Don't go it alone...
Our consultants aren’t really superheroes. They’re just regular heroes. Well, yes, they can fly. But that’s not their actual superpower. Their real superpower is helping you accelerate your implementation of a super subledger. The SAP S/4HANA for financial products subledger (FPSL) to be precise.
FPSL lets you create one standardized, central database for shared integrated processes between the operational, actuarial, and financial worlds. Applicable to life, health, and property/casualty insurers and reinsurers — for all lines of business — FPSL uses event-driven triggers to create a continuous closing process to minimize month-end activities and get you to a faster close.
We have powerful services to help safeguard and accelerate your implementation. They won’t enable you to fly, but our consultants are willing to tell you some of our secrets to get you up and running.
1. Project Starter Kit
The implementation starter kit supports your quick project systems set-up including test data for fit-gap workshops, demos, and prototyping. We will fully check your SAP S/4HANA for financial products subledger installation by running two test use cases with our sample data.
- Support quick project system set-up and knowledge transfer
- Mitigate implementation risk
- Utilize system experienced consultants to support project initiatives
2. Enablement Workshop
Enablement workshops provide project team members or decision makers with a detailed overview of SAP S/4HANA for financial products subledger including how to implement, reporting set-up and hands-on exercises.
After this workshop, you will be ready for your first use case on the system.
- Get up to speed fast
- Learn basic configuration
- Share best practices
3. Scoping
Given the project complexity and the number of stakeholders involved, documenting and tracking requirements is imperative. We will provide a project approach and key documents to drive the project forward.
- Identify the measurement types and the variants (use cases) to be implemented
- Document the requirements for these use cases and for the reporting and required input data
4. Implementation Coaching
The fastest way to accelerate your implementation is by prototyping some selected specific use cases in the solution. By test driving your data, you can quickly understand the system and validate your scoping definitions.
- Accelerate project implementation
- Get familiar with SAP FPSL and learn how to use it
- See fast first results of the scope to share with business teams and subsidiaries
5. Data Integration Coaching
Data integration can be a complex exercise depending on the number of sources, legacy systems, and any manual data management that is needed. We can help you document and set up all integration processes, including data source/ETL tooling to FPSL and outbound integration to the general ledger and reporting.
- Determine and guide how to document source data
- Support setting up and enhancing inbound data integration on SAP FPSL
- Define outbound general ledger and reporting integration
6. Predefined Reporting Pack
Reporting is at the heart of what SAP S/4HANA for financial products subledger does best and having the predefined reports at your disposal will get you the information you need as fast as possible. Our consultants know the system and the multi-GAAP reporting requirements and can support you as you build your own reporting
- Provide the key IFRS17 reports predefined for SAP Analytics Cloud:
1. Balance Sheet
2. P&L
3. CSM: Initial Recognition and Subsequent Measurement
4. Best Estimate Liability / Risk Adjustment
- Support customer-specific report customization
The Solution: SAP S/4HANA for Financial Products Subledger
SAP S/4HANA for financial products subledger, is a fully functional, integrated solution to help you optimally implement multi-valuation and regulatory requirements based on a standardized, central database. For more information click here.
How Can We Help
We’ll work with you to help you understand all your options; to help you select the option that best suits your needs, your budget, your schedule, and your preferences; and to help you make the right decisions about the service to quickly get your implementation running the way you want it to run.
Contact us today to learn more about all the ways we can help you do more business, more efficiently.