By integrating with SAP S/4HANA®, the application delivers a pre-configured subledger solution for financial instruments based on best practices and ready-to-use data and accounting definition sheets
Cologne — April 1st — ifb group today announced that its Packaged Solution for Flexible Financial Instruments Accounting is now available on SAP® Store, the online marketplace for SAP and partner offerings. Packaged Solution for Flexible Financial Instruments Accounting (PS-FFIA) integrates with SAP S/4HANA® to deliver a pre-configured subledger solution for financial instruments based on best practices and ready-to-use data and accounting definition sheets.
“With the Packaged Solution for Flexible Financial Instruments Accounting we enable customers to create tangible business benefits at an early stage of each financial products subledger (FPSL) implementation that deals with financial instruments,” says Dr. Daniel Ruschmeier, Partner and Global Head of SAP Innovation & Excellence at ifb group. “Content and delivery methodology go hand-in-hand and are based on our 20+ years of experience with subledger implementations in the financial services industry.”
The modularity inherent in the solution allows customers to pick and choose to use just what they need at a given time and then add extensions at later stages.
“We see the Packaged Solution as the ideal addition to the FPSL application when it comes to realizing subledger solutions for financial instruments,” says Ruschmeier.
SAP Store, found at store.sap.com, delivers a simplified and connected digital customer experience for finding, trying, buying and renewing more than 2,000 solutions from SAP and its partners. There, customers can find the SAP solutions and SAP-validated solutions they need to grow their business. And for each purchase made through SAP Store, SAP will plant a tree.
ifb group is an SAP gold partner in the SAP PartnerEdge® program. The SAP PartnerEdge program provides the enablement tools, benefits and support to facilitate building high-quality, disruptive applications focused on specific business needs – quickly and cost-effectively.
About ifb SE
ifb SE is an SAP gold partner in the SAP PartnerEdge® program specializing in finance and risk transformation projects at insurances and banks.
For more than two decades, ifb SE has been an SAP partner in the financial services sector, focusing particularly on SAP solutions for insurance companies and banks, such as applications for general ledger and subledger accounting, risk and performance management, planning and simulation as well as consolidation.
Thanks to our many years of experience, we are one of the world's leading providers for the design, implementation, customer-specific extension and operation of SAP products for the banking and insurance industries.
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