As per the provisions of Section 129 of Companies Act 2013 of India, the financial statements including Balance sheet, Profit & Loss and Cash flow shall be prepared in the specific form provided in new schedule III of the Act. The effective solution would be providing an end to end reporting processes that include embedded analytics, workflows, and audit trails.
For Indian Specific Statutory Reports
Built-in architecture based on SAP S/4HANA
Equipped with state-of-the-art features, the built-in SAP S/4HANA architecture helps you comply with global legal reporting regulations. Use and build on the latest technology innovations –SAP HANA, SAP Fiori, SAP S/4HANA Cloud integration, core data services, BRF+ output management and more.
SAP Advanced Compliance Reporting harnesses the power of SAP HANA in-memory technology to provide embedded analytics and on-the-fly calculations.
Real-time legal reporting using core data services
Use core data services to push down application logic to the database layer with zero downtime.
Simplified user experience based on SAP Fiori
The SAP Fiori user experience (UX) and app provides a unified process for generating compliance reports – across any device