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How to Integrate Third-Party Data in your SAP Central Finance Deployment

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insightsoftware is a global provider of reporting, analytics, and performance management solutions, empowering organizations to unlock business data and transform the way finance and data teams operate.

22 12 Web Magnitude Dataintegration Blog 2

Getting a simple and complete view of corporate financial information is a top priority for Finance departments. Enter SAP S/4HANA Central Finance, which brings tremendous potential for high value when it comes to financial and management reporting. An SAP Central Finance deployment aggregates financial information from any source to provide centralized visibility and operational control.

However, in order to achieve maximum value from Central Finance, your organization must connect all relevant data sources. Fact: Non-SAP ERPs exist in about 85% of all Central Finance opportunities and pose significant data integration challenges that must be solved.

Which begs the question: Do you really want to be in the software development business?

Data integration requirements for implementing SAP Central Finance are many and diverse.

Magnitude has developed a suite of pre-built solutions to accelerate and manage key data integration aspects for your non-SAP systems with SAP Central Finance Transaction Replication by Magnitude for SAP S/4HANA.

Take a quick look into how Magnitude can connect SAP S/4HANA Central Finance with any third-party data source.

The Power of Productivity with SAP S/4HANA

SAP Central Finance Transaction Replication by Magnitude for SAP S/4HANA is featured in SAP’s InnovationX digital hub – an on-demand platform designed to be viewed at your own pace featuring webinars, podcasts, interviews, and live Q&A sessions.

If you’re looking to enable intelligent data integration within SAP Central Finance, watch this 20 minute pre-recorded session for helpful insights on how to achieve cost-effective finance implementations by eliminating complex data integrations.

How to Address 3rd Party Data Requirements in your SAP Central Finance Deployment

Key highlights:

  • Why traditional source integration approaches are complicated and risky
  • Options for integrating sources into SAP Central Finance
  • Recommendations for a high-value SAP Central Finance deployment
  • Why Magnitude for SAP Central Finance data integration
  • Demonstration of key features in 4 modules – Transaction Replication, Drilldown, SyncBack and Reconciliation Reporting

Designed to drive higher business value from Central Finance, we’re empowering customers to achieve faster time to value, minimize initial and ongoing costs, and decrease Central Finance project and compliance risk vs. a custom build approach.

Contact our data integration experts today – we would be happy to 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.

Additional SAP Central Finance resources are available for download in the Magnitude resource library.