SAP SEM BCS (Business Consolidation System) is a component of SAP Strategic Enterprise Management (SEM) that provides tools for financial consolidation, reporting, and analysis. It enables organizations to consolidate financial data from multiple subsidiaries or business units into a single, unified view, facilitating statutory reporting, management reporting, and performance monitoring. It streamlines the consolidation process, enhances data accuracy, and supports compliance with accounting standards. SAP has transitioned to S/4HANA Group Reporting as its strategic consolidation solution.
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