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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.
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 ease financial 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

Financial Packages

Financial packages encompass modules for bookkeeping and making sure that accounts are paid or received on time.  

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Documents related to » ease financial 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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The Financial Close: Optimizing Performance and Driving Financial Excellence


“Financial close” is a company’s ability to complete accounting cycles and produce financial statements for internal management and external legal reporting—and is still a key part of today’s global finance function. Do you know how to overcome the barriers to a fast, high-quality close? Discover solutions that can help you improve your close times and address the challenges of automating and testing internal controls.

ease financial processes sap  their previous reporting scenarios. Ease of Use Lack of buy-in from divisions into the processes at the corporate center is often caused by requiring divisions to follow resource-intensive manual processes or use applications that are unfamiliar, nonintuitive, or nonsupportive of local reporting requirements. Leading consolidation applications overcome these challenges through extensive use of familiar tools such as Microsoft Office combined with straightforward business process flows that guide users thr Read More

SAP Gives in to CRM (Part Time) Matrimony


On May 2, SAP AG, the leading provider of enterprise software applications, announced a strategic alliance with Nortel Networks to develop and integrate industry-specific CRM solutions.

ease financial processes sap  provide businesses with the ease and flexibility required to build mutually loyal relationships beyond the walls of a single organization, said Tony Zingale, president, Clarify eBusiness Applications, Nortel Networks. With the combined industry and Internet expertise of both companies, businesses will be able to collaborate in new ways and achieve greater levels of return on relationship. Today''s agreement is aligned with the previously demonstrated open strategy for complementing mySAP.com solutions w Read More

Financial Reporting-Who Needs It?


Solid financial reporting applications are as different from run-of-the-mill reporting tools as financial accountancy is from bookkeeping. Organizations routinely use common reporting tools for management accounting. But financial reporting applications can elaborate financial statements for external users, helping organizations to share information as necessary and comply with disclosure requirements. TEC analyst Jorge García discusses the benefits of financial reporting tools.

ease financial processes sap  well, these applications can ease the generation and production of financial reports through the use of tools such as extensible business reporting language (XBRL) , an XML-based language specific to business reporting. Since the level of detail to be provided to each group may vary, a tool that allows you to automate and customize this process can manage the complexity involved in delivering a set of reports for each user group, while eliminating the duplication of work and adjusting to the communication Read More

SAP Industry Solutions for Mid-market Companies


For over a decade, SAP has offered industry-specific applications, starting with oil and gas and utilities solutions. Media, insurance, chemicals, banking, and public sector offerings have followed, highlighting SAP's lesser-known side as a market-oriented provider of industry-tailored solutions.

ease financial processes sap  is to improve the ease, speed, and cost of conducting business electronically between chemical companies and their trading partners. Industry players, through the central coordination of the CIDX group, have created standards for about sixty business transactions: this standardizes the transmission of data between chemical company buyers and sellers. For example, in a transaction such as create purchase order , a 50-character alphanumeric field that shows line #1 of the vendor address might be prescribed Read More

Oracle Financial Analytics


Oracle Financial Analytics helps front-line managers improve financial performance with complete, up-to-the-minute information on their departments' expenses and revenue contributions.  

ease financial processes sap  Financial Analytics Oracle Financial Analytics helps front-line managers improve financial performance with complete, up-to-the-minute information on their departments'' expenses and revenue contributions. Read More

The "S" in SAP Doesn't Stand for Security (that goes for PeopleSoft too)


During the course of product evaluations for a customer, the Technology Evaluation Center has uncovered a potential security hole in SAP R/3's three-tier architecture. SAP has revealed that they expect the database or third party products to handle security between the application server and the database server. If the client does not take these extra measures, the master password for the SAP database instance travels over the network in the clear, and can be captured. PeopleSoft has the same issue.

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Financial Executives Research Foundation


Financial Executives Research Foundation (FERF) is the non-profit research affiliate of Financial Executives International (FEI). FERF conducts research projects and professional education programs.

ease financial processes sap  Executives Research Foundation Financial Executives Research Foundation (FERF) is the non-profit research affiliate of Financial Executives International (FEI). FERF conducts research projects and professional education programs. Read More

Acumatica Financial Management Suite


The Acumatica Financial Suite includes a core set of applications that almost every organization uses, including general ledger, cash management, accounts receivable, accounts payable, tax management, and other functionality. Acumatica financials are designed for companies with complex requirements, but are easy to use in smaller organizations. The modules in the Financial Suite are integrated with each other and also with the other Acumatica suites.    

ease financial processes sap  Financial Management Suite The Acumatica Financial Suite includes a core set of applications that almost every organization uses, including general ledger, cash management, accounts receivable, accounts payable, tax management, and other functionality. Acumatica financials are designed for companies with complex requirements, but are easy to use in smaller organizations. The modules in the Financial Suite are integrated with each other and also with the other Acumatica suites. Read More

SAP Opens The ‘Miss Congeniality’ Contest


While SAP’s determination to become enterprise applications Web Esperanto evangelist is of paramount importance to its customers and for the general market direction, one should by no means expect short-term tectonic moves.

ease financial processes sap  as Web services should ease the integration effort for SAP customers notwithstanding. However, the litmus test of the mySAP Technology''s collaborative innovativeness will be in whether users can integrate J2EE-based applications into their SAP environment without tweaking it again in ABAP. Otherwise, this will be regarded as yet another sugarcoating of a proprietary unwieldy architecture. SAP''s Challenge SAP''s challenge will also be the articulation of business benefits of its latest technological Read More

SAP for Chemicals Functionality


SAP has been delivering on its chemicals industry strategy by expanding its capabilities for manufacturing and supply chain management, broadening its composite package applications in areas such as emissions management, pricing management, and manufacturing dashboards, and focusing on mid-market companies.

ease financial processes sap  of modules, we were pleased with the depth of functionality. For instance, the SAP Procurement suite supports a swath of procurement processes for materials (including those in the pipelines) and external services via sub-modules like Request for Quotation ( RFQ )/ Quotation Management , Purchase Requisitions , Purchase Order , Goods Receipt (with QM integration), Invoice Verification , Procurement of Stock Materials, Procurement via Import , and Procurement of External Services . The SAP Quality Read More

SAP ERP Market Analysis for SMB'S


As you'll discover in SAP ERP for SMB, SAP offers a range of ERP solutions for small and midsized businesses including a SaaS-based version called...

ease financial processes sap  SMB today! For assistance, please contact customer service. Hours: 8:00 AM to 5:30 PM EST. Phone: 514-954-3665, ext. 367. Read More

SAP HANA: From Database to Platform


At the end of 2009, SAP launched SAP HANA, an in-memory, column-row based database management system with capabilities within both OLTP and OLAP environments. In June of 2012, SAP announced that HANA had become the fastest growing technology in the company’s history. In this report, TEC Senior BI and Data Management Analyst Jorge García gives an overview of the history, functionality, and benefits and challenges of SAP HANA, and explores SAP’s strategy for the product and its place in the in-memory processing product space.

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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.

ease financial processes sap   Read More

SAP Learns The Ropes Of Fashion/Outfitting


With a heavy heart, in 1999, SAP had to go back to the drawing board, to do a thorough redesign of its erstwhile ill-reputed Apparel & Footwear Solution (AFS). It appears that the effort was worthwhile.

ease financial processes sap  early users. SAP AFS release 1.0 was introduced in 1997, apparently in hindsight quite hastily, with the aim to capture an apparent opportunity in the underserved market niche, to an initial group of customers with high expectations. However, in short order, a consistent pattern appeared software implementations were put on hold because of numerous bugs, CIOs cried foul in the trade press about failed implementations, system integration partners froze their implementations, and hints of lawsuits Read More