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SAP Financial Closing Cockpit

Product
Developers: SAP SE
Last Release Date: 2014/12/15
Technology: Accounting systems

SAP Financial Closing Cockpit is technology for reduction of terms of closing of reporting periods.

Main properties of a product:

  • a system increases the speed even of the most difficult cycles of closing with observance of regulatory requirements and accounting standards. For increase in efficiency of users the centralized monitoring and control and growth of automation is used.

  • effective cooperation of users to which tasks, by means of the intuitive interface of a control panel are charged by financial closure.

  • support of problems of all types:
    • the steps executed manually,
    • transactions,
    • programs,
    • tasks,
    • work flows
    • remote tasks

  • automation of a cycle of closing using the accomplishment managed by events and a full integration with finance applications of SAP

  • the intuitive, managed templates of the environment for standardization of best practices of closing

  • fast deployment using simple and powerful instruments of configuring and management

  • support of audit by means of registration of results and stories of all carried-out tasks and also the persons which executed them

Representation of Financial Closing Cockpit From SAP, 2013