Re-Imagining Global Tax Management in the Cloud

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  1. How The Home Depot Rebuilt Its Financial Operations

    Simplify processes and systems, and gain accurate, timely information. Provide decision-makers with real-time data and insights. Learn how to lower the cost of service by adopting cloud technologies. This initiative can merge the number of systems needed to finish tasks while offering interfaces that are more user-friendly. With more standardized processes, your company will receive…
  2. Mitigate Foreign Trade Payment Compliance Risk Using the Cockpit for Documentary Payments

    Learn how the Cockpit for Documentary Payments can be used to facilitate international customers’ payment compliance, thereby reducing the risk of doing foreign trade. Follow steps to implement the Documentary Payments component in SAP sales and distribution (SD). Key Concept The Cockpit for Documentary Payments provides automated financial documents to facilitate payment guarantee procedures required…...…
  3. Accelerate Your Financial Close to Support Strategic Decision Making

    Establishing an efficient financial close is a challenge for many businesses due to the number of people and complexity of tasks involved, and yet it is key to a best-run finance organization. By understanding how financial transformation—including the use of automation to increase operational efficiency—can support finance teams in the close process and add more…
  4. 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…...…
  5. Manage Role-Based Authorization for Cloud-Based SAP Integrated Business Planning

    Learn how to effectively manage stakeholder access for SAP Integrated Business Planning for sales and operations 4.0. Key Concept SAP Integrated Business Planning for sales and operations is a solution powered by SAP HANA that supports an organization’s end-to-end sales and operations planning business process on the cloud. In SAP Integrated Business Planning for sales…...…
  6. SAP Central Finance

    Reading time: 16 mins

    For companies looking to reimagine their business models for greater operating efficiency, better customer service, and improved financial performance, unifying their enterprise finance model can be a game changer. SAP S/4HANA innovations such as SAP Central Finance make this possible, according to two SAP advisors. In this thorough breakdown, which explains other innovations within SAP…
  7. How SAP IT Operations Analytics Can Boost Performance across the IT Landscape

    In order to run an efficient and agile IT environment, professionals across industries are striving to gain holistic, transparent insights across their IT landscape, identify the root causes behind incidents, and be able to analyze and prevent incidents instead of just reacting to them. But the complexity and segregation within most IT environments prevent organizations…...…
  8. Photonics Manufacturer Transformed Its Financial Operations

    On a mission of “enabling the future through light,” Excelitas Technologies Corp. is a global technology leader focused on manufacturing photonics components. To support the company’s heavy acquisition strategy, Excelitas needed to embrace the 21st century, says Vice President for Global Business Services Robert Ersoni, by addressing the organization’s greatest challenge — integration. Excelitas needed…
  9. Transform Supply Chain and Financial Operations with Cross-Functional Analytics: The GKN Story

    Many organizations struggle to translate their SAP data into actionable insights. Learn how GKN Automotive, the world’s largest supplier of driveline technologies to the automotive industry, has transformed its supply chain and optimized its systems by incorporating operational and financial analytics. This cross-functional reporting strategy enables the organization to focus on improving enterprise-wide KPIs and…
  10. Penn State University Re-Imagines Business Processes and Financial System with SAP S/4HANA

    Reading time: 5 mins

    Relying on decades-old technology can cost institutions time, money, and valuable manpower. The importance of a digital transformation strategy is expected to accelerate as universities look to adapt to the ongoing pandemic. In this case study, Penn State University serves as an example of how important digital transformation projects can be to an institution of…