finance
109 results
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Solenis to Shorten Customer Order Fulfillment from Weeks to Days with CAPEX App
Solenis ran CAPEX requests and approvals primarily through a legacy HCL Notes (formerly Lotus Notes) system, but the process crosses into several different systems, including Microsoft Excel, SAP ERP, and Salesforce. Unfortunately, this highly customized system ran a very loosely defined and documented process with no automated financial authority validations and limited visibility into the…
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Premium
SAP S/4HANA Finance for Group Reporting (On-Premise)
Integrating financial consolidation tools with SAP S/4HANA source data, ensuring a smooth monthly close, and remaining agile in changing business environments remains a concern for SAP customers. To address these concerns SAP created SAP S/4HANA Finance for group reporting. Initially released in version 1809, the new and improved functionality is available in version 1909. Learn…
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Introduction to SAP Joint Venture Accounting, Part II
A joint venture (JV) is an arrangement in which two or more parties come together and agree to pool their resources for a specific task. This task can be a new project or any other business activity. In a joint venture, each partner is responsible for profits, losses, and costs associated with the venture. Joint…
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An Introduction to SAP Joint Venture Accounting, Part I
A joint venture (JV) is an arrangement in which two or more parties come together and agree to pool their resources for a specific task. This task can be a new project or any other business activity. In a joint venture, each partner is responsible for profits, losses, and costs associated with the venture. Joint…
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SAPinsider’s Business Continuity Track Includes Case Study on Modernized Accounting
“Traditional manual accounting is chaos and in the current environment it just got a lot harder,” Michael Gilmartin, Vice President, Value Architecture, at BlackLine, says. During the business continuity track as part of SAPinsider’s 2020 virtual event, Gilmartin will be joined by Molly Boyle, Finance Transformation Expert, at BlackLine and Sue Mozdzer, Finance Transformation Leader,…
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Freely-Definable Currency and Financial Statement Version (FSV) Setup
Global SAP customers often need operational currency that differs from the national currency their legal entity(s) resides in. To reconcile this discrepancy, SAP customers have, in the past, created mirror company codes, used special ledger, or performed currency conversion/translation in a data warehouse (i.e. SAP BW/BPC) to support their reporting needs. According to delaware Consulting,…
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Hershey’s Minimizes Management Adjustments to Financial Close
About 31% of the SAPinsider Community chose the “need to reduce time required to generate data and reporting at period close” as a key driver for their SAP S/4HANA Finance strategy, according to SAPinsider’s upcoming research on the “SAP S/4HANA Finance: State of the Market.” Additionally, 58% of the same survey’s respondents chose financial close…
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Advanced Compliance Reporting (ACR)
SAP S/4HANA for advanced compliance reporting makes taxes easier to manage, file, and submit, especially for companies that deal in many different countries and with varying tax requirements. SAP's solution help simplify the complex tax submission process that most multinational businesses face. In this article an SAPinsider Expert will walk you through how to configure,…
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Launching Platforms for Personalized, Behavioral, Customer-Centric Engagement in Banking and Insurance
Learn how Discovery Group recently partnered with SAP to extend its offerings to provide personalized, behavioral, customer-centric engagement, journeys, and outcomes for its members. On the insurance side of the business, Discovery Health created a unique program to incentivize healthy behavior through its Vitality brand, rewarding members for their healthy living choices. On the banking…
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What Did Members of the SAPinsider Community Contribute in March?
We covered SAP S/4HANA migration topics, how to improve customer experience, several ways to optimize your supply chain function, and considerations for deploying SAP to the cloud.
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