SAP Advanced Financial Closing Pros and Cons: Top 5 Advantages and Disadvantages

Quick AI Summary Based on G2 Reviews

Generated from real user reviews

Users value the ease of use of SAP Advanced Financial Closing, enjoying its user-friendly design and minimal error potential. (2 mentions)

Users appreciate the organized centralized closing calendar of SAP Advanced Financial Closing, enhancing visibility and workflow efficiency. (2 mentions)

Users value the automation capabilities of SAP Advanced Financial Closing, enhancing efficiency and reducing errors. (1 mentions)

Users value the enhanced consistency of SAP Advanced Financial Closing, streamlining their financial close processes across all periods. (1 mentions)

Users appreciate the centralized visibility and control of SAP Advanced Financial Closing, enhancing workflow and reducing manual tracking. (1 mentions)

Users face difficult setup challenges with SAP Advanced Financial Closing, hindering timely analysis and reporting capabilities. (1 mentions)

Users face significant Excel integration issues, leading to slow performance and limited reporting capabilities. (1 mentions)

Users face inefficient reporting with SAP Advanced Financial Closing, leading to slow performance and limited analysis capabilities. (1 mentions)

Users experience slow performance in SAP Advanced Financial Closing, heavily relying on the ABAP team for improvements. (1 mentions)

Users find the usability challenging for newcomers, suggesting that a simplified interface would enhance their experience. (1 mentions)

5 Pros or Advantages of SAP Advanced Financial Closing

1. Ease of Use

Users value the ease of use of SAP Advanced Financial Closing, enjoying its user-friendly design and minimal error potential.

See 2 mentions

See Related User Reviews

BB

Bojqn B.

Enterprise (> 1000 emp.)

3.5/5

"Bojan User-friendly closing calendar, but slow and limited for reporting"

What do you like about SAP Advanced Financial Closing?

More organizated centralized closing calendar. See where is blocking point Posible automatizate sap transactions. User friendly, option to make mist

MJ

max j.

4.5/5

"Centralized Control and Enhanced Efficiency"

What do you like about SAP Advanced Financial Closing?

I use SAP Financial Closing Cockpit to control and track monthly, quarterly, and yearly financial close tasks, which helps in standardizing our workfl

2. Organization

Users appreciate the organized centralized closing calendar of SAP Advanced Financial Closing, enhancing visibility and workflow efficiency.

See 2 mentions

See Related User Reviews

BB

Bojqn B.

Enterprise (> 1000 emp.)

3.5/5

"Bojan User-friendly closing calendar, but slow and limited for reporting"

What do you like about SAP Advanced Financial Closing?

More organizated centralized closing calendar. See where is blocking point Posible automatizate sap transactions. User friendly, option to make mist

MJ

max j.

4.5/5

"Centralized Control and Enhanced Efficiency"

What do you like about SAP Advanced Financial Closing?

I use SAP Financial Closing Cockpit to control and track monthly, quarterly, and yearly financial close tasks, which helps in standardizing our workfl

3. Automation

Users value the automation capabilities of SAP Advanced Financial Closing, enhancing efficiency and reducing errors.

See 1 mentions

See Related User Reviews

BB

Bojqn B.

Enterprise (> 1000 emp.)

3.5/5

"Bojan User-friendly closing calendar, but slow and limited for reporting"

What do you like about SAP Advanced Financial Closing?

More organizated centralized closing calendar. See where is blocking point Posible automatizate sap transactions. User friendly, option to make mist

4. Consistency

Users value the enhanced consistency of SAP Advanced Financial Closing, streamlining their financial close processes across all periods.

See 1 mentions

See Related User Reviews

MJ

max j.

4.5/5

"Centralized Control and Enhanced Efficiency"

What do you like about SAP Advanced Financial Closing?

I use SAP Financial Closing Cockpit to control and track monthly, quarterly, and yearly financial close tasks, which helps in standardizing our workfl

Here's how.

JD

Jess D.

Accountant

Enterprise (> 1000 emp.)

6/28/2022

"It is a good system"

4.5/5

What do you like best about SAP Advanced Financial Closing?

SAP Financial Closing Cockpit is best to, please see below

1. Automate your closing cycle

2.Improve collaboration

3.Support auditing activities Review collected by and hosted on G2.com.

What do you dislike about SAP Advanced Financial Closing?

There could be some issues with the system but they are resolved in a timely manner. Review collected by and hosted on G2.com.

UB

Verified User in Broadcast Media

Enterprise (> 1000 emp.)

6/10/2022

"SAP Financial Closing Cockpit"

4/5

What do you like best about SAP Advanced Financial Closing?

its user friendly and time-saving as compered to other apps available in the market Review collected by and hosted on G2.com.

What do you dislike about SAP Advanced Financial Closing?

there is no way that I don't like the app Review collected by and hosted on G2.com.

PM

Priyanka M.

Senior Consultant

Enterprise (> 1000 emp.)

3/29/2022

"Good interlinking"

4/5

What do you like best about SAP Advanced Financial Closing?

It interconnects various things like Inventory records to purchase, and ending to booking financials. Review collected by and hosted on G2.com.

What do you dislike about SAP Advanced Financial Closing?

It is difficult to understand initially. Review collected by and hosted on G2.com.

UA

Verified User in Accounting

Mid-Market (51-1000 emp.)

Originally submitted 12/9/2021

"Financial closing cockpit- SAP is the best!"

4.5/5

What do you like best about SAP Advanced Financial Closing?

A lot of wonderful features. The accessibility. Can be better understood. Learn a lot of things. MIRO, FB65, F-02, MR8M, Cockpit. No idea how can this be compared. Review collected by and hosted on G2.com.

What do you dislike about SAP Advanced Financial Closing?

The entire data is gone if some error occurred. SAP sometimes used to hang, because of which had to process the invoice from beginning. Saving of data, which can be edited if some error occurs. Review collected by and hosted on G2.com.