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Software Functionality Revealed in Detail
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 sap consolidated and efficient finance 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

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 order processing and production scheduling. ERP began as a term used to describe a sophisticated and integrated software system used for manufacturing. In its simplest sense, ERP systems create interactive environments designed to help companies manage and analyze the business processes associated with manufacturing goods, such as inventory control, order taking, accounting, and much more. Although this basic definition still holds true for ERP systems, today its definition is expanding. Today’s leading ERP systems group all traditional company management functions (finance, sales, manufacturing, and human resources). Many systems include, with varying degrees of acceptance and skill, solutions that were formerly considered peripheral such as product data management (PDM), warehouse management, manufacturing execution system (MES), and reporting. During the last few years the functional perimeter of ERP systems began an expansion into its adjacent markets, such as supply chain management (SCM), customer relationship management (CRM), business intelligence/data warehousing, and e-business, the focus of this knowledge base is mainly on the traditional ERP realms of finance, materials planning, and human resources. The foundation of any ERP implementation must be a proper exercise of aligning customers'' IT technology with their business strategies, and subsequent software selection. 

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Documents related to » sap consolidated and efficient finance 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 consolidated and efficient finance processes  Major Financial Processes | SAP Consolidated and Efficient Finance Processes | SAP Webcast Financial Process Automation | SAP Optimising Your Financial Processes | SAP Future of Financial Processes | SAP Pay and Financial Management Solutions | SAP Connection Financial Processes | SAP Ease Financial Processes | SAP Discover Easy-to-Use Solutions | SAP Financial Processes to Extend | SAP Efficient Finance Processes | SAP Financial Processes Applications | SAP Standardizes and Integrates Financial Read More

PROACTIS: The Best-kept Secret in Indirect Spend Management? - Part 2


Part 1 of this blog series introduced PROACTIS, a UK- and US-based specialist vendor of spend control and e-procurement solutions with accredited partners worldwide. I had the chance to meet the company during my attendance of UNIT4’s UK user event in early 2010, where PROACTIS was an exhibiting partner. The article then expanded on the company’s history, its procure-to-pay

sap consolidated and efficient finance processes  as Ariba, Basware, Oracle, SAP , and Emptoris. The completeness of the solution does not come with complexity, quite the contrary. In addition to the aforementioned streamlined payables and “light A/P” principles, using PROACTIS’ purchasing module feels more like an Internet shopping experience, rather than involved buying. Namely, all it requires from the user is to conduct a simple search through available product lists, hosted catalogues, contracts, etc. Functionality includes favorite lists, Read More

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 operations. What steps are companies taking to respond to the internal and external forces? Find out how finance often repairs core finance and operating activities, as exposed in the results of a survey and a series of interviews among senior finance executives.

sap consolidated and efficient finance processes  finance role. Sponsor''s Perspective SAP partnered with CFO Research Services on this study as part of our ongoing effort to better serve our cus- tomers as well as understand how companies are pro- gressing on their financial transformation journey. We had two major goals in sponsoring this research. First, we wanted to gain insight into the challenges and suc- cesses that finance departments are experiencing as they strive to make their operations more efficient and play a more strategic role in the Read More

Building a Best-run Finance Organization: A New Role to Address Today’s Business Realities


One company executive has a growing influence in today’s boardroom—the chief financial officer (CFO). And the role of the finance organizations that these CFOs lead is expanding as well. Examine the changing role of the finance organization in today’s business environment, learn how your CFO can take on a more prominent role in defining company strategy, and find out how you can develop a best-run finance organization.

sap consolidated and efficient finance processes  is a subsidiary of SAP AG, the world''s largest business software company and the third-largest software supplier overall. SAP Americas'' corporate headquarters is located in Newtown Square, PA, a suburb of Philadelphia. Source : SAP Resources Related to Governance, Risk Management, and Compliance (GRC) : Governance, Risk Management, and Compliance (GRC) (Wikipedia) Building a Best-run Finance Organization: A New Role to Address Today’s Business Realities Best-run Finance is also known as : Best-run 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.

sap consolidated and efficient finance processes  group and the Americas SAP User s Group (ASUG) . The ASUG study showed that companies utilizing shared-service deployments had costs that were three times lower than their peers. In addition, companies are gaining efficiencies by streamlining the period-end financial close. Closing the books can be very challenging and time-consuming, especially when data from multiple systems must be consolidated and tasks coordinated across operating units located in different locations and time zones. The time and Read More

SAP HANA to the Cloud


During SAP's TechEd event, SAP unveiled its plans for delivering SAP HANA in the cloud—SAP HANA Cloud, an in-memory cloud platform offering. SAP's cloud platform will include some important offerings: SAP HANA AppServices, allowing developers to create applications using SAP HANA, Java, and other software development services SAP HANA DBServices, to provide customers with database

sap consolidated and efficient finance processes  SAP''s TechEd event , SAP unveiled its plans for delivering SAP HANA  in the cloud—SAP HANA Cloud, an in-memory cloud platform offering. SAP''s cloud platform will include some important offerings: SAP HANA AppServices , allowing developers to create applications using SAP HANA, Java, and other software development services SAP HANA DBServices , to provide customers with database services in the cloud Vishal Sikka, member of the SAP Executive Board, Technology and Innovation, describes the innovation Read More

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 Software for approximately $400 million USD in cash. TopTier’s products are already integrated with SAP’s mySAP Workplace, so the acquisition should be painless and have little negative effect on SAP’s 2001 earnings per share.

sap consolidated and efficient finance processes  Further Broaden Its Horizons SAP Acquires TopTier To Further Broaden Its Horizons M. Reed - April 17, 2001 Event Summary SAP AG (NYSE: SAP), a major provider of e-business software solutions, and TopTier Software, Inc . (privately held) have announced that the two companies have signed a definitive agreement for SAP to acquire TopTier, subject to the approval of antitrust authorities. TopTier has been an SAP partner since 1999 and parts of its technology are already integrated and available within the 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 consolidated and efficient finance 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

Anatomy of a Decision: SAP versus Oracle JD Edwards EnterpriseOne


As SAP and Oracle step up their efforts to attract midmarket customers, more and more of those customers are including top-tier vendors in their enterprise application evaluation process. Nucleus Research's analysts conducted in-depth interviews with a number of companies that recently went through the ERP decision process and selected EnterpriseOne instead of SAP. This research note focuses on the decision process and factors of those companies. Download the results of this analysis now.

sap consolidated and efficient finance processes  of a Decision: SAP versus Oracle JD Edwards EnterpriseOne As SAP and Oracle step up their efforts to attract midmarket customers, more and more of those customers are including top-tier vendors in their enterprise application evaluation process. Nucleus Research''s analysts conducted in-depth interviews with a number of companies that recently went through the ERP decision process and selected EnterpriseOne instead of SAP. This research note focuses on the decision process and factors of those 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 partnerships and alliances to put content behind its extensive advertising campaign for mySAP.com, which started in full force on September 22. Will racing’s Formula One help SAP overtake Oracle’s high-flying marketing machine?

sap consolidated and efficient finance processes  SAP Found Magic Formula (One) To Learn The Ropes Of Marketing? Has SAP Found Magic Formula (One) To Learn The Ropes Of Marketing? P.J. Jakovljevic - October 23, 2000 Event Summary On September 22, SAP AG (NYSE: SAP), the leading provider of enterprise software solutions, unveiled a wide-ranging, global advertising and promotional awareness campaign designed to build upon its success as the world''s leading provider of e-business solutions . The brand-awareness campaign has gotten an impressive 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 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.

sap consolidated and efficient finance processes  of Adobe Reader. The SAP NetWeaver platform offers components that allow you to integrate SAP and non-SAP systems. With this curriculum, you''ll learn more about the exchange of data and process integration with SAP NetWeaver Exchange Infrastructure, plus business process management with SAP Business Workflow. Source : SAP Resources Related to The Case for Integrated Processes : SAP (Wikipedia) The Case for Integrated Processes Integrated Processes is also known as : Integrated Processes , 2008 Read More

SAP Versus Oracle JD Edwards EnterpriseOne: Anatomy of a Decision


The answer may lie in the responses JD Edwards customers gave as to why they selected EnterpriseOneover SAP.

sap consolidated and efficient finance processes  taking a look at SAP ERP and Oracle JD Edwards EnterpriseOne as potential solutions. But how do you properly compare them against your company''s special needs? The answer may lie in the responses JD Edwards customers gave as to why they selected EnterpriseOne over SAP. In the white paper Anatomy of a Decision: SAP versus Oracle JD Edwards EnterpriseOne *, you''ll learn about the cost, flexibility, functionality, and complexity considerations that eventually won companies over to EnterpriseOne. And how 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.

sap consolidated and efficient finance processes  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, just to name a few. And working capital–strapped small retail business owners in India are feeling the pressure of managing their inventory levels and their ability to anticipate Read More

SAP Posts Solid Q499, but Warns of Q100


On January 24, SAP announced its preliminary year-end results and warned that the costs of its new employee stock option plan and marketing and staff additions for its mySAP.com Internet software system would likely outpace sales in the first quarter of 2000.

sap consolidated and efficient finance processes  but Warns of Q100 SAP Posts Solid Q499, but Warns of Q100 P.J. Jakovljevic - February 7th, 2000 Event Summary On January 24, SAP announced its preliminary year-end results and warned that its new employee stock option plan and marketing and staff additions for its mySAP.com Internet software system would likely outpace sales in the first quarter of 2000. However, strong fourth quarter 1999 and year-end results announced on the same day gave SAP a very good standing entering the New Year. Sales grew 18% Read More

Aligning Risk and Finance in Banks: From Theory to Practice


After the financial crisis, banks are changing the way that they look at risk and finance integration, and these types of projects have been prioritized again. However, the path to successful risk and finance integration is not simple, and banks face a number of technology and organizational challenges. To understand these problems better and banks' aims for risk and finance integration, read this report on a survey by Chartis Research that questioned risk and finance professionals on these subjects. The report uses the survey results and interviews to explore the best methods for firms to implement risk and finance integration.

sap consolidated and efficient finance processes  risk and finance integration,Chartis Research,Chartis Research survey,financial crisis,banks,banking,finance Read More