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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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 financial processes applications 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 » financial processes applications sap

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.

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SAP Financial Performance Management


Enterprise performance management (EPM) applications for finance, which are part of the SAP BusinessObject EPM solutions, cover the full lifecycle of financial management. The applications integrate enterprise data and processes to streamline traditional finance processes.

financial processes applications sap  the full lifecycle of financial management. The applications integrate enterprise data and processes to streamline traditional finance processes. Read More

Vantaa Energy Chooses IFS Applications 8


IFS’ win streak from late 2012 seems to be flowing into 2013. On January 16, 2013, the global enterprise applications company announced that Vantaa Energy Ltd., one of Finland’s largest urban energy companies, has selected IFS Applications 8 to streamline its business processes. The Selection Rationale In September 2011, Vantaa Energy reportedly started to look for a new business

financial processes applications sap  and contracts management, sustainability, financial management, human resource management, document management, and others. Overall total cost of ownership (TCO) —IFS had the lowest TCO based on Vantaa Energy’s calculation. Cost-effective and scalable, the IFS Applications suite can be used in large-scale enterprise deployments and as best-of-breed functionality. The contract includes licenses and services worth approximately €1.6 million. The IFS solution purchased by Vantaa Energy includes 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.

financial processes applications sap  centers handle all the financial processes the subsidiaries had handled individually, including accounts receivable and payable processing. Organizational changes within Cardinal s finance team, including its transition to a financial shared-services model, have saved the company $10 million since 2005, savings that Cardinal is investing in technology and customer-friendly processes, Henderson says. This lift-and-shift of processes and people, as Henderson calls the move to shared-services centers, has Read More

Optimizing Financial Performance for a Competitive Edge


In addition to traditional duties like financial planning, reporting, and governance, chief financial officers (CFOs) and financial managers are being tasked with more strategic responsibilities. Learn how the right data, performance management applications, and resources can help finance managers improve operational efficiency, ensure regulatory compliance, and control performance for maximized profitability.

financial processes applications sap  control – Ensure that financial business processes meet compliance requirements worldwide to mitigate risk Cost and profitability modeling – Maximize profitability through a realtime understanding of cost (including IT services costing), capacity, and revenue across many dimensions of the business such as product, channel, and geography Improve Business Processes to Achieve Ongoing Financial Excellence Performance management is not a onetime event; rather, it is an iterative, ongoing process that 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.

financial processes applications 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

Tailoring SAP Data Management for Companies of All Sizes


The need for accurate data management such as upload or download of data between a company’s data sources and SAP systems is more critical than ever. Users are relying on manual operations, which are inherently error-prone, and time- and resource-intensive. Today's environment requires enterprise-class automation to overcome these challenges of data management. Learn about one solution that can help improve SAP data management.

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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 distribution. Its features include partner channel management, marketing, sales, professional services, interaction center management, real-time offer management, web channel management, trade promotion management, and business communication management.  

financial processes applications sap   Read More

The 2011 Buyer's Guide to Accounting and Financial Software


Too often, finance professionals must contend with outdated financial and accounting systems that present spiraling overhead costs, functional limitations, and unnecessary risks. And that makes it challenging for them to respond to complex business issues such as frequent regulatory change and increased compliance challenges--as well as requirements for visibility across multiple entities, currencies, and tax and regulatory frameworks. Download this buyer guide for a comprehensive overview of how cloud computing can help, including a handy chart comparing software delivery models and vital tips for evaluating cloud solutions for finance and accounting.

financial processes applications sap  Guide to Accounting and Financial Software Too often, finance professionals must contend with outdated financial and accounting systems that present spiraling overhead costs, functional limitations, and unnecessary risks. And that makes it challenging for them to respond to complex business issues such as frequent regulatory change and increased compliance challenges--as well as requirements for visibility across multiple entities, currencies, and tax and regulatory frameworks. Download this buyer guide Read More

Business Suite 4 SAP HANA: The New Simplified SAP


TEC's principal BI analyst Jorge Garcia delves into SAP’s recent release of SAP Business Suite 4 SAP HANA (SAP S/4HANA), one of the most important releases in years for SAP. A totally new SAP ERP suite especially designed to take full advantage of HANA, S/4HANA exploits HANA’s high performance and real-time capabilities, and promises to deliver tangible business and technical simplification, as well as a radical new design and user experience. But deployment may be tricky for some adopters, as S/4's HANA-based design challenges SAP's traditional platform independence.

financial processes applications sap  SAP, S/4HANA, HANA, SAP Business Suite, ERP, S4, S/4, real-time, in-memory, SAP ERP Read More

SAP for Chemicals: A Packaged Solution for Mid-market Companies


Packaged solutions for the chemicals industry are available from SAP and selected partners. Still, given a number of other viable solutions, prospective users will have to decide whether SAP would indeed be the best solution without the packaged option.

financial processes applications sap  process loop closes with financials and controlling (the flagship SAP FI/CO module, which features product cost controlling, profitability analysis, and overhead cost controlling). About the Authors Predrag Jakovljevic is a principal analyst with Technology Evaluation Centers (TEC), with a focus on the enterprise applications market. He has nearly twenty years of manufacturing industry experience, including several years as a power user of IT/ERP, as well as being a consultant/implementer and market Read More

A Guide to Successfully Deploying Enterprise Mobile Applications


Today, more and more companies are launching mobile applications, creating a mobile professional workforce across job roles and categories. This white paper provides a framework for CIOs on how to create a mobile application strategy for their business. It gives a step-by-step guide to the different stages involved, from choosing a focus, to building and deploying, to the ongoing support of enterprise mobile applications. Read more.

financial processes applications sap  mobile phone applications,mobile workforce management,mobile technlogy trends,business mobile applications,mobile computing technology,mobile workforce solutions,mobile applications market,new mobile technology,mobile phone technology,top mobile applications,mobile internet,smartphones Read More

Managing Financial Performance: Closing the Gap Between Strategy and Execution


In Managing Financial Performance: Closing the Gap Between Strategy and Execution, learn how a unified, closed-loop performance management system...

financial processes applications sap  Financial Performance: Closing the Gap Between Strategy and Execution Managing Financial Performance: Closing the Gap Between Strategy and Execution Virtually all businesses produce plans and budgets—and then measure company progress against objectives. But high-performing companies go a step further by employing an enterprise performance management (EPM) solution to measure, manage, and monitor performance. In Managing Financial Performance: Closing the Gap Between Strategy and Execution , 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 like social media or mobile apps. And you need to be able to analyze all this data. Ultimately, it requires people to be able to access real-time information on any device for immediate action. Read this white paper to learn about an in-memory platform and how it can you help create new business value.

financial processes applications 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 like social media or mobile apps. And you need to be able to analyze all this data. Ultimately, it requires people to be able to access real-time information on any device for immediate action. Read this white paper to learn about an in-memory platform and how it can you help Read More

'Collaborative Commerce': ERP, CRM, e-Proc, and SCM Unite! A Series Study: SAP AG


SAP AG has seemingly crossed a strategy chasm, from a strict, stodgy, Not-Invented-Here (NIH) approach to software development and delivery, to a seemingly quite open approach of broad development alliances, company acquisitions, Internet portals development, and a deep, new relationship with IBM for both technology sharing as well as bolstering IBM Consulting’s support for SAP’s new multiple mySAP.com™ initiatives. 'Collaborative' and 'SAP' were not two words you might have ever seen in the same article. You’re seeing it now.

financial processes applications sap  and contract, billing, and financials management), and Customer Service (Call Center, web self-service, RMA handling, and field service). mySAP E-Procurement - Powered by Commerce One solutions. mySAP Product Lifecycle Management - Integrating all players in the product development lifecycle. mySAP Business Intelligence - Includes datawarehousing capabilities, knowledge management, and business intelligence analysis tools. mySAP Financials - One of SAP''s longstanding core strengths. mySAP Human Read More