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Software Functionality Revealed in Detail
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 sap 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 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 efficient finance processes  Processes to Extend | SAP Efficient Finance Processes | SAP Financial Processes Applications | SAP Standardizes and Integrates Financial Processes | SAP Organize Your Financial Processes | SAP Finance Department Processes | SAP Major Financial Processes | SAP Financial Processes Deliver Transparency | SAP Accelerates Financial Processes | SAP Integrate Administrative and Financial Processes | SAP Better Manage Financial Processes | SAP Continuous Process Improvement | SAP Process Improvement 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 efficient finance processes  SAP and the Americas’ SAP Users’ Group (ASUG) have conducted benchmarking studies that provide important insight in how leading companies achieve the desired balance in their financial organizations. Further, by analyzing the performance of businesses across diverse industries, these studies also offer CFOs the metrics needed to assess their own company’s success. Agile Optimizing Finance to Maximize Efficiency Like best-run operations everywhere, more and more finance organizations are looking for Read More

Best Practices in Creating a Strategic Finance Function


Many chief financial officers (CFOs) have started to take on new strategic roles. Their goals are to enforce stricter controls to ensure legal and regulatory compliance, offer strategic insights into the internal and external business environment, and connect the business strategy with daily operations through performance tracking. Learn more about the changing role of the CFO in today’s finance organization.

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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 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

Finance and Accounting Solutions Buyer’s Guide for Small to Medium Enterprises


For large organizations, enterprise resource planning (ERP) systems promise big gains by helping grow revenue and increase productivity. But can ERP benefit small to medium businesses (SMBs) in the same way? This step-by-step guide includes important decision-making considerations, such as benefits and costs, across some of the top finance and accounting solution providers for small to midsize companies.

sap efficient finance processes  service, logistics and delivery. SAP describes a string of events in its ERP product: &8230; a new customer order automatically initiates an appropriate warehouse action and product shipments trigger billing processes. Sales, production and purchasing groups work seamlessly together to fulfill critical customer orders and adapt production levels to changes in market demand. Business Intelligence One of the newer components of most modern midmarket ERP packages, BI shines a bright light into the heart Read More

SAP Rounds Out Collaborative Supply Chain Management


SAP recently announced the cloud edition of SAP Supply Chain Orchestration (SCO), rounding out the company's collaborative supply chain offerings. This solution aims to provide companies with visibility into supply side trading partners and a single interface for managing the advanced supply chain needs of critical, high-value supply side partners.

sap efficient finance processes  Collaborative Supply Chain Management SAP recently announced the cloud edition of SAP Supply Chain Orchestration (SCO) , an overarching solution that integrates the SAP Supply Network Collaboration application and Ariba Collaborative Supply Chain . As described in the figure, SAP SCO has the following two underlying components: Supplier Network Collaboration (SNC) for critical/high-value suppliers. New to state here is the private subscription–based offering via managed Hana Enterprise Cloud . Read More

SAP Details CRM Plans


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sap efficient finance processes  driver for business revenue, SAP chairman Hasso Plattner said on November 9 at a briefing on SAP''s front-office strategy. It is a heady statement for the company, whose forays into CRM over the past year have been troubled at best, with significant delays in application delivery. Yet the company has stated that it would be rolling out its crucial front-office components next month, and will round out its basic CRM suite by early next year. On Dec. 15, the company will ship a telesales application, as Read More

Efficient Office Computing


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sap efficient finance processes   Read More

Business Intelligence in SAP Environments


As a consequence of the acquisition of Business Objects, SAP has shifted its SAP business warehouse (BW) strategy to a more open data warehousing approach and is now focusing on the former Business Objects portfolio. This guide is designed to help existing SAP BW customers to plan to move to the new business intelligence (BI) environment, and outlines most important architecture options for a data warehouse strategy.

sap efficient finance processes  Intelligence in SAP Environments As a consequence of the acquisition of Business Objects, SAP has shifted its SAP business warehouse (BW) strategy to a more open data warehousing approach and is now focusing on the former Business Objects portfolio. This guide is designed to help existing SAP BW customers to plan to move to the new business intelligence (BI) environment, and outlines most important architecture options for a data warehouse strategy. Read More

Ardent Software Enters the SAP Data Extraction Market


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sap efficient finance 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

ITIL-Living Processes


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SAP


Founded in 1972, SAP provides business software applications and services to companies of all sizes in more than 25 industries. With subsidiaries in over 50 countries, the company is listed on several exchanges, including the Frankfurt Stock Exchange and the New York Stock Exchange (NYSE) under the symbol SAP. SAP employs more than 48,500 people in over 50 countries. Today, more than 89,000 companies in over 120 countries run SAP software.

sap efficient finance processes  Founded in 1972, SAP provides business software applications and services to companies of all sizes in more than 25 industries. With subsidiaries in over 50 countries, the company is listed on several exchanges, including the Frankfurt Stock Exchange and the New York Stock Exchange (NYSE) under the symbol SAP. SAP employs more than 48,500 people in over 50 countries. Today, more than 89,000 companies in over 120 countries run SAP software. Read More

SAP for Consumer Products: SAP Trade Promotion Management


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sap efficient finance processes  for Consumer Products: SAP Trade Promotion Management The pressure to generate demand for consumer products is constantly increasing. Whether managing customer relationships, achieving increased sales, or introducing new products, the area of marketing expenditure is complex and prone to error. That’s why you need a solution drawing together all the activities needed to analyze, plan, sell, execute, validate, and evaluate your products in a closed-loop process. Read More

SAP Launches Enterprise Performance Management OnDemand


SAP has just announced the availability of SAP EPM OnDemand, SAP’s Business Performance offering in the cloud. Launched during the ASUG SAP BusinessObjects User Conference, this new solution will deliver specific enterprise functionality for capital and project planning, real-time profit and loss analysis, as well as expense analysis. SAP will keep expanding EPM OnDemand by adding more specific

sap efficient finance processes  Enterprise Performance Management OnDemand SAP has just announced the availability of SAP EPM OnDemand , SAP’s Business Performance offering in the cloud . Launched during the ASUG SAP BusinessObjects User Conference, this new solution will deliver specific enterprise functionality for capital and project planning, real-time profit and loss analysis, as well as expense analysis. SAP will keep expanding EPM OnDemand by adding more specific functionality and is designed to complement other SAP solutions, Read More