Automation in Finance

The availability of technology to improve core finance processes is driving organizations to assess and implement a variety of automation capabilities. Content in this category will show how SAP customers are using Robotic Process Automation as well as intelligent technologies such as machine learning and artificial intelligence to increase the efficiency and lower the cost of executing core finance processes such as order-to-cash and procure-to-pay. Learn what it takes to implement and use these technologies and how both clean processes and data are important prerequisites. Understand how automation capabilities are being built into core SAP S/4HANA functionality and where and when it makes sense to use third party automation solutions.

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  1. PwC

    Reading time: 0 mins

    PwC is a leading global professional services network focused on building trust in society and solving important problems. We work with clients from all industries to transform their business by developing and implementing innovative strategies, experiences, and technologies, in ways that are faster, more agile and accountable. With offices in 157 countries and more than 276,000 people, we help organizations and individuals create the value they’re looking for, by delivering quality in assurance, tax and advisory services.

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    SAPinsider 2022 Conference

    Save the dates for the annual SAPinsider conference taking place March 15-17 at the Bellagio Hotel & Casino in Las Vegas. Join an immersive experience designed to provide you with best practices and expert recommendations for maximizing on your SAP investments and preparing for new opportunities. The conference will bring the entire SAP ecosystem together to…
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    Automation Transforms Record-to-Report Processes

    Reading time: 5 mins

    Accounting and finance teams are under near-constant pressure to innovate their processes for greater efficiencies and a competitive edge. This has led to the integration of emerging technologies such as analytic tools and robotic process automation, allowing finance professionals to focus on broader financial strategies across the enterprise. That drive for innovation and efficiency led…
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    Drive Finance Automation with Continuous Innovation Culture

    Reading time: 6 mins

    By Ogo Nwanyanwu, Research Director, SAPinsider   Digital transformation often starts with financial automation. Finance and accounting teams that embrace a “culture of continuous innovation,” are well-positioned to drive process optimization in support of financial automation adoption.  Key Takeaways: Organizations are adopting financial automation to manage increased complexities and demand facing today’s finance function  End-to-end financial process automation adoption is now a critical component of engaging a finance/accounting workforce…...…
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    Future-Proof Remote Finance Teams with Automation

    Reading time: 2 mins

    By Riz Ahmed, Chief Research Officer, SAPinsider and Ogo Nwanyanwu, Research Director, SAPinsider  With remote teams on the rise, many organizations face difficulties finding a more secure and efficient way to manage end-to-end finance workflows in concert with SAP ERP source systems. Finance and accounting professionals have long relied on spreadsheets for the majority of…...…
  6. Optimizing the balance sheet through inventory management and finance analytics

    The Covid pandemic created economic and logistical shockwaves across companies as their operating models rapidly needed to adapt. Operational disruptions caused a cash flow imbalance, which coupled with financial misalignment made it extremely challenging to manage inventories. The result? Finance has now become a strategic enabler on how operational excellence is achieved and controlled. Join…
  7. Optimizing the balance sheet through inventory management and finance analytics

    Reading time: 0 mins

    The Covid pandemic created economic and logistical shockwaves across companies as their operating models rapidly needed to adapt. Operational disruptions caused a cash flow imbalance, which coupled with financial misalignment made it extremely challenging to manage inventories. The result? Finance has now become a strategic enabler on how operational excellence is achieved and controlled. Join…
  8. Stonebranch

    Stonebranch builds IT orchestration and automation solutions that transform business IT environments from simple IT task automation into sophisticated, real-time business service automation. No matter the degree of automation, the Stonebranch Universal Automation Center (UAC) is simple, modern, and secure. As an alternative to legacy SAP job schedulers, the UAC offers next-gen power that’s certified by SAP for the latest HANA and NetWeaver versions. Headquartered in Atlanta, Georgia, with points of contact and support throughout the Americas, Europe, and Asia, Stonebranch serves some of the world’s largest financial, manufacturing, healthcare, travel, transportation, energy, and technology institutions.

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    Trintech and Planful Partnership

    Reading time: 3 mins

    by Ogo Nwanyanwu, SAPinsider, Research Director, Financial Management & Technology   Trintech and Planful Announce Strategic Global Partnership Trintech, a financial close automation software company, and Planful, a cloud financial planning & analysis (FP&A) software company, recently announced a strategic global partnership. The agreement provides mid-sized organizations with integrated, automation solutions for end-to-end finance and accounting processes.    Grant Halloran, CEO of Planful, comments on the opportunity with Trintech, “This…
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    Serrala Secures Majority Investment from Hg

    Reading time: 3 mins

    By Ogo Nwanyanwu, Research Director, SAPinsider   Global B2B financial automation software company, Serrala recently announced a majority investment from global software and services company, Hg. Terms of the deal were not disclosed, as the transaction between the two, private German-based companies has yet to close. Serrala CEO Sven Lindemann and private equity backer, Waterland, will remain as large minority shareholders in the…