SAP Business ByDesign Financial Consolidation

SAP Business ByDesign and SAP Financial Consolidation – a combination that can work for you thanks to Satriun Group!

SAP Business ByDesign Financial Consolidation

SAP Business ByDesign has always focused on a solid preparation of data for financial consolidation purposes. There has been no intent to build an own financial consolidation solution within SAP Business ByDesign itself because of:

  • Many SAP Business ByDesign customers are part of a larger group and the group usually has a financial consolidation solution in place; and
  • There are multiple mature financial consolidation solutions by SAP on the market.

SAP has been asked to give guidance which financial consolidation solution could suit a ‘typical’ SAP Business ByDesign customer forming a small group facing financial consolidation needs:

  • 3-10 companies / legal entities to consolidate
  • Multi set of books for financial statements
  • Multi currencies
  • Few affiliated companies not in SAP Business ByDesign
  • A broad and experienced consulting partner base to support global financial consolidation needs
  • Optional extension to planning, versioning and simulation in the context of group management reporting

SAP drew attention of its existing and prospective SAP Business ByDesign customers to SAP Financial Consolidation – a well-established and mature solution for financial consolidation (both legal statutory consolidation and management reporting).

Get in Touch!

Please let us know how we can contact you!

Offering by Satriun Group for SAP Business ByDesign Customers

Satriun Group offers an attractive packaged model specifically design for SAP Business ByDesign customers. We have been implementing SAP Financial Consolidation for 20 years and for 100+ customers and are able to propose a complete package that includes hosting the software and initial consulting service to ensure quick and successful go-live. The package includes:

  • License SAP Financial Consolidation
  • 22% yearly maintenance fee of license
  • Monthly fee for hosting software (Software is hosted in Germany)
  • Initial Starter Package based on IFRS
  • Optional consulting services to support additional needs and more complex solutions

You can also decide to run SAP Financial Consolidation on-premise. In that case, our  specialists will tailor a specific offer for installing and implementing SAP Financial Consolidation on your own infrastructure.

Satriun Group, a SAP Service Partner, has designed and successfully implemented numerous SAP Enterprise Performance Management (EPM) solutions in Europe and beyond. Satriun Group employs one of the most experienced SAP EPM teams the entire portfolio of products:

Satriun Group provides industry-specific expertise for Banks and Insurance companies, especially covering regulatory reporting needs such as FinRep, CoRep, Solvency II, IFRS 4 and IFRS 17. Satriun Group consultants possess expert knowledge of SAP rapid-deployment solution for financial close and disclosure management.

Advantages of SAP Financial Consolidation

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Efficient

Fast implementation of the Financial Consolidation solution, minimizing risk whilst ensuring project success

Productive

We are building the solution for you based on a robust starter kit provided by SAP, which is highly productive and reduces effort!

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Compliant

100% Audit compliance and aligned with the requirements of your accounting standards (IFRS and local GAAPs)

Unified

Single platform for Statutory Consolidation and Management Reporting available in the Cloud or On-Premises

Business-owned

After implementation your business teams own the solution and are able to maintain and enhance it

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Scalable

Scale your Financial Consolidation solution to your needs, step-by-step: add tax reporting, stock profit eliminations and much more

Our Packages

SAP Financial Consolidation licenses maintenance is 22% of the initial cost. Satriun offers cloud hosting (physically located in Germany and managed in Europe) from 1’000 EUR / month for one SAP Financial Consolidation environment containing 10 named users (5 concurrent).

SAP Financial Consolidation Overview

Processes Explanation

The above are non-binding offers for SAP Business ByDesign customers in Europe. Country-specific conditions may apply and existing customers’ terms and conditions need to be considered.

SAP Financial Consolidation can also be installed on-premises. Hardware considerations, architecture design and infrastructure installation services can be provided by Satriun.

SAP Financial Consolidation can cover numerous additional needs, such as:

  • Simulation and what-if scenarios (scope changes, M&A, …).
  • Versioning (store any data set for comparison).
  • Multi-GAAP regulation (IFRS, US GAAP, local GAAP, IFRS9, FINREP, …).
  • Multi data model structure (for specific activities like Banking, ….).
  • Financial group planning / budget and forecast data submission for IFRS.
  • Any additional non-financial data / KPI’s.

Please get in touch for a personalised offer according to your needs.

Questions about SAP Financial Consolidation for SAP Business ByDesign. Get in touch to discuss!

Benjamin Steadman
Executive Partner
+33 6 08 43 28 45
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