BT Group Chooses SAP S/4HANA to Transform its Finances
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BT Group Chooses SAP S/4HANA to Transform its Finances
Reading time: 2 mins
BT Group will now run SAP S/4HANA to support its ‘Making Finance Brilliant’ finance transformation initiative. -
Build a Financial Scorecard with SEM
The Balanced Scorecard is a helpful and integral part of the Strategic Enterprise Management (SEM) module, but sometimes your data requires a specific functional focus that is unavailable with this tool. For example, if you need easy access to financial information, then using a financial scorecard can greatly benefit your organization. The author takes you…...… -
Insights From Haresh Chhaya, SAP Treasury and Working Capital Solutions Leader: The Challenges of Cash Flow Forecasting for SAP Customers
Cash flow forecasting is crucial for businesses, but complexities arise from disconnected financial systems. Dive into insights from SAP’s Haresh Chhaya on how integrated solutions can address these challenges and optimize financial strategies. -
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A Smarter Approach to Intercompany
Companies are constantly, merging, shifting, growing, and reorganizing across borders. Finance and accounting teams must coordinate transactions among different parts of the business, which often span between different geographic locations. These sectors each have their own tax laws and regulatory bodies to appease, which may be in flux. Many large multinational organizations also have a… -
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… -
Lessons from Birmingham City Council Failed Payments/ERP Implementation: A Closer Look at Vendor Selection
Modernizing financial systems, particularly within SAP ecosystems, is not a trivial undertaking. A deep dive into the Birmingham City Council case highlights significant departures from software procurement best practices and a stark underestimation of the project’s requisites by the supplier. A strategic approach to vendor selection is required to mitigate risks. By focusing on crucial… -
Transforming Invoice Management in SAP with Insights from OpenText’s Matthias Niessen
Invoice management is an essential operation for many businesses, yet all too often these functions are handled manually. This can cause payment discrepancies, processing issues, delayed payments, and limited visibility. These challenges grow even worse as many companies process invoices manually across multiple systems external to SAP ERP. To help address these challenges, OpenText introduced… -
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Top SAP Analytics Cloud Q3 2023 Quarterly Release Updates for Finance Teams
Many finance teams within SAP organizations face a similar struggle – essential business processes are frequently siloed and disjointed and require manual interventions on a regular basis. This not only takes significant time and financial resources, but it introduces the possibility of errors. Finance teams must utilize advanced tools and solutions to keep pace with… -
Lowering Operational Costs during High Inflation Periods
Defraying Inflation As a small business owner, you understand the importance of being fiscally responsible and keeping your business afloat during difficult times. With the current pandemic and high inflation, many small businesses are struggling to make ends meet. Courtesy of SAPinsider, here are some tips on how to stay afloat while navigating these uncertain… -
Desire for Modern F&A Skills to Support Financial Close Transformation
As digital technologies continue to evolve, the transformation of the financial closing process represents a crucial priority for finance and accounting professionals and organizations. Automating routine closing cycle tasks can enable F&A teams to drive enhancements across the financial closing cycle. This is one of the key takeaways from the SAPinsider Financial Close Transformation benchmark…
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