Home/Accounting Software/SAP S/4HANA Finance (SAP Simple Finance)
Updated on: July 13, 2020
What is SAP S/4HANA Finance (SAP Simple Finance) ?
SAP S/4HANA Finance (SAP Simple Finance) - Accounting Software : SaaSworthy.com
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81% The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read More

SAP S/4HANA Finance (SAP Simple Finance)

Providing solutions across the globe
(76 Ratings) Write Review

This accounting software caters to small, medium as well as large-scale businesses around the globe and is mainly focused on handing general ledger, accounts, payroll, management of fixed assets and tax handling, allowing the organizations to invest more time in their core activities. It also offers different support plans to ensure any problems are handled quickly and efficiently by trained professionals. The software also provides ERP cloud feature to go with its ‘SAP S/4HANA’ product, especially designed for the large scale organizations. The other two products ‘SAP ERP’ and ‘SAP Business One’ are designed to provide solutions to the medium scale and small scale businesses respectively.

SAP S/4HANA Finance (SAP Simple Finance) Features Show All Features

SAP S/4HANA Finance (SAP Simple Finance) Technical details

Support 24/7 (Live rep) Business Hours Online Customer Type Large Enterprises Medium Business Small Business
API Location / Phone Number Walldorf, Germany /+1 (800)-872-1727
Deployment SaaS/Web/Cloud Installed - Windows Installed - Mac Category Accounting Software

SAP S/4HANA Finance (SAP Simple Finance) Pricing

Pricing ModelQuotation Based
SAP S/4HANA Finance
Custom

SAP S/4HANA Finance is a complete set of accounting solution and financial management.

The software offers pricing plan on basis of request. Contact the vendor for latest pricing details.

Disclaimer: The pricing details were last updated on 24/05/2018 from the vendor website and may be different from actual. Please confirm with the vendor website before purchasing.

SAP S/4HANA Finance (SAP Simple Finance) FAQs

SAP S/4HANA Finance (SAP Simple Finance) is Accounting Software. SAP S/4HANA Finance (SAP Simple Finance) offers the following functionalities:

  • Accounts Payable
  • Accounts Receivable
  • Bank Reconciliation
  • Billing and Invoicing
  • Cash Management
  • Collections

Learn more about SAP S/4HANA Finance (SAP Simple Finance) features.

SAP S/4HANA Finance (SAP Simple Finance) provides a custom pricing for their software.

Learn more about SAP S/4HANA Finance (SAP Simple Finance) pricing.

No, SAP S/4HANA Finance (SAP Simple Finance) does not offer a free plan.

Learn more about SAP S/4HANA Finance (SAP Simple Finance) pricing.

Yes, SAP S/4HANA Finance (SAP Simple Finance) provides API.

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SAP S/4HANA Finance (SAP Simple Finance) Reviews

OVERALL RATING
4.3
Based on 76 Rating(s)
Rating Distribution
  • 65
  • 11
  • 0
  • 0
  • 0
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Tanmay PatilSource : trustradius.com
(Reviewed on 27 April 2020)
SAP S/4HANA at a glance

Use Cases and Deployment Scope

Currently the business processes including Purchase, Finance, Planning, Sales - every process is carried on the SAP. The whole organization uses this software. It provides transparency about the system software and is easy to use. It eliminated problems like creating invoices manually, yearly and monthly data calculations, and generating various reports.

Pros and Cons

  • It generates quick and accurate reports.
  • Reports can be adapted as per your business.
  • No chance of manual error to occur.
  • Reliable software.
Edit
  • Should have more standard reports.
  • Process order planning should be in details.
  • No proper reports for SAP PP.

Likelihood to Recommend

SAP S/4HANA is well suited when you have more of customized reports in your business structure and when you generate reports yearly, monthly or as per your requirements or your audit requirements - the reports generated are much quicker than SAP EHP ECC 6 due to the reduction in various SAP tables.
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Verified UserSource : trustradius.com
(Reviewed on 09 January 2020)
S/4HANA system implemented in 11 months... Standard is the way to go!

Use Cases and Deployment Scope

We are using SAP S4/HANA across the business, from Finance and Logistics to Manufacturing at our Oil Refinery and Lubricants Plant as well as for Plant Maintenance.

Pros and Cons

  • An improvement that we will make full use of is the Rental Increase Adjustments Tool. We have managed to load the pre-requisite data which will allow for us to increase the Lease Out rental income, with much ease. The tool will eliminate the need to manually create, download & upload spreadsheets which have in the past taken a considerable amount of time and manpower
  • Using Fiori for reporting has enabled the user to access and run reports more productively
Edit
  • Integration to Ariba has been very difficult for our organization. CIG as an integration tool is new and has a number of errors. This is not so much a S/4HANA issue, but to the customer, it appears as if S/4HANA is not a good product

Likelihood to Recommend

SAP S/4HANA is well suited to a larger organization with room for global growth. The system on its own is mature and well supported.
The Workschedule functionality associated with Plant Maintenance is very immature and not recommended.
Integration with SAP Cloud products is not intuitive and has lots of bugs that customers are having to navigate.
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Verified UserSource : trustradius.com
(Reviewed on 08 January 2020)
My Insights on S/4 HANA

Use Cases and Deployment Scope

S/4 HANA is used across the organization. S/4 HANA is addressing process simplification, enhancing user experience, enabling analytics at scale across global business units, tracking 100+ business KPIs with the help of embedded analytics to drive business decisions and reinforcing compliance through common internal control framework.

Pros and Cons

  • Strengthens analytics ecosystem to drive business decisions
  • Better user experience through Fiori interface
Edit
  • Finding the real business case by customers across industries
  • Build use case catalog by industry to increase the adoption

Likelihood to Recommend

- Enables on demand analytics

- Simplifies processes

- Fiori interface is giving enhanced user experience

- Enables cloud capabilities

- supports digital core theme


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Verified UserSource : trustradius.com
(Reviewed on 06 December 2019)
My SAP S/4HANA Review

Use Cases and Deployment Scope

S/4HANA is or current corporate ERP. SAP S/4 HANA is currently used by the whole organization.

Pros and Cons

  • Higher throughput.
  • Faster analytics and reporting.
  • Three deployment options: on premise, public cloud and managed cloud.
Edit
  • Easy license management
  • Be less expensive
  • Better integration with non SAP tools

Likelihood to Recommend

In my opinion, SAP S/4HANA is becoming SAP’s most successful ERP system. The ease of use, the increased performance, cost-effectiveness, innovation and the easy transition from on-premise to cloud are their main features.
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Vivek PrabhuSource : trustradius.com
(Reviewed on 06 December 2019)
S/4 HANA = S For Speed !

Use Cases and Deployment Scope

SAP S/4 HANA is currently implemented for the LATAM Region. Hence, all LATAM users are using the S/4 HANA system. It simplifies a lot of processes. Also, we are planning to consolidate other regions into one single S/4 HANA system going forward.

Pros and Cons

  • Speed
  • Fiori launchpad
  • Simplified processes
  • SAP Co-pilot
  • MATDOC Table as a single source for material details
Edit
  • More speed
  • Easier transformation from R/3
  • UI5

Likelihood to Recommend

Well suited for dashboard applications, analytics, custom launchpads, speeding up long-running reports, and creating new reports based on CDS.
Existing reports, dynpros, and FPM need to be modified and changed.
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Verified UserSource : trustradius.com
(Reviewed on 27 November 2019)
SAP S/4HANA

Use Cases and Deployment Scope

We are in starting phase, reviewing our internal processed deployed in SAP ERP and how they watch against SAP S/4HANA standards.

Pros and Cons

  • User experience.
  • Speed.
  • Embedded analytics.
Edit
  • Not mature for some specific industries, i.e. retail.
  • Not much knowledge across partners.

Likelihood to Recommend

As of today, it is recommended in case you have no SAP so you have to make a greenfield implementation.
In cases where you have SAP and you want to make a brownfield, it is also strongly recommended. In cases where you want to make a point somewhere between is when it gets hard to evaluate.
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Verified UserSource : trustradius.com
(Reviewed on 27 November 2019)
Good step to move forward

Use Cases and Deployment Scope

The company is using S4/HANA database. We experienced efficiency and performance improvement once stabilised.

Pros and Cons

  • Easy to manage in general.
  • Backup and restore takes less time.
  • KPI display is very helpful.
Edit
  • We can't log trace of the decoder.
  • Stabilisation phase took some time.

Likelihood to Recommend

S/4HANA is able to provide useful reporting very quick.
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Verified UserSource : trustradius.com
(Reviewed on 27 November 2019)
SAP S/4HANA migration progress

Use Cases and Deployment Scope

We are currently migrating SAP ECC to SAP S/4HANA. The migration will provide us a reduction in our database disk space and also improvements for the end-user. For example, S/4HANA will allow us to check real-time the logistic operations as well as new business processes for the sales department. Also, it will be a big improvement for the finance department as it will help them consolidate accounts, simplify bank management and improve payment processes.

Pros and Cons

  • Consolidates data.
  • Integration with third-party systems.
  • Reduction on database space.
Edit
  • Fiori is not as user-friendly as expected.
  • License costs.
  • Hardware requirements are higher.

Likelihood to Recommend

At the moment we plan to use it to improve finance processes. Later, we plan to expand it to support sales and logistic processes.
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Verified UserSource : trustradius.com
(Reviewed on 25 November 2019)
R3 helped to rigidly order business processes, S4 is making them more flexible.

Use Cases and Deployment Scope

I'm a project leader in a consulting company helping enterprises to jump to S4HANA. My expertise is focused on core financial activities and as a starting point, we migrate all financial processes.

Pros and Cons

  • Easy to connect
  • Fast execution
  • Mobile devices fully integrated into the processes
Edit
  • User experience. Fiori needs a long journey
  • R3 processes under construction in S4

Likelihood to Recommend

Well suited for reporting.
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Xavier Martinez BalartSource : trustradius.com
(Reviewed on 25 November 2019)
SAP S/4HANA Review

Use Cases and Deployment Scope

We have implemented S/4 HANA for one of our subsidiaries. It is mainly used by the financial department. They had an ECC system, but they wanted to be prepared for new business and S/4 HANA fits this goal.

Pros and Cons

  • Fiori interface. There is no comparison between the old SAP GUI interface and the new Fiori.
  • They came from an Oracle database environment, so with SAP S/4 HANA they found a better performance in their batch processes. They had problems finishing batch processes before 8 a.m., with no real data. Now they have real data (data comes from outside systems) when users start his work.
  • For IT people, the simple database structure helps to understand and resolve incidents.
Edit
  • We have been using S/4 HANA for only one month and we do have much experience with, but we can say that the migration process (Brownfield) is not an easy process. SAP has announced new tools that we will test in our future migrations.

Likelihood to Recommend

If you have a financial system, SAP S/4 HANA is the best solution. Simplify the DB structure, standard Fiori tiles for the majority of transactions, better performance. We are now starting new migrations, some of them not financial only.
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SAP S/4HANA Finance (SAP Simple Finance) Screenshots

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SAP S/4HANA Finance Screenshot
SAP S/4HANA Finance Screenshot
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