Frequently Asked Questions
SAP Central Finance: Frequently Asked Questions
Everything you need to know about SAP Central Finance engagements with MYGO Consulting.
Does Central Finance replace our source ERP systems?
No. Central Finance operates as a reporting and consolidation layer that replicates financial postings from your source systems. The source systems continue to handle day-to-day transactional processing. Over time, Central Finance can serve as a stepping stone toward full migration to S/4HANA, but it does not require source system decommissioning.
Can Central Finance connect to non-SAP ERP systems?
Yes. While native replication is optimized for SAP ECC and S/4HANA, Central Finance supports non-SAP sources through SLT server and custom data provisioning adapters. We have connected Oracle, JD Edwards, and Microsoft Dynamics environments to Central Finance.
How long does a Central Finance implementation typically take?
A first-wave deployment covering 2-3 source systems and a harmonized chart of accounts typically takes 4-6 months. Subsequent entity rollouts are faster because the mapping framework and replication infrastructure are already in place.
What is the typical ROI for Central Finance?
Organizations typically see 50-70% reduction in close duration, 40-60% reduction in manual reconciliation, and elimination of spreadsheet-based consolidation. The finance team can shift from data gathering to analysis and decision support.
How do you handle chart of accounts harmonization without disrupting source systems?
Our approach uses a mapping layer between source system account structures and the central group chart of accounts. Source systems continue using their existing charts without modification. Mapping tables translate source postings into the group structure during replication.
Can Central Finance support real-time reporting?
Central Finance supports near-real-time replication with SLT trigger-based data capture. Financial postings are typically available in the central ledger within minutes. For management reporting dashboards, this latency is sufficient.
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