SAPinsider’s Business Continuity Track Includes Case Study on Modernized Accounting
Completing the Virtual Close
413 results
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How Tate & Lyle “Makes Food Extraordinary” with Improved Finance Functions
Tate & Lyle, a global provider of specialty food ingredients and solutions, relied heavily on manual, spreadsheet-based processes to manage its account reconciliations. With locations in the Americas, Europe, the Middle East, and Africa, regional reconciliations were an unwieldy exercise that often tied up the finance team in administrative tasks like hunting down missing signatures…
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CNH Industrial Cultivates Automated Account Reconciliation Landscape
CNH Industrial, a global capital goods corporation specializing in the manufacture of agricultural and construction equipment, along with commercial vehicles and powertrain solutions, takes pride in designing and producing machines that “keep agriculture and industry growing.” But with more than 63,000 employees, 64 manufacturing plants, and 50 research and development centers, managing financial tasks is…
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Under Armour Gears Up for an Automated Financial Close
As a global company tracking unprecedented growth, Under Armour needed to leave behind its manual approach to account reconciliations and journal entries. The company sought a web-based platform that would make the process more efficient and minimize risk. Delve into how software from BlackLine automated Under Armour’s financial processes and allowed employees to step away…
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How to Automate and Streamline the Financial Close Process in Your SAP Systems
In this Q&A, experts provided tips and best practices for automating and streamlining the financial close process, including deep insight into suggested tools ways to leverage those tools for improved error management, faster data extraction, and greater efficiency. If you missed the chat or need a refresher, we welcome you to view the online chat...…
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The Sweet Taste of Success
The Hershey Company, known for its chocolates, sweets, mints, and snacks, is a household name for many families around the world. Founded in 1894, Hershey continues to expand its business across 70 locations and 80 brands. With 4,104 accounts and growing, the reconciliation process soon became too unwieldly for the finance department to maintain as-is.…
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Timken’s Accounting Automation Enables a Virtual Close and Streamlined Audits
For companies with growth strategies that rely heavily on acquisitions, there are multiple complexities involved with integrating the systems, data, processes, and people. In addition, the challenge of maintaining a remote workforce due to recent global events comes with its own set of complications. However, somehow through all this complexity, products are still being made,…
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Clearing Open Items in SAP Systems: Q&A on Best Practices for Reconciliation and Automation
BlackLine’s Michael Gilmartin and Stephen Wolfman offer tips and best practices for reconciling open item accounts. If you missed the chat or need a refresher, you can view the chat replay or read the edited transcript below. Meet the panelists: Michael Gilmartin, Director, Solutions Consulting, BlackLine Stephen Wolfman, Director, Product Management, BlackLine Live Blog...…
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How to Comply with IFRS 15 Regulations Using SAP Revenue Accounting and Reporting 1.2
Learn how to set up SAP Revenue Accounting and Reporting 1.2 in SAP ERP Central Component (ECC) 6.0 to comply with the new accounting standard regulation IFRS 15. The new regulation was jointly released by two leading accounting standard bodies: the International Accounting Standards Board (IASB) and the Financial Accounting Standards Board (FASB). Key Concept...…
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SAP S/4HANA Finance: Understand the Different Options and Nuances of Enabling Parallel Accounting in New Asset Accounting
Learn about the configuration options available in SAP S/4HANA Finance to set up parallel accounting aligned to different accounting principles, especially when you are migrating from classic Asset Accounting (FI-AA), a parallel accounts approach, to the new FI-AA module. Key Concept The SAP S/4HANA Finance system provides a transparent, real-time, optimized IT solution for implementation...…
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Moving Average Price: Learn How It Functions in Project Stock and Figure Out How to Explain the Unexplainable
A lot can go wrong if you don’t understand moving average price. Sort out the complexities that arise when material movements, invoices, reversals, and purchase order history interact with moving average price. Understand both the cause and the cure for the frustration and confusion. Key Concept Materials that are entered into an SAP system as...…
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