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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 » finance department processes sap


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

finance department processes sap  some time for their finance department to overcome the effects of those resource constraints, the finance executive says, because Sarbanes-Oxley forced the finance team to lessen its role guiding operations management in strategic decisions and moved it into a more nuts-and-bolts control function, a move that he says has been a point of contention. Other finance executives working for U.S. public compa- nies also say the Sarbanes-Oxley compliance require- ments have reduced their abilities but not 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

finance department processes sap  to the CFO, the finance function could achieve all other strategic objectives. In Phase One, the company standardized and established new processes to reconcile bank accounts daily, concentrate cash, determine a final number to borrow or invest each day, improve control, enhance accuracy, and pare down the number of full-time equivalents (FTEs) involved in the function. In another development, global vendor payments were integrated with the bank payment systems, and customer receipts posted to the Read More...
The Case for Integrated Processes
Most chief executive officers (CEOs) have developed strategies that push their companies to achieve certain goals. So why are so many companies failing to

finance department processes sap  acquisitions and has redeployed finance and HR personnel to more value-added work, while making improvements in payroll processing and reducing hardware and operating system platform costs. A global manufacturing company achieved significant time savings in transaction-based processes by an average of between 45 and 65% (or between 4.50 and 9.00 per transaction). With an expected annual volume of approximately 30,000 transactions per integrated process, the company believes its investment in integrated Read More...
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

finance department processes sap  Your Financial Processes , Finance Department Processes , Major Financial Processes , Financial Processes Deliver Transparency , Accelerates Financial Processes , Integrate Administrative and Financial Processes , Better Manage Financial Processes , Continuous Process Improvement , Process Improvement Qualifications , End-to-end Processes for Financial . Contents Preface Introduction About the survey What the executives are saying Impact on decision-making What to keep in mind Conclusion Preface Managing Read More...
Reducing Operational Risk of IT Service in Finance
An overview for CIOs of the provision and management of IT services at a level that addresses the risk management issues raised by the Basel Committee''s New

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Ardent Software Enters the SAP Data Extraction Market
Ardent Software has announced the addition of SAP extraction and load capabilities to their DataStage product, increasing their strength in the Extract

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SAP to Invest Big Time in Africa
SAP recently announced a seven-year plan to up-skill local African talent and drive sustainable innovation and growth in Africa. The software giant plans to

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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

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SAP Defies Economic Slowdown, For Now
In January, SAP announced upbeat results for Q4 2000, in contrast to the current market slowdown. However, 8% license revenue growth in North America is much

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Finance and Accounting Software Buyer''s Checklist
And the smb finance and accounting checklist can help you with both.

finance department processes sap  interested in a new finance and accounting software package for your company, how can you make sure you get the right one? One way is to know which questions to ask, and what angles to consider. And the SMB Finance and Accounting Checklist can help you with both. Here you''ll find a list of things to think about—and ask about—before you commit to any new finance and accounting software. Like, how big is your budget? What kind of reporting tools do you require? What will your needs be in five years? Read More...
Has SAP Found Magic Formula (One) To Learn The Ropes Of Marketing?
SAP is responding to the changing Internet marketplace in a multiplicity of ways. First, by restructuring to develop flexibility; then, by forming key

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SAP and HP on the Web Together
SAP AG and Hewlett-Packard have aligned their internet and e-services strategy.

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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

finance department processes sap   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

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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

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