With their latest database technology “High Performance Analytic Appliance” (HANA), SAP has revolutionized the database market by dramatically speeding up reports and transactions, fundamentally changing business processes. The solution, introduced for the first time in 2010, now serves as the foundation for applications running with higher performance – including Finance and Controlling. The new architecture for FI and CO based on HANA is called Financials Add-on for SAP Business Suite powered by SAP HANA.

This book will provide an introduction to:

* Understanding the basics of SAP HANA

* Examining already existing HANA applications in SAP Financials

* Understanding the concept behind the Financials Add-on

* Assessing the impact on business processes

After reading this book, readers will have a solid understanding of why a decision was made in Walldorf, Germany that the new proprietary in-memory database SAP HANA is the future of SAP’s solution portfolio.