Without Magnitude SourceConnect for SAP, companies may be tempted to develop their own data integration and harmonization capabilities, but in most circumstances, this would be a mistake for a number of reasons:
- Intimate knowledge of every source system is required, including both data structures (how the data is stored) and data standards (how to interpret the data), and how to apply change data capture to each
- Intimate knowledge of the many transformations required to correctly interpret, map and load financial documents and master data into Central Finance, including very many document types, tax document handling, balance migration, as well as performance optimization to manage high transaction volumes, to name only a few examples.
- Intimate knowledge of SAP Central Finance data requirements, restrictions and methods to extend the Central Finance data structures
- Very few people have the broad skill required to manage the above for both initial development and ongoing maintenance. If these people can be found, what are the chances they will be available to be dedicated to this project on a long term basis?
Each individual integration requirement contains inherent complexity, but taken together, the difficulty of integrating third party data sources into SAP Central Finance is considerable and makes most home-grown integration efforts impractical and risky.
Magnitude SourceConnect for SAP offers pre-built solutions to connect and harmonize multiple source systems for the fastest, lowest cost, and lowest risk implementations of SAP S/4HANA Central Finance. Learn why SAP chose Magnitude.