SAPinsider Magazine - Winter 2024
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145 results
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KPMG and Microsoft Partner to Enhance Professional Services with AI
Reading time: 2 mins
KPMG and Microsoft announced they are expanding their longstanding partnership with a multibillion-dollar commitment in Microsoft’s Cloud and AI offerings over the next five years. KPMG said the partnership will provide a growth opportunity of more than $12 billion. As one of the world’s largest professional services providers, KPMG’s plan to infuse AI into many…
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Purpose-built “Powered” Supply Chains with KPMG
Reading time: 6 mins
When embarking on supply chain transformation, organizations often look for results while minimizing risk, along with streamlined and compliant technology. From supply chain initiatives focused on customer experience metrics, responding to a supply continuity issue to product movements, organizations often need a guided process with supply chain assets and accelerators to jump start their supply…
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KPMG and SAP Deepen Collaboration with PartnerEdge Program Announcement
SAP and KPMG have released a joint announcement stating that the global consulting firm is joining SAP’s exclusive PartnerEdge program. The partnership aims to “deliver business-led, industry-focused SAP solutions, leveraging cutting-edge cloud, data and artificial intelligence technologies to drive measurable value for our clients.” SAP and KPMG have worked together for over 20 years, providing…
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SAP S/4HANA and Data Analytics: Evolution or Revolution?
SAP S/4HANA has created a stir in the data analytics space, representing a significant shift in SAP’s business suite platform and offering noteworthy advancements in real-time analytics capabilities. As with any new technology, customers have questions about how an SAP S/4HANA implementation will affect them. This article explores three common questions that data analytics professionals…
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IBM and KPMG Alliance: Strengthening Business Transformations in the Energy and Utilities Sector
Reading time: 2 mins
Two of the largest organizations in the SAP ecosystem, IBM and KPMG recently unveiled a new and deeper alliance aimed to help energy and utility companies maximize the value of their SAP systems. Between IBM’s decades of solutions experience and the technical knowledge that KPMG has in business transformation, companies can expect significant value from…
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Acquired a New Business?
Mergers and acquisitions are on the rise, and with them comes the pressing need to integrate IT applications and platforms between two previously separate organizations. This integration can be quite difficult, especially when the acquired company comes with its own set of SAP and non-SAP systems. Yet if you can get all systems working efficiently…
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Harnessing the Power of Process Mining with the KPMG Intelligent Analytics Platform
The KPMG intelligent analytics platform harnesses the power of business process mining and advanced analytics to analyze and map system transaction flows. Enabling organizations to identify and prevent risks before they occur and detect whether transactions are passing through intended controls, highlighting how to resolve issues in real time.
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Automate GRC Processes Using SAP BusinessObjects GRC 10.0
The three letters GRC have become firmly fixed in the vocabulary of top management levels and on the agenda of CFOs. Although compliance, for example, with the Sarbanes-Oxley Act, and the resultant requirements of an internal control system were previously considered mostly in isolation, today companies are taking an integrated GRC approach: This is evident…...…
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Identify Fraud Risks with Forensic Audit Queries
Reading time: 23 mins
Audit committees, management, investors, regulators, and external auditors expect your business process controls to be effective, efficient, and testable. See how to extend your GRC functionality to identify control exceptions in your SAP system by locating data in SAP tables and running forensic audit queries. Out of the box, compliance solutions such as the SAP…...…
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Two SAP-Enabled R2P Process Controls for Sarbanes-Oxley Compliance
Requisition-to-pay (R2P) is a key operational process that auditors for Sarbanes-Oxley Act compliance will expect to see controls. Fortunately, R/3 Materials Management (MM) has a number of configuration controls that you can use for this purpose. The author explains two, recording purchase requisitions and releasing purchase requisitions, and shows how you might use them in…...…
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