Core Accounting & Financial Close

Recent SAPinsider research shows core accounting and financial close processes continue to be significant pain points for SAP customers. A primary reason is a proliferation of complex, poorly integrated, and manual accounting processes. Content in this category will help customers understand how to apply both best practices and technology to mitigate this pain and improve overall efficiency. We will explore the application of both automation and intelligent technologies to improve accounting processes along with lessons learned and tips for success. We will also examine the benefits, trade-offs, and challenges of standardization vs. customization within core finance and benchmark leading vs. lagging practices and results.

Results

  1. cbs-Consulting

    Reading time: 0 mins

    cbs Corporate Business Solutions is a global SAP consulting company specialized in complex transformation projects like Carve-Outs, Post merger integrations, move to SAP S/4HANA, and global SAP rollouts. A global leader in SAP data migration and founding member of the Selective Data Transition Engagement group, cbs is the only SAP partner with an end-to-end portfolio that delivers both technical and functional consulting expertise, combined with proven transformation software allowing us to deliver such projects out of one hand. Our consultants across 20 locations worldwide design, optimize and manage digital business processes for mid-sized industrial corporations, hidden champions, and large enterprises.

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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…
  3. SAPinsider Technology Insight image

    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…...…
  4. Discussion with Trintech's Michael Ross image

    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…...…
  5. Using Financial Analytics to Unlock Data Insights

    Watch this fireside chat with top experts who will discuss practical strategies for integrating SAP data with modern analytics to accelerate business insights for finance professionals. As a finance team, you want to become the most strategic partner to your organization’s lines of business. But are you tired of waiting for never-ending processes to gather…
  6. E2E Finance Automation Growth image

    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…
  7. Celonis

    Celonis believes that every company can unlock its full execution capacity. Powered by its market-leading process mining core, the Celonis Execution Management System provides a set of applications, and developer studio and platform capabilities for business executives and users to eliminate billions in corporate inefficiencies. Celonis has thousands of customers, including ABB, AstraZeneca, Bosch, Coca-Cola, Citibank, Danaher Corporation, Dell, GSK, John Deere, L’Oréal, Siemens, Uber, Vodafone and Whirlpool. Celonis is headquartered in Munich, Germany and New York City, USA and has 15 offices worldwide.

  8. Make the move to modern accounting with BlackLine Solutions for SAP

    Spreadsheets, disparate systems, and limited resources. In today’s uncertain economy Accounting is called to provide more real-time information and to do more with less. But their traditional manual processes are standing in the way .Many F&A leaders are using disruption as a catalyst for change. Controllers are turning to cloud technology like BlackLine’s solutions for…
  9. Achieve improved productivity and efficiency by automating SAP Finance processes

    Accounting and finance departments are continuously looking to automate, streamline and improve business processes without adding complexity to their operations. Cumbersome manual processes consume significant time and effort and needlessly extend a closing period. And home-grown upload solutions tend to be very limited, lacking flexibility and requiring IT support, slowing down productivity. - Learn how…
  10. What you need to know about SAP S/4HANA Cloud for advanced financial closing

    The entity close is a key milestone in every company's record to report process. Get a detailed overview of SAP’s new Cloud service for close orchestration that can help your company streamline the close for improved efficiency and compliance. Attend this session to: - See the solution in action - Learn how SAP S/4HANA Cloud…