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Documents related to » 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

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The State of the Art in Finance
Thanks to recent accounting scandals and an increasingly competitive environment, many chief financial officers and the finance organizations they lead have

efficient finance processes sap  IT LEADS TO MORE EFFICIENT FINANCE FUNCTIONS The APQC survey reaffirmed that more effective use of technology helps companies achieve greater levels of efficiency and gradually frees up personnel for more strategic tasks requiring more thought and managerial capacity. Let''s first discuss how the right use of information technology leads to greater efficiency and lower costs. First, the APQC survey showed that companies with a higher degree of automation have lower overall finance costs. Companies that had Read More
Best-of-breed Approach to Finance and Accounting
CODA''s savvy accounting and financial offerings include budgeting, forecasting, scorecards, and tools that use Microsoft Excel spreadsheets collaboratively and

efficient finance processes sap  the introduction of more efficient support options. This all must be done owing to its limited means when compared to many larger competitors. For instance, many of the competitors outlined above have significantly greater financial, technical, and marketing resources than CODA, and, since experiencing a deceleration in their core large enterprises business, these companies have refocused their marketing and sales efforts to the upper-middle market where CODA actively markets its products. Consequently, o Read More
Best Practices in Creating a Strategic Finance Function
Many chief financial officers (CFOs) have started to take on new strategic roles. Their goals are to enforce stricter controls to ensure legal and regulatory

efficient finance processes sap  IT LEADS TO MORE EFFICIENT FINANCE FUNCTIONS APQC''s OSBC research reaffirmed that more effective use of technology helps companies achieve greater levels of efficiency and gradually frees up personnel for more strategic tasks requiring more thought and managerial capacity. First, the OSBC research showed that companies with a higher degree of automation have lower overall finance costs. Companies that had automated more than 66% of their finance processes had average finance costs of 1.2% of revenues, whi 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

efficient finance processes sap  make their operations more efficient and play a more strategic role in the business. Second, we wanted to deepen the knowledge we have gained through both our own research and our 35 years of expe- rience providing financial management solutions to the world''s leading companies. This study confirms what we have learned through that experience as well as through the benchmarking research conducted by SAP''s Value Engineering group: Investments in IT solutions that automate and stan- dardize critical finance Read More
SAP - A Leader Under Reconstruction
SAP is responding to the changing Internet marketplace by restructuring to develop flexibility and forming key partnerships and alliances to put content behind

efficient finance processes sap  and very strong and efficient direct sales force (measured in revenue per sales employee ratio), and traditionally strong management and congenial informal corporate culture that nurtures creativity of employees. Brand Recognition and Mind Share : Since it''s beginning SAP has been providing leading business application solutions. With an install base of over 12,500 and sustained revenues of ~$5.1B, SAP is recognized as an absolute leader in the Enterprise Resource Management market. User Base : With an Read More
SAP Jam
SAP Jam brings together several types of social collaboration including social networking, collaboration with external participants (customers, recruits

efficient finance processes sap   Read More
Aligning Risk and Finance in Banks: From Theory to Practice
After the financial crisis, banks are changing the way that they look at risk and finance integration, and these types of projects have been prioritized again

efficient finance processes sap  Risk and Finance in Banks: From Theory to Practice After the financial crisis, banks are changing the way that they look at risk and finance integration, and these types of projects have been prioritized again. However, the path to successful risk and finance integration is not simple, and banks face a number of technology and organizational challenges. To understand these problems better and banks'' aims for risk and finance integration, read this report on a survey by Chartis Research that Read More
Why Are You Afraid of (Re) Defining Business Processes?
We all are—except consultants who praise the importance of business processes, but sometimes don’t practice what they preach. Business processes can be simply

efficient finance processes sap  way to work more efficiently. There are a few very good reasons that make people afraid of changing the way they do their business processes. Let’s take a look at some of them: Accountability : Well defined business processes allow managers to know who did what and when. Wisely used, this is a great way to improve everyone’s work. But, since we’re all human—and therefore far from being perfect—we often tend to abuse the power we’re given. This is what people fear the most when it comes to 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

efficient finance processes sap  SAP HANA, SAP, high-speed transaction process, high-speed data processing, enterprise data processing, no-compromise OLAP, in-depth real-time analytics, real-time analytics, disruptive technology, SAP HANA adoption strategy, SAP HANA adoption, next-generation application Read More
SAP Business Intelligence Partner Program
In this webcast you ll learn how you can use SAP Business Objects, BI OnDemand, to provide a world-class business intelligence solution to your cus...

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SAP CRM
SAP CRM has been used in over twenty-five industries including automotive, chemicals, consumer products, professional services, high tech, and wholesale

efficient finance processes sap   Read More
SAP Powers CRM With HANA
At CeBIT 2013, in Hanover, Germany, SAP made public that its SAP Customer Relationship Management (SAP CRM) application is now powered by the SAP HANA platform.

efficient finance processes sap  can be made more efficient. Processes that benefit from the capabilities of SAP HANA may range from business partner and contact creation, to the conversion from activity to lead to opportunity, and account and opportunity management. The press release states, Early user feedback highlights performance improvements in the area of call center management, especially in search and reporting scenarios. Acknowledging the booming business requirements for mobility, SAP sees SAP CRM on SAP HANA as part of i Read More
SAP Delivers Innovative Supply Chain Execution Solutions
SAP recently announced the general availability of the 9.1 versions of the SAP Transportation Management (SAP TM) and SAP Extended Warehouse Management (SAP

efficient finance processes sap  its customers to achieve efficient logistics and order fulfillment processes. Read More
Will SAP HANA’s Big Data Usher SAP into the Intelligent BPM Elite?
SAP recently announced a new intelligent business operations bundle that aims to help organizations infuse big data insights in real time into their processes

efficient finance processes sap  BPM, SAP, BI, business intelligence, business process, SAP HANA, big data, iBPM, intelligent business process, Read More

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