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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.
They are focusing on driving growth and efficiency to help their companies move faster, benefiting both top line revenue and operational performance,” says Tarek Ebeid, KPMG Private Leader and Partner in Charge – Audit Practice at KPMG US. You can unsubscribe at anytime. Most Popular Intel alum to get $1.9M Registered in England and Wales.
Problem 5: Doesn’t Sync With Your ERP System While a handful of ERP systems, such as SAP and Oracle, make up a large percentage of the ERP market, there are literally hundreds to choose from, and the list of ERP systems used by businesses worldwide is endless. This makes what is likely an already time-consuming task even slower.
Knowing the specific rules for your industry helps you prepare in advance and avoid compliance issues. If there are differences, it can lead to problems during audits or inspections. Keep track of reporting deadlines Use a compliance calendar so you never miss a submission.
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 utilities industry is seeing a notable trend toward adopting cloud-based ERP solutions and advanced subscription management software to address changing business models, customer preferences, energy sharing practices, and complex compliance issues. Here’s a breakdown of how SAP Cloud ERP helps with these challenges: 1.
Daily Dive M-F Tech Weekly Every Tuesday By signing up to receive our newsletter, you agree to our Terms of Use and Privacy Policy. You can unsubscribe at anytime. Informa PLCs registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. TechTarget, Inc.s registered office is 275 Grove St. Newton, MA 02466.
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An inefficient system can lead to cost overestimation, misguided decarbonization strategies, and non-compliance issues. Enable actual supplier emissions data collection First, it’s a matter of compliance. CBAM compliance also requires the purchase, management, and surrender of CBAM certificates.
There was no single platform that could classify, onboard and pay every type of worker: contractor, EoR, agency-sourced, freelance, hybrid—across every jurisdiction, with full compliance and real-time visibility. No more reconciling disconnected spreadsheets or uncovering misclassified contractors during a tax audit.
Poroch, 56, has held multiple executive roles during his 12-year tenure at the energy firm, joining in 2012 as its chief audit executive, according to his LinkedIn profile. Daily Dive M-F Tech Weekly Every Tuesday By signing up to receive our newsletter, you agree to our Terms of Use and Privacy Policy. You can unsubscribe at anytime.
Company Announcements View all | Post a press release Nominal Secures $20M Series A to Power Financial Operations With AI Agents From Nominal July 09, 2025 RAAPID Announces RADV Documentation Defense Webinar as CMS Expands Audits to All 550 Medicare … From RAAPID INC July 15, 2025 Want to share a company announcement with your peers?
Company Announcements View all | Post a press release Nominal Secures $20M Series A to Power Financial Operations With AI Agents From Nominal July 09, 2025 RAAPID Announces RADV Documentation Defense Webinar as CMS Expands Audits to All 550 Medicare … From RAAPID INC July 15, 2025 Want to share a company announcement with your peers?
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How SAP Cloud ERP is Helping Manage Automotive Sector Transformation SAP S/4HANA Cloud ERP can play a crucial role in helping automakers and ride services providers manage and optimize automotive subscription offerings. SAP Cloud ERP ensures all these functions are integrated into one system, eliminating silos.
Published July 8, 2025 Matt Ashare Senior Reporter post share post print email license courtneyk via Getty Images First published on Dive Brief: Enterprises saw SaaS vendor audit costs climb as visibility across increasingly complex tech stacks declined over the last year, according to Flexera. Storment told CIO Dive. “On TechTarget, Inc.s
Company Announcements View all | Post a press release Nominal Secures $20M Series A to Power Financial Operations With AI Agents From Nominal July 09, 2025 RAAPID Announces RADV Documentation Defense Webinar as CMS Expands Audits to All 550 Medicare … From RAAPID INC July 15, 2025 Want to share a company announcement with your peers?
Daily Dive M-F Tech Weekly Every Tuesday By signing up to receive our newsletter, you agree to our Terms of Use and Privacy Policy. You can unsubscribe at anytime. Sign up A valid email address is required. Please select at least one newsletter. Informa PLCs registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales.
Company Announcements View all | Post a press release Nominal Secures $20M Series A to Power Financial Operations With AI Agents From Nominal July 09, 2025 RAAPID Announces RADV Documentation Defense Webinar as CMS Expands Audits to All 550 Medicare … From RAAPID INC July 15, 2025 Want to share a company announcement with your peers?
Discover how SAP solutions lay a solid foundation for audits and next level PCAOB or AICPA compliance reviews. While passing each audit is a critically important milestone, companies also should understand that it is only one aspect of ensuring their financial transparency and integrity.
As this blog series continues to explore optimizing quote-to-cash (QTC) to compliance for different industries, in this episode we dive into the special challenges faced by companies in the telecom sector and address how solutions in the SAP portfolio help overcome them.
In this blog post, we are taking a closer look at two important initiatives from SAP with a focus on what they are and how they can help companies optimize their ERP systems and accelerate their business growth. RISE with SAP and SAP GROW are two distinct offerings that serve different purposes as outlined below.
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.
To effectively manage these challenges, more large and mid-sized SaaS companies are now moving away from traditional on-premise ERP systems or outgrowing the limitations of low-end cloud ERPs, with the majority shifting to comprehensive cloud-based ERP solutions such as SAP S/4HANA Cloud ERP. SOX compliance) and financial transparency.
With COP29 coming up November 11-22, 2024 in Baku, Azerbaijan, this is a good opportunity to review progress toward climate goals and to update new developments in SAP's ongoing focus on delivering end-to-end carbon management and ESG reporting solutions. The world will be watching, and expecting governments to stand and deliver at COP29."
These have included migration tools such as SAP RISE and GROW , reducing Digital Debt , and fast-tracking Subscription Billing with Public Cloud Packaged Solutions. What is SAP Clean Core SAP Clean Core is a strategic approach that enables organizations to adopt cloud ERP solutions more effectively.
Previous episodes in this Insights Series have explored the challenges created by new Digital Solutions Economy paradigms for billing, fulfillment, invoicing, revenue accounting, and compliance across a wide range of industries. Also, diversification of services offered can help mitigate risk and strengthen revenue streams.
Over the past eight years, many episodes in this blog series have focused on revenue recognition and how SAP solutions such as Revenue Accounting and Reporting (RAR) have provided a robust foundation for compliance with ASC 606 and IFRS 15. This provides the basis for real-time matching of revenue and cost.
While these reports represented an important element for communicating a company's corporate-citizenship vision and were also positive public relations initiatives, for the most part they did not contain a lot of hard, auditable data. In the area of climate change, this is often referred to as "carbon accounting".
In addition to highlighting trends such as the Digital Solutions Economy (DSE), industry-focused solutions, and SAP initiatives like artificial intelligence and S/4HANA cloud, this Insights Series will also periodically provide answers to the top questions that we hear from our clients and partners.
Global ESG Regulatory Requirements One of the major ESG compliance developments to watch is the US Securities and Exchange Commission (SEC) proposed regulation on Climate-Related Disclosures and ESG Investing. At Sapphire 2023, SAP also introduced a new component called the Sustainability Data Exchange within the SAP Business Network.
Legal and Regulatory Compliance: There are numerous data protection laws and regulations that companies must adhere to, such as the General Data Protection Regulation (GDPR) in Europe and the California Consumer Privacy Act (CCPA) in the United States. Non-compliance can result in hefty fines and legal penalties.
This important issue was previously explored last year in Are You Ready for "Carbon Accounting" Compliance? Certain climate-related financial statement metrics and related disclosures in a note to its audited financial statements; and ? and also identified as one the Five Key Trends to Watch in 2022.
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.
The pressure on finance leaders to deliver strategic insights and ensure compliance is mounting in this dynamic environment. Additionally, CFOs are now required to oversee compliance beyond traditional financial reporting, which extends to new areas such as ESG," Chee adds. These challenges, like tangled vines, impede progress.
SAP Business Planning and Consolidation (BPC): SAP BPC is part of the SAP ecosystem and offers comprehensive financial planning and consolidation capabilities. It integrates with other SAP solutions and has strong reporting and analytics features. Here are some of the key advantages and disadvantages of SAP BPC.
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.
The big action in corporate spend management is travel and entertainment (T&E), where the 800-pound gorilla has long been Software-as-a-Service (SaaS) goliath, SAP Concur. billion expense management pie), a group of competitors has merged into a new company to challenge SAP’s category dominance. “A A Reliance on Compliance.
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.
Her consulting experience included audit and risk advisory services, project management, business process improvement and information technology, primarily serving financial institutions. Prior to this role, Joy worked on the Oracle to SAP Conversion on the Finance Systems and Integration team at Google.
The specialist skills within finance and accounting that are proving to be the most difficult to find amongst job candidates include business/financial analysis, compliance, financial planning and analysis, risk, and internal audit. The post Elevating tomorrow’s finance leaders today appeared first on FutureCFO.
It offers flexible budget creation, real-time monitoring, forecasting, and variance analysis. It allows for detailed financial planning across various departments and business units.
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