SAP Group Reporting
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SAP positions Group Reporting as their new, strategic solution for all customers who want a future-oriented, complete solution for consolidation.
Financial closing can be a stressful task. Organizations often use numerous different tools for their accounting, which results in non-value-added reconciliation processes and leaves substantial room for error. When head office requires financial insights, they are held back by manual adjustments, data silos, and different reporting standards. SAP S/4HANA Finance for group reporting leverages the simplified data model of SAP S/4HANA to offer a high level of transparency and speed group consolidation.
With unified group reporting as part of your SAP S/4HANA software, you can close the books quickly while maintaining high confidence in the accuracy and completeness of the reported results.
Thanks to the single universal journal in SAP S/4HANA Finance, you have a single source of truth for financial and management accounting data. This eliminates the effort of manually transferring data to a central group reporting system and reduces the risk of errors.
Direct access to legal and management accounting from the universal journal
Advanced reporting in Group Chart of accounts.
Customers can perform consolidation and planning activities in a single application and in real-time, having a detailed perspective of the business at any point in the period
Rule-based eliminations, validations, and reports by desired breakdown items are shared for both local and group closing activities.
Notium provides accuracy and consistency across all reporting, modelling, data integration and designing projects. We will make sure you get the most value from Notium's out-of-the-box solutions. We will assist you in every step of the project and will reach our target with success.
There are 3 reasons that you should choose Notium as your implementation partner.
We pay attention to details to understand the business requirements better, to make more connections with the other models and provide future proof designs to fit the purpose.
Yes, there's more than one way to skin a cat, but there is only one way to deliver the simplest solution, and we work hard and push more to find it. This requires a bit of creativity, a bit of risk-taking and pushing the limits.
We work hard, and we come to the table ready. We do not like meetings where we discuss what to do. The meetings are meant for decisions, and those decisions are made with well-prepared options. We will be there to accelerate you.
Our consultants are trained and experienced in handling the most complex business scenarios in functional and technical aspects.
Based on my experience, I highly recommend Notium for companies that need support to meet the changing needs of the business.
We have been using Notium's services for years now and I would not hesitate to recommend them to others.
It was a pleasure to collaborate with Notium. Their consultants were extremely professional and took care of everything.
Notium provided excellent support, being responsive, professional and knowledgeable.
We felt Notium like part of our team. They pushed the limits of consulting and changed our expectations of the outsource team.
I appreciate Notium's guidance, expertise, and collaborative, friendly approach.
Thank you for your question! We are happy to help. To get started, please provide us with some information about your requirements; you can contact us through our contact form (link) or by setting up a quick meeting(link) with one of our customer engagement consultants, or give us a call directly. From there, we can get to know your requirements better and develop a comprehensive road plan that will help us during our journey. We look forward to hearing from you soon!
Preparation is required for every project in many aspects, and it depends on the type and length of the project itself. Our experts will contact you for the preparation steps and necessary actions beforehand. Meanwhile, you only focus on the goals and success criteria of the project.
It is pretty challenging to define a successful project. Assessment can be done in many aspects. From Notium's point of view, successful projects are those that meet business requirements and are delivered and maintained on schedule. Meanwhile, they are delivered and kept within budget and delivered in the expected business value and return on investment.
No, it is not required. The power users will be able to handle most of the maintenance works and other routine data loads and minor modifications. For any other solution improvements or error handling, our support centre will always be in contact with you.
Yes, we split our teams for targeted training. The core project team gets trained throughout the project, but we take severe training our core team as they are critical people for us. We start training before starting the project and train them to be able to think together. Further training and show and tell sessions will be set to utilise the application and delivery through the end of the project.
Project managers often report progress on a project by issuing updates or status reports. Updates can be sent periodically (e.g. every week, fortnight, or month) or as needed when significant changes occur. In a status report, you can get an overview of the project's current state and learn about essential milestones or tasks that have been completed. We believe that in order to ensure that all project contributors are kept up-to-date, project managers should use a clear and concise reporting style that is easy to read and understand. Additionally, project managers should use practical communication tools to keep everyone in the loop, such as email, chat, or other project communication environments.
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