Objectives of SAP FI-CO ON S/4 HANA

The objectives of SAP FI-CO (Financial Accounting and Controlling) on S/4HANA focus on enabling real-time financial processing, simplifying financial structures, and providing advanced analytics for informed decision-making. SAP S/4HANA enhances FI-CO processes with its in-memory technology, universal journal, and streamlined architecture. Below are the primary objectives:

1. Real-Time Financial Insights
2. Enhanced User Experience
3. Advanced Reporting and Analytics
4. Integrated Financial and Controlling Processes
5. Compliance and Audit Readiness
6. Cost and Performance Optimization
7. Scalability and Flexibility
8. Cash and Liquidity Management
9. Better Decision-Making