Dear Finance Experts,

We have excellent news for you if you’re looking for a reference book that gives a comprehensive overview of SAP’s strategic closing orchestration solution or a systematic introduction to SAP S/4HANA Cloud for advanced financial closing: We have published a new book titled “Introducing SAP S/4HANA Cloud for Advanced Financial Closing (AFC)” in collaboration with Rheinwerk Publishing and TruQua.

Who is the target audience of the book?

Readers who wish to become acquainted with the business environment, capabilities, advantages, and implementation of AFC should pick up a copy of our new book. This group consists of financial department decision-makers as well as process owners and product managers, with a particular emphasis on Record-to-report and financial closing concerns. AFC consultants, key users, project participants, and end users may also be typical readers.

What does the book cover?

The book’s 92 pages of densely packed information concentrate on giving a general overview of AFC. It doesn’t cover every screen and checkbox in the user interface in detail, but instead covers the fundamentals of the architecture, integration, and release process, as well as the key features and applications of the solution. It also includes suggestions for starting an implementation project and using AFC effectively. The book also includes advice on how to stay current with this fast-paced SaaS solution, which adds new features every month, as well as an outlook on the route the product may go in the future.

Table of contents

  1. Advanced Financial Close Basics: Introduction to financial closing and related terms, key capabilities, system landscape, connectivity options, architecture
  2. Design Your Financial Close: Organizing the close process, shared services and operating models, project team organization
  3. Run Your Financial Close: All AFC functions around managing, processing and approving closing tasks
  4. Dashboards and Reporting: All AFC functions around embedded analytics and close monitoring, setup of reporting characteristics to reflect organizational specifics
  5. Initiating Your Financial Closing Project: From the tenant provisioning process to user management, configuration and change management
  6. Future Innovations: Insights into the big innovations on the AFC roadmap and how to stay current.

What does it look like?

How can you get the book?

You can find more information on the book including the possibility to purchase here – the book is currently only available as E-Book, but at some events like SAPInsider or the International Conference on Financial Close and Reporting, we will bring print copies with us.

What are you waiting for?

You may get an overview of AFC through this book, which is well-organized. This book can be just what you need if you require a thorough introduction or a reference that covers the most crucial product features and lifecycle factors!

Thank you for taking the time and reading this blog post.