishingChange managementChange ManagementMilestone 1Completed project planMilestone 2Immediate timetable reduction 2014 SAP SE or an SAP affiliate company. All rights reserved.15

Your financial close action planStage 3 : Big winsQuick WinsPerform“as-is” reviewDefine visionand benefitsObtainexecutivesponsorshipCreate onRight firsttime closeXBRLpublishingBig WinsEnsure consistent corporate master dataAutomate internal control processesVisionDisclosure andReportingIntroduce financialstatement reportingappCorporate CloseRenovateconsolidation appEntity CloseOrganize entityclose,improve ERP appsChange managementChange ManagementMilestone 1Completed project planMilestone 2Immediate timetable reduction 2014 SAP SE or an SAP affiliate company. All rights reserved.Milestone 3Vision achieved16

Your financial close action planStage 4 : Post project reviewQuick WinsPerform“as-is” reviewDefine visionand benefitsObtainexecutivesponsorshipCreate onRight firsttime closeXBRLpublishingPost ProjectReviewBig WinsEnsure consistent corporate master dataAutomate internal control processesVisionDisclosure andReportingIntroduce financialstatement reportingappCorporate CloseRenovateconsolidation appEntity CloseOrganize entityclose,improve ERP appsContinuousimprovementframeworkExtend toplanning,budgeting, andforecastingChange managementChangeManagementMilestone 1Completed project planMilestone 2Immediate timetable reduction 2014 SAP SE or an SAP affiliate company. All rights reserved.Milestone 3Vision achieved17

The result of your financial close action planFaster cycle times to close booksand report on financial performanceReduced cost of financeand complianceImproved data qualityRobust audit trailsBetter informed decision makingMinimized risk of restatementsIncreased stakeholder confidence 2014 SAP SE or an SAP affiliate company. All rights Agents18

Specific Benefits Realized by Companies whenLeveraging Technology in Financial Close and Reporting 2014 SAP SE or an SAP affiliate company. All rights reserved.19

Agenda Where financial close fits Drivers and barriers for a fast, high-quality financial close Your financial close action plan SAP solutions for accounting and financial close– Entity Close– Corporate Close– Reporting and Disclosure Wrap-Up 2014 SAP SE or an SAP affiliate company. All rights reserved.20

Accounting and financial closeImprove speed, accuracy, and compliance while reducing costsChief standards andrequirementsefficiently CloseEntity CloseProvide timelyreporting withexistingresources ComplianceSpeedIC matchingEfficiency 2014 SAP SE or an SAP affiliate company. All rights reserved.Quickly supplyconsolidatedmulti-standardfinancial data ComplianceSpeedAutomationEfficiencyReporting andDisclosureStreamlinereporting andadhere toregulations EfficiencyInsightTransparencyControlFinancial CloseGovernanceEnsuretransparencyand consistentmaster data StandardizationConsistencyTransparencyControl21

Accounting and financial close applicationsChief FinancialOfficerFinancialAccounting SAP GeneralLedger SAP ERPFinancials –Sub LedgersEntity Close SAP FinancialClosing cockpit SAP CentralProcessScheduling byRedwood SAPIntercompany SAP FinancialInformationManagement 2014 SAP SE or an SAP affiliate company. All rights reserved.CorporateCloseReporting andDisclosureFinancial CloseGovernance SAP BusinessPlanning andConsolidation SAP FinancialConsolidation SAP NotesManagement SAP Starter Kits SAPBusinessObjectsBI Solutions SAP DisclosureManagement SAP ProcessControl SAP Master DataGovernance forFinancial Data22

SAP accounting and financial closeAccountingGeneral g d l ClosingcockpitFinancialCloseGovernance 2014 SAP SE or an SAP affiliate company. All rights s ControlsMaster Data Governance for FinancialsFinancial Close Management23

Accounting and financial closeFinancialAccountingGeneral g d AnalysisEntity tesManagementFinancialCloseGovernance 2014 SAP SE or an SAP affiliate company. All rights reserved.Internal ControlsMaster Data Governance for Financials24

Accounting and Financial CloseAccountingGeneral g d AnalysisAccountReconciliationConsolidationEntity CloseManagementFinancialCloseGovernance 2014 SAP SE or an SAP affiliate company. All rights s ControlsMaster Data Governance for FinancialsFinancial Close Management25

SAP financial close management solutionsEntity close: Traditional intercompany reconciliation processCorporate headquarters responsible for reporting unit discrepanciesDone at the end of the close – Matching reportsInefficient vertical flow of informationTime-consuming manual escalation proceduresCorporate bottleneck: Lack of direct contact between reporting unitsTraditionalIntercompanyreconciliationClose BookD-5D 0ConsolidationD 5D 10Reportingunit AHQReportingunit B 2014 SAP SE or an SAP affiliate company. All rights reserved.26

SAP financial close management solutionsEntity close: Peer-to-peer intercompany reconciliation processUnits deal directly with one another in a peer-to-peer fashion (central database)Enter intercompany balancesIntercompany process removed from the close’s critical pathFrees central finance staff from time spent on non-value-added tasksIndependent of the consolidations portingunit AD 0Uses for Saved TimeD 5D 10No valueCost reductionHQAgree / DisagreeSAPIntercompanyAgree / t B 2014 SAP SE or an SAP affiliate company. All rights reserved.Work fewerhours8%10%13%Meetdeadlines7%62%Redeploy staff / resources27

SAP Solutions for Intercompany ReconciliationDuring a financial close, activities between reporting units (companies) must first bereconciled (i.e., matched), then eliminatedPayable 100Must* equalReceivable 100Levels ofIntercompany MatchingAccountBalanceE.g., AccountsReceivables andAccounts PayablesInvoice/TransactionalAccount balancesare sums oftransactions* Differences may occur for may reasons, including timing of recording transactions,exchange rates, or mistakesSAP Reconciliation SolutionsMatching LevelSAP IntercompanyBalance and InvoiceSAP ERP Intercompany ReconciliationInvoiceSAP solutions for ConsolidationBalance 2014 SAP SE or an SAP affiliate company. All rights reserved.28

Intercompany accountingEliminating the biggest bottleneck to the financial closeFaster intercompany reconciliation Web-based real time reconciliation Enables faster close Central rules, FX ratesFull audit trail and reporting Collaborative matching process Sophisticated status tracking Status reporting and email alertsRapid implementation Intuitive user interface Low TCO and high ROI 2014 SAP SE or an SAP affiliate company. All rights reserved.29

Account ReconciliationSAP Endorsed Business Solution: BlackLine Financial Close SuiteBlackLine Account Reconciliation Standalone, on-demand solutionExtraction of source data from all relevant systems, roles-based approachAutomatic matching of extracted data with configurable business rulesDedicated process and workflow management organized around accountsAuto-certification for low risk accounts, templates-based reconciliation, etc.Management dashboards and extensive reportingSAP Financial Closing cockpit Automation ComponentNo dedicated solution for account reconciliation, but leverage if available Planning, execution, monitoring, documentation of reconciliation tasks Combine reconciliation tasks with “normal” closing tasks Manual, semi-automatic or automatic evaluation of resultsSAP ERPSAP ERPOther ERPOther Data Reconciliation functionality, accrual engine, Bank communication management, . 2014 SAP SE or an SAP affiliate company. All rights reserved.30

Accounting and Financial CloseAccountingGeneral g d AnalysisAccountReconciliationConsolidationEntity CloseManagementFinancialCloseGovernance 2014 SAP SE or an SAP affiliate company. All rights s ControlsMaster Data Governance for FinancialsFinancial Close Management32

Planning, Execution, and Monitoring of theEntity Financial CloseGovernance and compliance Define a centralized game plan for the entity close Leverage it for multiple org units and closing cycles Full audit trail, logging of results, documentationClosing efficiency Automated closing tasks, even in remote systems Powerful, user-friendly application for manual tasks Collaboration and workflows for approvalsTransparency and insight Real-time insight into the closing status Monitoring by subsidiaries and headquarter Identify and analyze process improvements 2014 SAP SE or an SAP affiliate company. All rights reserved.33

Analyzing and Continually Improving the Entity CloseCorporate AccountingDefine GlobalPlan forClose*Local AccountantPrepareEntity CloseOptimizeGLAsset tCost sExecuteEntity Close TasksGain insight 2014 SAP SE or an SAP affiliate company. All rights reserved.Local / CorporateMonitorandAnalyzeLocal AccountantSubmit toCorporateCloseThe status and progress of theentity close can be reported viaSAP NetWeaver BW queries thatprovide real-time informationThese reports provide insightacross subsidiaries, years,periods, and multiple tasks listsThis enables managers, at headquarter, shared servicecenters, or subsidiaries tomonitor the closing process ontheir levels of responsibilities41

Dashboard for Entity Close ManagementUsing a dashboard to monitor the legal entity close by region The deliveredSAP BWqueries can beleveraged incustomspecificdashboardsbuilt withSAP BusinessObjectsBusinessIntelligence. 2014 SAP SE or an SAP affiliate company. All rights reserved.42

The Dow Chemical CompanyA Faster, Less Costly Financial Close Process750 1000Subsidiaries world-widewith almost 50,000employeesFinancial closejobs each monthTangible benefitsIncreased efficiency, improved visibility, andreduced costsThe SAP Financial Closing cockpit along with SAP Central Process Scheduling fromRedwood allow us to build the global close schedule with one template and implementthat globally throughout Dow. We really wanted to go to one place to see where wewere in our close schedules. The ease and the flexibility of the financial closing cockpitis actually fantastic.Sandra Hartman-Holbrook, Finance Manager, The Dow Chemical Company 2014 SAP SE or an SAP affiliate company. All rights reserved.44

Accounting and Financial CloseAccountingGeneral g d AnalysisAccountReconciliationConsolidationEntity CloseManagementFinancialCloseGovernance 2014 SAP SE or an SAP affiliate company. All rights s ControlsMaster Data Governance for FinancialsFinancial Close Management45

SAP Business Planning and ConsolidationStreamlined planning and a faster, compliant closeFamiliar and easy to use Increased user adoption Reduced reliance on IT Designed for business usersProcess-centric Configurable business process flows Drives process consistency User owned and managedUnified Single, integrated solution Low maintenance, improved integrity Simplifies deploymentAvailable in versions for the Microsoft platform and SAP NetWeaver 2014 SAP SE or an SAP affiliate company. All rights reserved.46

SAP Business Planning and Consolidationsupports a complete consolidation business processBW 2014 SAP SE or an SAP affiliate company. All rights reserved.Flat filesExcel47

Business process flowsMonitoring and orchestration of close tasksStep-by-step guidance as well asmonitoring, available centrallyThe BPF (Business Process Flow) Desktop providesa personalized overview on the Consolidation tasksto be performed and the status of each process stepProcess monitoring capabilities provide visibility intothe progress of all activities throughout theorganizationIn summary, the BPF Desktop provides: One central point for everyone within the organization toaccess information or begin a specific process Easy, intuitive, and controlled navigation through theconsolidation process stepsData Inputand loadControlsGroupStructure 2014 SAP SE or an SAP affiliate company. All rights FinancialStatements48

Data LoadingLeading Practices: Integration and automation (eliminate manual activities)First step in a consolidation is datacollectionData can be loaded from: Centralized or de-centralized systems SAP ERP, SAP NetWeaver BW, or non-SAPsystemsMultiple alternatives for loading of data,including automated extraction,transformation, and loading Utilize native BW/BPC/FC capabilities to supportautomated data collection Utilize SAP FIM to support automated datacollection Manual update via file upload or direct data entryData Inputand loadControlsGroupStructure 2014 SAP SE or an SAP affiliate company. All rights FinancialStatements49

SAP Financial Information ManagementPowerful connectivity, mapping, and loading designed for the business userEasy and repeatable Easy to use, speedy, and simple to deploy Simplified data integration Reliable, repeatable, consistent solutionQuality, confidence, and compliance Improve insight with lower compliancecosts Drill-to-origin/drill-to-source in SAP ERP Trusted data collection, map, and loadSuperior connectivity Integration with SAP and non-SAP data EPM-to-EPM integration Reduce cycle times, facilitate compliance 2014 SAP SE or an SAP affiliate company. All rights reserved.50

ControlsEnsuring quality and accuracy of data via automated checking andexception-based reportingControls ensure the quality of data andcontrol monitoring provide the ability totrack control statusFlexible and powerful set of parameters improvedata accuracy Controls can be blocking or non-blocking “Thresholds” allow for setting of tolerance levels Controls can be defined as cross-category controls(e.g., plan vs. actuals) or refer to a given time periodControl monitoring provides complete visibilityinto the control status of entities for which you areresponsibleControls can contain links to documents, whichcan help users solve failed controlsEliminates manual analysis focusing specificallyon exceptionsData Inputand loadControlsGroupStructure 2014 SAP SE or an SAP affiliate company. All rights FinancialStatements51

Group StructuresStatutory and management reporting based on single source of truth,single global system supporting both local and group consolidationAbility to create multiple hierarchicalconsolidation views in theOwnership ManagerThe Ownership Manager provides forthe ability to create time-dependententity hierarchiesSupports staged consolidationSupport for multiple-GAAPconsolidationSupport for multiple currencyconsolidationSupport for multiple alternativeconsolidations (legal vs. management)Data Inputand loadControlsGroupStructure 2014 SAP SE or an SAP affiliate company. All rights FinancialStatements52

Currency TranslationFlexible, automated currency translationExchange rates can be enteredmanually or uploadedMultiple currency translation methods(average rate, closing rate, historicalrate, )Automatic currency translationadjustment (CTA) calculations Dedicated Equity/Reserves accountsData Inputand loadControlsGroupStructure 2014 SAP SE or an SAP affiliate company. All rights reserved.CurrencyTranslationConsolidationProcesses FinancialStatements53

Consolidation ProcessesAutomated calculation and posting of Consolidation Entries / AdjustmentsElimination of IntercompanyTransactionsElimination of InvestmentsElimination of DividendsElimination of Internal ProvisionsElimination of GoodwillEquity: Group/Minority splitConsolidation Methods Holding companyProportionalGlobal (Acquisition Method)Disposition – Beginning of yearDisposition – End of yearEquityAdditional support for non-consolidatedParent Company reporting withinvestments at equityCurrency Translation Adjustment(CTA) ReservesConsolidated ResultData Inputand loadControlsGroupStructure 2014 SAP SE or an SAP affiliate company. All rights FinancialStatements54

AuditComplete and verifiable audit trailUsing the Audit Trail dimension,Activity, and Data AuditA dedicated dimension called “Audit ID”tracks the different types of data (dataentry, manual adjustments, automaticeliminations)Data and Activity audit allow tracking allchanges that occur in each modelData Inputand loadControlsGroupStructure 2014 SAP SE or an SAP affiliate company. All rights FinancialStatements55

Consolidation MonitorCentral monitoring and approval of consolidation processes;support for iterative consolidationsConsolidation monitoring to track thestatus of consolidation processesTrack information for a given group,sub-group, or entity (Control status,Work status, Currency conversion,Consolidation status)Select consolidation tasks directly fromthe Consolidation Monitor (run currencytranslation or consolidation)Improve consolidation performance andsave time with incremental consolidationand parallel processingData Inputand loadControlsGroupStructure 2014 SAP SE or an SAP affiliate company. All rights FinancialStatements56

ReportingEnd-user managed, real-time consolidatedContribution and Consolidation reportsP&L, Balance Sheet, Cash Flow, Equity, FixedAssets, Long-Term LiabilitiesActivity reportsBalance Sheet, Equity, Fixed Assets, LongTerm LiabilitiesOther reportsTrends, variances, what-if (scenarioanalysis)Analysis Reports By Level (Local to Contribution)By EntityBy Flow (opening to ending balance)By Scope (Entity hierarchy)Data Inputand loadControlsGroupStructure 2014 SAP SE or an SAP affiliate company. All rights FinancialStatements57

Czech AeroholdingImproving Financial Transparency withSAP Business Planning and Consolidation66%50%Faster preparation ofFewer data errorsconsolidation reports (6 to 2weeks)50%Reduction in headcountrequired for consolidation activitiesOur new SAP software has helped us accelerate financial consolidation andprovided regular and timely visibility into holding performance. It has alsoreduced the risk of inconsistencies in tailored reporting to outsidestakeholders.Petr Dobersky, Financial Director, Czech Aeroholding 2014 SAP SE or an SAP affiliate company. All rights reserved.58

SAP Financial ConsolidationEliminate bottlenecks for a faster closeSpeed Unrivalled single and parallel processing Simultaneous legal and management views High performance audit trailPower and agility More dimensions and extensible data model Financial intelligence for flexible reporting Self-service, user-oriented analysisCompliance, trust, reliability Powerful connectivity, mapping, and loading Intelligent controls and validations Faster legal compliance 2014 SAP SE or an SAP affiliate company. All rights reserved.59

Titan Cement CompanySetting a new standard for financial excellence90%95%Reduced manual closeprocessesLess weekend personnelhours needed to closebooks50%Reduction inannual overtimecostsUsing the financial consolidation software and services of the experienced consultantsprovided by SAP, Titan was able to increase financial excellence while reducing costs.Thanasis Danas, Senior Manager, Group Financial Consolidation and Accounting, Titan Cement Company S.A. 2014 SAP SE or an SAP affiliate company. All rights reserved.60

SAP FINANCIAL CONSOLIDATION 10 on HANAMajor Benefits on ReportingREAL TIME and BIG DATA Navigation:Between 1 and 3 seconds to navigate intoreport dealing with 1 billion rows of FCconsolidated data (30 simulations in 2 years)Reinvent your Reporting Strategy and Give real time consolidated figuresaccess to a larger number of business users 2014 SAP SE or an SAP affiliate company. All rights reserved.61

Accounting and Financial CloseAccountingGeneral g d AnalysisAccountReconciliationConsolidationEntity CloseManagementFinancialCloseGovernance 2014 SAP SE or an SAP affiliate company. All rights s ControlsMaster Data Governance for FinancialsFinancial Close Management62

Overreacting marketsUncontrolled financial communication gets punished! 2014 SAP SE or an SAP affiliate company. All rights reserved.63

The Challenge of Regulatory DisclosuresLack of automation, visibility and controlDifficultworkflow andcollaborationLack of audit trailof approvalsMany datasourcesManual dataconsolidation HTML NumerousdocumentversionsHoldingSGE 1SGE 2SGE 3Little opportunity forlast minute changesSGE 4ZH 1ZH 2EG 3EG 5EG 1EG 4EG 6EG 2 2014 SAP SE or an SAP affiliate company. All rights reserved.64

SAP Disclosure ManagementLeading practice: Addressing the “Last Mile of Finance” within anappropriately controlled and auditable workflow-based environmentSAP BusinessObjectsDisclosure ManagementInputEntity Close Data(e.g., General Ledger)WorkflowDataRepositoryExternal Files(e.g., Spreadsheets)Business Intelligence(e.g., Data Warehouse)CorporateClose utputProcessorWordProcessorHoldingSGE 1SGE 2SGE 3SGE 4 HTML ZH 1ZH 2EG 3EG 5EG 4EG 6EG 1EG 2This presentation and SAP‘s strategy and possible future developments are subject to change and may be changed by SAP at any time for any reason without notice. This document isprovidedAllwithouta warrantyof any kind, either express or implied, including but not limited to, the implied warranties of merchantability, fitness for a particular purpose, or non-infringement 2014 SAP SE or an SAP affiliate company.rightsreserved.65

SAP Disclosure ManagementAddressing the last mile of financeSpeed and flexibility Accelerate the generation of disclosure statements Integrate data for a single view of the organization Optimize the close from source to digital disclosureCollaboration Assign disclosure responsibility to distributed teams Automate integration and data flow Designed for ownership by finance professionalsCompliance and control In-house production of trusted financial statements Support multiple financial and regulatory statements Enable creation of XBRL-based statements 2014 SAP SE or an SAP affiliate company. All rights reserved.67

MetcashDelivering the Goods in Corporate Governance withSAP Disclosure ManagementHigherFasterLevels of monitoring andcollaboration in financialclose processesProcessing and completionof reportsMoreAccurate information displayed infinal reportsMetcash has a lot of different regulatory reporting needs. SAP DisclosureManagement aligns with other processes to satisf

Oct 08, 2014 · Chief Financial Officer SAP General Ledger SAP ERP Financials – Sub Ledgers SAP Financial Closing cockpit SAP Central Process Scheduling by Redwood SAP Intercompany SAP Financial Information Management SAP Business Planning and Consolidation SAP Financial Consolidation SAP Notes Manageme