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SAP Advanced Financial Closing Reviews & Product Details

SAP Advanced Financial Closing Reviews (54)

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SAP Advanced Financial Closing Reviews (54)

4.3
54 reviews

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Noemi D.
ND
Noemi D.
Analista financiero superior
Enterprise (> 1000 emp.)
"SAP AFC is really good at orchestration and automation"
4.5/5
What do you like best about SAP Advanced Financial Closing?

The configuration process was a bit of a challenge. My system landscape is a bit of a mess, and it took my architecture team and a consultant six months to get everything connected to each other. It's slow going. The only time our deployment was predictable was once we'd got the mapping of our OData services right. From then on, every close was the same: The sequence took the same pattern for each close. Review collected by and hosted on G2.com.

What do you dislike about SAP Advanced Financial Closing?

The configuration process was a bit of a challenge. My system landscape is a bit of a mess, and it took my architecture team and a consultant six months to get everything connected to each other. It's slow going. The only time our deployment was predictable was once we'd got the mapping of our OData services right. From then on, every close was the same: The sequence took the same pattern for each close. Review collected by and hosted on G2.com.

sagar i.
SI
sagar i.
Sap mm consultant
Consulting
Enterprise (> 1000 emp.)
"Streamlined Financial Closes with Enhanced Visibility"
4.5/5
What do you like best about SAP Advanced Financial Closing?

I like SAP Advanced Financial Closing because it simplifies the financial closing process through centralized task management, automated workflows, and real-time progress tracking. It helps teams collaborate more effectively, reduces manual follow-ups, and ensures closing activities are completed on time. The improved visibility and transparency make it easier to identify bottlenecks and manage the overall closing process efficiently. Review collected by and hosted on G2.com.

What do you dislike about SAP Advanced Financial Closing?

SAP Advanced Financial Closing could be improved by making the user interface more intuitive and simplifying the initial configuration of closing tasks and workflows. Integration with other SAP and non-SAP systems could be more seamless, and reporting and dashboard customization could offer greater flexibility. Better notifications, easier troubleshooting, and more detailed user guidance would also help reduce the learning curve and improve the overall user experience. The initial setup required some technical configuration and planning, and while documentation was helpful, additional guidance during configuration would have made the process smoother. Review collected by and hosted on G2.com.

Meet S.
MS
Meet S.
Senior Machine Learning Engineer
Enterprise (> 1000 emp.)
"Streamlined, More Visible Financial Close with SAP Advanced Financial Closing"
4/5
What do you like best about SAP Advanced Financial Closing?

What I like best about SAP Advanced Financial Closing is how it helps organize and automate the financial close process. It provides better visibility into closing activities, simplifies task management, and helps teams coordinate deadlines more efficiently. This makes the overall closing process more structured and easier to monitor. Review collected by and hosted on G2.com.

What do you dislike about SAP Advanced Financial Closing?

One area that could be improved is the initial learning curve. Some features and configuration options can take time to understand, especially for new users. The interface could also be more intuitive in certain areas, with simpler navigation and clearer guidance for setting up and managing closing activities. Review collected by and hosted on G2.com.

Libia B.
LB
Libia B.
Senior Business Strategy & Analytics Manager
Computer Software
Enterprise (> 1000 emp.)
"The whole close process is coordinated"
4.5/5
What do you like best about SAP Advanced Financial Closing?

You'll see a decrease of up to 90% in the effort needed to fix errors, which saves about 2 hours for each financial close. It's pretty clear that this is making things more efficient for all of us. You can measure the value of AFC's AI-powered error resolution. It helps you figure out what's causing problems and gives you step-by-step instructions. Review collected by and hosted on G2.com.

What do you dislike about SAP Advanced Financial Closing?

It runs within the SAP BTP Cloud Foundry environment, which is key. AFC has made our process much more straightforward. You know, there's latency you can predict. Review collected by and hosted on G2.com.

Verified User in Management Consulting
CM
Verified User in Management Consulting
Small-Business (50 or fewer emp.)
"Streamlined, Transparent Period-End Closing with SAP Advanced Financial Closing"
4.5/5
What do you like best about SAP Advanced Financial Closing?

What I like most about SAP Advanced Financial Closing is that it helps streamline the period-end closing process by bringing tasks, responsibilities, and deadlines into one place. It gives better visibility of the closing status, makes it easier to identify delays, and helps teams coordinate more effectively. From a finance and SAP support perspective, I think its biggest advantage is reducing manual follow-ups and making the closing process more organized, transparent, and predictable. Review collected by and hosted on G2.com.

What do you dislike about SAP Advanced Financial Closing?

One challenge with SAP Advanced Financial Closing is that the initial setup can take time, especially when defining closing tasks I think proper configuration, user training, and clear ownership are important to get the best results from it. Review collected by and hosted on G2.com.

Akhil S.
AS
Akhil S.
Senior Data Engineer
Information Technology and Services
Enterprise (> 1000 emp.)
"Centralized, Automated Financial Close with Strong Visibility and Control"
4.5/5
What do you like best about SAP Advanced Financial Closing?

What I like best about SAP Advanced Financial Closing is its ability to centralize and automate the entire financial close process with strong visibility and control. It streamlines task management through standardized workflows, dependencies, and real-time monitoring, reducing manual effort and errors. The integration with existing SAP systems ensures data consistency, while built-in analytics and progress tracking help teams meet deadlines more efficiently and improve overall governance. Review collected by and hosted on G2.com.

What do you dislike about SAP Advanced Financial Closing?

One of the main drawbacks of SAP Advanced Financial Closing is its complexity during initial setup and configuration, which can require significant time and expert knowledge. Customization options can sometimes feel limited for highly specific business needs. Additionally, the user interface is not always very intuitive, leading to a learning curve for new users. Performance can also slow down when managing very large volumes of tasks, impacting overall efficiency. Review collected by and hosted on G2.com.

Hasti A.
HA
Hasti A.
Shipping Agent
Transportation/Trucking/Railroad
Mid-Market (51-1000 emp.)
"Clear Visibility and Better Month-End Communication with SAP Advanced Financial Closing"
4.5/5
What do you like best about SAP Advanced Financial Closing?

What I like best about SAP Advanced Financial Closing is that it gives better visibility over closing tasks, approvals, and deadlines. In shipping sales, we deal with invoices, customer accounts, and revenue-related information, so having a structured close process helps ensure figures are reviewed on time and any outstanding items are followed up properly. It also makes communication with finance easier during month-end. Review collected by and hosted on G2.com.

What do you dislike about SAP Advanced Financial Closing?

What I dislike about SAP Advanced Financial Closing is that it can sometimes feel too finance-focused and not very intuitive for sales users. When I need to check the status of customer-related items, invoices, or approvals during month-end, it may take a few extra steps to find the right information. Some screens and task details can also be a bit technical, so it takes time to understand how they connect to the sales side of the process Review collected by and hosted on G2.com.

Mina B.
MB
Mina B.
Assistant Financial Accountant
Enterprise (> 1000 emp.)
"Structured, Visible Month-End Close with SAP Advanced Financial Closing"
4.5/5
What do you like best about SAP Advanced Financial Closing?

What I like best about SAP Advanced Financial Closing is that it gives clear visibility of month-end close tasks, deadlines, and responsibilities. It helps me track what needs to be completed, follow up on outstanding items, and keep evidence and approvals organised in one place. This makes the close process more controlled and reduces the risk of missing important tasks. Review collected by and hosted on G2.com.

What do you dislike about SAP Advanced Financial Closing?

What I dislike about SAP Advanced Financial Closing is that it can sometimes feel a bit complex to navigate, especially when checking task dependencies or finding specific close items. Some steps require extra clicks, and it can take time to get used to the layout. However, once the process is set up properly, it does help keep month-end activities more organised. Review collected by and hosted on G2.com.

Verified User in Pharmaceuticals
CP
Verified User in Pharmaceuticals
Mid-Market (51-1000 emp.)
"Streamlined and Efficient Financial Closing"
5/5
What do you like best about SAP Advanced Financial Closing?

I like its centralized task management, automation, and real-time visibility into financial closing activities, which make the month-end close more efficient, organized, and easier to manage. Review collected by and hosted on G2.com.

What do you dislike about SAP Advanced Financial Closing?

The initial setup can feel complex, and some customization options are limited—especially when you need to support company-specific closing processes. The interface also takes a bit of time to get used to, so there’s a learning curve at the start. Review collected by and hosted on G2.com.

Mina B.
MB
Mina B.
Assistant Financial Accountant
Food & Beverages
Small-Business (50 or fewer emp.)
"Structured, Transparent Financial Close with Better Collaboration in SAP Advanced Financial Closing"
5/5
What do you like best about SAP Advanced Financial Closing?

SAP Advanced Financial Closing is most helpful because it brings structure, visibility, and control to the entire closing process. It helps teams standardize tasks, track progress in real time, manage dependencies, and reduce the risk of missed steps or delays. I also like that it improves collaboration across finance teams and gives better transparency for managers. Overall, it makes the financial close more efficient, more accurate, and easier to monitor from start to finish Review collected by and hosted on G2.com.

What do you dislike about SAP Advanced Financial Closing?

One thing I dislike about SAP Advanced Financial Closing is that it can feel quite complex at first, especially for new users who are still learning the workflow and dependencies between tasks. Setting up and maintaining templates can also take time, and if the process is not designed properly, it may become too rigid for teams that need flexibility. In some cases, users may also rely too much on the system and spend less time understanding the underlying accounting issues behind the tasks. Review collected by and hosted on G2.com.

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