It’s newer version of FCC and working effectively in close orchestration. It has saved time for users to be hands on in execution of tasks. It provides monitoring. Review collected by and hosted on G2.com.

It’s getting replaced by AI. SAP seems to outdate its own product and in this case it should consider a seamless conversion to transit similar capabilities Review collected by and hosted on G2.com.

The ability to drill down in SAP is super helpful. You can easily drill down from a TB into the GL, then into a bill, payment details, or an invoice, and even into a goods receipt and related payment details. Review collected by and hosted on G2.com.

Sometimes it can be difficult to search for a report unless you have the appropriate SAP code. Other than that, I think SAP is really user-initiative and easy to work with. Review collected by and hosted on G2.com.

What I like most about SAP Financial Closing Cockpit is the control and visibility of the centralized closing process. It solves problems for me such as the lack of visibility and control during the closing, and facilitates coordination between teams. Review collected by and hosted on G2.com.

I believe that the user interface could be more intuitive, and that the initial setup can be somewhat complex. Additionally, improving customization and flexibility with the reports would be very good. Review collected by and hosted on G2.com.

More organizated centralized closing calendar. See where is blocking point

Posible automatizate sap transactions.

User friendly, option to make mistakes are minimum. Review collected by and hosted on G2.com.

Everithing is slow depand of ABAP team.

Set up not posible change during the time.

Low posibility use for analysis and reporting.

Not compatible with excel Review collected by and hosted on G2.com.

The SAP Financial Closing Cockpit is really helpful for managing your company's month-end or year-end financial closing process. It tracks all the different tasks that need to be completed, showing you when they started, how long they took, and when they finished. This gives you a clear overview of the entire closing cycle. The software also lets you compare your actual closing process to your planned timeline, so you can identify any delays or issues. Overall, it provides a lot of visibility and control over your financial closing. Review collected by and hosted on G2.com.

The main downside of the SAP Financial Closing Cockpit is that it doesn't actually do the closing tasks itself. It just monitors and coordinates the closing process, but the individual accounting tasks still have to be run separately within the main SAP finance system. Some companies may prefer a more all-inclusive solution that handles the entire closing process end-to-end, rather than just overseeing it. Review collected by and hosted on G2.com.

We are using it daily work, Navigating through the SAP Financial Closing Cockpit is intuitive, thanks to its user-friendly interface and its implementation is good. Users can easily access relevant financial data, track progress, and manage tasks effectively. The customizable dashboard provides real-time insights, empowering users to make informed decisions and streamline the closing process. Additionally, customer support is very helpful in some problems and integration with SAP modules overall enhances operational efficiency. Review collected by and hosted on G2.com.

Whether it's defining workflows, configuring reports, or adapting to regulatory changes, but you should give more options and reports in SAP Financial Closing Cockpit which can be customized to align with organizational needs. Review collected by and hosted on G2.com.

It streamlines the financial closing process by automating routine tasks, reducing manual effort, and enabling parallel processing of activities Review collected by and hosted on G2.com.

Maintaining and supporting the Financial Closing Cockpit requires dedicated resources, including skilled IT staff and finance professionals. SMEs with limited resources may struggle to allocate sufficient personnel to manage the system effectively. Review collected by and hosted on G2.com.

SAP Financial Closing Cockpit helps you faster closing of the books. It automates tasks, improves teamwork, and gives you better insights with reports and dashboards streamlining the whole process. Review collected by and hosted on G2.com.

Setting up SAP Financial Closing Cockpit can be tough. There's also an extra cost on top of your regular SAP fees and it might turn out to be costlier. But if you can gain value out of it. It can streamline your financial closing process and improve overall financial health. Review collected by and hosted on G2.com.

It's generally helpful and easy to use. It played a major role in solving my tasks in a very organized way. Review collected by and hosted on G2.com.

It needs to be developed in a tasks filtering way which helps in keeping spam aside. Review collected by and hosted on G2.com.

The software automates your closing cycles, provides accountability and improves collaboration among task owners. Review collected by and hosted on G2.com.

The window to close a cycle can be restrictive and often time making it impossible close all invoices and expenses within the aloted time frame. Review collected by and hosted on G2.com.