Financial Management

SAP remains integral to supporting core finance, accounting, planning and reporting processes. New market demands are requiring companies to improve efficiency and build resilient, responsive finance and accounting platforms that can support rapid change and innovation. Content in this topic area helps finance executives, analysts, and support professionals understand how to leverage core ECC solutions, SAP S/4HANA, and partner and SAP add-on offerings to optimize their core finance and accounting business processes and provide greater visibility and insights for finance teams. Content will cover a wide range of key topics from finance and accounting strategy, to evaluating SAP S/4HANA and Central Finance, to key solutions in Group Reporting, Planning, record-to-report, order to cash, and other core accounting processes.

Featured

  1. Don’t Let Uncertainty Derail Your Finance and Accounting Operations

  2. business partners

    An Introduction to SAP Joint Venture Accounting, Part I

    By Roushan Jha and Prasad Atmakuri

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  1. Navisite

    A joint venture (JV) is an arrangement in which two or more parties come together and agree to pool their resources for a specific task. This task can be a new project or any other business activity. In a joint venture, each partner is responsible for profits, losses, and costs associated with the venture. Joint…
  2. Opening Keynote | 10 Lessons to define and refine your finance automation strategy

    SAPinsider recent research shows that automation is a priority of technology and business investment. Automation is attracting growing amounts of corporate investment, and as technology continues to develop, the potential value is likely to increase. Almost 90% of SAPinsiders have begun automating some financial process, however over 50% are dissatisfied.  Why are many companies struggling…
  3. Transforming to a Digital Tax Landscape2021 Virtual Summit

    Tax laws and regulations are changing rapidly. Managing tax calculations, reporting, and overall compliance have become significant challenges for many organizations. Both business and IT professionals must work closely together to ensure their tax strategy incorporates a solid integration with the core business system landscape, including ERP. Technology has shifted dramatically over the last year…
  4. Vertex Talks VAT and Chain Flow Accelerator image

    Reduce E-Filing Complexity with Intelligent VAT-related Data Mapping

    by Ogo Nwanyanwu, Research Director, SAPinsider Extending Indirect Tax functionality in SAP ERP tax systems Government efforts to curtail tax avoidance and fraud are driving continuous change in tax law and regulation.  Decision makers at these organizations face increasing cost burden and compliance risks due to these challenges. Frequent tax authority content updates and real-time…...…
  5. The Future of Intelligent Spend Management for the Public Sector

    The pandemic has put the public sector in a pinch. Ever-tightening government budgets require rigorous spend management and AP controls, even as demand for services remains high. Meanwhile, many public sector employees are working remotely, fundamentally shifting a key aspect of spend management and oversight. These challenges are not new, but they have been amplified…
  6. Harnessing the Power of Human Centred-Design & Technology to Secure Value in Finance Transformation

    In today’s public sector, finance leaders must think more strategically about all aspects of the changing business landscape and its potential impact on their people and the organisation. Many public sector organisations struggle to understand the complex scope and scale of their technology systems, many of which are becoming outdated in our digital world. This…
  7. Molly Boyle image

    Achieve Automation, Visibility and Control for Accounting and Finance

    Traditional manual public sector accounting processes are no longer sustainable. Complex international and interdepartmental relationships, increasing transaction volumes, regulatory changes, and audit requirements make it difficult for Accounting and Finance to keep up. BlackLine Solutions for SAP help organizations in the public sector move to modern accounting by unifying data and processes in the cloud,…
  8. Accounting and finance expands influence image

    Accounting & Finance Expands Its Influence

    Accounting & Finance Expands Its Influence Across the Enterprise Utilities that are publicly traded companies are subject to various audits under the Sarbanes-Oxley (SOX) Act. Beyond recordkeeping and reporting, accounting & finance deliver an important strategic function across the enterprise. For UGI Utilities, a wholly owned subsidiary of UGI Corp., continued transformation is a key…
  9. Mitresh Kundalia image

    Building Consistent Global GL Processes

    When SAP first launched SAP S/4HANA, the latest iteration of its core ERP, the mantra was “Run Simple.” That marketing jargon was born out of a motivating factor for many finance professionals — to create a simplified general ledger (GL) concept, moving from many ledgers down to one for the entire business. Regardless of whether…
  10. financial analytics as an asset image

    Financial Analytics as a Strategic Business Asset

    A curiosity is driving finance leaders to learn how automation, artificial intelligence (AI), and machine learning can elevate the finance function and with it, the company’s entire analytics strategy. At the heart of this desire is data. This article explores how modernization and financial analytics can work together to help the finance department deliver value…