mySAP ERP Financials: Gain Control. Gather Insight. Generate Value.

mySAP ERP Financials provides a complete financial management solution for a broad range of industries. It is the leading enterprise software solution for accounting, financial reporting, performance management, and corporate governance. With mySAP ERP Financials, you can transform finance from an administrative department into a strategic business partner. One that provides deep operational insight, unifies strategic action, and measures results quickly. mySAP ERP Financials powers the highest performing finance organizations in the world. It offers a unique advantage to companies by providing market-leading financial management tools that work harmoniously with your operational systems. mySAP ERP Financials can help generate value in your business through its:

Depth of functionality in accounting, reporting, analysis, corporate governance, financial supply chain, and treasury management Broad support for industry-specific processes and compatibility with all SAP industry solutions Scalable technical architecture that is built for multinational organizations or companies with a global vision Industry-leading support for local market requirements, languages, and currencies Robust internal controls and documentation of all financial processes and transactions Superior reporting capabilities for financial and managerial reporting Open integration platform that connects your financial management solutions with existing business systems or applications Vision and degree of innovation to address emerging strategies in finance, including collaborative commerce, business process outsourcing, and shared services

Features & Functions of mySAP ERP: Financial Analytics

mySAP ERP provides features and functions for financial analysis to help you define financial targets, develop business plans, and monitor costs and revenue during execution. You can use the sophisticated financial analytics features of mySAP ERP to create and simulate value flows between the functions and organizational units of your business. Plus, the solution allows you to work collaboratively using a single platform -- and align financial strategies globally. mySAP ERP supports financial analysis and reporting for a wide range of users -- from C-level executives to sales managers. The solution helps you improve profitability, increase working capital and cash flow, ensure more efficient cost controls, and gain greater insight when planning and forecasting. mySAP ERP includes features and functions that support these business activities:

Financial and management reporting -- Provide a series of standard analyses to meet the reporting needs of a wide range of end-users, including C-level executives, line-of-business managers, and sales assistants. Planning, budgeting, and forecasting -- Support traditional budgeting, rolling forecasts, and collaborative planning, such as cost center planning. The solution's analytical planning workbench allows you to model planning scenarios, and provides preconfigured planning applications for efficient operational planning. Cost and profitability management -- Assign overhead costs, manage the costs incurred by products and services, and analyze the profitability of products and services. Working capital and cash flow management -- Manage working capital management with functions that optimize logistics processes and improve liabilities and receivables management. Manage cash flow, including cash flow calculations and middle- and long-term planning. Payment behavior analysis -- Manage receivables by analyzing payment histories and determining the days sales outstanding (DSO), which form the basis for payment optimization.

mySAP ERP: SAP Strategic Enterprise Management

SAP Strategic Enterprise Management (SAP SEM) delivers end-to-end capabilities to support the entire performance management life cycle, including:

Business planning and simulation -- Capabilities for strategic planning, financial statement planning, and investment planning enable you to update budgets more frequently, meet changing business conditions, and combine traditional, bottom-up budgeting with top-down strategic planning. SAP SEM also encourages a more collaborative budgeting and planning process -- while helping you integrate and align strategic, operational, and financial plans. Business consolidation -- Capabilities for currency translations, automated eliminations, and performance calculations support financial reporting standards required for consolidations, such as U.S. and local Generally Accepted Accounting Principles (GAAP) and International Accounting Standards (IAS). SAP SEM also helps you implement management consolidations based on userdefined organizational units and user-defined hierarchies. Strategy and performance management -- SAP SEM helps you translate strategies and objectives into meaningful plans for every segment and department of your enterprise. Capabilities for use of the Balanced Scorecard, value-based management, and risk management enable business users to make proactive decisions and understand how individual functions or organizations are contributing to the broader corporate strategy. Stakeholder relationship management -- SAP SEM provides support for communicating enterprise strategy, current plan data, and strategic initiatives to the different stakeholder groups. Capabilities for portal-based investor polling and information collection, as well as analysis and modeling of stakeholder feedback, facilitates the two-way communication needed to incorporate stakeholders into strategic management processes.

mySAP ERP Financials: Sarbanes-Oxley Compliance

The Sarbanes-Oxley Act is among the most visible and far-reaching regulations that organizations face. Failure to comply can result in significant loss of market capitalization and shareholder trust, as well as criminal liability for corporate executives. But there's no silver-bullet solution to Sarbanes-Oxley. What's required is a comprehensive strategy for maintaining auditable business processes, financial transparency, and operational control. That comprehensive approach begins with mySAP ERP Financials. mySAP ERP Financials provides extensive capabilities to ensure continuous compliance with regulatory mandates, enabling high governance standards and reducing IT and audit costs. The solution enables you to manage the complex documenting, testing, mitigation, and sign-off procedures associated with Sarbanes-Oxley sections 302, 404, and 409, as well as fast close and section 301 whistle-blower requirements. mySAP ERP Financials supports compliance with Sarbanes-Oxley through the following capabilities:

Project organization for documentation, testing, and sign-off for internal controls Test procedures based on the risk management framework defined by the Committee of Sponsoring Organizations of the Treadway Commission (COSO) Workflow procedures that accelerate testing and sign-off Object-level analysis of segregation of duties (SOD) Authorization administration Automated rule building and maintenance Simulation and proactive compliance Risk mitigation and remediation Real-time drill-down analysis and reporting Management reporting

mySAP ERP Financials enables you to integrate sound governance processes as part of your day-to-day operations -- without the need to supplement your ERP solution with stand-alone applications. So you can

achieve long-term, sustainable compliance with Sarbanes-Oxley. And the high governance standards than ensure profitable growth. And with the SAP Sarbanes-Oxley Service Select workshop, you can be sure your team understands how to apply the full range of SAP tools that enable Sarbanes-Oxley compliance.

mySAP ERP Financials: IFRS Compliance

International Financial Reporting Standards (IFRS) and International Accounting Standards (IAS) were created by the International Accounting Standards Board to promote internationally comparable financial statements. Regulation 2002/3626 requires that some 7,000 listed companies in the European Union prepare their consolidated financial statements in accordance with IFRS/IAS. That has far-reaching implications for companies of all sizes. Publicly traded companies will need to adhere to IFRS while still complying with local tax, dividend, and other regulations -- requiring at least two sets of financial statements. And because capital markets demand comparable numbers for investment decisions, even non-listed companies will be forced to issue IFRS-compliant financial statements. mySAP ERP Financials gives you comprehensive functionality for parallel accounting that supports both IFRS and local regulations around the world. So you can adhere to complex accounting standards, meet the requirements of the capital and financial markets, and ensure the reliability and transparency of your financial reporting. With mySAP ERP Financials, you have the capabilities you need to take a structured approach to ensure efficient and effective conversion to IFRS. You can accommodate the differences between IFRS and local generally accepted accounting principles (GAAP). You can also address specific issues such as financial instruments, business combinations, and share-based payments. So you have a comprehensive solution to IFRS compliance.

mySAP ERP Financials: Basel II Support

The New Basel Capital Accord, or Basel II, establishes requirements for banks to manage the risks of issuing loans. Basel II will have a global impact, because members of the Basel Committee include the Group of Ten, or G10 countries, most of which intend to transform Basel II regulations into local law. Basel II affects not just banks, but all organizations. In particular, it effectively requires organizations to demonstrate their ability to meet their payment obligations -- a process called rating. Rating typically involves a comparison of planned versus actual financial values covering a multiyear period. Strategic planning, risk management, and internal control processes all have an impact on rating results. This is a key concern especially for small and midsize businesses, many of which lack thorough planning and control processes. mySAP ERP Financials provides a comprehensive set of capabilities to meet the requirements of the rating process. Financials capabilities enable you to accelerate the preparation and processing of financial information, rapidly capture and organize relevant financial data, and achieve tighter corporate governance and control. Analytics capabilities allow you to automate and optimize corporate planning, analyze internal and external risk factors, integrate business strategy and risk management, and improve transparency and trust. With mySAP ERP Financials, you have the tools you need to:

Enhance planning and budgeting -- Streamline your companywide planning processes. Increase transparency -- Avoid planned-versus-actual deviations and mitigate the affects of uncertain events. Optimize shareholder value -- Maximize capital allocations, enable smart investment decisions, and improve results through risk-based management. Improve internal control and risk management -- -- Comply with laws and regulations, and implement measures for damage prevention.