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Technology insights are written by SAPinsider’s team of research analysts. Based on information gleaned from interviews with the SAP vendor community, technology insights deep dive into the technologies that support, integrate with, and extend SAP technology and enable businesses to innovate and transform.
64 results
PwC Talks Spend Management Innovation, Supply Chain ComplexityMay 24, 2022 — The globalization of business has led to a boom in procurement. To stay competitive, organizations must now source goods and services from all over the world. The way an organization procures goods and services directly impacts its bottom line. This has created a need for a new breed of procurement functionality to help navigate the […]
1 minute read
Reducing Transformation Risk Using AutomationMay 4, 2022 — Transformation is a key topic for the majority of organizations operating in the SAP space today as organizations must transform and modernize if they are to remain competitive in today’s rapidly changing business environment. But while the risks in updating infrastructure are generally understood, those around transforming applications and programs are often less well known. […]
7 minute read
Enhance Supply Chain Efficiency with Spend Management VisibilityApr 29, 2022 — The recent economic disruption has accelerated inefficiencies across the global supply chain, creating uncertainty for organizations. As a result, procurement teams face increasing challenges due to supply chain uncertainty. With globalization and the rise of new technologies, the supply chain has become more complex. To keep up with this ever-changing landscape, organizations need to be […]
5 minute read
Enhance Global Tax Management with Testing Automation Apr 14, 2022 — Indirect Tax Complexity Driving Constant Functionality Changes Real-time reporting and e-invoicing mandates drive organizations to continually update and enhance global tax management functionality to accurately assess tax obligations promptly and avoid fines or other penalties. Growing complexity in compliance management, governance, and regulations is the primary driver of an organization’s digital tax strategy, according to […]
5 minute read
Growing Need for Sales Tax Compliance AutomationApr 11, 2022 — Economic Nexus Complexity is Increasing Across the U.S., Creating Challenges for Tax Teams Sales and use tax compliance is growing more burdensome for organizations that are conducting business in the U.S. due to complex economic nexus mandates. Many states are expanding their sales tax jurisdiction to include out-of-state companies with a certain level of sales […]
4 minute read
Kennametal’s Global Rewards Journey with Xoxoday and SAP SuccessFactorsApr 1, 2022 — How do you make rewards appealing to your employees? They need to be relevant to their daily lives. That can be a challenge when you have employees in different countries around the world. Kennametal overcame that challenge and increased engagement in its rewards program by providing localized awards with the help of Xoxoday and SAP SuccessFactors.
Xoxoday provided Kennametal with a global, standardized platform for redemption, but provided employees with regionally-relevant awards. Kennametal also worked closely with Xoxoday to ensure the platform met their specific needs, even down to company culture—aligning rewards and recognition to Kennametal’s core beliefs.
“There were things we challenged Xoxoday to do for us that maybe they hadn’t done with other clients, but now they can bring those solutions to other clients,” says Lippa. “We have a relationship to be a little innovative in how we are going to use the program and how we are going to leverage recognition for our employees.”
In this SAPinsider Technology Insight video, hear:
How Kennametal transformed its rewards and redemptions program with Xoxoday and SAP SuccessFactors integration.
Why offering relevant and localized rewards was key to the success of the program.
Kennametal’s co-innovation journey with Xoxoday to build a unified rewards and recognition platform aligning with its core company beliefs that could be applied globally across multiple countries.
1 minute read
Kennametal Transforms Rewards and Redemption with Xoxoday and SAP SuccessFactorsApr 1, 2022 — A rewards program can be a way for a company to show appreciation to its productive employees beyond the paycheck, but rewards programs are not useful if the rewards themselves are not appealing and hard to redeem. Kennametal sought to improve its rewards and recognition program to acknowledge and encourage work that benefits its customers and the financial performance of the organization. It did so with a combination of SAP SuccessFactors and Xoxoday's Rewards and Incentives platform.
Xoxoday provided Kennametal with a unified platform that they could apply globally but also allowed employees to use their rewards at a regional level. Kennametal also worked closely with Xoxoday to ensure the platform met their specific needs, even down to company culture—aligning rewards and recognition to Kennametal’s core beliefs.
“There were things we challenged Xoxoday to do for us that maybe they hadn’t done with other clients, but now they can bring those solutions to other clients,” says Lippa. “We have a relationship to be a little innovative in how we are going to use the program and how we are going to leverage recognition for our employees.”
In this SAPinsider Technology Insight, discover:
- How Kennametal transformed its rewards and redemptions program with Xoxoday and SAP SuccessFactors integration.
- Why offering relevant and localized rewards were key to the success of the program.
- Kennametal’s co-innovation journey with Xoxoday to build a unified rewards and recognition platform aligning with its core company beliefs that could be applied globally across multiple countries.
3 minute read
Contract Intelligence as a Competitive DifferentiatorApr 1, 2022 — As technology around us has evolved exponentially, so have solutions that help organizations leverage technology as an enabler. One such category of solutions is contract lifecycle management solutions. Since the early days of manually drafting contracts that went through several review cycles, contract lifecycle management has come a long way, thanks to technology. This article explores what contract intelligence solutions are and why they are becoming strategic tools.
6 minute read
Discussing Contract Intelligence with icertisMar 31, 2022 — Contract lifecycle management (CLM) solutions have been around for a while now. These solutions leverage technology to help manage, automate, and organize the contract process through all stages of contract lifecycle, like contract initiation, development, negotiation, compliance, and contract renewal.
These solutions not only streamline the process by standardizing the process steps, like core templates, but also help provide visibility into aspects like spend and supplier performance. As John correctly highlighted: “And now CLM is kind of becoming that next big movement inside of the corporate America, because it's really the last archaic piece of the way that organizations are doing business. If you think about it, in many circumstances, contracts are still in paper format, or PDF formats, you know, filed away in Outlook files, or more, often still in file cabinets and in different disparate systems in many circumstances around the world.”
SAPinsider invited John Karagozian, General Manager, Partner Business Development at Icertis, a leading contract intelligence solutions provider to discuss this category of solutions, that is rapidly emerging as a strategic solution, and to discuss the role these solutions can play in digital transformation journeys of organizations.
1 minute read
Intelligent Solutions for Payment Fraud Risk ManagementMar 31, 2022 — The extensive nature of supply chain networks creates many points of risk. One of such risks, within the procure to pay space is supplier payment fraud. Some examples of procurement fraud are supplier spoofing, business email compromise and spoofing an officer of a company. Procurement fraud is not only becoming more prevalent but is also becoming more and more sophisticated. The fraud instances exploit weaknesses that are prevalent due to manual control processes that many organizations still leverage. The need of the hour is to employ smarter and automated solutions instead of manual controls.
To discuss this critical topic, SAPinsider invited Akhilesh Agarwal, COO & EVP, Global Procure to Pay Solutions & Applied Technology at apexanalytix for a discussion.
6 minute read