SAP S/4HANA for Finance Reviews
by SAP4 / 5 58 reviews
Reviewed on 15/08/2018
One of the best business ERP solution
Comments: Overall very good ERP solution, it is also to be noted that 90% of fortune 500 companies uses SAP for their all business solutions.
SAP AG is Germany based company who has developed business integrated ERP software which cater all your business requirement.
1. SAP has different modules within the software like material management, sales and Distribution, fixed asset etc which very well integrates with each other and helps to provide in depth solution for all business requirement.
2. SAP has ability to maintain complete audit trail, which helps the business user to fix the accountability of each user.
3. Data analysis is the one of the best feature that ultimately helps the business to take effective decisions.
4. User security, user authorization system is also added advantage which helps in managing authorized access to any system data.
1. SAP is mainly suitable for large enterprises having employees strength more that 300-400, and where all roles and responsibility of the uses is clearly identified.
2. Its implementation cost and maintenance cost is high and sufficient training is also required to be given to all concerned users.
3. it is essential to have separate team who can help the user to solve all the issues related to SAP or some agency needs to be hired for such problems, which ultimately increases the cost of company.
4. Unless the roles and responsibility are not clearly identified there is no much benefit of the so called ERP solution.
5. In nutshell unless the company has good employee size and business then only SAP is suitable.
Reviewed on 18/01/2019
All in one ERP
1- Data processing speed is better than any other ERP with it's in memory Technology incorporated in the system
2- Very secure from user security setup to data encryption and patching.
3- easy to use interface for users
4- it comes with best practice for any business, so you only need to follow their defined process for your business
5- it has all the modules any business will need "Financials, auto payment, Purchasing, Material Management and Monitor, Treasury Management, online bidding and More.
6- Easily integrate with other systems if you have other operational Systems
7- it has Powerful HCM that manage Employee life cycle " Recruitment with auto screening and staging - onboarding - Transaction Payroll - Training and developing - Performance Management and succession planing
8- Reporting and Analysis tools to help evaluate company performance.
9- Budgeting and planning through out the System
1- cost of acquiring the software or the needed hardware.
2- implementation time and cost are very high compared to other ERP systems
3- Maintenance contract cost is also high.
4- the need for a dedicated experienced team to Administrate the system
5- the need for the company to define all its processes before purchasing such huge system as you may spend more than what's actually needed for your operations to run
Reviewed on 17/09/2017
REVIEW OF SAP-BUSINESS-ALL-IN-ONE by Ehinmero Phillip
Comments: The training is very useful as it gives more edge over other ERP. If you can work with any SAP products, other ERP Software will not difficult to understand and navigate.
1. It allows for future expansion of different organisation's operations as more features can be deployed to improve operational efficiency.
2. It guides users to make use of best general accounting accepted principles while performing their functions.
3. It reduce time in executing jobs and increases efficiency in project execution.
4. it is very user-friendly if well understood with in-depth training.
5. It synchronise seamlessly with Microsoft Office products such as Outlook, Excel, and Word.
1. It make use of specialised alphanumeric figures there making it very difficult to set-up by users of other ERP softwares.
2. It is not cost efficient for companies of unstable financial status.
3. Its installation is difficult for non-IT expert as it obeys the OSI layers: Application, Database and Network.
4. The distribution per use is not really flexible compared to other ERP Software.
Reviewed on 01/05/2019
Comments: I use SAP daily. Currently, it allows me to lookup customer balances and extend credit limits. I have also used to it post financial entries and reconcile account balances. It's very versatile and allows me to do a range of activities to get my job done quickly and efficiently.
Pros: I really enjoy using SAP. I use it daily first in my accounting role and now in credit. It is very practical and easy to use once you know how to use it. It has extreme versatility and functionality. I would never want to use another finance software after using SAP!
Cons: I think it could be a bit more aesthetically pleasing; that being said its all about functionality.
Reviewed on 29/05/2018
Best tool for any big organization
Pros: SAP Business All-in-One has all features which an organization needs, including HRMS, ERP, FI-CO, etc. I will say this tool is comprehensive. You can enter as much information as you want on transactions. It fits for all types of businesses.
Cons: Most of the people think that SAP is too complicated to inplement considering its SAP GUI. It has numerous fields on the screen. However, this all is customizable. Moreover, this tool is All in one, hence you do not have flexibility to choose a single module in the suit. Sometimes you end up not using few modules throughout your organizational process.
Reviewed on 19/04/2017
Comments: Not at this time.
Pros: I like SAP because it makes my job life more easier to get the important tasks done in a timely manner. Our organization can also create custom made reports to fit each department's needs. It is a fast system, up to date, and works very well for me and my job responsibilities.
Cons: You have to open separate windows to do multiple tasks. I wish I do multiple job tasks all on one session instead of opening numerous sessions to do more than one task. I may need the other window open to review some information and cannot do all that on the same window.
Reviewed on 27/10/2018
A good software to have
Pros: What i like about this software is that it is very easy to learn and understand, it also has restrictions if you enter an invalid code or insufficient quantity which serves as a great error proofing. A very useful one specially for inventory.
Cons: What i wish for this software to have is the faster loading speed. cause at first when you open SAP it takes a couple of minutes before it can be operated normally. but other than that I don't have any complains with SAP. It is very useful though.
Reviewed on 18/06/2015
Review of SAP ERP Core Finance
Pros: Robust system; powerful features. Was able to provide efficiencies with the payment process, easier to research and identify the underlying transactions when performing analytical reviews. Had strong capabilities for complex consolidation structures and multi-country currencies.
Cons: Complex and time consuming conversion process. Required a lot of time during the testing and researching mapping issues phases of the conversion. Important to have a well-trained superuser in each location that can assist other team members during and after the conversion process. Because the system has so many features, there are also a lot of new things to learn.
Reviewed on 01/01/2019
SAP. Vital to the day to day work.
Comments: I would had someone familiarized with the software before buying SAP, but otherwise, its almost risk free.
Pros: The amount of work time and workload SAP reduces its staggering, we would had been overwhelm by work otherwise. It streamlines information. its one in all application so you dont need any other kind of software unless you require some specified function.
Cons: My only Con with the software its entry level knowledge required to use it to its full potential. Granted, there is material online and their technical support is top notch so everyone can learn.
Reviewed on 02/08/2018
Takes time to learn but it's worth it
Pros: You can do almost anything with this software and allows users to customize it. I like how you can drill down all the information. It takes time to learn all the features but once you learn it allows you to use however you want to and it is really worth it.
Cons: It's not very user friendly - once there is an error only people with deep knowledge can fix the entry.
Reviewed on 17/10/2018
Very helpful and efficient.
Lucky precious S.
Pros: In 3 years of using this application what i really like about is that it has T-codes that can easily use and remembered. Its very useful specially if your in a Financial services.
Cons: Sometimes, the application is slowing down specially if you input too many data but the product is good and you get what you pay. Also, it is too expensive but this is worth of your money.
Reviewed on 15/02/2019
Excellent for big scale organization
Comments: I honestly liked this software. This is the best ERP you could get. The support from the developers is awesome.
Easy to use all the commads.
Online features for ARN and PO acceptance.
Easy to track records all purchase orders and order acceptance.
It's a little bit costly compare to other but you will Gest best features in this.
It's hard to understand for beginners.
Reviewed on 12/01/2018
Lots of work but you get results
Comments: As a data analyst, the ability for me to go in and create views and queries to run against SAP data is amazing. I can do things now with HANA that I could never have dreamed of before. As I mentioned above, it is a huge investment and it is a complex installation but once everything is working, it is well worth it.
1) The speed with which you can get your data back.
2) The versatility in coding which allows more users to work in it.
3) The ability to do ad-hoc queries against SAP data which was impossible before.
1) This product is extremely pricey. Not for the faint of heart.
2) The setup can be quite an ordeal. Preparation is the key.
3) There is a good learning curve to getting everything working correctly.
Reviewed on 21/06/2018
Recommend for large scale industries
Comments: Coming to cost, price is too high but valu for money as I mention I the title, it’s recommended for large scale businesses
Pros: Functionality and data synchronisation is awesome, suits for all type of businesses activities, managing vendors, processing purchase orders and tracking of payments and receipts are appreciable.
Cons: Come to taxation part, as we know every country has the different taxation methods, SAP will handle based on the location of the business, consolidation will not take more time.
Reviewed on 14/10/2018
very helpful and user-friendly
Ailyn mae E.
Pros: easy to use, very reliable and efficient. It provides in memory database for analytical processing for business and other finance related transactions
Cons: I dont see anything negative about this product except for the cost, it is expensive but this is also worth your money. a must have.
Reviewed on 13/03/2017
Perfect product with right additional tools.
Comments: Overall very simple to use. All the normal tools you need are there. If anything, there are a few too many tools - sometimes have to search a lot to find what i'm looking for. We use BPC as our Excel report tool. Key for journal entries, use third party tool GLSU.
Pros: Everything option you need is there.
Cons: Need 3rd party tools to make it complete.
Reviewed on 23/01/2018
SAP - universal ERP software
Comments: very nice to use. recommended to use for all type of industry. Definitely users will get more sophistication and interest once they are into SAP.
Pros: able to run the business accurately, without data deviation, good to user, introduction to S/4HANA brings more added advantages in handling applications.
Reviewed on 02/11/2018
SAP Specialist review.
Kayla lyne C.
Pros: Easy to use. This software has been very helpful in transacting financial transactions. Highly recommended system.
Cons: There's nothing i don't like about this product. It has been very helpful to our team. So i don't have a con to write about this software.
Reviewed on 19/01/2018
Experienced with 3 projects using SAP and 2 projects using WMS, EMS and EDI
Comments: best choice for high class enterprise
easy to use, fast response, overall business processes
high performance, strictly policy, map with ISO standard
hard to customize and expensive
high investment (human resources and money)
requires high skillful staffs to operate
Reviewed on 16/12/2018
Pros: It helped with just-in-time inventory, and once we got the kinks worked out, it greatly reduced delinquent accounts receivable.
Cons: There is definitely a steep learning curve, so implementation was taxing as best. But worth the effort!
Reviewed on 11/04/2018
Very robust system for large businesses
Pros: It is probably the best ERP out there, with tons of options, functions, best practices and customizations for your business needs.
Cons: It is quite expensive, and the interface isn't particularly attractive. It also requires a lot of integration with really every aspect of your business to reach its full potential. It isn't really a filler or supplemental software, it kind of requires you to go all in.
Reviewed on 22/09/2016
SAP- Going from a DOS based system to SAP was very awesome
Pros: I liked the ease of navigation. It is nice to swap screens without loosing information
Cons: I do nit like that it wants you to update pricing every 6 months. A customer get's special pricing and I would like it to stay that way. I now owna small business and wish there was a more cost efficient version for a small number of users.
Reviewed on 05/12/2018
very powerful ERP software
Pros: powerful, easy to use but not absolutely user friendly or intuitive, it takes some time to get used to it, complete support for the future
Cons: no complete solution, for several functionalities you need to buy add-ons or you need to hire some expensive consultants to work on it and customise it to your desire
Reviewed on 21/07/2018
Done Your Job Accurately with Ease
Mirza muhammad I.
Comments: Overall performance is good. Its benefits are covering its cost. SWOT analysis gives the positive results.
Pros: Easy to Use & Implement. You can get accurate reports. You can monitor your investment projects for financial management purpose. Reliable for documentation & reporting.
Cons: Has many queues to get support. Training is much costly. Display is old dated. Complex interface, Setup & Operations. Slow in speed. Any one can change after submission.
Reviewed on 03/05/2019
Hosted SAP B1
Comments: It has been rough managing and administering the application.
Pros: That it has many customizable features and ability to have many integrations to fulfill business requirements.
Cons: Using integrations impacts the overall reliability and performance of the platform.