What is SAP HANA?

SAP HANA is the latest in-memory analytics product from SAP; using HANA
companies can do ad hoc analysis of large volumes of data in real-time.

What is in-memory?
In-memory means all the data is stored in the memory (RAM). This is no time
wasted in loading the data from hard-disk to RAM or while processing keeping some
data in RAM and temporary some data on disk. Everything is in-memory all the
time, which gives the CPUs quick access to data for processing.

What is SAP simple finance

Sap simple finance is an add on to sap erp 6.0 ehp7 powered by sap hana. It is
available since feb 21 2014.
SAP Simple ERP add-on is only feasible if you are running on HANA. So the obvious
first step would be to migrate from whatever database manager you are using, to
HANA. This includes a technical upgrade to Enhancement Package 07 of SAP ERP
6.0
SAP Simple Finance is not an upgrade from SAP ERP Financials (FI/CO) but a new
product that you need to migrate to.

why SAP S/4HANA Finance?

With SAP S/4HANA Finance, you can create a common view of all financial and
operational data, provide flexible, easily consumable reporting, automate processes
and instantly evaluate the financial implications of business options with real-time
analytics, prediction, and simulation, all with a beautiful user experience.

What are the deployment options offered?

SAP currently plans to offer on-premise, cloud (public and private), and hybrid
deployments to give real choice to customers.
On Premise
Some customers may prefer to continue to run their SAP implementations on premise, meaning that the
software is installed in their own data center in one or more of their own sites. An on-premise implementation
involves having full control over the system and its implementation, including functional configuration and the

ability to make modifications. The companys IT team also manages its own security and governance. Each
company maintains the software with any applicable enhancement packages and hot fixes, and chooses the
timing of implementing any upgrades.
With this option, companies license the software, which is typically financially managed on the balance sheet
as a capital expense that is depreciated over time. They also must use SAP HANA to leverage the new
functional capabilities of SAP Simple Finance, such as SAP Accounting powered by SAP HANA 1 and SAP
Cash Management powered by SAP HANA,2 which were natively built on SAP HANA.
Cloud
Companies that want to deploy SAP Simple Finance in the cloud can use SAP HANA Enterprise Cloud. With
this managed service, SAP maintains the servers and the software of an organizations implementation. The
software is installed on servers that are dedicated to a single customer, allowing each customer to configure
unique functional business processes; however, modifications are not allowed. The customer still manages the
applications and governance rules, and has the ability to be on a different release than other customers, again
since customers are assigned their own hardware servers. As part of the managed service, SAP takes care of
implementing technical maintenance, handling hot fixes, and performing upgrades.
Companies still need to license the software capabilities, and then purchase the infrastructure and application
management on a subscription basis. The systems in the managed cloud are run on SAP HANA, which gives
organizations the ability to use the latest innovations of SAP Simple Finance.
Hybrid
An increasingly attractive model is the combination of on-premise and cloud implementations. Ideal candidates
for these scenarios are point processes that can be easily carved out and do not require close integration with
the remaining SAP Business Suite for example, companies can use Ariba Network for invoice management,
or solutions for cloud-based travel and expense management.
Alternately, large companies that have an on-premise implementation may choose to run specific organizations
remote sales offices, subsidiaries, or recent mergers and acquisitions, for example in the cloud, with an
integration into their on-premise systems for consolidated reporting and disclosures.

http://www.sap.com/bin/sapcom/sk_sk/downloadasset.2015-06-jun-10-10.sap-s4hana-simple-finance-pdf.bypassReg.html
innovations in simple finance
http://go.sap.com/solution/lob/finance/s4hana-finance-erp.html

SAP S/4HANA Finance is a comprehensive set of financial management and accounting solutions,
covering financial planning and analysis, accounting and financial close, treasury and financial risk
management, collaborative finance operations, and enterprise risk and compliance management
powered by the SAP HANA in-memory database.

Although SAP S/4HANA Finance covers the entire financial management portfolio, there are
significantly improved or new innovations available in each finance area, which are highlighted in
next slide
Financial planning and analysis
New innovations
With the SAP S/4HANA Finance processes for FP&A, you can accelerate planning cycles, increase
profitability, and make finance functions more efficient.
With SAP S/4HANA Finance, your planners can access real-time master data and accruals in SAP
ERP without data replication. With one common financial planning model, you can run end-to-end
simulations and faster planning cycles. .
Close the books faster, improve compliance and control, and reduce closing workloads and costs
with SAP S/4HANA Finance processes for accounting and financial close.
New Innovations: SAP Accounting combines financial and management accounting and profitability
data into one universal journal. It abolishes totals, indices, and other pre-defined aggregates, and
relies on line items as a single source of truth.
Fixed Asset Accounting for SAP S/4HANA is integrated into the universal journal architecture, so
there is no redundancy of data. Multiple parallel documents for all valuations are posted in real time
to ensure correct values from the beginning.

Execute closing tasks and inter-period processesin real time

Run real-time reporting with complete drill-down by any dimension

Use a single, unified data model to simplify processes, increase productivity, and reduce risk

Easily execute depreciation runs with simplified processing logic and data structures

Leverage line item postings for every single asset, allowing for detailed reporting

Treasury and Financial Risk Management

With SAP S/4HANA Finance processes for treasury and financial risk management,
you can accurately forecast cash flow, manage liquidity, and mitigate risk.

Integrate cash flows, transactions, commodity positions, and market data. And
optimize straight-through processing with full-view and real-time analysis, audit
trails, and compliance reporting.

New innovations: SAP Cash Management provides global cash positions in real
time, even in the presence of heterogeneous backend systems. New capabilities
provide detailed analysis of forecasted cash flows so you can bring greater
levels of consistency to cash balances, cash requirements, and liquidity
strategies.

Collaborative Finance Operations

With SAP S/4HANA Finance processes for collaborative finance operations, you can
rapidly respond to fluctuating market dynamics. Automate receivables and payables
processing, revolutionize shared services delivery, and streamline travel management
all while reducing costs.
New innovations: SAP Receivables Management improves working capital and
financial health by using real-time receivables data to assess customer credit risk,
streamline billing, resolve disputes and prioritize customer collections to reduce days
sales outstanding:

Monitor customer payment behavior in real time

Make proactive decisions with exception-based receivables management

Determine a customers top line contribution with simplified analysis

Improve reconciliation and analysis with intuitive search functions and usability

Use relevant, real-time data to shape customer interactions

Enterprise Risk and Compliance

With SAP S/4HANA Finance processes for enterprise risk and compliance, you can
automate risk, compliance, and international trade activities. By proactively minimizing
risk and compliance violations, the software makes it easier to optimize business
operations, protect assets, and improve financial performance.
New innovations: SAP Fraud Management gives you the insight you need to detect,
investigate, and deter fraud. The software uses advanced rules and algorithms on Big
Data to identify and predict fraudulent behavior, issue alerts, and block fraudulent
transactions.

Process high volumes of data to enable real-time fraud detection at the

transaction level

Centralize fraud management to optimize investigation and monitoring

Minimize false alarms by calibrating detection strategies and running real-time

simulations
Model detection strategies and carry out simulation to predict new fraud patterns
Harmonize data to exposes potential duplications or erroneous, fraudulent
entries

9 pointsssss