Modern applications of SAP consolidation solutions
SAP’s solutions for consolidation have long been used for more than just this core process.
Even in the classic SEM-BCS or BPC solutions, and increasingly today in Group Reporting or BCS/4HANA, the solutions can be seen in the context of a Group Reporting platform.
This means that other topics within the Group are also included here.
Such topics include
ESG reporting
Extensive Notes entries
Here, SAP offers solutions from its portfolio such as the GRDC (Data Collection App).
In addition to these issues, corporate groups frequently undergo restructuring involving the acquisition of entire subgroups or, conversely, thecarve-out of entire subgroups. And often also the change of accounting standards, e.g. HGB to IFRS(IFRS conversion).
If you would like to know how these topics can be implemented with SAP consolidation solutions, please use the contact form and we will get back to you.