... Foreword ... 15§§... Preface ... 17§§... Acknowledgments ... 25§§1 ... Introduction ... 27§§1.1 ... Market Trends ... 27§§1.2 ... Leadership Trends ... 29§§1.3 ... Technology Trends ... 31§§1.4 ... Introducing SAP Simple Finance ... 32§§Part I ... Exploring the SAP Simple 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 ... 74§§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 Simple 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 ... 112§§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 ... 127§§7 ... Data Aging ... 131§§7.1 ... Information Lifecycle ... 131§§7.2 ... Traditional Approach: Archiving ... 133§§7.3 ... Modern Approach: Data Aging ... 134§§7.4 ... Vision ... 138§§Part II ... Using SAP Simple Finance ... 141§§8 ... Building Blocks of SAP Simple Finance ... 143§§8.1 ... Seeing the Big Picture ... 143§§8.2 ... Reloading SAP ERP Financials Functionality ... 146§§8.3 ... New Applications in SAP Simple Finance ... 151§§9 ... Single Source of Truth: Universal Journal ... 155§§9.1 ... Mastering Business Challenges without SAP HANA ... 155§§9.2 ... The New SAP HANA-Based Architecture ... 159§§9.3 ... Immediate Benefits of the New Model ... 164§§9.4 ... Building on Top of the Universal Journal ... 170§§10 ... Flexible Reporting ... 177§§10.1 ... The Challenge of Flexible Operational Reporting Needs ... 178§§10.2 ... Addressing the Challenges Using SAP Simple Finance ... 181§§10.3 ... Conceptual Advances in Reporting ... 185§§10.4 ... Advances for End Users ... 187§§11 ... Flexible Analytics and SAP HANA Live ... 191§§11.1 ... Replacing Complex Analytics with Simplicity ... 192§§11.2 ... SAP HANA Live Paradigms ... 193§§11.3 ... SAP HANA Live Architecture ... 196§§11.4 ... Unmatched Operational Intelligence ... 200§§12 ... SAP Simple Finance Applications ... 203§§12.1 ... Business Cockpits for Business People ... 203§§12.2 ... Financials Operations ... 210§§12.3 ... Ariba Networks Integration ... 217§§12.4 ... Cash Management ... 221§§12.5 ... Integrated Business Planning for Finance ... 232§§12.6 ... Profitability ... 241§§12.7 ... Financial Closing and Consolidation ... 247§§12.8 ... Revenue Accounting ... 254§§12.9 ... Real-Time Governance and Compliance ... 259§§13 ... Revamping the User Experience with SAP Fiori Apps ... 267§§13.1 ... The Design Philosophy of SAP Fiori ... 268§§13.2 ... Developing Intuitive Products ... 269§§13.3 ... SAP Fiori Design Principles in SAP Simple Finance ... 270§§13.4 ... SAP Fiori Application Framework and Finance ... 274§§13.5 ... Extending SAP Fiori ... 278§§Part III ... Running SAP Simple Finance ... 283§§14 ... Deploying SAP Simple Finance ... 285§§14.1 ... The Classic On-Premise Deployment ... 286§§14.2 ... SAP HANA Enterprise Cloud Deployment ... 290§§15 ... Landscape Consolidation with Central Finance ... 299§§15.1 ... Harmonization and Standardiza