Penn State University Re-Imagines Business Processes and Financial System with SAP S/4HANA

478 results

  1. Refine Your Financial Processes with Business Workflow

    Reading time: 11 mins

    Learn how and when you can trigger workflows, as well as their potential for automating processes and generating notifications, to support regulatory requirements. Practical examples of workflow along with the steps required to create a basic workflow prepare you to identify and take advantage of workflow opportunities. Key Concept You can translate any activity that…...…
  2. Mitigate Foreign Trade Payment Compliance Risk Using the Cockpit for Documentary Payments

    Reading time: 33 mins

    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. How Will Digital Transformation Impact Your SAP Financials Processes?

    Reading time: 23 mins

    In this Q&A session experts share strategic advice on how visionary companies optimize and automate finance processes to enable fast, accurate, and compliant financial decisions. If you missed the chat or need a refresher, we welcome you to view the online chat replay or read the edited transcript below. Meet the panelists:  Tom Walker is the OpenText…...…
  4. Transaction Manager Supports Sarbanes-Oxley Compliance

    Reading time: 18 mins

    Managing financial transactions with the right balance of functionality, flexibility, security, and efficiency is the ultimate goal of today’s competitive economy. An infrastructure that facilitates straight-through processing (STP) can best support these goals and provide the transparency that Sarbanes-Oxley compliance demands. SAP provides that infrastructure with Transaction Manager, a component of Treasury and Risk Management…....…
  5. Accelerate Your Financial Close to Support Strategic Decision Making

    Reading time: 17 mins

    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…
  6. Enable a Tax-Efficient Supply Chain in SAP ERP

    Reading time: 14 mins

    With increased focus on international markets, companies running SAP are continually looking to better manage the flow of goods in a tax-efficient way to help grow their business and improve their bottom lines. Find out some best practices and financial considerations when distributing goods in international markets. Key Concept To reduce costs when distributing goods…...…
  7. Custom Developments for FERC-Compliant Financials Reporting Using SAP HANA and SAP EPM 10

    Reading time: 31 mins

    Financials Follow the stages of the development of a real-life custom solution developed for financial reporting within the oil and mining, utilities, and electric and gas distribution industry in the United States. Compare this improved solution with the same processes executed in SAP ERP Central Component (ECC) Managerial Accounting (CO) and Financial Accounting (FI) modules…....…
  8. Discovery, Inc. Debuts New Financial Processes

    Reading time: 8 mins

    Three billion people across 230 countries currently consume lifestyle entertainment from Discovery, Inc. — a company that creates more than 8,000 hours of original programming in 50 languages each year and distributes television and digital content globally. After experiencing fast domestic and international growth, and with day-to-day accounting functions spread across offices in more than 20…
  9. Paul Ovigele

    SAP S/4HANA Finance: Revolutionizing and Modernizing Your Financial Processes

    Massive database sizes directly impact the complexity and cost of cloud migration, and often impact not only migration timelines, but also the possibility of compliance risks. The solution: Controlling data volumes by safely archiving data before it impacts performance, cost, availability, and migration success. Join this session hosted by Virtustream’s Lofan Leung, Director of Go…
  10. A Guide to SAP’s Credit Risk Analyzer

    Reading time: 45 mins

    SAP’s Credit Risk Analyzer sub-module focuses on measuring, analyzing, and controlling counterparty risks. Learn how to use and configure it. Key Concept The Credit Risk Analyzer includes a risk control through limits and flexible limit management with online monitoring and reporting. This functionality allows corporate executives to set limit controls in their SAP systems, monitor…...…