Analyst Insights
Analyst Insights are written by SAPinsider’s research team. Based on information gleaned from surveys of the SAPinsider Community, conversations with experts, SAP employees, vendors, and SAPinsiders, Analyst Insights provide a thoughtful analysis of critical topics, technologies, and challenges that SAP customers face today.
227 results
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Managing SAP S/4HANA Adoption Costs Amid Potential 2024 Economic Uncertainty
Findings from SAPinsider finance research conducted over the last 6-9 months indicate that budget constraints are the primary barrier stalling finance transformation initiatives for SAP customer organizations. These challenges are likely to grow in the coming year, as the International Monetary Fund had a less-than-optimistic forecast regarding the global economic situation for 2024. To address…
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Navigating Manual Journal Entry Challenges in SAP for a Streamlined Financial Close
In SAP, every transaction is a journal entry. The system doesn't differentiate between manual and automatic entries, making it hard to analyze them in the general ledger. Even though SAP ERP can create many journal entries automatically, manual corrections and inputs are still essential. Manual entries are often made for unique or irregular transactions that…
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SAP’s AI Copilot Joule: Implications for Finance
Joule by SAP represents a transformative step in enhancing AI and human collaboration within the finance sector. With its extensive integration into SAP’s suite of applications and addressing the challenges and needs highlighted by SAPinsider benchmark research, Joule is positioned to significantly impact finance teams using SAP systems. It aims to increase productivity by providing…
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Lessons from Birmingham City Council Failed Payments/ERP Implementation: A Closer Look at Vendor Selection
Modernizing financial systems, particularly within SAP ecosystems, is not a trivial undertaking. A deep dive into the Birmingham City Council case highlights significant departures from software procurement best practices and a stark underestimation of the project's requisites by the supplier. A strategic approach to vendor selection is required to mitigate risks. By focusing on crucial…
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SAP Details First Cloud-Only Innovations
Despite fielding many questions over the last few months about whether they are abandoning customers running on-premise solutions, and with CEO Christian Klein recently being compelled to make a statement at a customer event about how “no customer would be left behind,” SAP doubled down on their cloud ERP messaging during the “Rise into the…
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SAP Partners with Google Cloud to Bring AI to Datasphere
SAP announced that it is partnering with Google Cloud to enhance its generative AI offerings, focusing initially on the automotive sector to advance sustainability performance. Leveraging the strength of SAP Datasphere and Google Cloud Vertex AI, the collaboration aims to facilitate the development and training of generative AI models using data from Catena-X, an open…
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Prioritizing Cybersecurity During Slowdown
According to SAPinsider’s latest research on Cybersecurity Threats to SAP Systems, the current economic climate is adversely affecting organizations’ planned cybersecurity projects. While over a third (35%) report that some projects are on hold, 29% are scaling back planned investments in the cybersecurity space. But the impact goes beyond this as one in five organizations…
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IBM and SAP Come Together to the AI Table
Businesses want to speed up their transformations by leveraging data to overhaul their operations. This helps them make informed decisions and boost agility, innovation, and efficiency. Many are also reassessing core processes tied to major systems like SAP. As these businesses delve into novel methods, such as AI, to tap into their transformative potential and…
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Insights From Haresh Chhaya, SAP Treasury and Working Capital Solutions Leader: The Challenges of Cash Flow Forecasting for SAP Customers
Cash flow forecasting is crucial for businesses, but complexities arise from disconnected financial systems. Dive into insights from SAP’s Haresh Chhaya on how integrated solutions can address these challenges and optimize financial strategies.
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SAP Customers Struggle to Maximize Full SAP Cash and Treasury Functionality
Although tools such as SAP’s Cash Management and Treasury are crucial in driving business growth, many businesses have yet to explore the full potential of such tools and their functionalities. Preliminary insights from SAPinsider’s upcoming Cash Management and Visibility research confirm that many organizations still use legacy SAP ERP systems with classic tools, SAP Cash...…
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