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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 or...
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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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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, 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 Read More...
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 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

efficient finance processes sap  saved by running an efficient organization to provide proactive insights that enable other lines of business to make informed decisions supporting the best interests of the entire company. Holistic processes that encompass every part of the business – and that facilitate communication between departments – are critical to ensuring that finance is integrated with these operational decisions. Finance, marketing, sales, and manufacturing must all work together, for example, to effectively determine Read More...
SAP ERP
Through the SAP ERP platform, people in businesses around the globe are improving relationships with customers and partners, streamlining operations, and

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SAP HANA-Curing Cancer (for real), and More
At the recent SAPPHIRE NOW and SAP TechEd event in November, SAP announced the next-generation SAP HANA platform. TEC Principal Analyst P.J. Jakovljevic was

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Is SAP Stumbling? Perhaps.
Business applications market leader SAP reported a 43% drop in net income for its first quarter ended March 31, despite a 10% increase in revenue. In a separate

efficient finance processes sap  components it cannot develop efficiently in-house. However, this is a notable departure from its previous strategy and will require a significant mindset change. SAP should also carefully reevaluate its mySAP.com product migration strategy from current R/3 instances, in order not to alienate and disillusion its loyal customer base. mySAP.com has allegedly met resistance because SAP''s licensing model requires that existing customers re-license its R/3 software. Some customers may see this as only another h 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 Broadens Range of Solutions for SMEs
Not many are aware of SAP’s strong heritage in the small to medium enterprise (SME) segment even though more than 80 percent of SAP’s over 250,000 customers are

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NEC to Inflate SAP Business ByDesign Tires
A new offering, NEC Global Localization Package for SAP Business ByDesign, will leverage the cloud ERP solution from SAP and the cloud deployment capabilities

efficient finance processes sap  businesses to run more efficiently and effectively in the cloud.   A strong sign of the product’s longevity could be the recent announcement by NEC Corp. that it has entered into an original equipment manufacturer (OEM) agreement with SAP to integrate the SAP Business ByDesign solution with its global cloud-based ERP services. The new offering, NEC Global Localization Package for SAP Business ByDesign , will leverage the cloud ERP solution from SAP and the cloud deployment capabilities from NEC to offe Read More...
Inside Business Finance
Compare service levels, features and pricing from the leading industry providers.

efficient finance processes sap  Business Finance Compare service levels, features and pricing from the leading industry providers. Read More...
SAP Business Suite, Powered by SAP HANA: Delivering Real-time Business Value
Becoming a real-time business requires managing daily business transactions of your core business processes in real time, and capturing data from new sources

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SAP Software to Include Fiori User Experience, Free
SAP has responded to customer pressure and announced that SAP Fiori user experience and SAP Screen Personas software will be included with SAP software.

efficient finance processes sap  industry watch, SAP ERP, SAP Business Suite, SAP Fiori, user experience Read More...

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