{"id":22920,"date":"2023-09-04T13:50:07","date_gmt":"2023-09-04T11:50:07","guid":{"rendered":"https:\/\/www.regestaitalia.eu\/management-control-with-sap-the-benefits-for-cfos\/"},"modified":"2025-06-03T15:34:58","modified_gmt":"2025-06-03T13:34:58","slug":"management-control-with-sap-the-benefits-for-cfos","status":"publish","type":"post","link":"https:\/\/www.regestaitalia.eu\/en\/management-control-with-sap-the-benefits-for-cfos\/","title":{"rendered":"Management control with SAP: the benefits for CFOs"},"content":{"rendered":"<div class=\"fusion-fullwidth fullwidth-box fusion-builder-row-1 fusion-flex-container nonhundred-percent-fullwidth non-hundred-percent-height-scrolling\" style=\"--awb-border-radius-top-left:0px;--awb-border-radius-top-right:0px;--awb-border-radius-bottom-right:0px;--awb-border-radius-bottom-left:0px;--awb-flex-wrap:wrap;\" ><div class=\"fusion-builder-row fusion-row fusion-flex-align-items-flex-start fusion-flex-content-wrap\" style=\"max-width:1497.6px;margin-left: calc(-4% \/ 2 );margin-right: calc(-4% \/ 2 );\"><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-0 fusion_builder_column_1_1 1_1 fusion-flex-column\" style=\"--awb-bg-size:cover;--awb-width-large:100%;--awb-margin-top-large:0px;--awb-spacing-right-large:1.92%;--awb-margin-bottom-large:20px;--awb-spacing-left-large:1.92%;--awb-width-medium:100%;--awb-order-medium:0;--awb-spacing-right-medium:1.92%;--awb-spacing-left-medium:1.92%;--awb-width-small:100%;--awb-order-small:0;--awb-spacing-right-small:1.92%;--awb-spacing-left-small:1.92%;\"><div class=\"fusion-column-wrapper fusion-column-has-shadow fusion-flex-justify-content-flex-start fusion-content-layout-column\"><div class=\"fusion-text fusion-text-1\"><p>The link between SAP and Finance starts from way back: in 1973, almost fifty years ago, the first software solution marketed by SAP was precisely for financial management. In the meantime, the world has changed considerably, but aspects related to purchasing, sales, and economic management in general are still among those receiving the most attention. <\/p>\n<p>Similarly, the figure of the CFO has also changed and is changing over the years. Whereas at one time he or she could be considered almost an analytical and supervisory figure, today the <em>chief financial officer<\/em> is increasingly involved in decision-making and strategic processes as well. If we add to this change the fact that decisions must be made in ever shorter time frames and with ever smaller margins for error, it seems natural that the CFO must rely on increasingly robust, effective and efficient tools. Management control in SAP proves to be the best solution.   <\/p>\n<h2>SAP: management control is in the DNA<\/h2>\n<\/div><div class=\"fusion-builder-row fusion-builder-row-inner fusion-row fusion-flex-align-items-flex-start fusion-flex-content-wrap\" style=\"width:104% !important;max-width:104% !important;margin-left: calc(-4% \/ 2 );margin-right: calc(-4% \/ 2 );\"><div class=\"fusion-layout-column fusion_builder_column_inner fusion-builder-nested-column-0 fusion_builder_column_inner_1_2 1_2 fusion-flex-column\" style=\"--awb-bg-size:cover;--awb-width-large:50%;--awb-margin-top-large:0px;--awb-spacing-right-large:3.84%;--awb-margin-bottom-large:20px;--awb-spacing-left-large:3.84%;--awb-width-medium:50%;--awb-order-medium:0;--awb-spacing-right-medium:3.84%;--awb-spacing-left-medium:3.84%;--awb-width-small:100%;--awb-order-small:0;--awb-spacing-right-small:1.92%;--awb-spacing-left-small:1.92%;\"><div class=\"fusion-column-wrapper fusion-column-has-shadow fusion-flex-justify-content-flex-start fusion-content-layout-column\"><div class=\"fusion-text fusion-text-2\"><p>Let us take a moment to look back at some moments in SAP&#8217;s history, to reiterate the point: for example, when SAP introduced the HANA suite, the Finance \/ Controlling module was the first to be migrated to the new platform, precisely because financial processes are the ones that, more than any other, needed (and need today, even more so) <strong>top-level process speed <\/strong>and advanced analytical capabilities.<\/p>\n<p>From risk management to billing through collectability, today SAP S\/4HANA allows all aspects to be managed effectively, powerfully but above all practically, even for operators who need quick consultations.<\/p>\n<\/div><\/div><\/div><div class=\"fusion-layout-column fusion_builder_column_inner fusion-builder-nested-column-1 fusion_builder_column_inner_1_2 1_2 fusion-flex-column\" style=\"--awb-bg-size:cover;--awb-width-large:50%;--awb-margin-top-large:0px;--awb-spacing-right-large:3.84%;--awb-margin-bottom-large:20px;--awb-spacing-left-large:3.84%;--awb-width-medium:50%;--awb-order-medium:0;--awb-spacing-right-medium:3.84%;--awb-spacing-left-medium:3.84%;--awb-width-small:100%;--awb-order-small:0;--awb-spacing-right-small:1.92%;--awb-spacing-left-small:1.92%;\"><div class=\"fusion-column-wrapper fusion-column-has-shadow fusion-flex-justify-content-flex-start fusion-content-layout-column\"><div class=\"fusion-image-element \" style=\"--awb-caption-title-font-family:var(--h2_typography-font-family);--awb-caption-title-font-weight:var(--h2_typography-font-weight);--awb-caption-title-font-style:var(--h2_typography-font-style);--awb-caption-title-size:var(--h2_typography-font-size);--awb-caption-title-transform:var(--h2_typography-text-transform);--awb-caption-title-line-height:var(--h2_typography-line-height);--awb-caption-title-letter-spacing:var(--h2_typography-letter-spacing);\"><span class=\" fusion-imageframe imageframe-none imageframe-1 hover-type-none\"><img decoding=\"async\" width=\"1000\" height=\"660\" title=\"Controllo di gestione con SAP vantaggi CFO\" src=\"https:\/\/www.regestaitalia.eu\/wp-content\/uploads\/2021\/10\/Controllo-di-gestione-con-SAP-vantaggi-CFO-Foto-interna-1000x660-1.jpg\" data-orig-src=\"https:\/\/www.regestaitalia.eu\/wp-content\/uploads\/2021\/10\/Controllo-di-gestione-con-SAP-vantaggi-CFO-Foto-interna-1000x660-1.jpg\" alt class=\"lazyload img-responsive wp-image-21270\" srcset=\"data:image\/svg+xml,%3Csvg%20xmlns%3D%27http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg%27%20width%3D%271000%27%20height%3D%27660%27%20viewBox%3D%270%200%201000%20660%27%3E%3Crect%20width%3D%271000%27%20height%3D%27660%27%20fill-opacity%3D%220%22%2F%3E%3C%2Fsvg%3E\" data-srcset=\"https:\/\/www.regestaitalia.eu\/wp-content\/uploads\/2021\/10\/Controllo-di-gestione-con-SAP-vantaggi-CFO-Foto-interna-1000x660-1-200x132.jpg 200w, https:\/\/www.regestaitalia.eu\/wp-content\/uploads\/2021\/10\/Controllo-di-gestione-con-SAP-vantaggi-CFO-Foto-interna-1000x660-1-400x264.jpg 400w, https:\/\/www.regestaitalia.eu\/wp-content\/uploads\/2021\/10\/Controllo-di-gestione-con-SAP-vantaggi-CFO-Foto-interna-1000x660-1-600x396.jpg 600w, https:\/\/www.regestaitalia.eu\/wp-content\/uploads\/2021\/10\/Controllo-di-gestione-con-SAP-vantaggi-CFO-Foto-interna-1000x660-1-800x528.jpg 800w, https:\/\/www.regestaitalia.eu\/wp-content\/uploads\/2021\/10\/Controllo-di-gestione-con-SAP-vantaggi-CFO-Foto-interna-1000x660-1.jpg 1000w\" data-sizes=\"auto\" data-orig-sizes=\"(max-width: 640px) 100vw, 800px\" \/><\/span><\/div><\/div><\/div><\/div><div class=\"fusion-text fusion-text-3\"><h2>With SAP, management control at the highest level<\/h2>\n<p>In SAP, the CO (Controlling) module is one of the main functional elements, supporting the process of monitoring and reporting financial operations within an organization.<\/p>\n<p>In addition to the features already listed and valid in general terms, this module provides detailed information on expenses and income, enabling companies to manage and control their financial operations efficiently.<\/p>\n<p>The CO module integrates with other SAP modules, such as <strong>SAP FI (Financial Accounting)<\/strong>, to ensure complete financial management. Some of the key features of SAP CO include: <\/p>\n<ul>\n<li>Cost center management;<\/li>\n<li>profit accounting;<\/li>\n<li>project accounting;<\/li>\n<li>order accounting.<\/li>\n<\/ul>\n<p>These features help companies track and analyze their financial performance, establish budgets, and make informed decisions.<\/p>\n<p>As we can see, SAP CO is an essential tool for companies that wish to have a clear and detailed view of their financial operations, in concert with the other capabilities offered by the ecosystem facilitating controlling.<\/p>\n<\/div><div class=\"fusion-text fusion-text-4\"><h2>Why choose an SAP-based management control system<\/h2>\n<p>Very often when we dwell on the benefits of the SAP ecosystem, we tend to consider functionality first, forgetting one of the key aspects, namely <strong>convenience and ease of use<\/strong> for operators. In this, the <a href=\"https:\/\/www.sap.com\/products\/fiori.html\" target=\"_blank\" rel=\"noopener\">SAP Fiori<\/a> user interface enables a considerable level of customization and operational speed.<\/p>\n<\/div><div class=\"fusion-builder-row fusion-builder-row-inner fusion-row fusion-flex-align-items-flex-start fusion-flex-content-wrap\" style=\"width:104% !important;max-width:104% !important;margin-left: calc(-4% \/ 2 );margin-right: calc(-4% \/ 2 );\"><div class=\"fusion-layout-column fusion_builder_column_inner fusion-builder-nested-column-2 fusion_builder_column_inner_1_2 1_2 fusion-flex-column\" style=\"--awb-bg-size:cover;--awb-width-large:50%;--awb-margin-top-large:0px;--awb-spacing-right-large:3.84%;--awb-margin-bottom-large:20px;--awb-spacing-left-large:3.84%;--awb-width-medium:50%;--awb-order-medium:0;--awb-spacing-right-medium:3.84%;--awb-spacing-left-medium:3.84%;--awb-width-small:100%;--awb-order-small:0;--awb-spacing-right-small:1.92%;--awb-spacing-left-small:1.92%;\"><div class=\"fusion-column-wrapper fusion-column-has-shadow fusion-flex-justify-content-flex-start fusion-content-layout-column\"><div class=\"fusion-image-element \" style=\"--awb-caption-title-font-family:var(--h2_typography-font-family);--awb-caption-title-font-weight:var(--h2_typography-font-weight);--awb-caption-title-font-style:var(--h2_typography-font-style);--awb-caption-title-size:var(--h2_typography-font-size);--awb-caption-title-transform:var(--h2_typography-text-transform);--awb-caption-title-line-height:var(--h2_typography-line-height);--awb-caption-title-letter-spacing:var(--h2_typography-letter-spacing);\"><span class=\" fusion-imageframe imageframe-none imageframe-2 hover-type-none\"><img decoding=\"async\" width=\"1000\" height=\"660\" title=\"perch\u00e8 scegliere il controllo di gestione con Sap\" src=\"https:\/\/www.regestaitalia.eu\/wp-content\/uploads\/2023\/09\/controllo_gestione_sap.jpg\" data-orig-src=\"https:\/\/www.regestaitalia.eu\/wp-content\/uploads\/2023\/09\/controllo_gestione_sap.jpg\" alt class=\"lazyload img-responsive wp-image-21623\" srcset=\"data:image\/svg+xml,%3Csvg%20xmlns%3D%27http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg%27%20width%3D%271000%27%20height%3D%27660%27%20viewBox%3D%270%200%201000%20660%27%3E%3Crect%20width%3D%271000%27%20height%3D%27660%27%20fill-opacity%3D%220%22%2F%3E%3C%2Fsvg%3E\" data-srcset=\"https:\/\/www.regestaitalia.eu\/wp-content\/uploads\/2023\/09\/controllo_gestione_sap-200x132.jpg 200w, https:\/\/www.regestaitalia.eu\/wp-content\/uploads\/2023\/09\/controllo_gestione_sap-400x264.jpg 400w, https:\/\/www.regestaitalia.eu\/wp-content\/uploads\/2023\/09\/controllo_gestione_sap-600x396.jpg 600w, https:\/\/www.regestaitalia.eu\/wp-content\/uploads\/2023\/09\/controllo_gestione_sap-800x528.jpg 800w, https:\/\/www.regestaitalia.eu\/wp-content\/uploads\/2023\/09\/controllo_gestione_sap.jpg 1000w\" data-sizes=\"auto\" data-orig-sizes=\"(max-width: 640px) 100vw, 800px\" \/><\/span><\/div><\/div><\/div><div class=\"fusion-layout-column fusion_builder_column_inner fusion-builder-nested-column-3 fusion_builder_column_inner_1_2 1_2 fusion-flex-column\" style=\"--awb-bg-size:cover;--awb-width-large:50%;--awb-margin-top-large:0px;--awb-spacing-right-large:3.84%;--awb-margin-bottom-large:20px;--awb-spacing-left-large:3.84%;--awb-width-medium:50%;--awb-order-medium:0;--awb-spacing-right-medium:3.84%;--awb-spacing-left-medium:3.84%;--awb-width-small:100%;--awb-order-small:0;--awb-spacing-right-small:1.92%;--awb-spacing-left-small:1.92%;\"><div class=\"fusion-column-wrapper fusion-column-has-shadow fusion-flex-justify-content-flex-start fusion-content-layout-column\"><div class=\"fusion-text fusion-text-5\"><p>The CFO will have quick access to all the tools needed for periodic analysis, but also for instantaneous or contingent data extractions.<\/p>\n<p>Also related to the more practical aspects is undoubtedly the ability to <strong>take in and use data in real time<\/strong>, thanks, for example, to <strong>Universal Journal<\/strong>, which brings together financial and accounting data in a single platform, again allowing real-time access to the data. From a data management point of view, SAP S\/4HANA&#8217;s data source allows for real-time reporting, while eliminating the need to anticipate planned operations, for example, to generate the reports themselves, but also containing the amount of duplicate or overlapping information in other systems or areas, such as that dedicated to Business Intelligence.<\/p>\n<\/div><\/div><\/div><\/div><div class=\"fusion-text fusion-text-6\"><h2>The winning features of management control in SAP<\/h2>\n<p>When talking about the benefits of management control in SAP, one should not forget some of the key features of the ecosystem, especially in the area of automation. In the case of the Finance and Controlling area, some tools, for example, the<a href=\"https:\/\/www.regestaitalia.eu\/soluzioni-sap\/erp-e-digital-core\/\" target=\"_blank\" rel=\"noopener\">automation of the active and passive invoicingcycle<\/a> are also intended to eliminate repetitive or low value-added tasks from the business tasks. Still in the realm of platform features that also turn into benefits for the CFO, we find three that are worth mentioning.  <\/p>\n<p>The first is undoubtedly the <strong>centralization<\/strong> that takes place through the aforementioned Universal Journal and allows for complete visibility into financial transactions. The main advantage is, as always, not having to spend time and resources on data collection and correction, lowering the risk of errors due to missing or duplicate data and so on. With a robust and reliable database, CFO response time can be reduced considerably.  <\/p>\n<p>Then we must undoubtedly mention the <strong>analytics<\/strong> included in the SAP S\/4HANA system, which can also and especially be used on real-time data. This makes it possible to make choices and decisions even on a day-to-day basis and even in minute activities, for example suggesting a specific discount for a customer to sales. <\/p>\n<p>Finally, we must not forget the new features that make use of <strong>machine learning<\/strong>, again with the aim of automating work as much as possible where low value-added tasks are present. New smart Apps such as Cash or GR\/IR, for example, automatically associate payments with invoices, or goods received with incoming invoices. All this relies on machine learning to make the process increasingly automatic.<\/p>\n<\/div><hr><div class=\"fusion-separator fusion-full-width-sep\" style=\"align-self: center;margin-left: auto;margin-right: auto;width:100%;\"><div class=\"fusion-separator-border sep-single sep-solid\" style=\"--awb-height:20px;--awb-amount:20px;border-color:var(--awb-color3);border-top-width:1px;\"><\/div><\/div><hr><div class=\"fusion-text fusion-text-7\"><p style=\"text-align: center;\">At Regesta, we offer training courses that provide the theoretical and practical skills on Management Control common to all companies.<\/p>\n<p style=\"text-align: center;\">View testimonials from participants in the first edition of our Controlling Pathway and for more information <strong><a href=\"https:\/\/www.regestaitalia.eu\/en\/contacts\/\">contact us<\/a> <\/strong>without obligation.<\/p>\n<\/div><div class=\"fusion-builder-row fusion-builder-row-inner fusion-row fusion-flex-align-items-flex-start fusion-flex-content-wrap\" style=\"width:104% !important;max-width:104% !important;margin-left: calc(-4% \/ 2 );margin-right: calc(-4% \/ 2 );\"><div class=\"fusion-layout-column fusion_builder_column_inner fusion-builder-nested-column-4 fusion_builder_column_inner_1_2 1_2 fusion-flex-column\" style=\"--awb-bg-size:cover;--awb-width-large:50%;--awb-margin-top-large:0px;--awb-spacing-right-large:3.84%;--awb-margin-bottom-large:20px;--awb-spacing-left-large:3.84%;--awb-width-medium:50%;--awb-order-medium:0;--awb-spacing-right-medium:3.84%;--awb-spacing-left-medium:3.84%;--awb-width-small:100%;--awb-order-small:0;--awb-spacing-right-small:1.92%;--awb-spacing-left-small:1.92%;\"><div class=\"fusion-column-wrapper fusion-column-has-shadow fusion-flex-justify-content-flex-start fusion-content-layout-column\"><div class=\"fusion-video fusion-youtube\" style=\"--awb-max-width:600px;--awb-max-height:360px;\"><div class=\"video-shortcode\"><lite-youtube videoid=\"-gSHHsIw4WU\" class=\"landscape\" params=\"wmode=transparent&autoplay=1&amp;enablejsapi=1\" title=\"YouTube video player 1\" data-button-label=\"Play Video\" width=\"600\" height=\"360\" data-thumbnail-size=\"auto\" data-no-cookie=\"on\"><\/lite-youtube><\/div><\/div><\/div><\/div><div class=\"fusion-layout-column fusion_builder_column_inner fusion-builder-nested-column-5 fusion_builder_column_inner_1_2 1_2 fusion-flex-column\" style=\"--awb-bg-size:cover;--awb-width-large:50%;--awb-margin-top-large:0px;--awb-spacing-right-large:3.84%;--awb-margin-bottom-large:20px;--awb-spacing-left-large:3.84%;--awb-width-medium:50%;--awb-order-medium:0;--awb-spacing-right-medium:3.84%;--awb-spacing-left-medium:3.84%;--awb-width-small:100%;--awb-order-small:0;--awb-spacing-right-small:1.92%;--awb-spacing-left-small:1.92%;\"><div class=\"fusion-column-wrapper fusion-column-has-shadow fusion-flex-justify-content-flex-start fusion-content-layout-column\"><div class=\"fusion-video fusion-youtube\" style=\"--awb-max-width:600px;--awb-max-height:360px;\"><div class=\"video-shortcode\"><lite-youtube videoid=\"_uh_YvzwuUg\" class=\"landscape\" params=\"wmode=transparent&autoplay=1&amp;enablejsapi=1\" title=\"YouTube video player 2\" data-button-label=\"Play Video\" width=\"600\" height=\"360\" data-thumbnail-size=\"auto\" data-no-cookie=\"on\"><\/lite-youtube><\/div><\/div><\/div><\/div><\/div><div style=\"text-align:center;\"><a class=\"fusion-button button-flat fusion-button-default-size button-default fusion-button-default button-1 fusion-button-default-span fusion-button-default-type\" style=\"--button_margin-top:30px;\" target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.regestaitalia.eu\/en\/contacts\/\"><span class=\"fusion-button-text awb-button__text awb-button__text--default\">CONTACT US<\/span><\/a><\/div><\/div><\/div><\/div><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Automation of operations, real-time analysis and complete visibility into all economic and financial aspects of the company are just the main benefits of management control with SAP.<\/p>\n","protected":false},"author":1,"featured_media":21269,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[140],"tags":[],"class_list":["post-22920","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-erp-en"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Management control with SAP: the best choice for CFOs<\/title>\n<meta name=\"description\" content=\"The increasingly strategic role of CFOs requires powerful tools. 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