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5 results
Live from SAPinsider 2023: Legacy Data Complexity a Barrier for Finance TeamsMar 22, 2023 — Connecting with SAP customers attending finance track pre-conference sessions at the SAPinsider 2023 Conference in Las Vegas presents a unique opportunity for understanding what is top of mind for our SAPinsider finance community. In conversations with SAPinsiders on site, the most consistent answer is data — primarily the challenges of legacy data complexity as organizations evaluate plans SAP S/4HANA for pre- and post-implementation. Recent research across our SAPinsider finance community reveals that executive demand for reporting, planning, and insights from finance is a key driver for many organizations considering a move to SAP S/4HANA. Yet when talking with SAP users attending finance sessions, many expressed concerns about the complexity of legacy data and how it impacts their SAP S/4HANA transition roadmap.
2 minute read
FICO is a Flash: Live Costing and Profit Insights on the FlyMay 25, 2021 — This last year has been challenging for companies across multiple industries. Managing costs and tracking revenues have been critical over this timeframe. As the market recovers, organizations need to be able to quickly and accurately assess these areas to track business performance, identify growth opportunities, and ultimately invest wisely. However, accessing the correct data in […]
1 minute read
Accelerate Your Financial Close to Support Strategic Decision MakingJul 6, 2020 — 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 value to the business, finance teams can spend less time on mundane tasks and more time engaging in value-added activities. This article analyzes two workstreams that are essential to the financial close process, and how SAP solutions complemented by BlackLine applications can support these workstreams and improve the close process.
After reading this article you will be able to:
--Understand the stages of the financial close, which range from transactions to analytics;
--Explain how financial accounting, controlling, and planning work together to enable insight into the financial status of a company;
--Define the solutions that are available to support both the R2R and the FP&A workstreams; and
--Identify how BlackLine applications complement the solutions provided by SAP and how they fit into the overall financial close process.
17 minute read
Taking Control of ProfitabilityFeb 27, 2020 — Drive organizational performance with an advanced and purposeful approach to profitability management. Learn what Ventana Research believes are the technology requirements for taking control of the profitability management process, beginning with addressing the four main challenges to obtaining accurate measurement of costs and cost drivers.
1 minute read
Key Considerations When Moving Financial Planning and Reporting to the CloudFeb 25, 2020 — Moving key business functions to the cloud involves a host of considerations, particularly when it comes to moving to a cloud-based financial planning and reporting solution. A major goal for any business evaluating the transition is to translate the value back to the organization, which requires evaluating cost of ownership, understanding practical first steps to stand up a working proof of concept (POC), and obtaining buy-in from the rest of the organization.
4 minute read