It connects business and it to help the company close

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It connects business and IT to help the company close the gap between digital transformation strategy and execution. It commence from designing and value discovery to accelerated innovation to productive usage for tangible results. Therefore the company can evolve its business by breaking new ground with a trusted adviser that knows SAP software best, ( BATRAN, A., ERBEN, A., SCHULZ, R., & SPERL, F. 2017). 3.0 Accounting and Financial closure SAPS/4HANA enhances the faster accounting books closure, improves compliance and control as well as reduces closing workloads and cost. SAPS/4HANA is the first core for digital business. This makes internet of things and big data accessible. Gaining real time insights on any data plan, execute, predict and simulate on the fly, at the highest level of granularity. Focus on essential tasks and gain flexibility to change business processes. This manifest it’s self frequently as many organizations today are
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interested in using real-time analytics and algorithms to seize the opportunity that flow from the internet to things while simultaneously minimizing threats, ( ROSENBERG, J. B., & MATEOS, A. 2011). 3.1 provision of decision maker with instant insight With SAPS/4HANA the firm can create a common view of all financial and operational data, provide flexible, easily consumable reporting, and automate processes and instant evaluation of the financial implications of business options with real-time analytics, prediction, and simulation, all with a wonderful user experience. SAP accounting combines financial and management accounting as well as profitability data into one universal journal, abolishes totals, indices and other pre-defined aggregates, and relies on lines items as a single source of truth, ( BARRENECHEA, M. J. 2001) 3.2 integrated into the universal journal architecture As an accountant, on knows that fixed assets accounting for SAPS/4HANA is integrated into the universal journal architecture, hence there is no redundancy of data. Multiple parallel documents for all valuations are posted in real time to ensure correct values from the beginning. This system has some desirable characteristics as follows Execute closing tasks and inter post processes in real time, run real time reporting with complete drilldown by any dimension, use a single, unified data model to simplify processes, increase productivity, and reduce risk, easily execute depreciation runs with simplified processing logic and data structures and more on leverage line item postings for every single asset, allowing for detailed reporting,( BAUER, E., & SIEBERT, J. 2011).
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3.3 increase the assets utility directly impacting the bottom-line . Understanding the overall end to end process view allows the expertise to streamline the processes, which in turn increase the operational reliability of the assets and increase the assets utility directly impacting the bottom-line.SAP manages the plant maintenance/enterprise asset management processes through Equipment master and transactions which are captured against the equipment master like repairs, activation. All the financial processes are driven by the asset master data which then drives the depreciation posting and asset value in general ledger, ( ANDREASEN, M. M., & HEIN, L. 1987).
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