'... Foreword ... 15§§... Preface ... 17§§... Acknowledgments ... 25§§1 ... Introduction ... 27§§1.1 ... Market Trends ... 27§§1.2 ... Leadership Trends ... 29§§1.3 ... Technology Trends ... 32§§1.4 ... Introducing SAP S/4HANA Finance ... 33§§... Part I: Exploring the SAP S/4HANA Finance Model ... 63§§2 ... In-Memory Technology and SAP HANA ... 65§§2.1 ... Keeping Data in Memory ... 67§§2.2 ... Columnar Data Organization ... 69§§2.3 ... Data Encoding and Compression ... 72§§2.4 ... Parallel Execution ... 75§§2.5 ... Delta Store and Merge ... 77§§3 ... Removal of Redundancy ... 81§§3.1 ... Benefits of a Redundancy-Free System ... 82§§3.2 ... In-Memory Technology Removes Redundancy ... 86§§3.3 ... Simplifying the Core Data Model ... 89§§3.4 ... Immediate Benefits of the New Data Model ... 92§§4 ... Nondisruptive Innovation ... 97§§4.1 ... Compatible Refactoring ... 98§§4.2 ... Transitioning to SAP S/4HANA Finance ... 101§§5 ... Unlimited Flexibility Based on Line Items ... 105§§5.1 ... Gaining Unparalleled Insights ... 105§§5.2 ... Removing Predefined Aggregates ... 107§§5.3 ... Deciding without Information Loss ... 110§§5.4 ... Optimizing Operations with Big Data ... 113§§5.5 ... Innovating with Line Item Granularity ... 115§§6 ... Finance in Real Time ... 117§§6.1 ... Accepting the Limits of Retroactive Analysis ... 118§§6.2 ... Benefitting from Real-Time Finance ... 120§§6.3 ... Identifying Real-Time Finance Patterns ... 126§§6.4 ... Becoming a Real-Time Finance Company ... 128§§... Part II: Using SAP S/4HANA Finance ... 133§§7 ... Building Blocks of SAP S/4HANA Finance ... 135§§7.1 ... Seeing the Big Picture ... 135§§7.2 ... Reloading SAP ERP Financials Functionality ... 138§§7.3 ... New Applications in SAP S/4HANA Finance ... 143§§8 ... Single Source of Truth: Universal Journal ... 147§§8.1 ... Mastering Business Challenges without SAP HANA ... 147§§8.2 ... New SAP HANA-Based Architecture ... 151§§8.3 ... Immediate Benefits of the New Model ... 156§§8.4 ... Building on Top of the Universal Journal ... 162§§9 ... Flexible Reporting ... 169§§9.1 ... The Challenge of Flexible Operational Reporting Needs ... 170§§9.2 ... Addressing Challenges Using SAP S/4HANA Finance ... 173§§9.3 ... Conceptual Advances in Reporting ... 178§§9.4 ... Advances for End Users ... 180§§10 ... Flexible Analytics with Core Data Services ... 185§§10.1 ... Replacing Complex Analytics with Simplicity ... 186§§10.2 ... Paradigms of Core Data Services in SAP S/4HANA ... 187§§10.3 ... Building Blocks of Core Data Services in SAP S/4HANA ... 190§§10.4 ... Unified View of Data for Analytics ... 194§§11 ... SAP S/4HANA Finance Applications ... 197§§11.1 ... Business Cockpits for Businesspeople ... 197§§11.2 ... Financials Operations ... 205§§11.3 ... Ariba Network Integration ... 212§§11.4 ... Cash Management ... 216§§11.5 ... SAP Business Planning and Consolidation for Finance ... 227§§11.6 ... Profitability ... 236§§11.7 ... Financial Closing and Consolidation ... 242§§11.8 ... Revenue Accounting ... 249§§11.9 ... Real-Time Governance and Compliance ... 254§§12 ... Revamping the User Experience with SAP Fiori Apps ... 263§§12.1 ... SAP Fiori Design Philosophy ... 264§§12.2 ... Developing Intuitive Products ... 265§§12.3 ... SAP Fiori Design Principles in SAP S/4HANA Finance ... 266§§12.4 ... SAP Fiori Application Framework and Finance ... 271§§12.5 ... Extending SAP Fiori ... 274§§... Part III: Running SAP S/4HANA Finance ... 279§§13 ... Deploying SAP S/4HANA Finance ... 281§§13.1 ... On-Premise Edition ... 282§§13.2 ... Cloud Editions ... 288§§13.3 ... Managed Cloud Options ... 289§§13.4 ... Extensibility ... 296§§14 ... Landscape Consolidation with Central Finance ... 299§§14.1 ... Harmonization and Standardization ... 300§§14.2 ... Principles and Capabilities ... 304§§14.3 ... Evolution to an Operat