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Software Functionality Revealed in Detail
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 consolidated and efficient finance processes sap

Software Functionality Revealed in Detail

We’ve opened the hood on every major category of enterprise software. Learn about thousands of features and functions, and how enterprise software really works.

Get free sample report
Compare Software Solutions

Visit the TEC store to compare leading software by functionality, so that you can make accurate and informed software purchasing decisions.

Compare Now

Discrete Manufacturing (ERP)

The simplified definition of enterprise resource planning (ERP) software is a set of applications that automate finance and human resources departments and help manufacturers handle jobs such as order processing and production scheduling. ERP began as a term used to describe a sophisticated and integrated software system used for manufacturing. In its simplest sense, ERP systems create interactive environments designed to help companies manage and analyze the business processes associated with manufacturing goods, such as inventory control, order taking, accounting, and much more. Although this basic definition still holds true for ERP systems, today its definition is expanding. Today’s leading ERP systems group all traditional company management functions (finance, sales, manufacturing, and human resources). Many systems include, with varying degrees of acceptance and skill, solutions that were formerly considered peripheral such as product data management (PDM), warehouse management, manufacturing execution system (MES), and reporting. During the last few years the functional perimeter of ERP systems began an expansion into its adjacent markets, such as supply chain management (SCM), customer relationship management (CRM), business intelligence/data warehousing, and e-business, the focus of this knowledge base is mainly on the traditional ERP realms of finance, materials planning, and human resources. The foundation of any ERP implementation must be a proper exercise of aligning customers'' IT technology with their business strategies, and subsequent software selection. 

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Documents related to » consolidated and efficient finance processes sap

Managing Risk through Financial Processes: Embedding Governance, Risk, and Compliance


Initiatives to automate and streamline financial processes often focus more on reducing costs than adding value. Adding the kind of value you should have in your financial processes stands at the heart of a broader initiative known as governance, risk, and compliance (GRC). Learn why embedding the components of GRC within your financial processes can help you track financial flows and alert you when things might go awry.

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Contributing to the Rejuvenation of Legacy Systems in the Enterprise Resource Planning Field


With its focus on service-oriented architecture, SSA Global appears to be sticking to its pledge to protect the user's investment as much as it can, while still modernizing the users' applications.

consolidated and efficient finance processes sap  to give a single, consolidated view of the user enterprise, while they also enhance intracompany communication by providing the ability for employees to collaborate more effectively with the desktop and each other. Decision-making services provide reporting, analysis, and monitoring tools to decision makers within the user company, so that they can make informed decisions via better and faster manipulation, configuration, and analysis of business information. Under the SSA CPM suite (which is powered by Read More

The Renewed Finance Function: Extending Performance Management Beyond Finance


The role of the finance team has changed recently, due to increased oversight from regulators, more active investors, and company-specific changes in business operations. What steps are companies taking to respond to the internal and external forces? Find out how finance often repairs core finance and operating activities, as exposed in the results of a survey and a series of interviews among senior finance executives.

consolidated and efficient finance processes sap  systems has to be consolidated and tasks must be coordinated across operating units located in different locations and time zones. Businesses can great- ly reduce the time and effort required to close the books by investing in technology that helps to standardize, automate, and coordinate the companywide closing process. The right products can enable more consistent processes and better task coordination, collaboration, and workflow needed to efficiently close the books. And when these products allow Read More

Not Small Change: World-class Financial Automation Delivers Dramatic Benefits


Automating finance processes—such as closing the books, reporting, and other labor-intensive processes—reduces finance costs. By streamlining financial processes, you can spend more time on higher-value responsibilities and help ensure your company has a competitive advantage. Find out about the financial solutions many financial managers are implementing to automate their financial processes and financial transactions.

consolidated and efficient finance processes sap  multiple systems must be consolidated and tasks coordinated across operating units located in different locations and time zones. The time and effort of closing the books can be greatly reduced through technology investments that help standardize, automate and coordinate the companywide closing process. Leading companies are benefiting from technology solutions that enable more consistent processes, better task coordination, collaboration and workflow required for closing the books. Graphical tools also Read More

Building a Best-run Finance Organization: A New Role to Address Today’s Business Realities


One company executive has a growing influence in today’s boardroom—the chief financial officer (CFO). And the role of the finance organizations that these CFOs lead is expanding as well. Examine the changing role of the finance organization in today’s business environment, learn how your CFO can take on a more prominent role in defining company strategy, and find out how you can develop a best-run finance organization.

consolidated and efficient finance processes sap  making critical business decisions. Consolidated. It is inefficient to implement process or regulatory changes that affect an entire organization on a system-by-system or subdivision basis. A common technical platform can eliminate this potentially costly requirement. Striking a Balance The best-run finance organization will continue to address near-term priorities while helping to chart long-term business direction. As a result, the mission of today’s finance organization is truly both tactical and Read More

SAP Bolsters NetWeaver's MDM Capabilities Part Two: xCat and SAP MDM


SAP purports that SAP MDM also lays the foundation for efficient and accurate exchange of cross-business information. Consumer products companies, for instance, can exchange timely product information with retail distributors, avoid costly inaccuracies, enhance merchandizing, and improve supply chain operations.

consolidated and efficient finance processes sap  Bolsters NetWeaver''s MDM Capabilities Part Two: xCat and SAP MDM What xCat Offers SAP NetWeaver , has become the main pillar of SAP AG ''s (NYSE: SAP) strategy to remake itself into a platform vendor. With this and mySAP Business Suite , the broadest suite of enterprise applications in the market, SAP will sell possibly everything from application servers via middleware to Web services (envisioned, in SAP''s case, to orchestrate business processes by means of packaged composite applications across and Read More

Emerging SAP Retail Solution: SAP Ganges, Powered by HANA


Many people may not know that 40 percent of the word's retailers are located in India—about 9.8 million retailers, many of them small one-person businesses, supply the whole nation. These businesses face many challenges: stock-outs, supply, pricing, and competition. And they are feeling the pressure of managing their inventory levels and their ability to anticipate demand.

consolidated and efficient finance processes sap  SAP Retail Solution: SAP Ganges, Powered by HANA Many people may not know that 40 percent of the word’s retailers are located in India—about 9.8 million retailers, many of them small one-person businesses, supply the whole nation. These businesses face many challenges: stock-outs, supply, pricing, and competition, just to name a few. And working capital–strapped small retail business owners in India are feeling the pressure of managing their inventory levels and their ability to anticipate Read More

SAP Acquires TopTier To Further Broaden Its Horizons


In a move designed to increase its presence in enterprise portals and integrated business intelligence, SAP AG has announced an agreement to purchase TopTier Software for approximately $400 million USD in cash. TopTier’s products are already integrated with SAP’s mySAP Workplace, so the acquisition should be painless and have little negative effect on SAP’s 2001 earnings per share.

consolidated and efficient finance processes sap  Acquires TopTier To Further Broaden Its Horizons SAP Acquires TopTier To Further Broaden Its Horizons M. Reed - April 17, 2001 Event Summary SAP AG (NYSE: SAP), a major provider of e-business software solutions, and TopTier Software, Inc . (privately held) have announced that the two companies have signed a definitive agreement for SAP to acquire TopTier, subject to the approval of antitrust authorities. TopTier has been an SAP partner since 1999 and parts of its technology are already integrated and Read More

SAP Releases Value Maps for Easier SAP Enterprise Support Navigation


SAP has announced SAP Enterprise Support value maps. The value maps are delivered via the SAP Enterprise Support Academy program, a dedicated portal with flexible entry points and aggregated views on learning assets and services content combining training, support, and deployment of best practices. They are an intelligent selection mechanism to help customers find the right services and tools.
consolidated and efficient finance processes sap  Releases Value Maps for Easier SAP Enterprise Support Navigation SAP has announced  SAP Enterprise Support value maps . The value maps are delivered via the SAP Enterprise Support Academy program, a dedicated portal with flexible entry points and aggregated views on learning assets and services content combining training, support, and deployment of best practices. They are an intelligent selection mechanism to help customers find the right services and tools. With more than 350 single services, SAP Read More

SAP PLM


SAP PLM integrates all participants in the development process: designers, suppliers, manufacturers, and customers. SAP's product attempts to keep engineering from being a linear value chain, but rather a three-dimensional, collaborative community focused on a common goal. SAP PLM provides a solution for companies that require proactive quality management to improve equipment and plant performance. SAP PLM is delivered through mySAP Enterprise Portal, which is a role-based portal solution. The solution provides Web-based access to internal and external content, applications, and services. SAP PLM integrates with mySAP Supply Chain Management, mySAP Customer Relationship Management, mySAP Supplier Relationship Management, mySAP Exchanges, and SAP's enterprise resource planning (ERP) offerings.  

consolidated and efficient finance processes sap  PLM SAP PLM integrates all participants in the development process: designers, suppliers, manufacturers, and customers. SAP''s product attempts to keep engineering from being a linear value chain, but rather a three-dimensional, collaborative community focused on a common goal. SAP PLM provides a solution for companies that require proactive quality management to improve equipment and plant performance. SAP PLM is delivered through mySAP Enterprise Portal, which is a role-based portal solution. The Read More

SAP Thrives On Competitors' Plight, In Part


SAP announced upbeat results for Q2 2001 and reconfirmed the positive outlook for the rest of the year amid the bloodbath of many of its competitors. However, negative license revenue growth in the US, a likely cascading economic slowdown from the US to other markets, and net profit restatement owing to the investment in money burning Commerce One, may give rise to a careful scrutiny and moderate caution.

consolidated and efficient finance processes sap  Thrives On Competitors'' Plight, In Part SAP SAP Thrives On Competitors'' Plight, In Part P.J. Jakovljevic - August 17, 2001 Event Summary SAP AG (NYSE: SAP), the leading provider of business software solutions, announced strong sales and profit performance for the second quarter ended June 30, 2001. In Q2 2001, revenues increased 24% over the same period last year from EUR 1.5 billion to EUR 1.85 billion (See Figure 1). Net income in the quarter grew up 78% to EUR 424 million compared to EUR 246 million Read More

The Road to SAP HANA: A Choice of Paths to Take


SAP HANA is an innovative platform that is transforming data processing as we know it. But should your organization adopt this technology or postpone the decision and see how others have fared with it first? Read this paper and see what SAP HANA means for business processes and information technology (IT) operations, and how different kinds of enterprises can leverage different adoption strategies to capture the most value from it.

consolidated and efficient finance processes sap  Road to SAP HANA: A Choice of Paths to Take SAP HANA is an innovative platform that is transforming data processing as we know it. But should your organization adopt this technology or postpone the decision and see how others have fared with it first? Read this paper and see what SAP HANA means for business processes and information technology (IT) operations, and how different kinds of enterprises can leverage different adoption strategies to capture the most value from it. Read More

SAP Jam


SAP Jam brings together several types of social collaboration including social networking, collaboration with external participants (customers, recruits, partners, vendors, suppliers), structured collaboration for problem solving (business tools to strategize, rank items, enabling groups to weigh in on options, etc.), and business process integration. This combination of features enables businesses to seamlessly bring social into any process: social learning, social opportunity management, collaborative customer engagement, etc.

consolidated and efficient finance processes sap  Jam SAP Jam brings together several types of social collaboration including social networking, collaboration with external participants (customers, recruits, partners, vendors, suppliers), structured collaboration for problem solving (business tools to strategize, rank items, enabling groups to weigh in on options, etc.), and business process integration. This combination of features enables businesses to seamlessly bring social into any process: social learning, social opportunity management, Read More

Anatomy of a Decision: SAP versus Oracle JD Edwards EnterpriseOne


As SAP and Oracle step up their efforts to attract midmarket customers, more and more of those customers are including top-tier vendors in their enterprise application evaluation process. Nucleus Research's analysts conducted in-depth interviews with a number of companies that recently went through the ERP decision process and selected EnterpriseOne instead of SAP. This research note focuses on the decision process and factors of those companies. Download the results of this analysis now.

consolidated and efficient finance processes sap  of a Decision: SAP versus Oracle JD Edwards EnterpriseOne As SAP and Oracle step up their efforts to attract midmarket customers, more and more of those customers are including top-tier vendors in their enterprise application evaluation process. Nucleus Research''s analysts conducted in-depth interviews with a number of companies that recently went through the ERP decision process and selected EnterpriseOne instead of SAP. This research note focuses on the decision process and factors of those Read More