Remove Accounting Remove Invoicing Remove Reconciliations Remove SAP
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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. Other key advantages include: Enhanced disclosure and reporting support for revenue accounting. Improved management of POBs.

SAP 85
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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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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.

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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.

Finance 98
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The Commercial Card Seeks Value For Both Buyer, Supplier

PYMNTS

With accounts payable (AP) solutions increasingly paying attention to supplier needs, commercial card technologies have expanded their focus on both the AP and accounts receivable (AR) side of B2B transactions. We’re very often talking about a $10,000 invoice being paid, and for a supplier to pay 2.5

SAP 70
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RedCloud Launches OCR-Driven Payment Solution

PYMNTS

RedCloud Technologies has announced the launch of its optical character recognition (OCR) driven digital collections and reconciliation payment solution. They also don’t need to maintain a minimum bank account balance. RedCloud’s new solution aims to systematize the process.

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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