Subsequently, this offers greater flexibility to extend a chart of accounts and allows an easier method of reporting by individual management units and segments.ДЇurthermore, the SAP ECC helps companies reducing the complexity and cost associated with parallel accounting or managing a set of books by region, industry or regulatory reporting statute. With New GL functionality, you will have the ability to generate financial statements of any dimension of business (unit, Profit Center, geographical location etc). SAP ECC also helps companies to comply with global accounting standards (like US GAAP and IFRS). Consolidated Financial and statutory reporting.This further helps in better insight and faster decision making. It also provides metrics to improve the business insight and productivity of non-technical users.Д¬onsequently, executives, managers and business workers will now have access to information like business statistics and Key Performance Indicators (KPI) presented in the context of business tasks. Performance Management вЂ“ SAP ECC Vs R3ДЄdditionally, compared to R/3, SAP ECC Finance provides a single solution for the entire life cycle of вЂњCorporate Performance ManagementвЂќ by delivering real-time, personalized measurements. Hence, all managers in all operations of your business will now have improved visibility with a single integrated solution. It may also pertain to your core enterprise processes. SAP ECC vs R/3 in finance provides a comprehensive and robust analytical framework to consolidate and aggregate business information generated in your industry solutions.

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