Simplifying Financial Processes with SAP Fiori Applications
Many finance organizations rely on manual, spreadsheet-driven processes during financial closing cycles, creating inefficiencies, inconsistencies, and increased risk of human error.
Lighthouse helped modernize critical finance processes by designing and implementing intuitive SAP Fiori applications that streamlined period-end activities and improved operational efficiency.
The Challenge
A leading energy company was performing key financial closing activities through manual data exports, spreadsheet manipulation, and disconnected calculations.
This approach created several challenges:
Significant manual effort during period-end closing
High dependency on spreadsheets and local calculations
Increased risk of user errors and inconsistent results
Limited visibility into reconciliation and closing activities
Lack of standardized processes across teams
As financial processes grew in complexity, the organization needed a more efficient and reliable way to manage critical finance operations directly within SAP.
Our Solution
Lighthouse developed a suite of custom SAP Fiori applications designed to support and streamline financial closing activities.
The solution replaced manual, spreadsheet-based processes with intuitive, role-based applications that allowed users to perform reconciliations, accrual calculations, and account balance analysis directly within SAP. By leveraging live system data and embedded calculations, the applications provided greater transparency, improved accuracy, and reduced the need for manual data handling.
The user-centered design approach ensured the applications aligned with existing business processes while significantly improving usability and efficiency for finance teams.
Business Value
Key benefits include:
Automated calculations and SAP-native workflows eliminated significant manual work during period-end closing activities.
Standardized applications established a common approach to financial processes, reducing variations across teams and departments.
Removing spreadsheet-based calculations improved data integrity and reduced the potential for manual mistakes.
The reconciliation application alone delivered substantial time savings, enabling finance teams to focus on analysis rather than administrative activities.
Intuitive SAP Fiori interfaces improved usability and made critical finance processes easier to execute and maintain.
Technologies
SAP Fiori
SAP S/4HANA
SAP UI5
SAP Finance
SAP Launchpad
Enterprise UX Design
Process Optimization
Do you want to know more?
Get in touch with Linn Hansen to found out how we can solve your challenges.