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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. She also led the Treasury Tax initiative at Google.
In this new post, we get more granular to provide an update on how AI and Gen AI can enhance productivity, insights, and results in finance applications such as order-to-cash to compliance (OTC 2 ), along with a look at how new SAP AI initiatives are key to this transformation.
This one-of-a-kind conference features industry leaders sharing how the SAP Billing and Revenue Innovation Management (BRIM) portfolio elevates customer lifetime value, enables predictable recurring revenue, and drives efficiency in the entire quote-to-cash process.
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 Bramasol team at SAP Sapphire all agreed that it was one of the best events we've attended in quite a while, with lots of opportunities for deep engagement with SAP experts. SAP Business Transformation Center determines which data needs to be transferred.
SAP addresses these challenges through a Parallel Accounting approach that offers flexibility to integrate multiple subsidiaries using either an account-based or a ledger-based approach. and also the status of their overall digital transformation journey and migration to SAP S/4HANA. Treasury and Risk Management (TRM).
Discover how SAP solutions lay a solid foundation for audits and next level PCAOB or AICPA compliance reviews. Research and Thought Leadership : The AICPA conducts research and publishes reports on emerging trends, best practices, and thought leadership topics relevant to the accounting profession.
Some 41% of finance teams have issues Identifying and correcting errors, 31% have problems finding and gathering necessary data, 24% have challenging questions on sources of data, 23% face challenges tracking multiple Excel versions, 20% have a bugbear of broken formulas, 19% are far from confident presenting this data to non-finance leadership.
They are expected to provide financial leadership and insight into the organization's strategic direction. As part of SAP's green ledger initiative, the Sustainability Data Exchange application allows companies to request and exchange carbon data across supply chains, including sharing of actual Scope 3 product carbon footprints.
Operational Accounting is concerned primarily with the processes for areas like sales, revenue, treasury, cash flow, margins, KPIs, etc. This has involved close co-innovation with SAP product teams and targeted collaboration with other partners with complementary capabilities.
Organisation leaders need to keep an eye out for cash management and treasury management for the optimisation of their financial resources and effective management of financial risks. They are supported by other treasury centres in Jakarta, Guangzhou, Beijing, and Sao Paulo where RGE’s Cash Managers are located.
Mark Wilfred , head of solutions consulting, Southeast Asia at SAP Concur , says the raison d'être for the stickiness of spreadsheets is familiarity. How should the leadership approach change this culture/mindset around cash and this dependence on spreadsheets? Jenji’s core business is to ease expense reporting. Mark Wilfred.
Within the SAP ecosystem, SAP Analytics Cloud (SAC) has become an important unifying capability for pulling together disparate information from both SAP and non-SAP applications, giving users the ability to analyze, plan, predict and report all in one place. Click Here for more information on SAP Analytics Cloud.
How Generative AI and SAP are Changing the Game Bramasol, a s a long-serving SAP partner, has been deeply involved with integrating the above AI and machine learning applications across many client implementations spanning compliance, finance and DSE projects.
By using SAP BRIM , electronics product manufacturers, suppliers and distributors can automate and streamline their billing and revenue processes, thereby reducing manual effort and improving accuracy, while also providing ongoing insights into customer behavior and revenue trends.
The key to success is to understand how the SAP Quote-to-Cash portfolio of applications (formerly known as BRIM) can be selectively deployed to leverage the best value and business results. This leads to improved customer experiences, optimized operations, and better business outcomes.
For instance, the Entitlement Management functions within SAP's Billing and Revenue Innovation Management (BRIM) portfolio provide flexibility for independently handling entitlement usage, tracking and changes on the fly between sales and provisioning, while also integrating seamlessly with other related processes.
In this episode, we drill down for a closer examination of the types of entitlements that are offered as part of subscriptions and bundles in various industry segments, along with some insights into how entitlement management solutions that are part of the SAP BRIM portfolio and ecosystem that can be helpful to achieve success.
The FutureCFO Excellence Awards 2023 received nominations from across the region for categories in Leadership Practice, Business Leadership, Operational Excellence, and Technology Innovation. Most Innovative Use of Business Application: CCH Management Services Pte.
Bramasol's core practices are aligned with SAP's recommendations for leveraging a Fit-to-Standard approach to configure solutions that are as close as possible to standard processes. Leveraging RISE with SAP. Building a Roadmap with S/4HANA. Embedding Analytics Everywhere.
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. For example, we have corporate clients that are blocking access to eBanking products, with all treasury and cash management operations managed within ERP itself.”.
This often comes from a lack of proper communication of why leadership want to introduce automation in the first place. 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. xSuite’s value proposition.
The participants are: Gina McNamara , Chief Financial Officer, SAP Australia and New Zealand (ANZ). McNamara: At SAP, we have an internal mentoring group for females working in finance called Future Female Leaders, providing employees with an opportunity to be mentored by other finance professionals from offices around the world.
Some: 41% of finance teams have Issues Identifying and correcting errors, 31% have problems finding and gathering necessary data, 24% have challenging questions on sources of data, 23% face challenges tracking multiple Excel versions, 20% have a bugbear of broken formulas, 19% are far from confident presenting this data to non-finance leadership.
I have led various projects within finance and controlling broadly, for example, SAP rollouts, training for key users, but also troubleshooting. A second challenge is that on the one hand you’re working very much on strategy and supporting the reorganisation of the department, implementing compliant processes.
For more info, check out the resource links below: Podcast: SAP’s Pete Graham on Anything-as-a-Service and How SAP Enables XaaS. Webinar video: Power Transition to DSE with SAP Cash and Treasury Management. Webinar video: Managing Entitlements in the Digital Solutions Economy.
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.
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