SAP Digital Asset Management
What is SAP Digital Asset Management?
Digital asset management is both a process within an organization, as well as the technology used as part of that process. The goal of digital asset management is to create a centralized system for organizations to store and organize their digital assets. Types of assets typically included within digital asset management systems include documents, images, audio content, video, media files, graphics, presentations, or any digital media that requires rights to use.
SAP Digital Asset Management by OpenText is SAP’s digital asset management solution, which is specifically focused on capturing, managing, and delivering digital assets so that organizations can promote brand and marketing messages of their portfolios, products, and services. SAP’s solution is not home grown, but is a partner solution provided by OpenText, and the official product name is SAP Digital Asset Management Cloud by OpenText.
Vendors offering digital asset management services for SAP include: OpenText
835 results
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Capitalize Assets with Budget Monitoring Using Statistical Internal Orders
See a method of direct capitalization with budgetary control that eliminates the need to post to the internal order and settle it. This method is best suited for simple budget monitoring of certain groups of assets — for example, lump sum budgets for furniture and fittings. Key Concept In an SAP system, assets are capitalized...…
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SAP Intelligent Asset Management (SAP IAM)
Enterprise Asset Management (EAM) is essential for asset-intensive organizations to optimize asset health and performance, and SAP’s Intelligent Asset Management (SAP IAM) suite provides a comprehensive solution for real-time monitoring, predictive maintenance, and collaborative asset intelligence to enhance decision-making and improve operational excellence across various industries.
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Take the Guesswork Out of Making Asset Changes
When troubleshooting issues with fixed assets, you can use the simulation tool to simulate depreciation term changes and asset transactions to ensure your depreciation adjustments are correct. Key Concept When troubleshooting or diagnosing issues in SAP ERP, it is common to make changes to data or post new transactions to rectify a given problem, such...…
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Discover the Time-Dependent Depreciation Parameters of the New Depreciation Calculation in mySAP ERP 2005
As of mySAP ERP 2005, SAP has delivered a new depreciation calculation in Asset Accounting. This algorithm introduces new depreciation concepts as well as new functionality — period interval-based parameters and time-dependent depreciation parameters. Key Concept The new depreciation calculation available with mySAP ERP 2005 is 100% compatible with the older one. No configuration changes...…
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Dealing with Ukraine Regulations? Understand How to Account for Fixed Asset Repairs
Leverage the country-specific functionality of your SAP system for efficient accounting and compliance with local Ukrainian laws and regulations. Key Concept Fixed asset repair costs are usually charged off when they are incurred. However, Ukraine law has a distinctive requirement to capitalize such costs if they exceed a certain limit. An SAP system provides a...…
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How to Integrate FI-AA with the New G/L for Segment Reporting
With the new general ledger (G/L), you no longer need custom programs or user exits to obtain the asset balances for segment reporting. Instead, you can update profit center/segments details for all asset transactions and depreciation postings in the new G/L. Find out what settings you need to make in Asset Accounting (FI-AA) to make...…
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11 Steps to a Successful Year-End Close for Fixed Assets
Year-end closes often present problems both big and small. You can minimize these problems for both the current and subsequent year-end closes by following these simple steps. Key Concept The Fixed Asset module (Asset Accounting) is used to manage and supervise fixed assets within SAP R/3. It is a subsidiary ledger to the G/L, providing...…
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Asset Migration with SAP S/4HANA Finance
With S/4HANA learn how to use new transaction codes to complete asset migration either manually via transaction code ABLDT or automatically using a Business Application Programming Interface (BAPI). Key Concept A new design in SAP S/4HANA Finance enables reconciliation between Asset Accounting (FI-AA) and the SAP General Ledger. To reinforce this, SAP has changed the...…
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Transforming to Intelligent Asset Management with SAP Solutions
Asset-intensive industries need to deliver on driving safe operations, minimizing costs, and maximizing productivity. But to consistently achieve these objectives, organizations must adopt a more comprehensive approach to Asset Management by enhancing collaboration with suppliers, customers, and service providers for better cooperation and coordination, streamlining asset maintenance processes, shifting from cyclical to predictive and intelligence-driven…
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Reconcile FI-AA with FI-GL After Fixed Asset Data Takeover
Learn five steps to reconcile the Asset Accounting sub-ledger with FI-GL after you complete the initial go-live implementation when you bring over the asset data from your legacy system into your SAP system. Key Concept Fixed asset legacy data takeover is the process of loading asset data from a previous system into SAP’s Asset Accounting...…
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