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New SAP AI Initiatives Will Enhance Order-to-Cash to Compliance Processes

Bramasol

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.

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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.

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

Bramasol

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.

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Are Your Compliance Processes Keeping Up with Evolving Audit Requirements?

Bramasol

Discover how SAP solutions lay a solid foundation for audits and next level PCAOB or AICPA compliance reviews. In addition, we've been closely involved with latest rollout of SAP GROW add-on packages for compliance automation, digital banking, treasury management, and revenue operations.

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How to Identify and Reduce "Digital Debt" in Your Finance Systems

Bramasol

As with real world debt, Digital Debt must be serviced with high on-going costs; primarily in the form of low productivity, time-consuming data reconciliation, lack of end-to-end visibility and continuous maintenance updates. Need for ongoing data manipulation and reconciliation between systems. Leveraging RISE with SAP.

SAP 66
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Mid-Year Update on Key Trends to Watch

Bramasol

For example, RPA processes handling repetitive and rule-based tasks, such as data entry, document processing, and invoice reconciliation can be guided by new, higher level AI insights and learning capabilities. Customer Experience and Personalization: AI enables businesses to deliver personalized experiences to their B2B customers.

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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