What is SAP Financial?

SAP Financials (now often encompassed within SAP S/4HANA Finance) refers to a suite of software solutions offered by SAP for managing a company's financial processes. This includes accounting, financial planning and analysis (FP&A), treasury and risk management, and compliance. It's commonly used by businesses of all sizes to streamline financial operations, improve accuracy, and gain better insights into their financial performance. It integrates various modules such as General Ledger (GL), Accounts Payable (AP), Accounts Receivable (AR), Asset Accounting (AA), and Controlling (CO).