SAP Financial Management logo

SAP Financial Management

by SAP
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ActiveCloudOn-premiseFree tier
Quick facts
VendorSAP
Year launchedN/A
StatusActive
LocationDietmar-Hopp-Allee 16, 69190 Walldorf, Germany
Countries servedN/A
Languages2
IntegrationsN/A
Free tierYES
Free trialYES
Contact salesYES

About SAP Financial Management

A suite of solutions from SAP for managing financial operations, including treasury, cash management, risk, compliance, and financial planning. It aims to optimize working capital, reduce risk, and increase efficiency in financial processes.

SAP offers a comprehensive suite of financial management solutions designed for enterprises to streamline operations, mitigate risk, and drive growth. While a specific product named 'Enterprise Risk Management' is no longer featured, its capabilities are integrated within broader offerings like Financial Management and Governance, Risk, and Compliance (GRC). These tools help businesses manage treasury, optimize cash flow, ensure regulatory compliance, and embed risk management into core financial processes. The solutions are built on SAP's Business Technology Platform and integrate with their Cloud ERP systems, providing real-time data and analytics. This allows finance teams to move from reactive reporting to proactive, data-driven decision-making. SAP's offerings are cloud-based, catering to large enterprises across various industries. While pricing is not publicly available and requires sales contact, the platform provides extensive support, documentation, and training resources.

Pros & Cons

Pros
  • Integrates risk and compliance management directly into core financial processes.
  • Part of a comprehensive suite of enterprise solutions from a leading vendor.
  • Leverages real-time data and analytics for improved decision-making.
  • Offers cloud-based deployment for scalability and accessibility.
Cons
  • The specific product page for 'Enterprise Risk Management' is no longer available, making it difficult to assess as a standalone offering.
  • Pricing information is not publicly available and requires contacting sales.
  • Complexity and cost may be prohibitive for smaller businesses.

Features

Key features

Financial Management

Unlocks financial potential with new business models, optimized working capital, and increased efficiency.

Risk Reduction

Helps to reduce risk across financial operations.

Social and Environmental Impact

Aims to create positive social and environmental impacts through financial management.

Cloud ERP Integration

Works with SAP's Cloud ERP to provide real-time insights across finance and other business functions.

Spend Management

Integrates with spend management solutions for comprehensive financial control.

Additional features

Treasury Management

Manages treasury and working capital to ensure liquidity and mitigate financial risk.

Financial Planning and Analysis

Provides tools for budgeting, forecasting, and performance management.

Accounting and Financial Close

Streamlines accounting processes from record to report.

Receivables Management

Optimizes the management of accounts receivable and collections.

Cybersecurity and GRC

Offers solutions for governance, risk, compliance, and cybersecurity.

Pricing

Free trial
Free version
Request a quote
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Countries & Languages

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Countries served
2
Interface languages
—
Billing currencies

Interface languages

EnglishGerman

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