This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Elizabeth Burns, CFO of Gas du Cameroon (GDC), exemplifies this balance, demonstrating how strategic financial leadership can support environmental responsibility. Similarly, Pieter De Jager, CFO of Tanga Cement, pointed to the complexity of transitioning to renewable energy sources. Elizabeth, thank you so much for joining us.
In the customer driven DSE model, companies need to adapt their processes to meet a dynamically changing range of customer needs, while also assuring robust backend processing with integrated revenue compliance. The packaged solution requires the core SAP Scope Items shown in the table below.
As one of SAP's longest serving partners, Bramasol has seen and participated in many major changes during our 25 years of working in the SAP ecosystem. When we express how excited we are with the new RISE with SAP initiative that was launched in Q1 2021, it comes with that deep history and perspective in mind.
The role of enterprise level CFOs has changed radically over the past decade with both a widening scope of influence and greater responsibilities for helping guide corporate transformation programs and technology choices. Sweeping changes in the enterprise technology landscape have also been a key driver in expanding the role of CFOs.
Driven by sweeping changes such as digital transformation, globalization of markets, the subscription-based Digital Solutions Economy™ (DSE), carbon-accounting mandates, a rising emphasis on artificial intelligence, and other disruptive trends, the role of Chief Financial Officer (CFO) is undergoing radical transformation too.
Last year's post " Overview of GROW and RISE with SAP " was one of the most popular and widely shared episodes in this blog series and so it is now time to take another visit to these topics. In this new post, we explore both the progress SAP has made with RISE and GROW evolution and a look at the exciting opportunities going forward.
SAP Concur enumerates its travel and expense predictions for the year ahead amid the rise of artificial intelligence and developments like the technologys use in predictive analytics for spend management, and auto population of expense reports with data from corporate cards. The result is a bolstered mandate for compliance and visibility.
The CFO Leadership Council proudly highlights our very first ten Diversity, Equity, and Inclusion Ascend Honorees! The Ascend program is an opportunity for Senior Finance Executives from underrepresented groups to join The CFO Leadership Council. Fisher Senior VP & CFO American Hospital Association. Christina Y. Christina Y.
Knowing the specific rules for your industry helps you prepare in advance and avoid compliance issues. Keep track of reporting deadlines Use a compliance calendar so you never miss a submission. Risk and compliance teams monitor any changes in regulations and identify potential risks.
Editor’s Note: For our Female Leadership in Finance Series , FutureCFO editor Teresa Leung recently had a chat with Gina McNamara (pictured), Chief Financial Officer, SAP Australia and New Zealand (ANZ). The CFO, according to her, is much more than a number person and needs to take care of oneself and empower people beyond the finance team.
The pressure on finance leaders to deliver strategic insights and ensure compliance is mounting in this dynamic environment. Photo by Jakub Zerdzicki This makes Enterprise Performance Management (EPM) a powerful ally for CFOs. Chee Kien Loh These challenges create three major issues that every CFO is familiar with.
Given the imperative to accelerate digital transformation across industries, CFOs and finance teams need to get better at adopting new technologies and driving the integration needed to make these work optimally. New regulatory requirements around ESG reporting are only adding further pressure to the CFO offices.
In this post, we shift gears to provide insights into the Professional Services arena, where Bramasol not only serves clients but we also participate as a leading services provider for SAP solutions. This requires building a team of senior consultants with years of hands-on experience in front-line conceptualization-to-implementation.
Fabian Padilla Crisol of SAP Hong Kong. For Fabian Padilla Crisol , managing director, SAP Hong Kong & Macau the pandemic has highlighted the critical role that CFOs have in supporting their companies to navigate current business challenges. Regulatory compliance. SAP’s BTaaS strategy. Guided by best practices.
With the CFO being one of the key architects of an organisation’s digital transformation, Gartner says the CFO needs a finance function that drives the strategic ambitions of the enterprise. “To Firms should make compliance easier for employees by simplifying processes through improved policies and automated solutions.
Mastercard said recently that it has partnered with SAP Concur to deliver an expense and invoice management process to banks, companies and government agencies in Asia Pacific for transactions with corporate cards. The post Mastercard teams with SAP Concur for automated expense and invoice management in APAC appeared first on FutureCFO.
But no, control and compliance aren’t out of reach. Click on the link and download this e-book from SAP Concur to find out more. DOWNLOAD NOW The post Cost and compliance. Yes, it’s always been a struggle. And yes, the struggle is currently more acute. Two things you can still control appeared first on FutureCFO.
Mark Wilfred , head of solutions consulting, Southeast Asia at SAP Concur , says the raison d'être for the stickiness of spreadsheets is familiarity. He further notes that automation aids visibility, control, compliance, and efficiency. Jenji’s core business is to ease expense reporting. Mark Wilfred.
SAP Concur has partnered with FutureCFO to understand the challenges and opportunities finance teams face as they navigate the complexities of travel and expense management post-pandemic. In the face of economic headwinds, finance teams are under immense pressure to optimise every dollar spent.
Winners of FutureCFO Excellence Awards 2023 in different categories Leadership Practice Awards CFO of the Year: Tay Siang Leng - QBE Asia Controller of the Year: Ravishankar Ambalaparambil - Hindustan Unilever Limited FP&A Lead of the Year: Nobuaki Hojo - SAP Australia Pty Ltd.
SAP Concur has revealed key 2024 predictions for finance by its executives. For the upcoming year, AI is the connecting thread among SAP Concur executives’ predictions, the firm said, adding that AI is changing how all business is conducted, and travel, expense, and invoice (TEI) management is no exception.
If, however, you equip your company to manage every spending choice – controlling cash, costs, and regulatory compliance along the way – you can begin to build momentum across your organization. Click on the link to download this SAP Concur for insights into 4 tips for making spending smarter decisions.
The SAP Concur 2020 survey, Finance in the New World of Work , revealed gaps in organisations’ expense management, business travel, and remote work processes. Andy Watson, senior vice president and general manager, Asia Pacific Japan and Greater China, SAP Concur. Source: Finance in the New World of Work, SAP Concur 2020.
At the time of this crisis, where uncertainty takes centre stage, organisations are looking at the CFO to ensure business continuity. There’s an expectation from technology to have agile sourcing models, new supplier risk, maintain trade compliance and assess impact of duties and tariffs. You can find his bio below.
What makes for a sought-after chief finance professional (CFO)? CFO: The disruption of 2020 highlighted the need for the finance function to be more responsive – continually re-evaluating both short and long-term goals and strategies. These days, strong computer skills, as are advanced knowledge of accounting, budgeting, and finances.
Additionally, documents that are sitting inside emails or at desks may be exposing companies to compliance issues if they are not properly archived or stored. The AP function in a multi-million dollar SAP solution is still a very manual process. Even the 2020 version of SAP still has some missing functionalities.
For today’s International Women’s Day special feature, FutureCFO invited several female CFOs and a senior exec from a finance professional society to share what they believe are practical ways to empower women and how female leaders can contribute to the finance profession in the new normal brought by the pandemic.
My many years of experience as a finance professional and ex-CFO tells me that for many initiatives, ease-of-use is often a big determinant of whether it ultimately sees traction. In fact, if you can make the user experience easy, you can drive compliance. And with the advanced technologies available today, that is totally achievable.
At SAP, my role is to guide finance leaders on their digital transformation journeys, and one of the key components nowadays is to manage inflation. Technology should be able to unlock cash and working capital assets, uncover savings opportunities in procurement, and ensure hedging and compliance. Preparing for what's next.
SAP Concur hopes that regional governments already using PEPPOL could use their influence to encourage other countries transacting with it to adopt the system. Only when organisations’ invoice management process is fully automated, can they truly enjoy spending visibility and control, efficiency and compliance.
CFOs play a pivotal role in ESG reporting , setting strategic goals, ensuring compliance, and transparently addressing climate change in financial statements. Despite challenges in data collection, CFOs can champion sustainability by developing robust ESG materiality assessment frameworks.
Automate for greater efficiency, visibility and compliance To overcome this, businesses should consider spend management solutions that help to automate many of the processes that an AP team has to manage frequently.
Administrative work may relate to compliance and documentation for various regulatory systems. Automation can relieve the burden of massive paperwork and regulatory compliance by digitising and introducing management for various types of documentation. Administrative tasks have a supportive function in core business operations.
“In this world, nothing can be said to be certain, except death and taxes” and the burden of calculating, reporting and complying with these taxes falls to the Office of the CFO. These tax departments face challenges with compliance, governance and infrastructure, caused by complex tax codes, siloed data and manual processes.
This can be seen clearly in the increased adoption of SAP Cloud-based S/4HANA over recent years. As of the third quarter of 2023, SAP SE reported cloud revenue was up by 23% at constant currencies, driven mainly by the growth of SAP's combined SaaS and PaaS portfolio. SAP operates 57 data centers at 32 locations in 15 countries.
In this Insights news post we provide an updated look at the four key areas of AI, Cloud, Compliance and Sustainability. SAP Joule is a prime example of leveraging embedded agentic AI as a seamless part of the overall business software landscape. The core cloud ERP can be SAP S/4HANA in either Public or Private cloud deployments.
We organize all of the trending information in your field so you don't have to. Join 39,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content