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
834 results
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Preparatory Settings for IFRS Compliance in SAP Capital Asset Management
Adjustments must be made to SAP’s Asset Accounting (FI-AA) component to make it compliant with International Financial Reporting Standards (IFRS). Learn what preparatory settings are required in an SAP system to facilitate these adjustments and how to use parallel reporting to ensure IFRS compliance. Key Concept International Financial Reporting Standards (IFRS) are globally accepted accounting...…
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An Overview of SAP S/4HANA Finance with a Focus on Asset Accounting
Learn how your organization can leverage the functionality of the new Asset Accounting (FI-AA) module in SAP S/4HANA Finance. Key Concept SAP S/4HANA Finance (formerly SAP Simple Finance) comes with a lot of features, such as the universal journal, streamlined design, and real-time analytics. The new Asset Accounting (FI-AA) module is one example of a...…
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Tips for Archiving Data in an SAP System
Receive key data archiving tips from a consultant’s direct involvement in a data archival project for an SAP system. Learn how to decode object functionalities related to FI, managerial accounting (CO), and project system (PS). Key Concept Requirement analysis (RA) in relation to data archiving can be defined as a strategy for segregating an SAP...…
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Review Quiz: Depreciation Areas in Asset Accounting with the Retrofit Process
FinancialsReview 13 questions and answers on maintaining depreciation areas in asset accounting (FI-AA) with the retrofit process. This primer will help you review the key points related to this process. Key Concept In SAP ERP Central Component (SAP ECC) 6.0 Asset Accounting (FI-AA) can be adopted by default with no restriction on the kind of...…
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Configure Digital Signatures in SAP Solution Manager
ManagerLearn the essentials of digital signature configuration in this overview and basic guide to digital signature setup in SAP Solution Manager. Key Concept A digital signature is an electronic signature that is part of a document header. It enables users to transmit digital documents and official signatures without physically signing the document. The digital signature...…
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Navigating the Landscape of Digitization, Digitalization and Digital Transformation
In today’s business landscape, understanding the differences between digitization, digitalization, and digital transformation is crucial. Digitization converts analog information into digital formats, enhancing data accessibility and management. Digitalization leverages digital data to optimize business processes, improving efficiency and decision-making. Digital transformation, a comprehensive change, integrates digital technologies into all aspects of an organization, reshaping its…
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Elevating Enterprise Asset Management (EAM) in the Digital Age
For asset-intensive industries such as utilities, oil and gas, transportation, and discrete and process manufacturing, Enterprise Asset Management (EAM) has been a crucial necessity. It includes the management, support, and maintenance of a company’s physical assets throughout their complete lifecycle. This lifecycle encompasses capital planning, procurement, installation, performance, maintenance, repair, regulatory compliance, risk management, and…
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Webinar: Elevating Enterprise Asset Management (EAM) in the Digital Age
For asset-intensive industries such as utilities, oil and gas, transportation, and discrete and process manufacturing, Enterprise Asset Management (EAM) has been a crucial necessity. It includes the management, support, and maintenance of a company’s physical assets throughout their complete lifecycle. This lifecycle encompasses capital planning, procurement, installation, performance, maintenance, repair, regulatory compliance, risk management, and…
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Plan and Schedule a Sustainment Program for Complex Assets to Increase Uptime
Managing a fleet of complex assets requires a well-organized and detailed approach to document maintenance requirements and to schedule their execution. The aim is to balance uptime for the asset and leverage the use of the repair facility. These capabilities are available using SAP’s Maintenance Program Definition (MPD) Workbench and Maintenance Event Builder (MEB). Using...…
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SAP S/4HANA Adoption: Subsequent Implementation of the Parallel Ledger
Learn various SAP S/4HANA adoption options available for companies running the classic General Ledger. Follow steps to introduce the ledger subsequently in a live SAP S/4HANA system. Key Concept SAP introduced the parallel ledger concept with the SAP ERP Central Component (ECC) system in 2005, and since then, it is gaining popularity due to its...…
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