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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 improving your 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

Financial Packages RFI/RFP Template

General Ledger, Accounts Payable, Fixed Assets, Cost Accounting, Cash Management, Budgeting, Accounts Receivable, Financial Reporting, Project Accounting, Product Technology 

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Documents related to » sap improving your 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.

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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 improving your financial processes  performance management activities. SAP covers the full spectrum of requirements for performing your financial consolidation with our applications. Your account team can advise you on the best choice for your business. Comprising best-of-breed functionality, applications for financial performance management integrate enterprise data and processes to streamline traditional finance processes. Figure: Performance Management Processes Our applications support automated consolidation processes 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 improving your 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 b Read More

Improving Intercompany Reconciliation for a Faster Close: Driving Financial Excellence


Are you moving beyond the need to comply with legislation like the Sarbanes-Oxley Act (SOX), to focus instead on driving sustainability and control in your processes? Do you have an initiative to support the fast close—or does your ability to complete your accounting cycles and close your books need a boost? Learn about technology and a methodology that can help you deal with the intercompany reconciliation challenge.

sap improving your financial processes  Intercompany Reconciliation Continues | SAP Improving Intercompany Reconciliation | SAP Make Reconciliation Process More Efficient | SAP Reconciling Intercompany Accounts | SAP Intercompany Transaction Reconciliation Performance Management | SAP Peer-to-Peer Intercompany Reconciliation | SAP Identify Errors Intercompany Reconciliation | SAP Reconciliation of Intercompany Payable | SAP Intercompany Transaction Reconciliation | SAP Automating Intercompany Reconciliation | SAP Robust Functionality for Interc 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 improving your financial processes  A Four-Stage Action Plan SAP Solutions for Enterprise Performance Management For More Information Acknowledgements EXECUTIVE SUMMARY THE IMPORTANCE OF CLOSING BOOKS QUICKLY AND WITH QUALITY The term financial close describes a corporation''s ability to complete its accounting cycles and produce financial statements for internal management and external legal reporting. The require ment to close books quickly and with quality is emerging again as an important project for today''s global finance function. In Read More

Raising Your Business Intelligence Quotient: 5 Things Your Company Can Do NOW


How can you take your company from being a good company to a great company—and finally to an "intelligent" company?

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Spotfire Financial Analytics


Spotfire provides visual analytics software for the financial industry. Spotfire Financial Analytics gives users the ability to visually interact with their data, asking questions to reveal hidden patterns and biases. Users can easily change views, filters, and queries. Users can share sessions with colleagues or export them to applications like Word, Excel, PowerPoint, and Adobe Acrobat.  

sap improving your financial processes   Read More

TEC 2013 Market Survey Report: What Organizations Want in Accounting and Financial Software


Looking for an accounting and financial solution? This report can help you spot trends in the accounting and financial software space. See what your peers and competitors are looking for in those solutions, so you can develop a good understanding of what accounting and financial software vendors offer, what other companies have identified as important requirements, and what functionality might be a good fit for your company.

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Choosing a Monitoring System for Your IT Infrastructure-What Should Your Key Considerations Be?


With hundreds of monitoring solutions available, which ones are right for you? Many organizations spend months assessing different products, but find it difficult to distinguish between them, thanks to industry jargon—“proactive monitoring,” “root-cause analysis,” “service-oriented user views”… There are different ways to compare them, but before you even begin, you need to be clear on what your objectives are.

sap improving your financial processes   Read More

The "S" in SAP Doesn't Stand for Security (that goes for PeopleSoft too)


During the course of product evaluations for a customer, the Technology Evaluation Center has uncovered a potential security hole in SAP R/3's three-tier architecture. SAP has revealed that they expect the database or third party products to handle security between the application server and the database server. If the client does not take these extra measures, the master password for the SAP database instance travels over the network in the clear, and can be captured. PeopleSoft has the same issue.

sap improving your financial processes  S in SAP Doesn''t Stand for Security (that goes for PeopleSoft too) Event Summary During the course of product evaluations for a customer, the Technology Evaluation Center has uncovered a potential security hole in SAP R/3''s three-tier architecture. SAP has revealed that it expects the database or third party products to handle security between the application server and the database server. If the client does not take these extra measures, the master password for the SAP database instance travels 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 improving your 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

ITIL-Living Processes


The case company decided to carry out an information technology infrastructure library (ITIL) implementation, and in so doing hoped to make production in IT more visible, increase customer satisfaction, and maintain or increase employee satisfaction in IT. Implement Consulting Group facilitated the process selection and design and managed the requirement collection, selection, and implementation phases of the project.

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Integrating Actuals into Financial Plans


Integrating actuals into the planning cycle is usually a zoo. Financial and operating results are spread across multiple databases. Actual results and plan details are at different levels. Lack of underlying volumes and rates makes meaningful causal analysis difficult. Discover financial planning and analysis software that lets you fully integrate actuals, and plan using driver-based planning and reporting.

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Use Financial Analytics Solutions for Bigger Profits


And you can learn about it in the executive brief financial analysis clears the profit haze.

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