The Simple Finance add-on solution on SAP HANA provides fundamental innovations in finance and data management, enabling many companies a highly advanced ERP usage and evaluation. In accounting, the biggest innovation is the pooling of financial accounting and controlling in a "ledger", based on a multidimensional data model. The monthly report will be simplified and accelerated by eliminating the complex coordination between financial accounting and controlling. Simulations of monthly financial statements are possible in an arbitrarily defined time frame.
The high-performance SAP HANA platform also provides the advantage that significantly larger amounts of data can be processed and the source systems are integrated within the financial accounting and controlling at the document level respectively the sub-ledgers are resolved. This decreases the architecture complexity of financial applications and simplifies the underlying processes.
