Technology
Technology today plays a major role in supporting how organizations run today. Advances in computing power and technology are the primary driver behind the digital transformation that enterprises across industries are actively engaged in. Technology helps facilitate how organizations run their operations across functions like sales, marketing, operations, supply chain and finance. From helping streamline business processes to integrating people and processes across functions, the role of technology in helping businesses run and transform today cannot be overemphasized.
SAP and Partner Technologies
Technology today plays a major role in supporting how organizations run today. Advances in computing power and technology are the primary driver behind the digital transformation that enterprises across industries are actively engaged in. Technology helps facilitate how organizations run their operations across functions like sales, marketing, operations, supply chain and finance. From helping streamline business processes to integrating people and processes across functions, the role of technology in helping businesses run and transform today cannot be overemphasized.
SAP and Partner Technologies
Enterprise software technology companies like SAP have, for decades, helped provide organizations with technology tools that can help them run their businesses more effectively and efficiently. SAP and partner technologies today focus on technology solutions across various industries like energy & natural resources, service industries, consumer industries, discrete industries, financial services, and public services. Technology solutions offered range from Enterprise Resource Planning (ERP) solutions to technology platforms that can help organizations build intelligent enterprise capabilities.
Business Technology Categories
Enterprise Resource Planning: These solutions help organizations integrate business processes across their enterprise and facilitate a seamless information flow across the organization. These solutions generally have modules focused on various functions and sub-functions that exist within organizations such as finance, procurement, CRM and customer experience, HR and people engagement, and supply chain management. Best-of-breed ERP solutions integrate both transactional/operational as well as planning capabilities.
Specialized business operations point systems: These solutions are specialized solutions focused on certain functions or business processes within certain functions and are transactional systems that help capture business operations transactions. Examples are supply chain and logistics, accounting solutions, treasury management solutions, GRC solutions, spend management solutions, HR and payroll solutions, CRM systems etc.
Planning point systems: These systems focus on business planning, often leveraging data from transactional systems or modules for planning purposes. Examples of such systems are supply chain planning systems, financial planning and analysis systems, business intelligence (BI) tools, and advanced analytics solutions. These solutions or systems help generate insights from the data that can then help organizations run their operations more effectively.
422 results
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How Grainger Saved Costs While Fast-Tracking SAP S/4HANA Adoption
Grainger faced mounting data challenges while preparing for an SAP S/4HANA migration, with rapid database growth and complex legacy structures. Through expert-led data archiving and optimization, they achieved a 66% volume reduction, saving over $1.5 million in annual costs and accelerating their migration timeline. The project highlights how clean core strategies and efficient data management…
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The Role of Accruals Automation in Streamlining Financial Workflows
Automating the accrual process transforms financial closing by enhancing accuracy, compliance, and transparency while reducing manual effort. Tools like accrual automation engines and integrations with ERP systems streamline approvals, enforce regulatory standards, and provide audit-ready reporting. By leveraging automation, organizations can improve financial reporting, mitigate compliance risks, and increase productivity across finance teams.
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5 Ways Accrual Process Automation Helps Ensure Compliance within SAP
Automating the accrual process transforms financial closing by enhancing accuracy, compliance, and transparency while reducing manual effort. Tools like accrual automation engines and integrations with ERP systems streamline approvals, enforce regulatory standards, and provide audit-ready reporting. By leveraging automation, organizations can improve financial reporting, mitigate compliance risks, and increase productivity across finance teams.
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Is My Business AI Ready? Laying the Data Foundation for Successful AI Implementation
Successful AI adoption requires more than enthusiasm; it depends on the readiness of an organization’s data and infrastructure. Companies must focus on data quality, governance, accessibility, integration, and security while managing both structured and unstructured data to create a cohesive AI-ready environment. Coupled with strategic alignment to business goals, these practices lay the foundation for…
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6 Best Practices for Setting Up Retention Policies in SAP
Setting up effective SAP retention policies is essential for regulatory compliance, data security, and operational efficiency. Organizations should categorize data, apply automated retention rules via SAP ILM, and maintain audit-proof records while customizing policies to meet global and industry-specific regulations. Regular testing and monitoring ensure that retention policies function correctly, enabling organizations to manage data…
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Building a Budget for Your Journey to SAP RISE
A successful SAP RISE transformation starts long before cloud migration approval, with careful budgeting, data analysis, and requirement gathering. Reducing data volumes through cleaning and archiving helps lower migration costs, simplifies system integration, and ensures regulatory compliance. By planning early, defining clear requirements, and aligning timelines with the SAP ECC end-of-life, organizations can create a…
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Understanding Data Tiering vs. Data Archiving: Which is Better to Prepare for SAP RISE?
Effective data management is critical for a successful SAP RISE or S/4HANA migration. While data tiering helps optimize storage for frequently accessed data, it does not address migration speed, compliance, or long-term management. Data archiving, on the other hand, moves inactive data to cost-effective storage, reduces migration complexity, ensures regulatory compliance, and provides long-term cost…
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The Hybrid Approach for End-to-End Procure-to-Pay (P2P) Automation
Efficient P2P management is critical for operational success, yet manual processes create inefficiencies, errors, and compliance risks. By adopting a hybrid automation approach, integrating SAP Ariba for procurement, OpenText VIM for invoice management, and AI-powered accruals, organizations can streamline sourcing, invoicing, and financial close while maintaining compliance and visibility. This end-to-end automation delivers faster cycle…
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Managing HR Documents from Recruit to Retire — Extended ECM for SuccessFactor
Managing HR documents across the employee lifecycle can be complex and compliance-intensive. SAP Extended ECM by OpenText for SuccessFactors simplifies this by centralizing all HR-related content, automating document workflows, and ensuring governance and data security. By integrating with SuccessFactors, organizations can streamline onboarding, enhance compliance, and deliver a more efficient and user-friendly HR experience.
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Navigating M&A Compliance: Key Challenges and Solutions for Mergers, Acquisitions & Divestitures
Mergers, acquisitions, and divestitures demand strategic management of IT systems and data to maintain compliance and operational stability. Companies face challenges such as integrating or separating complex infrastructures, managing data effectively, and retiring outdated systems. By adopting structured solutions, like improving data governance, optimizing business processes, and leveraging modern technologies, organizations can turn these transitions…
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