F2A CHOOSES SAP FOR MORE ADVANCED SERVICES

F2A CHOOSES SAP FOR MORE ADVANCED SERVICES

As part of the re-launch of F2A’s Finance & Administration services and in view of the continuous improvement of our offer, we are pleased to announce a new feature that allows us to fully exploit the potential of Digital Transformation.

Starting from the beginning of 2022, F2A will adopt the SAP S/4HANA® ERP platform in the Cloud with the aim of enhancing its multiple solutions in Finance & Controlling, for an even more efficient governance of economic and financial processes.

What will be the advantages for you?

• Access to the market-leading solution
• Improved processes and governance
• Optimization of general and analytical accounting data management
• Access to more accurate and up-to-date data and information
• Broad spectrum of new solutions, management modules and features to access.

Details of SAP S/4HANA Cloud functionality and solutions:

1. Management and executive reporting (great flexibility of parameterization and data depth)
2. Reporting with different “views” based on control dimensions: simple and agile
3. Integrated Planning: function of uploading the company budget and verifying the variance of the period
4. Management of accounting parallels (accounting periods and operating variants)
5. Master data management through the so-called “business partner” concept for customers and suppliers, to avoid duplications
6. Parameterization and customization of approval flows and others workflows (e.g. purchases), definition of rules, thresholds, budget capacity check
7. Parameterization of sales processes
8. Italian and international accounting standards
9. Advanced asset management: statutory, fiscal and management depreciation
10. Electronic statement of account: it allows automatic acquisition of bank movements, reducing the possibility of errors linked to manual operations
11. Simplified accounting reconciliations
12. Electronic invoicing, both receivable and payable side
13. Management of reminders to customers: possibility of forwarding credit reminder letters at different levels.