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165 results
Procurement Transformation: Automation in P2PJul 29, 2021 — As we move towards a digital economy, supply chain organizations are faced with finding new and innovate ways to transform and drive efficiencies — either through elimination or automation A focus area for many of these organizations is repetitive and/or administrative low- to non-value-added tasks. A prime candidate for this initiative is the procure-to-pay process […]
2 minute read
Technology is Accelerating Motor Oil Group’s Deep Energy Transformation, Innovation, and Expanded Customer ExperienceJul 6, 2021 — Motor Oil Group (MOG) is one of Greece’s largest companies undergoing a deep transformation from pure oil and gas company to full-fledged energy supply and services company.
The combination of mobility and new technologies is stated as one of the Group’s strategic priorities in transforming the fuel station of today and developing the non-fuel retail business. The shift is reflective of changing expectations in mobility-related products and services like electric vehicle charging stations, ride sharing, and other types of fuel; and convenient access to new services and products not currently associated with today’s fuel station.
Working with partners and with an agile methodology to quickly cycle from concept to prototype to scale, MOG is already starting to see business improvements from its strategies, including double-digit increases in non-fuel revenue, penetration of diversified fuels, and uptake on new product and service offerings.
Platform innovation is essential to the Group in fulfilling a personalized customer experience. A cloud-based platform for on-location employees will provide data at their fingertips and enable them to better understand their customers and their preferences and facilitate an improved service and sale experience.
Given its size and complexity, the Group looks for partners to bring innovation and specialization to support its customer experience evolution, aligning technology with the business goal of personalization as mobility and selection of non-fuel products and services evolve.
The company espouses the importance of meaningful collaboration with internal partners at all levels to achieve better results.
Read this article and learn:
- How environmental changes led Motor Oil Group to pursue its transformation;
- About MOG’s strategic priorities in transforming the fuel station of today and developing its non-fuel retail business;
- How the Group is fulfilling its personalized customer experience objectives and using a cloud-based platform for customer engagement;
- How strategic relationships are playing a critical role to bring innovation and specialization to support its customer experience evolution, aligning technology with the business goal of personalization.
5 minute read
The Strategic Role of Finance In Today’s Business LandscapeApr 12, 2021 — Finance teams have always been expected to fulfill a variety of reporting requirements to complete the financial close, also known as the record-to-report process. Today, that expectation has evolved, requiring finance professionals to deliver insights for both operational and strategic decision making. And yet completing operational tasks within the accounting and financial close process cannot be abandoned. In fact, these tasks need to be executed more efficiently than ever before. How can finance teams achieve operational efficiency within the record-to-report process and also become strategic partners to the business?
This article will provide best practices for how the finance department can simplify complexity and increase integration, achieve real-time insights into financial data, and add business value by helping leadership make informed and predictive decisions.
Read the article and learn:
- How SAP customers can achieve a more reliable and accurate view of the organization’s future financial results and move toward predictive accounting;
- Ways to shift focus from shortening time to close, to ensuring a continuous close process that delivers value on a regular basis; and
- How finance professionals can leverage these recommendations and best practices and take advantage of evolutions in financial planning and analysis capabilities to drive strategic decision making for the business.
9 minute read
IT Operation Transformations Do Not Have to Be Complicated, and They Will Save You MoneyJan 21, 2021 — Learn how SAP customers can minimize the manual effort involved in running and maintaining SAP environments by using intelligent technologies to automate repetitive tasks, eliminate human error, and improve the quality and availability of systems and business outcomes. CEO of Avantra, John Appleby, shares his insights on the paradigm shift that has occurred in much of the IT industry when it comes to administering enterprise systems. Read the article to learn:
- Where organizations are today in the move to automated IT operations
- SAP customers’ concerns over the security of their systems
- How investing in automation can free up money for business transformation
10 minute read
How to Gain a Complete Open Hybrid Infrastructure for Your Digital Enterprise with Red HatJan 18, 2021 — Most organizations are aware of the benefits of becoming an intelligent enterprise. Forward-thinking companies are migrating to SAP S/4HANA while at the same time increasing reliability, getting maximum value from their SAP investments, and maintaining a “clean” digital core by applying automation and smart management to the migration process. Additionally, organizations are achieving digital transformation and an agile IT ecosystem by enabling open hybrid cloud and cloud-native development using microservices for their SAP and non-SAP applications. How can you unlock the door to begin your own digital transformation journey?
Attend this session to gain insights on:
- Identifying challenges to becoming an intelligent enterprise and recommended solutions
- Automating processes so your team can spend more time focusing on innovation projects and tasks that add business value
- Enabling your IT workloads for hybrid cloud deployments to ensure agile integrations with SAP and non-SAP workloads
1 minute read
Jump-Start Your Process Automation Projects with Cloud-Based Artificial Intelligence TechnologiesNov 6, 2020 — For many organizations, artificial intelligence (AI) is no longer a future vision. It is already a key part of their plans for transforming into high-performing digital businesses with a competitive edge driven by automated processes and operations. To help its customers take advantage of AI to improve the efficiency of their business processes, reduce manual and repetitive work, and solidify the resilience of their operations, SAP offers SAP AI Business Services, a portfolio of cloud services that provide machine learning and AI capabilities for business applications. In this article, you will:
• Get an overview of how SAP AI business services fit into a comprehensive digital process automation strategy.
• Learn how these services can help SAP customers drive end-to-end process automation.
• Walk through two examples of how these services can improve processing time and quality: in a shared service center framework and in a business document processing scenario.
14 minute read
Beyond “Back to Best”Nov 4, 2020 — Companies that have become intelligent enterprises are defined by SAP as those applying technologies and best practices within agile, integrated business processes. At any time, but especially as we navigate a global pandemic, companies that have reached this status are more likely to experience resiliency, profitability, and sustainability. But what does it mean to be a resilient business in today’s uncertain environment, and how can organizations re-imagine their business models to adapt and enter the recovery phase—hopefully soon—better than they were before the crisis? This article explores how SAP’s intelligent enterprise strategy has evolved to help companies through this next phase with guidance that addresses effective networking, innovation, and climate change.
Read this article and learn:
- What it takes to become a resilient business today;
- How to remain agile in the face of disruption; and
- The role of intelligent technologies in addressing sustainability and the future of business.
10 minute read
Build Business Resilience in Uncertain Times with Robotic Process AutomationAug 15, 2020 — The sudden business interruption caused by COVID-19 has highlighted the need for organizations to ensure that their business processes are resilient and agile enough to adapt to rapid changes. Robotic process automation (RPA) can play a key role in helping organizations achieve these goals. With RPA, robots (or “bots”) can quickly and efficiently execute manual, repetitive jobs and, through application programming interfaces (APIs), can work between different systems, such as email systems and ERP systems, which allows them to work across entire processes.
This article provides a comprehensive look at how RPA can help build the business process resilience that is required in an unpredictable business landscape. You will learn:
• The main process challenges faced by businesses during a significant disruption, such as COVID-19, and how RPA can help
• Through a look at two examples, how SAP customers are using RPA to turn challenges presented by different types of business disruptions into opportunities
• How SAP can help organizations get started with RPA with solutions such as SAP Intelligent RPA
15 minute read
Modernized IT Paves the Way for the Experience EconomyJul 29, 2020 — Digital transformation is expected to only increase in importance, and likely at an accelerated rate as a result of recent global events, which have forced many businesses to quickly pivot to digital models and subscription-based services. SAP customers must be able to react quickly and adapt to new realities with little notice, and adopting next-generation solutions has been identified as a key element to ensure that businesses have the support and flexibility it takes to prosper in today’s experience economy.
Read this article to learn:
- Steps businesses can take to allow their employees more time to plan and execute transformation strategies;
- The relationship between experience management and modernized infrastructure—and how connecting the two can accelerate your business into the digital age; and
- Which traits are shared among businesses that are seeing greater financial results than their peers, and how they are related to modernizing your infrastructure.
7 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