Take your SAP Central Finance to the Next Level with Magnitude

Ready to take your SAP S4/Hana Central Finance projects to the next level? Magnitude SourceConnect and Z Option are both proud sponsors of the TA Cook SAP Central Finance events:

International SAP Conference on Central Finance in Berlin [September 18-19, 2019]

North American SAP Conference on Central Finance in Chicago [October 15-16 2019]

Curated for finance professionals for both new and existing SAP customers, hear how you can transform your finance data ahead of the pack and drive business success. You’ll hear from live the SAP Central Finance solutions owners, live Central Finance customers and live Magnitude customers about how to make the most out of your investment.

Our Magnitude SourceConnect team will demonstrate our suite of applications, co-innovated with SAP, for seamless integration of 3rd party data into Central Finance by streamlining key aspects of the data integration process.

Irrespective of the number and mix of source systems you are considering incorporating into SAP Central Finance, our data integration experts can talk you through you how to reduce time to benefit as well as reduce initial and ongoing development and maintenance costs.

Incorporating an off-the-shelf solution that’s built on architecture validated and supported by SAP assures that you will achieve the fastest, lowest cost, and lowest risk implementations of SAP S/4HANA Central Finance.

Registration is open for both the Berlin event and Chicago event!

Interested in learning how to integrate non-SAP ERP data into your SAP S/4HANA Central Finance implementation? Magnitude SourceConnect can help! Request a demo

sap-insider-banner

Benchmark Report Findings: State of SAP S/4HANA Finance Market

Those considering making the move to SAP S/4HANA Central Finance are drawn by the appeal of having a powerful, central system to aggregate all financial information for improving financial reporting and visibility across a diverse ERP landscape.

But to truly reap the benefits of your SAP Central Finance migration, you need an effective and efficient way to interface data from multiple source systems. This is where SourceConnect is needed. Magnitude SourceConnect is co-innovated with SAP to connect SAP S/4HANA Central Finance with any 3rd party data source.

Magnitude-sap-insiderWe’ve partnered with SAPinsider on this benchmark report that offers insights into how and why companies are making the move to SAP S/4HANA Finance, key customer outcomes and actions needed to drive greater value from your Central Finance project.

Download the Report

Key topics:

  • Learn how early adopters have structured their business case to align with key finance accounting pain points and overall business strategy
  • Discover the key deployment decisions they grappled with such as whether to choose the Central Finance deployment option and how to evaluate greenfield or brownfield deployment
  • Understand what pushed the early adopters to take the plunge and what’s holding back companies who have plans to move forward
  • Find out how SAP S/4HANA Finance can simplify and streamline core finance and accounting processes and support planning and reporting functionality
  • Understand how SAP S/4HANA Finance can simplify and streamline core finance and accounting processes and support planning and reporting functionality
  • Learn why organizations need to expand their perspective when thinking about how SAP S/4HANA can drive value to their business, and what issues finance teams need to consider when planning for the project

If you are considering the move to SAP S4/HANA Central Finance, Magnitude can help! Let our data integration experts talk you through how to integrate non-SAP ERP data into your Central Finance implementation, while delivering the full value of your Central Finance solution. Click here to request information about Magnitude SourceConnect for SAP Central Finance!

SAP Central Finance Exchange: Customer Insights 2019

In June 2019, Magnitude SourceConnect, TruQua, and SAP collaborated to host the annual Central Finance Exchange. This year’s event in New York City included 40 finance and IT professionals across 11 companies all using SAP S4/HANA Central Finance. Attendees were given the opportunity to share their experiences relating to their SAP Central Finance deployments in addition to their upcoming plans for future innovation. Read more

join-magnitude-sapphire

Join Magnitude at SAPPHIRE NOW – ASUG Annual Conference 2019

Attending SAPPHIRE NOW in Orlando, May 6-9? Join our Magnitude product experts to learn how we are driving productivity and bringing more value to SAP users. Read more

The Central Finance Journey: Why Proper Data Integration is Essential for Driving More Value from Reporting to Shared Services

Adopting SAP Central Finance as part of your finance transformation starts a journey that can bring tremendous value to your organization.  SAP promotes Central Finance as a platform that greatly improves financial reporting and visibility across a diverse ERP landscape.  And most customers are now moving toward shared service centers, with Central Finance serving as the key enabler to optimize business processes such as intercompany, consolidations, and vendor and customer payments into a single financial application. Read more

New application data management ideas

Five New Application Data Management Innovations in 2018

As we reflect upon 2018, it’s been a tremendous year of technology innovation and product momentum for Magnitude. We’ve invested in significant capabilities to help businesses address mission critical challenges across the enterprise data lifecycle. Read more

Considering an implementation of SAP Central Finance? Watch our new video

With 91% of surveyed SAP customers having non-SAP data sources, third-party data integration remains a hot-button issue.

If you have third-party data to integrate with SAP Central, note that we’ve just released a must-watch video on Magnitude SourceConnect for SAP. It’s for anyone considering an implementation of SAP Central Finance – especially if you want to streamline that implementation.

Watch our video here to learn more about: Read more

Customer-Findings-from-the-SAP-Central-Finance-Exchange

Customer Findings from the SAP Central Finance Exchange

Earlier this month, Magnitude and TruQua hosted ‘The Central Finance Exchange’, where SAP Central Finance customers convened to share their perspectives and best practices. The attendees participated in a pre-workshop survey which highlighted valuable insights on a fundamental discussion theme: the need to deal with data from third party non-SAP sources. Read more

SAP_central_finance_build_or_buy

3rd Party Data Solutions for SAP Central Finance: Build or Buy?

The first post in this series discussed the 5 types of data integration and the impact of data sources in enabling SAP Central Finance. This post considers the build vs. buy decision required to enable 3rd party data in SAP S/4HANA Central Finance. Read more

Data Integration for SAP Central Finance: Consider Your Sources

The first post in this series discussed the 5 types of data integration required to fully enable SAP Central Finance. This post considers the different sources that must be integrated.

Having established the 5 key integration requirements, let us now go a little deeper and consider the many source systems that may need to be integrated, and how they can be handled. First though, it is worth noting that most companies have a LOT of source systems. Part of the value of introducing Central Finance in the first place, is that financial systems are gathered over time, through acquisitions and reorganizations and they tend to be very ‘sticky’, meaning they are difficult to remove without a lot of concerted effort. So companies end up with many systems that comprise of many different versions and instances – and a deep need for Central Finance! Read more