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Popular Articles
HANA optimized planning with BW-IP
CFOs and CIOs come together at SAP UK’s ‘Value Vision’ event
Goodwill Automation in SAP® BusinessObjectsTM Financial Consolidation, Starter Kit for IFRS
Forecasting from the Ground Up
What’s the Difference between SAP Business Analytics and SAP Business Intelligence?
Benchmark yourself on cost and profitability reporting
It’s official: Cost and Profitability Reporting is beyond hype
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Articles in category: Financial Planning
1-20 of 20
Integrated Business Planning — the Inevitable Journey for Finance
Explore The Decision Factor Blog
It should come as no surprise that the next mile of finance is upon us – changes are afoot in the world of budgeting and forecasting. Traditionally, this has entailed the finance organization accumulating information at a high level of aggregation from their business partners (sales, HR, marketing) and other cost and responsibility centers. This information feeds into budgeting, forecasting, and strategic planning models with most of the emphasis on revenues and expenses. But many of these models lack collaboration, clarity, and timeliness.
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Mentions: SAP
Five Tips for SAP Business Planning and Consolidation Implementation Success
Complicated multinational reporting requirements, inter-company eliminations, multiple disparate ledgers, and time-consuming reporting practices – if any of these characterize your financial consolidation process, it might be time for an overhaul. I know of which I speak – at Citrix, we faced more than one of these challenges. The remedy: a complete overhaul of our consolidation system processes. The results: A lot of learning… and a few surprises along the way.
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SAP for Retail gives Fast Fashion customers instant access to leading catwalk trends
In today's fast-paced fashion environment, style inspired by the latest runway shows is seen on clothing retailer's racks within weeks. As quickly as the new fashion arrives, it is replaced by the next collection. Retailers have to adapt to the fast-paced environment to ensure they maintain a flow of trendy, fashionable products while carefully maintaining quality, price and stock levels, both in-store and in online shop fronts. Fashion and trends change as soon as the next fashion week comes around, and retailers need to adapt to remain relevant to customers that demand the latest fashion.
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Mentions: SAP United Kingdom
New Product? Don’t Forget To Update The Sales Compensation Plan
Congratulations, your organization is launching a new product in 2013! Are you updating the sales compensation plan accordingly? Failure to do so often leads to under performing product launches and underwhelming results. Learn how to look at the launch closely and adjust the comp plan appropriately.
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SAP to hike Standard Support fees on new contracts
Standard Support pricing will go from 18 percent to 19 percent of license fees, effective July 15, for new customers
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Mentions: SAP Chris Kanaracus
SA is increasingly outsourcing IT jobs
Even with an unemployment rate of 25% there is evidence, especially in the financial services sector, that more and more foreign nationals are brought into South Africa to take up information technology (IT) work here. This in spite of ideals - legislated and compliance expected from the private sector - for local empowerment through BBBEE.
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Mentions: India South Africa Wipro
SAP Financial Consolidation 10.0 Starter kit for IFRS
As accounting standards and regulations evolve – such as IFRS, GAAP and the XBRL electronic filing format, so your own financial accounting processes need to evolve. If this is an area of focus for you then you might like to take a look at the SAP IFRS You Tube channel, where you’ll find a number of demos.
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Mentions: SAP
SAP takes the lead in Financial Performance Management
With its dominant share of Financial ERP systems, it was perhaps only a matter of time before SAP gained leadership in the financial performance management space and this was confirmed this week in IDC’s “Worldwide Financial Performance, Strategy Management, and GRC Applications 2011 Vendor Shares” report. However, leadership has been rapid and with the current momentum, SAP looks set to establish clear blue water ahead of its competitors.
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Mentions: SAP
Is your CFO qualified to oversee IT?
There is a renewed discussion of the CIO reporting relationships. It is a discussion that is sure to generate debate as who you report to is important both personally and professionally. The perceived increase in CIOs reporting to CFO’s is a topic that goes through this cycle much like call of Paul Revere in the American Revolution – the “The CFO’s are coming, the CFO’s are coming, to arms the CFO’s are coming.”
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Goodwill Automation in SAP® BusinessObjectsTM Financial Consolidation, Starter Kit for IFRS
Accelerating companies 'financial close processes through innovation' is our main goal for Enterprise Performance Management. Over the past few months we have been interacting with SAP® BusinessObjectsTM Financial Consolidation customers and came to the decision that automating the goodwill calculation should be considered as a high innovation priority in 2011. Available now, customers can benefit from a brand new release of the IFRS Starter Kit including an Automated Calculation of Goodwill feature. This blog introduces a working document, which explains why and how Financial Consolidation Starter Kit for IFRS has been enhanced to offer this automatic calculation of goodwill.
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Forecast Accuracy : It’s All About the Data
A forecasting process must also allow for the ability to refresh and update relevant data during the forecasting cycle. This alleviates users’ tendency to collect updated data on their own and enter it into the system, which often introduces errors – or, worse, forecasters ignore recent events and let dated assumptions persist. Another concern is data “dumped” in front of users replete with useless fields, codes, and descriptions – for example, those field names found only in source systems. This practice greatly decreases the signal-to-noise ratio, forcing users to spend inordinate amounts of time trying to make sense of irrelevant or poorly labeled data. This is not only a data sourcing issue, but also a master data definition problem
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Mentions: SAP Community Network SAP
HANA optimized planning with BW-IP
In-memory and column-store technologies of SAP HANA provide new capabilities for planning use-cases. This blog describes how BW-IP was used as starting point to leverage this new technology. And how the fully compatible 'planning applications kit' evolved, combining the strength of feature-rich BW-IP and highly optimized SAP HANA.
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Mentions: SAP
Sap Bpc 10.0 in a nutshell
I've worked across many clients and seen a lot of changes in the SAP world over the years so I'm not the easiest person to get excited about new versions of software that are often heavy on re-branding of old functionality and light on step changes that significantly benefit to our clients.
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Mentions: SAP Philadelphia
Benchmark yourself on cost and profitability reporting
With pressure on margins, there is renewed interest in profitability reporting and a lot of global companies investing in new initiatives. If it’s a concern for you, as a first step I would urge you to benchmark yourself on a simple on-line assessment tool that SAP has put together. It’s quick, easy - and most revealing… (Read Full Article)
Mentions: SAP
Software Spending and the Economy
We just completed another re-forecasting exercise at IDC, as uncertainty increases over the health of the global economy. This time in particular, I was pressured to lower the enterprise applications forecast for next year and adjust the 5 years forward to account for the new and lower 2012 numbers. I have remained fairly optimistic for apps though, despite the overall economic conditions. It's a question that I answer several times a week…"what's the applications market doing and why?" If you look at the numbers over the last couple of years, especially since the "bottom" year of 2009, you'll see a market that is very healthy. Even so, I find a lot of skeptics when I talk about this health continuing.
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CFOs and CIOs come together at SAP UK’s ‘Value Vision’ event
CFOs and CIOs should theoretically be united in a common goal to shift from cost control to growth. But in reality, many organisations have been poorly equipped to make the business case for IT investment in disciplines such as planning, budgeting, forecasting, performance monitoring, compliance and internal management reporting. That’s often because IT and Finance don’t have a unified view of what success should look like – or how to get there.
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Forecasting from the Ground Up
Without stealing too much of their thunder, I can reveal that my colleagues responsible for our planning and budgeting solutions have been doing some research to uncover exactly how companies are adapting their planning and budgeting processes to cope with the stubbornly volatile global economy. (Read Full Article)
It’s official: Cost and Profitability Reporting is beyond hype
It’s good to see that the Gartner analysts who contributed to the most recent Hype Cycle for Performance Management 2011 have ‘Cost to Serve Analysis’ on the rise, Customer Profitability Management sliding through the trough and Profitability Modelling and Optimization climbing the slope of enlightenment. That’s right three different flavours of profitability reporting on a [...]
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What’s the Difference between SAP Business Analytics and SAP Business Intelligence?
SAP Business Analytics consists of six software categories (including SAP BI) and scores of SAP BusinessObjects products. ASUGNews.com takes a look at each of them.
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The Case for Contract Management: Why You Should Get Started Today
How well-versed are you in the three key areas of contract lifecycle management (CLM)? Take this quick quiz to determine your competency regarding contract visibility, contract creation/authoring, and contract performance management—and understand whether a CLM solution would benefit your organization.
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Mentions: SAP
1-20 of 20
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