An End-to-End Solution for Global Compliance - cbs’ E-Compliance Solution

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  1. Contact intelligence

    An End-to-End Solution for Global Compliance – cbs’ E-Compliance Solution

    Reading time: 2 mins

    Global legal and fiscal requirements in business-to-government scenarios such as e-Invoicing, e-Governance, e-Reporting, e-Delivery, and e-Transport are exceptionally stringent. Using the managed cloud solution from cbs, the cbs World Cloud significantly reduces complexity in SAP systems and external interfaces and externalizes unplanned and repetitive tasks, freeing up central IT specialists from local, country-specific tasks and…

  2. Manage Multiple Compliance Initiatives Using the Multicompliance Framework in SAP Process Control 10.0

    Learn how different compliance initiatives can coexist within a central compliance management repository while harnessing existing master data. This leads to a more efficient regulatory adherence process. Key Concept Compliance initiatives are a set of regulations and legislations that an enterprise is expected to adhere to strictly in the process of conducting its business activities....…

  3. Manage Multiple Compliance Initiatives Effectively Leveraging Shared Master Data

    When different teams work with different procedures in different software solutions to address the many internal policies and external regulations to which a company is subject, it leads to inconsistent master data, unnecessary costs, and a lack of management visibility. SAP Business Objects Process Control 3.0 comes with a global master data catalogue and a...…

  4. Reduce Costs for Compliance by Implementing a Risk-Based Internal Control Solution

    Costs for compliance and fraud prevention have risen significantly in recent years and with the current economic situation we’re likely to manage more regulations in the future, further driving costs up. Companies relish efficiency in the GRC space to garner the true benefits of compliance. One means of more efficient compliance is an integrated solution...…

  5. Remediate Issues within Financial or Operational Compliance Initiatives in a Single System of Record

    Too often, controls are managed using inadequate tools (e.g., point solutions, document repositories, and spreadsheets) that require too much manual tracking and updating. With SAP BusinessObjects Process Control 3.0, you can streamline issue identification and remediation with automated task notification and workflow-driven remediation plans. Key Concept SAP BusinessObjects Process Control 3.0 comes with an advanced...…

  6. Optimize Your Statutory Reporting Tasks Using SAP S/4HANA for Advanced Compliance Reporting

    In multinational organizations, reporting requirements are increasing day by day. Keeping track of all the reports generated and submissions can consume a lot of time and resources. The reporting format also changes over time due to changing regulations, and compliance with this format is of the utmost importance. Learn how to use SAP S/4HANA for...…

  7. Reduce Costs in Compliance Management with a Top-Down, Risk-Based Scoping Approach

    With the requirement of identifying and assessing the design and operating effectiveness of internal controls many companies have ended up producing too much documentation and performing more testing, resulting in increased costs of compliance. Regulatory agencies such as the US Securities and Exchange Commission and the Public Company Accounting Oversight Board (PCAOB) encourage companies to...…

  8. Analyze Segregation of Duties in Legacy Systems with Compliance Calibrator

    Reading time: 23 mins

    Starting with Compliance Calibrator 5.1, and continuing with versions 5.2 and 5.3, you can connect Compliance Calibrator to non-SAP systems to perform Segregation of Duties analysis. See how to set up Compliance Calibrator to do this in six steps. Key Concept Compliance Calibrator is one of SAP’s solutions for GRC. It provides real-time controls compliance...…

  9. Take Advantage of Automated Controls for Continuous Monitoring and Compliance Testing

    Learn how the different options for control automation included in the automated control framework in SAP BusinessObjects Process Control 3.0 turn tedious and error-prone manual tests into a repeatable automated process. Key Concept A centralized and automated approach to continuous control monitoring and testing of effectiveness can considerably reduce effort, cost, and reliance on external...…

  10. Comply with Mandatory E-Invoicing with Confidence

    Over the years, companies have been replacing paper invoices with electronic versions to improve agility and to gain better insights into their business. In recent years, however, tax authorities and governmental organizations in an increasing number of countries have begun enforcing the use of electronic invoicing (e-invoicing) by law to combat fraud and save costs,…