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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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 piece flow in 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

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 » piece flow in 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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SAP SCM-Stepping Out of Obscurity


Major new SAP products are being released in the realms of supply chain management (SCM), manufacturing execution systems (MES), and product lifecycle management (PLM). TEC principal analyst P.J. Jakovljevic examines the solutions that SAP is offering for supply chain executives to expand beyond the traditional boundaries of SCM, PLM, and enterprise resource planning (ERP).

piece flow in financial processes sap  is still a critical piece of the SAP SCM suite, but SAP now has a much more comprehensive offering and capabilities for supply chain executives, spanning collaborative demand and supply planning; manufacturing network planning and execution; integrated logistics and fulfillment; and supply network traceability. For those companies where the after sales market is critical, SAP also offers service parts planning and execution capabilities. (All of these five high-level capabilities will be analyzed in more Read More

Enhancing Lean Practices: Lean Adoption in the Industrial Machinery and Components Industry


Customer churn rates are higher than ever: although businesses say they are devoted to loyalty, their management systems and budgets do not support that claim. But in a landscape of similar products, cutting down on defection—or churn—is vital. There are in fact four steps to improving loyalty and retention which, if focused on the appropriate customers, will improve profitability.

piece flow in financial processes sap  throughput on a particular piece of equipment or SPC (statistical process control) results on a particular test. Individual metrics are designed based on the objective of one or multiple processes. Second, process metrics are designed to capture performance across a group of activities. Examples include order-to-delivery time and product-to-volume time. Finally, metric clusters aggregate the individual metric and metric sets to link with strategic objectives such as quality, safety, and customer Read More

The Essential ERP - Its Genesis & Future


Knowing the history and evolution of ERP is essential to understanding its current application and its future developments. Each step in the evolution of ERP is built on the fundamentals and principles developed within the previous one.

piece flow in financial processes sap  realization that as every piece of inventory moved, finances moved as well. For example, if a part was received at the factory, not only should the inventory on hand go up but also there should be a corresponding increase in the raw material inventory asset on the financial books. This is balanced by an increase in the liability level in the accounts payable account. As a group of parts moves to the shop floor to build the finished product, the raw material asset should go down and the work in process Read More

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.

piece flow in financial processes sap  compliance. An additional critical piece of the compliance process relates to the proper segregation of duties and access control over key information assets '' one of the most effective safeguards against fraud and a prerequisite for regulations like Sarbanes-Oxley. It is also one of the most difficult controls to deploy and sustain, given the thousands of users, roles, and processes that require access and authorization evaluation, testing, and remediation. Leading GRC management applications offer a Read More

Financial Mobility-Balancing Security and Success


No financial services company can afford to relax when it comes to IT security. Banks, investment firms, and insurance providers must follow government regulations, to ensure a secure environment for processing, storing, and transmitting credit card information. At the same time, most companies need mobile technology to compete. Know how to provide financial services mobility while ensuring that no breaches occur? Read more.

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Microsoft Throws in the Towel in the Instant Messaging Wars


REDMOND, Wash. (Bloomberg) - Microsoft Corp., the world's largest software maker, has stopped linking its instant messaging system with America Online Inc.'s instant electronic-mail program, the companies said.

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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...

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Financial Packages


Financial packages encompass modules for bookkeeping and making sure that accounts are paid or received on time.

piece flow in financial processes sap  financial software systems, business financial software, business financial applications, finance and accounting software, business software comparison, compare financial packages, financial management systems Read More

Want to Know How to Survive in a Down Economy? Then Look in Your Warehouse!


When I speak with distribution executives nowadays, they all say the same thing: “We are struggling to keep our heads above water because of the economy.” However, before the economy took a turn for the worse, they talked about low profit margins, high inventory levels with low turns, and an erosion of their profitability because of their warehouses. I am often forced to ask, “Is the economy

piece flow in financial processes sap   Read More

SAP - A Humble Giant From The Reality Land? Part 3: Market Impact


SAP's decision to be more open and flexible was both wise and pragmatic. SAP now can afford to compete on a component per component basis, having basically reached its limit in capturing most of large customers in the market with an integrated product suite.

piece flow in financial processes sap  functionality independently of other pieces. And once any applications vendor has established component architecture, it becomes easier and safer for IT departments to customize the system. Additionally, componentization proves to be crucial to enable ERP systems to support e-business activity since the new e-commerce capabilities are being delivered as individual components. Componentization also helps the vendors extend the core ERP system with SCM, CRM, and other collaboration solutions. Also, Read More

In-Memory Databases/In-Memory Analytics


The appeal of in-memory technology is growing as organizations face the challenges of handling and utilizing big data. There are compelling technical advantages to having an in-memory database, but the business benefits can be far-reaching, as the knowledge gained from analytics means that a data-driven business can closely engage with and anticipate the needs of customers and markets. This paper provides a look at the benefits of in-memory technology for dealing with big data and short overviews of in-memory/analytics solutions by five of the major vendors in the space.

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Financial Forecasting & Planning Summit - September 9/10, Boston MA


Financial Forecasting & Planning Summit – September 9/10, Boston MA. Don't miss out on revolutionary trends shaping your industry at the Financial ...

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SAS Financial Intelligence


SAS financial intelligence provides capabilities for the finance department, built on a single platform. Capabilities include integration and cleansing of all financial data, budgeting, forecasting, scorecarding, simulation, risk management, and more.

piece flow in financial processes sap   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.

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