EY ifb Packaged Solution for S/4HANA Finance

What EY can do for you

Companies in the financial services industry must soon move to SAP S/4HANA Finance. This shift will enable organizations to digitize, streamline and improve their current finance function and processes. However, replacing an existing enterprise resource planning (ERP) system, which is usually the backbone of an organization, is challenging as it is often configured to the individual needs of the company. Custom-developed functions are common, and organizations are understandably anxious about replacing these proven processes via transformation. However, in the long run, avoiding change and improvement could prove costly. Our offering aims to implement an accelerated, reliable and hassle-free migration to S/4HANA with fast and tangible results.

We implement selected and preconfigured use cases to kick start and accelerate the transformation process. These assets include preconfigured modules of S/4HANA finance, documentation, test cases and test data accelerators. They also comprise test and go-live support, supported by one month of hypercare by our experienced professionals.

The modular structure of our Packaged Solution for S/4HANA Finance offers the benefit of extensions that further simplify and enhance your accounting and closing process. They offer optional services and solutions such as:

• GL enhancements (average daily balances, multi-currency accounting, error correction and suspense accounting)
• Transformation compliance
• Digitization of closing process framework
• S/4HANA group reporting
• SAP financial posting gateway connection
• Embedded analytics (Fiori)
• Data management