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By freeing your system of the constraints of precomputed data models, we also open up your system to a more agile way of computing, allowing financial analysts to quickly experiment with what-if models while speeding quarterly closes.
refer to the physical storage of derived and redundant data in a database.
Hence, the decision for SAP Simple Finance was clear: the previously existing materialized views have been removed and replaced by compatibility views.
Although these are already big breakthroughs, the most important advantage of SAP Simple Finance is the dramatically improved flexibility that, for example, encourages exploring the data according to various analysis needs and contributes to the success of Simple Finance as an information system.Historically, redundant data has nevertheless often been stored explicitly only to improve read performance, as the calculations to derive it in the absence of materialization required too much additional effort.For years, enterprise applications have employed redundant data storage in order to provide sufficient performance to users in transactional and analytical applications alike.We demonstrate the positive impact of the new data model on database footprint and transactional throughput.While we focus on the Financial Accounting component, other components such as Management Accounting (Controlling) have similarly been changed, so our comments apply to Simple Finance as a whole.