Roadmapupdatesapfinancialclosingcockpitv10external 170814131943

SAP Financial Closing cockpit in SAP S/4HANA
Status and Roadmap

Christoph Ernst, SAP
July, 2017
PUBLIC
Disclaimer
The information in this presentation is confidential and proprietary to SAP and may not be disclosed without the permission of SAP.
Except for your obligation to protect confidential information, this presentation is not subject to your license agreement or any other service
or subscription agreement with SAP. SAP has no obligation to pursue any course of business outlined in this presentation or any related
document, or to develop or release any functionality mentioned therein.
This presentation, or any related document and SAP's strategy and possible future developments, products and or platforms directions and
functionality are all subject to change and may be changed by SAP at any time for any reason without notice. The information in this
presentation is not a commitment, promise or legal obligation to deliver any material, code or functionality. This presentation is provided
without a warranty of any kind, either express or implied, including but not limited to, the implied warranties of merchantability, fitness for a
particular purpose, or non-infringement. This presentation is for informational purposes and may not be incorporated into a contract. SAP
assumes no responsibility for errors or omissions in this presentation, except if such damages were caused by SAPs intentional or gross
negligence.
All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from
expectations. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates,
and they should not be relied upon in making purchasing decisions.
2017 SAP SE or an SAP affiliate company. All rights reserved. PUBLIC 2

Agenda
SAP Financial Closing Overview

cockpit (SAP FCc) Status
SAP S/4HANA Financial Roadmap

SAP S/4HANA 1709
Closing cockpit Outlook into the Cloud
Central Close
SAP Shared Service Framework and SAP S/4HANA FCc
Use cases SAP Process Control and SAP S/4HANA FCc
Beyond Closing
SAP FCc Analytics with SAP Smart Business
Analytics SAP FCc Analytics with SAP Lumira
SAP BI Content
Availability options
Additional Information Key Capabilities (SAP FCc process)
Closing cockpit

Agenda


SAP S/4HANA 1709
Central Close
Beyond Closing
SAP BI Content
Closing cockpit

SAP Financial Closing cockpit with SAP ECC
Design Value
Central planning, Faster close

execution and monitoring
Stricter Close governance
of all close activities in all
SAP Financial areas Less effort and cost
Closing Templates for process Increased Compliance
cockpit steps of entities
Improved data quality
Documentation of status
Less errors
SAP ECC Higher transparency

SAP Financial Closing cockpit with SAP S/4HANA
SAP Financial SAP Financial

Closing Closing
cockpit cockpit
SAP S/4HANA
SAP ECC
1511, 1610

SAP Financial Closing cockpit with SAP S/4HANA: Detail
Customers who use the SAP Financial Closing

cockpit in ECC can continue to use the SAP
Financial Closing Cockpit in SAP S/4HANA.
Customers can start using SAP Financial Closing
cockpit with SAP S/4HANA 1511 or 1610 as well.
SAP Financial
Closing
SAP Financial Closing cockpit = Transactions cockpit
codes FCLOCOx
However, SAP Financial Closing cockpit remains SAP S/4HANA
part of the compatibility scope matrix (since the 1511, 1610
list should remain stable; note: 2269324)

SAP Financial Closing cockpit: open to various scheduling solutions
Existing SAP Financial Closing cockpit can also

work with other scheduling solutions than Redwood
(note: 2391918)
Business Automation Enabler (BAE) is an interface

between SAP Financial Closing Cockpit and External
Scheduling Tools like SAP Central Process Scheduler SAP Financial
(CPS) for scheduling jobs and job chains and integrating of Closing
business and infrastructure events. cockpit
Before 01.11.2016 the usage of this interface was
restricted to SAP BPA and SAP CPS only.
Starting from 01.11.2016 it was released for all external
schedulers that have passed either the SMSE or the BAE
SAP ECC/SAP S/4HANA
certification procedure.
UC4 Automic, Redwood Cronacle, IBM Tivoli, CA Workload

Automation, Honico Batchman, SAP BPA, SAP CPS

Agenda


SAP S/4HANA 1709
Central Close
Beyond Closing
SAP BI Content
Closing cockpit

Perfect Planning, Automation and Monitoring
SAP S/4HANA Financial Closing cockpit
Benefits Capabilities
Automated closing tasks, even in remote
Faster Entity Close through systems and powerful, user-friendly
improved closing efficiency application for manual tasks
Collaboration, notifications, and workflows
Governance and Compliance
Define a global game plan for the entity
close; leverage it for multiple org units and
closing cycles
Transparency and Insight
Audit trail, logging, documentation
Real-time insight into the closing status

Monitoring by subsidiaries and headquarter
Close Analysis
15-25% Faster Closing cycle while ensuring high quality compliant results
Source: SAP Performance Benchmarking
* This is the current state of planning and may be changed by SAP at any time without notice.
SAP S/4HANA Financial Closing cockpit Roadmap*
Planned innovations: SAP S/4HANA 1709 Mus

Mus
Mus
ter
Mus
ter
ter
ter
Focus: provide SAP S/4HANA on premise customers with SAP FCc

part of SAP S/4HANA Core (no add-on anymore) with comparable functionality as add-on
Fioritized UX (on the basis of existing transactions)
Product vision: Intelligent Financial Closing cockpit on SAP Cloud Platform

Focus: cloud, automation, machine learning and analytics
Cloud: Flexible deployment option, connectivity to on premise and cloud
Automation: Scheduling or processing of closing tasks in due sequence with complete audit trail for status changes, incidents and relevant
result objects; approval workflow for specific tasks
Machine Learning: leverage existing and planned
Apps like GR/IR, Intercompany, Accruals, Matching,
Reconciliation
Analytics: Financial Close KPI Overview
Planned innovation*:
SAP S/4HANA Financial Closing cockpit with SAP S/4HANA 1709
SAP FCc is planned to become a core part of SAP

S/4HANA 1709 (as opposed to being an add-on to
ECC/SAP S/4HANA 1610) with automatic technical
transition for existing SAP FCc customers.
SAP FCc is planned to come with a new and renovated

UX (Fiori) current capabilities remain. SAP S/4HANA
Financial
SAP FCc remains to be a separate license. Existing
licenses will be credited. Closing
cockpit
It comes with a new SAP S/4HANA material number
(outside Compatibility Pack), however keeping the same
metric. SAP S/4HANA
7019413 SAP S/4HANA Financial Closing cockpit 1709
8005543 Cloud (HEC) SAP S/4HANA Financial Closing
cockpit
Reliable path into the future for existing and new

customers of SAP FCc * This is the current state of planning and may be changed by SAP at any time without notice.
Planned innovation*:
SAP S/4HANA Financial Closing cockpit with SAP S/4HANA 1709
Muster
Muster
Muster
Muster
Product Vision*: SAP Intelligent Financial Closing cockpit
Integration with SAP Cloud Platform extension approach
Intelligent
Financial
Closing cockpit
SAP Cloud Platform
SAP ERP SAP S/4HANA SAP S/4HANA

Cloud
Focus: cloud, automation, machine learning and analytics

Cloud: Flexible deployment option, connectivity to on premise and cloud
Automation: Scheduling or processing of closing tasks in due sequence with complete audit trail for status changes, incidents and
relevant result objects; approval workflow for specific tasks
Machine Learning: leverage existing and planned Apps like GR/IR, Intercompany, Accruals, Matching, Reconciliation
Analytics: Financial Close KPI Overview
Agenda


SAP S/4HANA 1709
Central Close
Beyond Closing
SAP BI Content
Closing cockpit

Central Close with SAP Financial Closing cockpit in heterogenous
landscapes
SAP Financial
Closing cockpit
SAP ERP SAP S/4HANA Non-SAP
One technical installation of SAP Financial Closing cockpit (on SAP ERP, SAP S/4HANA, or SAP
BW), connected with the entity systems, can be set up to centrally manage the respective closing
tasks in various source-systems.
SAP Financial Closing cockpit can also be technically installed on a SAP Central Finance instance.
However, it is not required to replicate the entity data into the Central Finance instance the SAP
Financial Closing cockpit can perfectly work remotely, no need for data replication.
To allow for scheduling and monitoring tasks in Non-SAP environment, SAP Business Process
Automation by Redwood is necessary; in an SAP environment it is not.
SAP Shared Service Framework
Introducing a new world of Digital Finance

enables Shared Service Organizations
to increase the efficiency of their
operations
Provides a central working environment for

the entire shared service organization
Integrates deeply along all financial End-to-
End processes
Streamlines and automates processes
Hides the complexity of typical shared
service organization landscapes to the end-
users
SAPs Service Management Platform
Providing state-of-the-art Service Management Capabilities
Supporting a broad set of communication Service center

channels management
Sophisticated Case Management

Communication
functionalities Governance and management
compliance
SAP
Complete transparency on Service Level
Shared Service
Agreements
Framework
Clear responsibilities for efficient service
execution and delivery
Analytics Service delivery
Increased transparency with embedded

Service Analytics
Service routing

Planning the Implementation of SAP Enablers
Simplifying the Patterns of Shared Service Delivery
Request Feedback
A. Communication Service
execution
Service
execution
B. Exception Handling
Business Process
C. End-2-End Service
Process Management Execution

Deeply integrated out-of-the-box into SAPs Finance Solution Portfolio
Integrated out-of-the-box with SAP end-to- Closing

end automation engines Process
For example:
Optimized Accounts Receivable Process with
Integrated collection and dispute worklists with SSF
and the SAP Receivables Management solutions
SAP Shared
Simplified communication and automated execution of Accounts Accounts
Receivable Service Payables
the Closing Process with SSF and SAP Financial
Closing Cockpit Framework
Enhanced issue resolution capabilities in Accounts

Payable with SSF and SAP Invoice Management by
Open Text
And many
..and many more more

SAP Process Control
Ensure effective controls and on-going compliance
Support decisions and promote Document controls and policies

accountability with insightful centrally; map to key regulations
analytics and sign-off and impacted organizations
Perform automated, Perform periodic risk

exception-based assessments to determine
monitoring of ERP systems scope and test strategies
Evaluate control design and effectiveness;

raise and remediate issues

SAP Process Control and SAP Financial Closing* cockpit
It may be usefull to include

results of internal control
monitoring with SAP Process SAP S/4HANA
Control into status overview SAP Financial
in SAP FCc (on project basis) Process Closing
Documentation and archiving Control cockpit
of results can be performed
in SAP FCc as well.
SAP S/4HANA
1709
* Use cases described are valid with SAP FCc 2.0 as well.
SAP S/4HANA Financial Closing cockpit*: Beyond Closing
SAP FCc is not only about Closing:

Whenever system related tasks have to be carried out, steps
or results have to be docmented and/or collaborative work
needs to be supported, SAP FCc capabilities are ready to
support.
Customers use SAP FCc for example to plan, monitor and SAP S/4HANA
execute daily routines like payment and dunning runs. Financial
Often general, regular reporting tasks are incorporated Closing
into the task lists to be controlled by SAP FCc. cockpit
Sometimes SAP FCc is leveraged to collect and
document certain control activities as well. SAP S/4HANA
1709
SAP FCc is designed to support Closing however it
can also leverage far more tasks in the Finance
Department (and is not even limited to it).
* Use cases described are valid with SAP FCc 2.0 as well.
Agenda


SAP S/4HANA 1709
Central Close
Beyond Closing
SAP BI Content
Closing cockpit

SAP Smart Business for Financial Close


SAP Smart Business for Financial Close 1.0

offers monitoring and analytics apps on top of
SAP FCc. http://help.sap.com/ssb
Included in the standard license
Available with SAP ECC (requires SAP HANA) SAP Financial
and SAP S/4HANA Finance (aka Simple Closing
Finance add-on) 1503 and 1605. cockpit
Is an optional component to SAP FCc; not
intended to fully replace BW Content, no further
investments from SAP side. SAP S/4HANA

SAP Lumira for Financial Close

SAP Lumira for Financial Close

SAP BI content 7.07
https://help.sap.com/viewer/8283ab99b2f540c18afbe5cbb34501e3/7.07.20/en-US/b4912e8714ed4fb79d16ac876457d375.html
Agenda


SAP S/4HANA 1709
Central Close
Beyond Closing
SAP BI Content
Closing cockpit

Deployment options
SAP ECC SAP S/4HANA SAP S/4HANA SAP S/4HANA

Finance (add-on) Finance 1511, 1610 Finance 1709*
1503, 1605
Fiori UX
x
(WebDynpro)
SAP GUI x x x x
SAP S/4HANA
Financial Closing x
cockpit
SAP Smart
x x
Business
SAP BW Content x x x** x**
SAP Financial
x x x
Closing cockpit 2.0
2017 SAP SE or an SAP affiliate company. All rights reserved. PUBLIC
** with restrictions 35
SAP Financial Closing Cockpit
Plan
Entity Close
Analyze Execute
Management
Monitor

SAP S/4HANA Financial Closing cockpit

Plan
Entity Close
Management

Defining the Game Plan for the Entity Close (1)
Corporate Accounting Local Accountant GL Assets Costs Local / Corporate Local Accountant
Define Global Submit to

Prepare Entity Execute Monitor
Corporate
Plan for Entity
Close * Close Entity Close Tasks and Analyze
Close
The template contains:

all default tasks related to
Tasks are organized in hierarchies, e.g.
by organizational units, responsibilities,
and/or closing phases.
All tasks in the template are classified
by closing type to support easy reuse

Defining the Game Plan for the Entity Close (2)

Corporate
Plan for Entity
Close
There are multiple types of tasks

- Notes (pure manual steps)
- Transactions
- Programs with or w/o variant
- Workflows -
Jobs
- Remote tasks
- Tasks in other systems
- Automation in the same system

Improved Task Maintenance for Organizational Units
Three functions are available to maintain tasks in

the Organizational hierarchy:
- Copy task to all Organizational units
- Replace in all Organizational units
- Delete in all Organizational units

Support of different time zones

Plan
Entity Close
Execute
Management

Preparing a Concrete Entity Close Cycle

Corporate
Plan for Entity
Close
The task list contains all tasks related

to a concrete close cycle and the
absolute schedule for the tasks.
The task list is generated from the
template and adjusted according to
the concrete closing cycle of the
subsidiary.
Generation of task lists can even be
organized under corporate
responsibility to ensure a harmonized
closing process across subsidiaries.
Executing and Documenting the Entity Close (1)

Corporate
Plan for Entity
Close
The task list can be accessed and

processed by all stakeholders, either
using SAP GUI or via a Web
application.
Tasks can be executed online or

scheduled for batch processing.
Task dependencies are taken into

account, e.g. a task will not be started
prior to its predecessors being finished.

Executing and Documenting the Entity Close (2)
Submit to
Define Global Prepare Entity Execute Monitor
Corporate
Plan for Close
* Close Entity Close Tasks and Analyze
Close
The system provides detailed status

information on each task.
It provides links to all system-created

documentation (job logs, spool lists,
application logs).
Users can add additional external

documentation to tasks.

Task-Schedule/Execution from Tasklist Web UI

Plan
Entity Close
Execute
Management
Monitor

Monitoring the Entity Close
Submit to
Corporate
Plan for Close
Close
The status and progress of the entity

close can be displayed as SAP
NetWeaver BW queries that provide
real-time access to the close figures
or in the SAP Fiori Overview page
(planned).
This enables corporate managers as
well as managers of the subsidiaries
to monitor the status of the closing
process on their levels of
responsibilities.
BI Reporting Closing Status Overview
Provides an overview of the closing status of each task list

BI Reporting Closing Schedule Overview
Provides an overview of each tasks schedule

SAP S/4HANA Financial Closing Cockpit
Plan
Entity Close
Analyze Execute
Management
Monitor

Analyzing and Continually Improving the Entity Close
Submit to
Corporate
Plan for Close
Close
Optimize Gain insight

The actual duration of the tasks
in a single close can be
compared with the planned
duration using an SAP
NetWeaver BW query or SAP
Fiori (Planned).
This enables the user to

improve the template based on
clear insights for the next
2017 SAP SE or an SAP affiliate company. All rights reserved. PUBLIC
closing cycle.
53
BI Reporting Closing Schedule Analysis
Analyses the tasks completion status

BI Reporting Closing Schedule Analysis (Cross Period)
Provides an overview of the cross period schedule analysis of each task

Closing Cockpit with SAP S/4HANA
Design Value
Templates / task lists for Close governance

standardized closing
Efficiency
UI for close management
Insight
Automation via jobs, WF
Closing
Monitoring of status and
Cockpit execution in SAP GUI
SAP ECC

SAP Financial Closing cockpit versus the closing cockpit functionality (CC)
included in the SAP ERP license
Stronger Increased
Better Insight
Governance Efficiency
Attachments per task in Easy template definition Smart Business Cockpit*
Additonal Capabilities of
Financial Closing cockpit
templates and task lists Filtering, mass changes Web user interface
Extended authorization Factory calendars Improved user experience
(e.g. on task, org unit) (e.g. ready to execute)
Flexible notifications
Multiple processors per Profiles for pre-selection
task, HR org support Event-driven execution
within a task list
Central storage of logs Remote task execution
GANTT chart
Comprehensive audit trail Integration to SAP CPS
Time zone support
Internal controls Jobs of other schedulers
Real-time BW queries for
Extended dependencies Access to WF monitor monitoring / analysis
Extended transports Extensibility (e.g. variables) Insight across multiple
entities / close cycles
CC in
ERP
Templates / task lists for UI for close management Monitoring of status and
standardized closing Automation via jobs, WF execution in SAP GUI
* requires SAP HANA

Closing Cockpit with SAP S/4HANA
Closing Closing
Cockpit Cockpit
SAP ECC SAP S/4HANA

Closing Cockpit with SAP S/4HANA: Detail
Customers who use the Closing Cockpit in

ECC can continue to use the Closing Cockpit
in SAP S/4HANA.
NOTE: 2332547 - S4TWL - Closing Cockpit with S/4HANA OP
The functionality of the standard Closing cockpit (without license) is

available, but defined as "not the target architecture" in SAP
S/4HANA 1511, 1610 or subsequent releases. See SAP note Closing
2269324 Compatibility Scope Matrix for SAP S/4HANA, on- Cockpit
premise edition. Thus transaction codes CLOCO, CLOCOC and
CLOCOS are supported but are part of compatibility scope in
S/4HANA OP. The Business Functions FIN_ACC_LOCAL_CLOSE,
FIN_ACC_LOCAL_CLOSE_2, FIN_ACC_LOCAL_CLOSE_3
(requiring a license for SAP Financial Closing cockpit) are flagged SAP S/4HANA
as obsolete in S/4HANA OP.
If any of the Business Functions listed above are active, consider to
use the Add-On Financials Closing Cockpit 2.0 instead.
https://launchpad.support.sap.com/#/notes/2332547

Agenda


SAP S/4HANA 1709
Central Close
Beyond Closing
SAP BI Content
Closing cockpit

What do you think?
Contact:
Dr. Christoph Ernst
Senior Director
Finance Solutions
SAP SE
+49 160 9081 9609

Christoph.Ernst@sap.com
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set forth in the express warranty statements accompanying such products and services, if any. Nothing herein should be construed as constituting an additional warranty.
In particular, SAP SE or its affiliated companies have no obligation to pursue any course of business outlined in this document or any related presentation, or to develop or release
any functionality mentioned therein. This document, or any related presentation, and SAP SEs or its affiliated companies strategy and possible future developments, products,
and/or platform directions and functionality are all subject to change and may be changed by SAP SE or its affiliated companies at any time for any reason without notice. The
information in this document is not a commitment, promise, or legal obligation to deliver any material, code, or functionality. All forward-looking statements are subject to various
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and they should not be relied upon in making purchasing decisions.
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SAP Financial Closing cockpit in SAP S/4HANA

Status and Roadmap

2017 SAP SE or an SAP affiliate company. All rights reserved. PUBLIC 2

SAP Financial Closing Overview

SAP S/4HANA Financial Roadmap

2017 SAP SE or an SAP affiliate company. All rights reserved. PUBLIC 3

SAP Financial Closing Overview

SAP S/4HANA Financial Roadmap

2017 SAP SE or an SAP affiliate company. All rights reserved. PUBLIC 4

Central planning, Faster close

2017 SAP SE or an SAP affiliate company. All rights reserved. PUBLIC 5

SAP Financial SAP Financial

2017 SAP SE or an SAP affiliate company. All rights reserved. PUBLIC 6

Customers who use the SAP Financial Closing

2017 SAP SE or an SAP affiliate company. All rights reserved. PUBLIC 7

Existing SAP Financial Closing cockpit can also

Business Automation Enabler (BAE) is an interface

UC4 Automic, Redwood Cronacle, IBM Tivoli, CA Workload

2017 SAP SE or an SAP affiliate company. All rights reserved. PUBLIC 8

SAP Financial Closing Overview

SAP S/4HANA Financial Roadmap

2017 SAP SE or an SAP affiliate company. All rights reserved. PUBLIC 9

Real-time insight into the closing status

Planned innovations: SAP S/4HANA 1709 Mus

Focus: provide SAP S/4HANA on premise customers with SAP FCc

Product vision: Intelligent Financial Closing cockpit on SAP Cloud Platform

SAP FCc is planned to become a core part of SAP

SAP FCc is planned to come with a new and renovated

Reliable path into the future for existing and new

SAP Cloud Platform

SAP ERP SAP S/4HANA SAP S/4HANA

Focus: cloud, automation, machine learning and analytics

SAP Financial Closing Overview

SAP S/4HANA Financial Roadmap

2017 SAP SE or an SAP affiliate company. All rights reserved. PUBLIC 18

SAP ERP SAP S/4HANA Non-SAP

SAP Shared Service Framework

Provides a central working environment for

Supporting a broad set of communication Service center

Sophisticated Case Management

Increased transparency with embedded

2017 SAP SE or an SAP affiliate company. All rights reserved. PUBLIC 21

2017 SAP SE or an SAP affiliate company. All rights reserved. PUBLIC 22

Integrated out-of-the-box with SAP end-to- Closing

Enhanced issue resolution capabilities in Accounts

2017 SAP SE or an SAP affiliate company. All rights reserved. PUBLIC 23

Support decisions and promote Document controls and policies

Perform automated, Perform periodic risk

Evaluate control design and effectiveness;

2017 SAP SE or an SAP affiliate company. All rights reserved. PUBLIC 24

It may be usefull to include

SAP FCc is not only about Closing:

SAP Financial Closing Overview

SAP S/4HANA Financial Roadmap

2017 SAP SE or an SAP affiliate company. All rights reserved. PUBLIC 27

2017 SAP SE or an SAP affiliate company. All rights reserved. PUBLIC 28

2017 SAP SE or an SAP affiliate company. All rights reserved. PUBLIC 29

SAP Smart Business for Financial Close 1.0

2017 SAP SE or an SAP affiliate company. All rights reserved. PUBLIC 30

2017 SAP SE or an SAP affiliate company. All rights reserved. PUBLIC 31

2017 SAP SE or an SAP affiliate company. All rights reserved. PUBLIC 32

SAP Financial Closing Overview

SAP S/4HANA Financial Roadmap