SAP Financial Closing Cockpit

SAP Financial Closing Cockpit

Giriraj Kumar Mohata

April 11, 2023 © 2008 Wipro Ltd - Confidential 1

The Financial Close – Critical to Compliance

Business Benefits from Optimized Closing Cycles Business

• Reduced costs of finance and compliance• Increased investor confidence• More time for making decisions based on reliable

data

Barriers to an Efficient, Accurate & Controlled Closing

Financial Close with SAP – Driver of Savings and Benefits

SAP Financial Closing Cockpit - Providing the

global game plan for the close

SAP Financial Closing Cockpit - Adding value for all sizes of companies and corporates

SAP Financial Closing Cockpit - Scheduling

across systems

Currently in Ramp-Up: BI Reports based on SAP Financial Closing Cockpit – some examples

SAP Financial Closing Cockpit – Template and Task List - 1

SAP Financial Closing Cockpit – Template and Task List - 2

SAP Financial Closing Cockpit – The Schedule & Monitor Concept

SAP Financial Closing Cockpit – Monitoring of the closing status

SAP Financial Closing Cockpit – Continuous improvement of the closing cycle

SAP Financial Closing Cockpit – A Look under the Hood

SAP Financial Closing Cockpit in mixed IT

Environments – enabled by SAP CPS

SAP Financial Closing Cockpit – Summary

SAP Financial Closing Cockpit – Areas of Improvements

Thank You

April 11, 2023 © 2008 Wipro Ltd - Confidential 19