S/4 HANA acts as the digital core for business process simplification by using the power of its HANA in-memory database.
In legacy systems, enterprises couldn’t close activities which hadn’t begun until the period end. This resulted in multiple batch-run dependencies and bottlenecks which delayed downstream activities.
The effects were visible in the form of delayed visibility into reporting, time-pressured resolutions and complex problems which were postponed until after close. However, with S/4 HANA you get the following benefits:
This leads to faster decision making and Soft Financial Close anytime.