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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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 sap better manage financial processes

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

CRM for Financial and Insurance Markets

Customer relationship management (CRM) focuses on the retention of customers by collecting data from all customer interactions with a company from all access points (by phone, mail, or Web, or in the field). The company can then use this data for specific business purposes by taking a customer-centric rather than a product-centric approach. CRM applications are front-end tools designed to facilitate the capture, consolidation, analysis, and enterprise-wide dissemination of data from existing and potential customers. This process occurs throughout the marketing, sales, and service stages, with the objective of better understanding one’s customers and anticipating their interest in an enterprise’s products or services.  

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Documents related to » sap better manage financial processes

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.

sap better manage financial processes  and Financial Processes | SAP Better Manage Financial Processes | SAP Continuous Process Improvement | SAP Process Improvement Qualifications | SAP End-to-end Processes for Financial | SAP Financial Activities and Processes | SAP Unified Financial Processes Streamline Operations | SAP Financial Process Optimization | SAP Financial Processes Accounts Receivable | SAP Piece Flow in Financial Processes | SAP Content Financial Processes | SAP Business and Finance Clients to Build | Financial Processes SAP | Read More

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).

sap better manage financial processes  detail shortly.) Generally speaking, SAP strives to allow companies to better respond to demand and supply dynamics across their supply networks via integrated holistic planning processes, the ability to connect other business functions with the supply chain, and tightly integrated supply chain execution (SCE). The built-in performance measurement and analytics capabilities that have come from the Business Objects acquisition also help. Pervasive supply chain performance management capabilities help Read More

Workday Becoming a Global Financial Management Software Provider


In a slew of announcements at the recently held Workday Rising 2012 user conference, one major theme has been that Workday, the cloud software company that initially started with providing human resource management system (HRMS) and which later added payroll software, now has 40 financial management customers as well (10 percent of its customer base). Most recently, the roster of Workday Financial

sap better manage financial processes  might still be behind SAP, Oracle,  and  CODA Financials in terms of in-depth feature-by-feature comparison. But the attractiveness of Workday, in addition to its true cloud deployment and design concept with agility in mind, stems from the greater control to adapt and accommodate to new business requirements and processes, while reducing the level of IT support. Moreover, a consumer-driven, intuitive user interface (UI) enables finance operations to better manage information and extract insights with 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.

sap better manage financial processes  greater confidence Source : SAP Resources Related to Optimizing Financial Performance for a Competitive Edge : Performance Management (Wikipedia) Optimizing Financial Performance for a Competitive Edge Financial Performance is also known as : Financial Management , Financial Performance Measures , Evaluating Financial Performance , Financial Performance Indicators , Financial Performance Strategy , Financial Performance Analysis , Financial Performance Management , Performance Management , Business Read More

Financial Reporting-Who Needs It?


Solid financial reporting applications are as different from run-of-the-mill reporting tools as financial accountancy is from bookkeeping. Organizations routinely use common reporting tools for management accounting. But financial reporting applications can elaborate financial statements for external users, helping organizations to share information as necessary and comply with disclosure requirements. TEC analyst Jorge García discusses the benefits of financial reporting tools.

sap better manage financial processes  Hyperion Financial Management SAP   SAP BusinessObjects Financial Consolidation SAS  SAS Financial Management TIBCO  Spotfire Analytics Strategic Vision Finally, a recent post by my colleague Aleksey Osintsev , “ Accountants Deserve Better? ,” reinforces the idea that a financial reporting application can help not only to provide accurate and summarized financial data, but also to improve the decision-making process, as part of a complete strategic financial vision. If accountants really deserve Read More

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/Transform/Load tool market. Due to the prevalence of SAP in the Enterprise Resource Planning space, this addition will provide a competitive advantage over some of the other major ETL vendors such as Sagent and Computer Associates.

sap better manage financial processes  Software Enters the SAP Data Extraction Market Event Summary Ardent Software, Incorporated of Westboro, Massachusetts (NASDAQ: ARDT) has announced support for extraction from SAP R/3 and also loading to SAP BW (Business Information Warehouse) using its DataStage Release 3.6. Ardent is referring to the new feature as the Packaged Application Connection Kit (PACK). With the DataStage Extract PACK for SAP R/3, users will be able to extract data directly from SAP R/3 systems natively and integrate it 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...

sap better manage financial processes  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 sets up Apparel and Footwear team


At the end of September, SAP AG's U.S. subsidiary set up a dedicated team of technical consultants to assist apparel and footwear makers installing SAP R/3. The move follows a series of unsuccessful R/3 implementations that forced some SAP apparel and footwear customers to put on hold or completely abandon their R/3 projects.

sap better manage financial processes  Footwear team Event Summary SAP is trying to stabilize its Apparel and Footwear R/3 Solution (AFS) after early users had problems with the software, leading several to stop work on their projects. Until now, SAP was pulling consultants from its wider consumer products group to deal with AFS installations. The new AFS team now has 35 consultants on board, and expects to increase that count to 50 by year''s end, stated Annegret Sonnenberg, vice president of SAP''s retail and consumer products unit. Their job Read More

Align Financial Processes and Systems for Better Business Value and Compliance


Financial business process professionals need to coordinate financial process life cycle activities in order to enhance the value of information within the business, and drive better execution of compliance measures. But too often, automation and integration gaps discourage their efforts. Download this report to learn how to integrate and automate these activities, and improve your ability to make strategic and tactical decisions.

sap better manage financial processes  Financial Processes and Systems for Better Business Value and Compliance Financial business process professionals need to coordinate financial process life cycle activities in order to enhance the value of information within the business, and drive better execution of compliance measures. But too often, automation and integration gaps discourage their efforts. Download this report to learn how to integrate and automate these activities, and improve your ability to make strategic and tactical Read More

Financial Applications Comparison Chart


It’s clear that most software vendors offer solutions that fully support standard financial functionality. So how do you choose the financial software that's right for your company? See how some of the major players stack up.

sap better manage financial processes  Epicor Accounting and Financial Management, Infor EFM, Oracle E-Business Suite, Sage ERP X3, SAP ERP, financial applications, financial management solution, financial software selection, standard financials functionality Read More

SAP Lumira Cloud


SAP Lumira Cloud is a self-service business intelligence (BI) solution that empowers users to explore information and reveal hidden insights with drag-and-drop ease. Flexible licensing options and rapid cloud deployment help save time and money.

sap better manage financial processes  Lumira Cloud SAP Lumira Cloud is a self-service business intelligence (BI) solution that empowers users to explore information and reveal hidden insights with drag-and-drop ease. Flexible licensing options and rapid cloud deployment help save time and money. Read More

FAXCOM in Financial Services: Optimizing Business Workflow


Fax servers are essential for the financial services industry. Their reliability and security help transmit financial information quickly and safely. Financial institutions, however, also have workflow and document needs due to lots of back-office paperwork. Luckily, there are fax servers on the market that help financial institutions optimize workflow and business processes—organizing and reducing paperwork backlog.

sap better manage financial processes   Read More

SAP Remains One Of The Market’s Beacons Of Hope


On April 19, SAP announced upbeat results for Q1 2001, contradicting thereby the current market malaise. However, flat currency adjusted license revenue in the US and expected cascading economic slowdown from the US to other markets, may feel like a cutthroat competition, a loss of market share and the fact that not all troubles have been overcome.

sap better manage financial processes  Market’s Beacons Of Hope SAP Remains One Of The Market''s Beacons Of Hope P.J. Jakovljevic - May 17, 2001 Event Summary On April 19, SAP AG (NYSE: SAP), the leading provider of business software solutions, announced its results for the quarter ended March 31, 2001. In Q1 2001, revenues increased 29% over the same period last year from EUR 1.2 billion to EUR 1.5 billion (See Figure 1). Net income in the quarter more than doubled (up 117%) to EUR 117 million compared to a year earlier when SAP had its Read More

From Transaction to Transformation: How Financial Software Keeps Pace with Business


As finance departments face increased expectations to play a strategic role in their enterprise’s development, finance executives look to financial software solutions to help increase growth and manage resources. But when most software solutions support standard business requirements, how do you choose the one that is best suited to your company?

In this report, TEC's senior research analyst Aleksey Osintsev looks at the rising importance of choosing the right accounting and financial software suite and how to approach the evaluation of a modern financial management solution. Financial applications are outlined and compared, including Sage ERP X3, Infor EFM, and Oracle E-Business Suite.

sap better manage financial processes  financial software, financial solutions, enterprise financial management, Epicor Accounting and Financial Management, Infor EFM, Oracle E-Business Suite, Sage ERP X3, SAP ERP Read More

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 from NEC to offer subsidiaries of large corporations and SMEs a solution for gaining insights into real-time enterprise-wide operations.

sap better manage financial processes  to Inflate SAP Business ByDesign Tires Those who have recently been gleefully celebrating the untimely death of the maligned SAP Business ByDesign cloud enterprise resource planning (ERP) product might want to check their facts. The truth is that, as part of the SAP solution portfolio for small and medium enterprises (SMEs), SAP Business ByDesign has recently been made available on the SAP HANA in-memory platform. If the cloud ERP product’s initial underpinning technology was not up to snuff, this Read More