SAP Central Finance Solution Extensions Now Backed by insightsoftware
Key Takeaways
⇨ Organizations must have a holistic view into their financial processes.
⇨ insightsoftware now backs two solutions extensions: Transaction Replication and Master Data Replication.
⇨ Organizations can use these solutions to create a precise master data record that powers finance processes.
For years, SAP users who implemented SAP Central Finance solution extensions by Magnitude have benefited from the accelerated connection between Central Finance and their other disparate systems. After being acquired at the end of 2021, Magnitude’s CFin products are now powered by insightsoftware.
The two solution extensions, Transaction Replication and Master Data Replication, are now backed by insightsoftware, a leading financial reporting vendor for ERPs.
Throughout 2022, insightsoftware made significant investment and improvements to these solution extensions and the support provided to SAP customers, including hiring 47 new service and product management specialists.
With the official change from Magnitude, insightsoftware will continue to bring best-in-class transaction and master data replication abilities to SAP CFin customers, allowing them to integrate third-party data into their implementation.
“It’s critical for organizations to have a holistic view of their financial processes. With insightsoftware solution extensions, businesses are equipped with a full set of data to evaluate and understand their financials. Most SAP customers leverage SAP and other data sources, which makes our technology critical. We aggregate all financial transactions in one place,” said Doug Corpuel, Vice President of insightsoftware.
With insightsoftware’s solutions for SAP Central Finance, companies can create a precise master data record that powers finance processes, view third-party operational details, and normalize transactions in real time. The solution extensions are proven to enable faster and more cost-effective Central Finance implementations for SAP users.
For more information, visit SAP.com.
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