SAP S/4HANA Finance and Central Finance Market Report 2024

This benchmark report provides an analysis of the current state of SAP S/4HANA Finance and Central Finance as of 2024. It outlines the challenges faced by finance and accounting teams in the context of an unstable global economic climate. The report is based on a survey conducted with 155 members of the SAP finance community, aiming to understand their business priorities and challenges regarding SAP S/4HANA Finance deployments. Key findings indicate that organizations are increasingly focused on application and system consolidation, a shift from previous years where digital transformation was the primary goal. The report details the importance of improved reporting, planning, and insights as the main drivers for adopting SAP S/4HANA Finance. Additionally, it highlights trends such as the preference for a brownfield approach to migration and the significance of having cleansed and harmonized master data to support business priorities. The report concludes with recommendations for organizations to enhance their SAP S/4HANA Finance strategies.