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Leverage Automation and Simplification for Better Journal Entry Transparency

While digital transformation has been a revolutionizing force for many aspects of the organization, this isn’t always the case for the journal entry process. Routings and approvals are still often handled manually through emails, spreadsheets, and physical signatures, which can cause delays and a lack of transparency into financial close processes. And when it is time for an audit, the finance team must scramble to find all the missing pieces to the journal entry puzzle.

During a recent SAPinsider Online Q&A session, Dolphin’s Chief Strategy Officer Brian Shannon and Chief Technology Officer Vishal Awasthi answered live questions from attendees on the journal entry process, including best practices for achieving a single view across the enterprise, opportunities for simplification and automation, tips for efficient compliance and reporting, and how the Dolphin Journal Entry solution can help organizations achieve a faster, more secure financial close. The following is an abridged version of the questions answered by Brian and Vishal during the Q&A session. The full transcript is available on SAPinsider Online at bit.ly/DolphinQandA.

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How to Use BICS to Connect SAP BusinessObjects Client Tools to SAP BW (Part 1)

Learn how the Business Intelligence Consumer Services (BICS) connection works internally, and connects Business Explorer (BEx) Queries to SAP BusinessObjects 4.1 client tools. Key Concept Business Intelligence Consumer Services (BICS) is an optimized data access protocol used within SAP systems. It connects SAP BW Online Analytical Processing (OLAP) sources, such as BEx Queries and InfoProviders,…...

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Whirlpool Corporation Achieves Ultra Clean Business Processes with Automation Software

For over a century, Whirlpool Corporation has been manufacturing home appliances. The organization has built up an abundance of different brands and offerings over the years and, in doing so, has also acquired an abundance of data – so much so that the needs for processes for inputting, extracting, and maintaining that data quickly grew. Learn how Whirlpool implemented Process Runner by Innowera in its SAP environment to dramatically decrease process effort hours, increase data accuracy, and bring greater efficiency to the organization.

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Talent Acquisition Heats Up at A.O. Smith

Water Technology Company’s Journey to SAP SuccessFactors Recruiting

In competitive job markets, companies get one chance to make a good first impression on potential candidates or risk losing talent to rival organizations. The first point of contact for many job seekers is often the recruiting website, but if it proves to be a negative experience it could deter candidates. Like many organizations, global water technology company A. O. Smith knew its recruiting activities needed to evolve with the digital economy and provide a seamless and hassle-free application process to attract the top talent. Hear how with SAP SuccessFactors solutions A. O. Smith was able to:

  • Streamline 12 job-posting websites to one central recruiting site
  • Improve the candidate experience by significantly reducing the time and effort for submitting an application
  • Create a talent pool database to match existing candidates to new openings

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Data Analytics for the Modern Business

A logistics company that reroutes its trucks in real time to avoid a traffic jam. A manufacturer that preemptively services an asset before it breaks down. A retail organization that selects the location of its new store based on foot traffic on a city street. These are just some examples of modern businesses that make important decisions based on analytics.

Where analytics in the enterprise has traditionally meant reporting historical data and then drawing conclusions from bar graphs, it now means learning from predictive or prescriptive information delivered in real time. And this opens up a world of new opportunities – opportunities that many organizations are already taking advantage of to digitize the business in an effort to better serve customers and partners.

Preparing your business to create and then respond to real-time analytics is a massive undertaking that requires a painstaking planning process and careful technology selection. SAPinsider recently published a special report called “Data Analytics for the Modern Business” that features advice and guidance on how best to harness the opportunities that result from today’s analytics capabilities, including: 

Modern Analytics for the Live Business Discover how SAP BusinessObjects provides customers with a modern, end-to-end analytics platform that helps everyone across the organization understand the business at a granular level.  

SAP S/4HANA and Data Analytics: Evolution or Revolution? SAP S/4HANA has created a stir in the data analytics space, and many organizations are wondering how an implementation will affect them. This article explores three common questions that data analytics professionals are asking about SAP S/4HANA.

Analytics Is the Key to Efficient Application Delivery External data isn’t the only resource companies can draw analytics insights from. Internal application data is just as vital. Learn how you can leverage analytics tools to benchmark the performance of your applications and processes and keep them running at peak efficiency.   

The Role of Analytics for the Digital Enterprise Figuring out how to mine your enterprise data — including the increasing amount of unstructured data now flowing into businesses — is key to gaining a competitive advantage. Explore strategies for becoming a real-time, digital enterprise that leverages data as an economic asset.  


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6 Factors to Consider When Evaluating End-User Training Options

When budgets are tight, employee training is often one of the first things to be cut. In the short term, your company may save money, but what is the long-term effect on your projects and software adoption? A recent survey by IDC hinted that “the likelihood of project success is proportional to the skill level of the team working on it. Stated bluntly, the risk of a project failing to meet its objectives rises when the project team does not have the skills to do the job.” Those skills are often acquired during training, whether it be conferences, on-site classes, online courses, or other methods.

When viewed as an integral part of a project launch, software adoption, or the success of any of your company’s investments, the ROI for end-user training is hard to ignore. “Previous IDC research found well-trained teams in information security and high-availability disciplines, for instance, were 10% more productive and could account for $70,000 worth of improvement annually for a seven-person team.” Simply stated, end-user training has a proven track record and can end up saving your company money, time, and talent.

The vital importance of end-user training means you should thoroughly evaluate your options to find a program that works best for your environment.  There are several factors to consider when evaluating your training options: What type of training? Who needs to be trained? How can you improve retention? One step is to come up with an end-user training strategy to determine exactly what your company needs. Such a strategy can include several aspects:

  1. Plan for training before the project launches: Incorporate end-user training into the project timeline to give your project a better chance at success right from the start.
  2. Determine end-user needs: Not all end users need the same training. Teams only need training on what they do, so make sure to group people together based on their needs and don’t assume that everyone needs to know every aspect of a system.
  3. Set goals: What is the point of training? Is it for end users more to more efficiently do their jobs? Are you replacing an old process? How long will training take?
  4. Create a training program: Customize the training to end-users’ needs. Don’t forget that people learn differently, so having some options (e.g., conferences, online training, journals, etc.) will ensure a wider array of people will be successfully trained.
  5. Make it scalable: Teams grow, employees come and go, and you’ll need to have a system to keep everyone up to speed.
  6. Recruit super users: These are folks who can help with day-to-day end-user questions and encourage disenchanted employees that yes, in fact, this system can work!

There are tons of resources available on the internet to help develop a training strategy including planning tips, stumbling blocks to avoid, training plan templates, and more.

Once you get your strategy in order, SAPinsider has training for SAP professionals covered – it’s all we do! We have several educational options to choose from, including conferences, books, technical journals, and more. I’d like to take a minute to introduce you to insiderTRAINING, our newest offering aimed at educating SAP professionals. insiderTRAINING offers over 100 courses over a range of topics like Financials and Controlling, Supply Chain Management, business analytics, CRM, and more. All of the lessons are hands-on and take place in a simulated SAP environment, which improves retention.  We even offer free lessons so you can try before you buy. Check it out and let us know what you think!

 


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Routing Concept in SAPUI5 Development: A Primer

The use of routing allows navigation through application views via hashtag-based patterns. This article covers the main steps required to implement routing in an SAPUI5 application and the important classes and methods involved in making a full-fledged example, using a product list. Key Concept Hashtag-based routing and navigation let you reference application views via a…...

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Don’t Let SAP Data Collection Slow Down Your Overall Time to Market

Survey Reveals Data Is a Leading Cause of Supply Chain Inefficiencies

As the demand for the next cutting-edge product grows, so does the pressure on the supply chain. Suddenly, companies find themselves going to market more often and with shorter life cycles, putting supply chain processes to the test. Keeping up with demand requires rapid and efficient data collection, but many companies still rely on slow, error-prone manual methods that can bog down the new product introduction (NPI) process. Get a look at trends in the supply chain, including the need for speed, flexibility, and automation.

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With IT working in silos, visibility into operations can be greatly limited. New technology such as machine learning can allow for cross-silo information transfer, enabling IT Operations Analytics (ITOA) to gain a broader view of data.

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