Remove Invoicing Remove Reconciliations Remove SAP
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Goldman Sachs Adds Global Payments To SAP Ariba

PYMNTS

A new Goldman Sachs deal will allow more companies to work with with the wide swathe of businesses using SAP’s Ariba Network , which boasts trillions of dollars in commerce transactions annually, according to a press release. In addition, the deal will allow better reconciliation of payments with the matching invoices.

SAP 99
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New RevRec Optimization Enhancements with SAP S/4HANA, RAR, and Cloud Options

Bramasol

This blog post provides an overview of how the latest enhancements within the SAP ecosystem can provide a useful roadmap for the next steps toward optimization and ultimately transformation. The following important new RevRec features are now available in SAP S/4HANA. Also, the accounting document is posted for each revenue contract.

SAP 76
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Mastercard teams with SAP Concur for automated expense and invoice management in APAC

Future CFO

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.

SAP 40
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E-invoicing frameworks poised for heightened adoption

Future CFO

Finance leaders may have noticed one invoicing trend that emerged in the last couple of years – the way invoices arrive at their organisations has quite clearly changed. Now, with remote and hybrid work commonplace, most invoices are delivered through employees’ and the finance team’s email accounts. Automated verification.

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The enduring use of spreadsheets in finance

Future CFO

Mark Wilfred , head of solutions consulting, Southeast Asia at SAP Concur , says the raison d'être for the stickiness of spreadsheets is familiarity. This difference also makes payment reconciliation more complicated from an accounting standpoint (e.g., Jenji’s core business is to ease expense reporting. Mark Wilfred. banking fees).

Finance 98
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ERP Data On The Front Lines Of Blockchain Adoption

PYMNTS

The company announced earlier this month that it has developed what it claims to be the world’s first technology to integrate blockchain into ERP systems like SAP. Being able to transmit this type of data via blockchain would make B2B processes like invoice processing and payments far quicker, the company explained.

SAP 57
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Unifying Operational Accounting and Compliance Accounting in the Office of the CFO

Bramasol

For example, the shift toward subscription-based, recuring revenue offerings in the Digital Solutions Economy (DSE) is requiring significant process changes in order to unify billing, invoicing, delivery, collections, etc. These capabilities address key operational accounting issues as companies transform their business offerings.