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 sap financial processes increases

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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Compare Software Solutions

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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 » sap financial processes increases

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.

sap financial processes increases  SAP Integrated Evaluation | SAP Integrated Financial Model | SAP Integrated Flow Solutions | SAP Integrated Framework | SAP Integrated Industry | SAP Integrated Information System | SAP Integrated Information Technology | SAP Integrated Inventory | SAP Integrated Knowledge | SAP Integrated Knowledge Management | SAP Integrated Learning | SAP Integrated Logistics | SAP Integrated Management Software | SAP Integrated Managment | SAP Integrated Manufacturing Assembly | SAP Integrated Manufacturing 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.

sap financial processes increases  Financial Services Metrics | SAP Financial Excellence | SAP Excellence in Financial Management | SAP Achieve Superior Financial Performance | SAP Integrated Financial Management Solution | SAP Financial Excellence Achieve | SAP Optimize Financial Processes | SAP Performance Management Financial Excellence | SAP Keys to Financial Excellence | SAP Promote Financial Reporting Excellence | SAP Financial Implications of Promoting Excellence | SAP Business Process Excellence in Financial Services | SAP Driving Read More

SAP Claims Big Gains In The Low-End Battleground


SAP, traditionally regarded as too cumbersome and costly for small or midsize enterprises, has recently been announcing stellar increases in sales and acceptance of its Internet-based mySAP.com by smaller companies. We believe that the incumbent smaller vendors as well as other Tier 1 vendors should prepare for a siege.

sap financial processes increases  of vertical focus that SAP intends to deliver in these solutions for the smallest customers. Granularity of vertical focus will go down to the level of US-SIC (Statistical Industry Classes) codes within the following Industry Sectors: Discrete Manufacturing (7 solutions in qualification stage, 9 solutions in planning stage) Process Manufacturing (5 solutions in qualification stage, 4 solutions in planning stage) Consumer Products (2 solutions in qualification stage, 2 solutions in planning stage) Service Read More

Getting Strategic Planning and Financial Planning in the Same Bailiwick


To provide useful financial insight on projects, financial managers need to think about business strategy more like a series of options than a single projected cash flow. While the concepts of options are certainly familiar to most executives, the trick to valuing strategic choices lies in the complex and often overwhelming task of understanding the interaction between strategic options. This article provides a breakthrough planning approach for (1) rapidly realizing the business capabilities dictated by strategy (2) aligning process, technology and organization design and (3) through the financial lens of 'real options' shows how to quan

sap financial processes increases  Situation Assessment Abandoned its SAP implementation after investing over $20m in the project. Management relized late in the game that the system being implemented would not fit its new, decentralized management model that was believed to be a key source of competitive advantage. Spent 7 years and a half-billion dollars implementing a mainframe-based enterprise system. Abandoned the project and started over with a client-server version. The project duration exceeded the rate of technological change by s Read More

SAP to Invest Big Time in Africa


SAP recently announced a seven-year plan to up-skill local African talent and drive sustainable innovation and growth in Africa. The software giant plans to invest up to $500 million (USD) through 2020 as it continues to build on the region’s impressive double-digit growth rate momentum. The goal is to establish the African region as one of the company's top-five growth markets globally.

sap financial processes increases  Big Time in Africa SAP recently announced a seven-year plan to up-skill local African talent and drive sustainable innovation and growth in Africa. The software giant plans to invest up to $500 million (USD) through 2020 as it continues to build on the region’s impressive double-digit growth rate momentum. As part of this commitment, SAP Africa , led by Pfungwa Serima, is now taking responsibility for SAP operations across 51 African countries, including Morocco, Algeria, Tunisia, and Mauritania. 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 financial processes increases  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

SAP Gets Serious with SAP HANA and Mobility


Yesterday in San Francisco, SAP held a press conference to make two (perhaps three) major announcements about its strategy for the data management and mobility spaces. These announcements unveiled big-time movement in two major IT areas: data management and mobility. SAP HANA and Sybase At the press conference, Vishal Sikka, member of the SAP Executive Board for Technology and

sap financial processes increases  Gets Serious with SAP HANA and Mobility Yesterday in San Francisco, SAP held a press conference to make two (perhaps three) major announcements about its strategy for the data management and mobility spaces. These announcements unveiled big-time movement in two major IT areas: data management and mobility. SAP HANA and Sybase At the press conference, Vishal Sikka, member of the SAP Executive Board for Technology and Innovation, spoke about SAP''s roadmap for integrating Sybase and SAP''s strategy over Read More

SAP ERP


Through the SAP ERP platform, people in businesses around the globe are improving relationships with customers and partners, streamlining operations, and achieving significant efficiencies throughout their supply chains. Today, more than 17,000 companies in over 120 countries run more than 44,500 installations of SAP software.

sap financial processes increases  ERP Through the SAP ERP platform, people in businesses around the globe are improving relationships with customers and partners, streamlining operations, and achieving significant efficiencies throughout their supply chains. Today, more than 17,000 companies in over 120 countries run more than 44,500 installations of SAP software. 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.

sap financial processes increases  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. 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 financial processes increases  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

The Future of the SAP Economy—A Book Review of SAP Nation


P.J. Jakovljevic reviews a fascinating new book about software vendor SAP. And what a story it is! Written by Vinnie Mirchandani, it chronicles the current and future prospects of a $200 billion giant that has a glorious and profitable past—but may be looking at a future fraught with serious challenges at every turn.

sap financial processes increases  Future of the SAP Economy—A Book Review of SAP Nation SAP Nation: A Runaway Software Economy , by Vinnie Mirchandani, Deal Architect Inc, 262 pages, US$19.95   Vinnie Mirchandani’s is a seasoned enterprise software market observer (formerly an analyst at Gartner and consultant at PwC, as well as having been an SAP ERP-accounting user) who has vast experience in negotiating enterprise software deals for his clients ( Deal Architec t is one of Mirchandani’s trademarked companies and blogs). Read More