What Accounting Software Does Google Use?

What Accounting Software Does Google Use? | Accounting Smarts
Charles Hall

Last updated by

Charles Hall

on

June 10, 2022

Major companies with lots of employees like Google require more advanced features when finding the right accounting software to operate effectively.

Major companies with lots of employees like Google require more advanced features when finding the right accounting software to operate effectively.

Google spent many years operating with Oracle EBS until recently in early 2021 they made the decision to move operations over the SAP. Companies like Google use custom plans on platforms like SAP, but they have similar access to the wide range of financial and automation features available.

A platform like SAP contains so many customization and advanced reporting options that it becomes an attractive solution for a large enterprise like Google. The software contains just about everything you need to run a business efficiently and Google is a perfect example of that.

Our team has analyzed the internal workings of SAP and researched the way Google runs its internal accounting processes. SAP is a new upgrade for Google but you will learn more about why they use this platform as their accounting software.

ShowHide

Table of contents

What Accounting Software Does Google Use?

Google uses SAP software as its internal accounting software to handle all tasks for finance and bookkeeping. This SAP software is used by other companies that have a complicated structure.

Google’s SAP system is global and decentralized. It has the ability to process transactions in different time zones and manages data from multiple locations. Google can also control processes with this system and help global organizations keep their finances in check.

SAP has been chosen as the internal accounting software by Google to manage operations for one of the largest teams in the world. SAP is not just an accounting software but also an ERP system to manage much more beyond basic bookkeeping tasks.

SAP is geared towards helping companies grow and reach their potential by providing business intelligence and enabling efficient data management across the cloud and on-premise.

What Is SAP?

SAP is an enterprise resource planning (ERP) software solution that helps companies achieve the highest levels of business performance. It also includes software modules for finance, accounting, procurement, production planning, and more.

SAP’s innovative cloud-based platform enables users to work anywhere at any time with their data anytime.

With SAP Accounting Software, you can easily store your data so it is always available to you and your team wherever you are. It is a seamless software that allows teams to collaborate without disruptions or issues in the day-to-day operations.

If you have multiple locations across different time zones, for example, SAP Accounting Software has built-in global synchronization options. It is the preferred choice by many large, major corporations because it can serve as more than just an accounting platform.

SAP also offers flexible implementations of the ERP software that can help companies be more efficient with their bottom line and stay ahead of the competition. It enables businesses to automate tedious accounting tasks, increase efficiency and provide data that can be used for decision making.

SAP Features

SAP is far more advanced with complex features when compared to a traditional accounting or bookkeeping software used by freelancers or small businesses. Large corporations require specific reporting and tracking capabilities unlike anything on the market, and they even built custom applications on top of SAP to expand the software even further.

However, SAP offers quite a few features worth mentioning that Google uses in their everyday routine to efficiently run one of the world’s biggest companies.

Tax Management

The tax management feature helps companies to better understand the tax implications of all relevant transactions. It also enables comprehensive monitoring, better efficiency, and optimized tax rules for compliance.

You have the ability to screen all relevant transactions features to help to filter out irrelevant transactions automatically. The larger your business gets, the more complex your tax processes become, and with software like SAP you can help your team handle everything much easier.

SAP's tax management can help minimize the impact of these new taxes by enabling comprehensive monitoring, better efficiency, optimized tax rules, and proper transaction scanning to never miss anything.

Billing and Revenue Management

Companies rely on billing systems to coordinate payments with their customers. With SAP’s Billing and Revenue Management feature, Google has the opportunity to save money in its operations by automating billing processes. They only need to input the data into the software once and then let it do its thing.

You also have full control over your financial accounts for transaction tracking, invoice matching, and receivables matching. The software relies on machine learning to properly track the money as it moves into or out of your organization.

This feature also provides full control over your customer database to integrate it seamlessly with your accounts. It works best with a variety of different models including subscription or billing-based businesses.

Streamlined Reconciliation

The streamlined reconciliation feature with SAP for accounting was introduced as a way for businesses to make compliance easier and more efficient. It provides flexibility and efficiency to businesses by allowing them to easily track transactions - either manually or automatically - over time.

This feature has been developed as a way for companies to do their compliance management as well as streamline their financial reporting process as they don't need any additional tools or data sources to run it anymore.

Streamlined reconciliation will prevent errors while generating journal entries to make it easier to track compliance management efforts and forms of periodic reconciliations over time. You should expect to see your accounts instantly become more accurate once making the change over to the SAP platform.

Profitability Management

The profitability management feature of SAP allows companies to make the most of their resources and finances by improving financial processes. It also helps them avoid pitfalls such as overspending on one business area or investment while neglecting others.

This feature can also be used by managers who want to prevent unproductive spending from happening again among their direct reports or employees who want to proactively reduce their spending on certain areas of work.

However, it is best served as a way to generate real-time insights into the business and see where performance is trending over a fixed time period. This feature improves the way that companies manage their finances by providing up-to-date information that helps them improve profitability.

Business Intelligence Analytics

SAP Business Intelligence Analytics helps companies track metric data, monitor KPIs, and identify opportunities to improve business operations. It eliminates the need to rely on multiple tools by providing one solution that integrates with SAP solutions.

The software gives insights into the performance of individual metrics as well as across all metrics within an organization by providing actionable data every day. It allows users to make decisions based on real-time reports.

Multi-Bank Connectivity

Multi-bank connectivity helps businesses to seamlessly move money between various banks, which means that businesses can enjoy higher liquidity and lower risk when dealing with transactions that need to take place across multiple banks.

This solution allows users to see all their payments in one system and automatically convert them into another system, saving time, reducing costs, and improving the quality of service.

Fully Integrated Processes

SAP provides the option for a large company like Google to compile all of its processes into one platform to manage. This includes everything financial and related to properly managing the accounting processes.

With this feature, organizations are able to combine their financials with other critical business functions like forecasting, reporting, and analytics. This helps simplify management reporting of the company by making it easier for executives who need quick access to relevant information related to their firm's performance.

SAP Pros & Cons

Pros

  • Highly customizable to suit your specific business needs
  • The full SAP suite of tools contains everything you will need as an enterprise
  • Analytics and data reporting are as advanced as you will ever find
  • Both desktop and cloud versions are available
  • Real-time reporting
  • Optimized for team collaboration

Cons

  • Difficult to learn for new users
  • Costly to get started

SAP Pricing

Because SAP is such a complex software, it is difficult to pinpoint a fixed price on how much it would cost to sign up for your business. Everything is done on a custom basis and with a company like Google, they are building many customizations into the platform for even more uncertainty into pricing.

SAP also provides many different products so it is unlimited in terms of how much you want to add-on to your plan. But for the ERP system, you are expected to pay a license fee or a software fee per month based on users.

We can estimate that licenses range between $1,600-$3,200 for perpetual licenses for a small number of users. If you are looking for a monthly license, it will be closer to $100 per month but features are more limited with fewer customization options.

The best way to find out about SAP pricing is by discussing it with a sales rep or implementation specialist. You can get this done by inquiring directly on the SAP website.

Charles Hall

Charles Hall

Charles has spent 25 plus years in the world of accounting and business. His experience includes working as a CPA/Auditor international accounting firms. He has worked as a controller and as a COO for small to medium sized companies.

Learn more about Charles Hall