Krüger, J: SAP S/4HANA Finance

'... Foreword ... 15

... Preface ... 17

... Acknowledgments ... 25

1 ... Introduction ... 27

1.1 ... Market Trends ... 27

1.2 ... Leadership Trends ... 29

1.3 ... Technology Trends ... 32

1.4 ... Introducing SAP S/4HANA Finance ... 33

... Part I: Exploring the SAP S/4HANA Finance Model ... 63

2 ... In-Memory Technology and SAP HANA ... 65

2.1 ... Keeping Data in Memory ... 67

2.2 ... Columnar Data Organization ... 69

2.3 ... Data Encoding and Compression ... 72

2.4 ... Parallel Execution ... 75

2.5 ... Delta Store and Merge ... 77

3 ... Removal of Redundancy ... 81

3.1 ... Benefits of a Redundancy-Free System ... 82

3.2 ... In-Memory Technology Removes Redundancy ... 86

3.3 ... Simplifying the Core Data Model ... 89

3.4 ... Immediate Benefits of the New Data Model ... 92

4 ... Nondisruptive Innovation ... 97

4.1 ... Compatible Refactoring ... 98

4.2 ... Transitioning to SAP S/4HANA Finance ... 101

5 ... Unlimited Flexibility Based on Line Items ... 105

5.1... Gaining Unparalleled Insights ... 105

5.2 ... Removing Predefined Aggregates ... 107

5.3 ... Deciding without Information Loss ... 110

5.4 ... Optimizing Operations with Big Data ... 113

5.5 ... Innovating with Line Item Granularity ... 115

6 ... Finance in Real Time ... 117

6.1 ... Accepting the Limits of Retroactive Analysis ... 118

6.2 ... Benefitting from Real-Time Finance ... 120

6.3 ... Identifying Real-Time Finance Patterns ... 126

6.4 ... Becoming a Real-Time Finance Company ... 128

... Part II: Using SAP S/4HANA Finance ... 133

7 ... Building Blocks of SAP S/4HANA Finance ... 135

7.1 ... Seeing the Big Picture ... 135

7.2 ... Reloading SAP ERP Financials Functionality ... 138

7.3 ... New Applications in SAP S/4HANA Finance ... 143

8 ... Single Source of Truth: Universal Journal ... 147

8.1 ... Mastering Business Challenges without SAP HANA ... 147

8.2 ... New SAP HANA-Based

Dr. Jens Krüger heads the LoB Finance and SAP Innovation Center unit in the board area of Products & Innovation, where he reports to Bernd Leukert, a member of the SAP Executive Board. Jens oversees a global development organization that is dedicated to delivering SAP Simple Finance in the cloud powered by SAP HANA, in close collaborationwith customers and partners.Prior to joining SAP in September 2013, Jens was co-representativeof Dr. Plattner's research chair at the Hasso Plattner Institute for Software Systems Engineering. He was one of the founding members of the prominent joint research project with SAP, which built the first prototype of SAP's award-winning in-memory platform SAP HANA.Jens holds a master's degree in business administration from the Free University of Berlin, Germany, and received a doctorate degree for his dissertation, "Enterprise-Specific In-Memory Data Management," from the Hasso Plattner Institute at the University of Potsdam.