SAP Closing cockpit – Fast Close

SAP Financial Closing cockpit

A Fast, Accurate Close with No Headaches

It is possible. You can convert your closing cycle into a series of repeatable, centrally managed, and tightly controlled process steps with SAP Financial Closing Cockpit (SAP FCc).

Get Control of your Financial Close

SAP Financial Closing cockpit can shorten your financial period-end close by up to 50%, provide more transparency and reliability in period-end closes, and give senior management more time for decision-making based on financial information they can trust.

Companies typically struggle to complete a timely and reliable financial period-end close. SAP and Redwood provide a complete closing solution tailored for SAP ERP Financials customers – SAP Financial Closing cockpit (SAP FCc).

The SAP Financial Closing cockpit incorporates job scheduling technology jointly developed by SAP and Redwood Software. It enables customers to achieve a fast, reliable close by managing and monitoring close processes across the entire enterprise.

A Reliable and Transparent Financial Close

SAP FCc addresses all of the critical issues of accomplishing a successful financial close, providing you with:

  • Reliability: Having a robust closing process capable of generating reliable information for reporting and auditing purposes is the cornerstone of every world-class financial closing process.
  • Speed: Reducing the number of days to close facilitates additional time for analysis of results and variance reporting.
  • Efficiency: The cost effective use of manpower, systems and processes is critical for working within both resource and budgetary constraints.
  • Compliance: Monitoring of internal controls is essential for generating accurate financial reporting and complying with various regulatory guidelines.