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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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 managing 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

Supply Chain Management (SCM)

Supply chain management (SCM) solutions include applications for managing supplier, manufacturer, wholesaler, retailer, and customer business processes. Addressing demand management, warehouse management, international trade logistics, transportation execution, and many other issues for a complete solution, this knowledge base will support your evaluation of an SCM suite. 

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Documents related to » managing 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 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 achieve these goals? Because their twenty-first century vision is being held back by twentieth century processes and IT systems. The missing ingredient: information. And the key to facilitating the flow of information lies in integrated processes.

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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.

managing financial processes sap  chart 4, More Nimble ). Managing Assets, Not Transactions Another key area of financial automation is cash management. While large companies have been automating this function for decades, increasing globalization has led to a proliferation of accounts and institutional linkages that decrease efficiency and increase costs. An excellent example of how to resolve this situation is Microsoft Corp. The Redmond, Wash.-based company s ambitious cash management effort began in 2004. Having installed a new cash Read More

Financial and Management Accounting with SAP for Banking


Recent changes in accounting standards and compliance, along with greater emphasis on managing risk and value, have introduced new key measures of bank performance and made it more important to coordinate the internal and external reporting of financials and risk. To meet these challenges, banks must do their utmost to more fully integrate their accounting data and processes.

managing financial processes sap  with greater emphasis on managing risk and value, have introduced new key measures of bank performance and made it more important to coordinate the internal and external reporting of financials and risk. To meet these challenges, banks must do their utmost to more fully integrate their accounting data and processes. Read More

Infor Lawson Enterprise Financial Management


Lawson Human Capital Management provides organizations with the information they need to maximize workforce potential. By helping identify key talents, the suite helps ensure that the right people are in the right positions to maximize their contribution and potential. Lawson Human Capital Management helps human resources (HR) contribute to organizational excellence with applications that support business operations. By automating administrative processes, it helps HR increase efficiency, allowing them to focus on more critical initiatives. Lawson offers a stand-alone human capital management (HCM) suite or an integrated ERP system, so HR organizations can align people and processes, all with a low total cost of ownership.

managing financial processes sap  Lawson Enterprise Financial Management Lawson Human Capital Management provides organizations with the information they need to maximize workforce potential. By helping identify key talents, the suite helps ensure that the right people are in the right positions to maximize their contribution and potential. Lawson Human Capital Management helps human resources (HR) contribute to organizational excellence with applications that support business operations. By automating administrative processes, it Read More

Emerging SAP Retail Solution: SAP Ganges, Powered by HANA


Many people may not know that 40 percent of the word's retailers are located in India—about 9.8 million retailers, many of them small one-person businesses, supply the whole nation. These businesses face many challenges: stock-outs, supply, pricing, and competition. And they are feeling the pressure of managing their inventory levels and their ability to anticipate demand.

managing financial processes sap  feeling the pressure of managing their inventory levels and their ability to anticipate demand.   They are often isolated from, and negatively impacted by, supply chain factors that can mean the difference between running profitably or not. Efficiency gaps, thin margins, and limited growth potential are especially worrisome for mom-and-pop shops, which are at risk of not being able to compete for business in a just-in-time (JIT) manner. On the other side of the value chain, manufacturers, wholesalers, Read More

Best Practices for Managing Just-in-Time Production


Find out in the Focus brief Best Practices for Managing Just-in-time Production.

managing financial processes sap  Practices for Managing Just-in-Time Production Best Practices for Managing Just-in-Time Production Just-in-time (JIT) production is a proven approach used by some of the world''s most successful manufacturers. But what are the best practices that can make just-in-time production a success for your organization? Find out in the Focus brief Best Practices for Managing Just-in-time Production . You''ll discover a set of approaches that can help you achieve a successful JIT implementation—allowing you to 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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SAP Bolsters NetWeaver's MDM Capabilities Part Four: SAP and A2i


The A2i acquisition will in the short term bring together two complementary e-commerce products that should help retailers, manufacturers, and suppliers manage and sell their products to other companies and customers on-line.

managing financial processes sap  Bolsters NetWeaver''s MDM Capabilities Part Four: SAP and A2i SAP As Convergence Point 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 Read More

SAP PLM


SAP PLM integrates all participants in the development process: designers, suppliers, manufacturers, and customers. SAP's product attempts to keep engineering from being a linear value chain, but rather a three-dimensional, collaborative community focused on a common goal. SAP PLM provides a solution for companies that require proactive quality management to improve equipment and plant performance. SAP PLM is delivered through mySAP Enterprise Portal, which is a role-based portal solution. The solution provides Web-based access to internal and external content, applications, and services. SAP PLM integrates with mySAP Supply Chain Management, mySAP Customer Relationship Management, mySAP Supplier Relationship Management, mySAP Exchanges, and SAP's enterprise resource planning (ERP) offerings.  

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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.

managing financial processes sap  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. 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 to work smarter and improve responsiveness to threats and opportunities.

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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.

managing financial processes sap  early commoditization by actively managing product lifecycle and anticipating future requirements, and to maintain competitive advantage through collaborative design and rapid response to customer requirements Customer service and profitability Businesses want to react more quickly to changing demands in product specifications, to optimize operating efficiency through improved scheduling, and, ultimately, to achieve business transparency SAP''s Chemicals Background SAP is a well-known enterprise Read More

SAP as a Retail Market Force: More Fact Than Fiction


Can SAP, a market and technology leader in business management software, translate its success in the manufacturing industry to retail? TEC principal analyst P.J. Jakovljevic reviews the complexities of this master vertical and the steps SAP has taken to address them. The ensuing candid discussion with the SAP Retail Industry team sheds some light on SAP’s strategy with regard to the retail industry.

managing financial processes sap  leverage SAP’s capabilities for managing the extended supply chain, which includes the sourcing and production of goods. This integration provides complete end-to-end visibility across the entire supply chain.  SAP Retail solutions are very scalable, suitable for small and medium-sized retailers as well as the very largest and most complex retail global enterprises. TEC: How do you view your competitive landscape in retail, and why do you win over, or lose to, these competitors? SAP Retail: When we don Read More