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Future-proof accounting and financial steering

Modern, high performing finance requires granular, accurate, and timely finance data. Is your system ready to keep up? The Financial Products Subledger (FPSL) simplifies your architecture, creating a single source of truth to put you in control. We connect your operational and finance systems through a single hub so you can embrace new business models, launch products, and keep up with key regulations, including IFRS 9, IFRS 17 and US GAAP.

Proven results from hundreds of financial institutions worldwide

1 bn

journal entries created per hour

50%

faster month-end closing processes

20%

of employee time and effort saved

Where modern finance meets long-term vision

  • Centralize control and management of posting rules and accounting treatments for a consistent approach to generating accounting journal entries, in line with accounting standards.

  • Reduce reporting time and gain full audit trail visibility with end-to-end control over accounting calculations and journal postings.

  • Quickly break down and analyze summarized GL information, enable self-service multi-dimensional views, and efficiently introduce new products, accounting treatments, and regulatory mandates.

  • Automate error handling, eliminate manual reconciliation, and provide drillable balance sheets and income statements with detailed granularity with no manual work.

“For us it was quite a natural expansion to use FPSL, the Financial Products Subledger system. It’s really a paradigm shift because it’s the first time for us as a group that we have one combined subledger across all of our businesses, be primary or reinsurance.”

Robert Lempertseder

Head of Financial and Regulatory Reporting at Munich Re

Key functionalities

General ledger agnostic

Enhance your general ledger reporting and performance without disruptive rebuilds. Improve financial performance without massive disruption.

Scalable architecture

Integrate new acquisitions and adapt to organizational changes without continuously reinvesting in technology.

Defensible reporting

Transparent at every level of reporting and pre-configured to comply with international accounting standards.

Cloud-ready deployment

Deployable for both cloud and on-premises environments to meet business and IT requirements.

Extensive product coverage

Cater to all business lines across banking, capital markets, and insurance with a single system.

Pre-configured business content

Accelerate implementation with business content ready tailored to your needs with minimal operational risk.

Regulator and audit ready

High integrity, transparent, and defensible finance data easily available for auditors and regulators.

Proven technology

Trusted by 150+ banks and insurers globally to streamline reporting and increase visibility.

  • General ledger agnostic

    Enhance your general ledger reporting and performance without disruptive rebuilds. Improve financial performance without massive disruption.

  • Scalable architecture

    Integrate new acquisitions and adapt to organizational changes without continuously reinvesting in technology.

  • Defensible reporting

    Transparent at every level of reporting and pre-configured to comply with international accounting standards.

  • Cloud-ready deployment

    Deployable for both cloud and on-premises environments to meet business and IT requirements.

  • Extensive product coverage

    Cater to all business lines across banking, capital markets, and insurance with a single system.

  • Pre-configured business content

    Accelerate implementation with business content ready tailored to your needs with minimal operational risk.

  • Regulator and audit ready

    High integrity, transparent, and defensible finance data easily available for auditors and regulators.

  • Proven technology

    Trusted by 150+ banks and insurers globally to streamline reporting and increase visibility.

See how customers are succeeding with SAP Fioneer

More customer stories

How Munich RE completed its IFRS17 transformation and harmonized their systems and processes

Robert Lempertseder, Head of Financial and Regulatory Reporting at Munich Re talks about how they are transforming reinsurance with the help…

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