In a world increasingly characterised by digital processes, we are seeing a significant shift in priorities within companies, particularly in finance departments. For a long time, the integration of financial accounting was seen more as a standard, incidental task - a view that greatly underestimated the true value and potential of this core function. Other departments were often at the forefront of innovation and determined the direction of the company's development. Slowly, however, the realisation that optimising integrated finance is essential is gaining ground.
Read MoreArtificial intelligence (AI) in financial accounting
In today's world, artificial intelligence has the potential to transform many industries and finance is no exception. One of the areas where AI could make significant progress is financial accounting.
Read MoreSAP tools for integration & data analysis 2023
In the current digital landscape, data is indisputably the central element of every organisation. The right approach to data analysis or data management is the difference between triumph and defeat in the business world. This is where SAP is positioning itself as a globally dominant force in enterprise software by providing customised tools for such essential needs.
Read MoreMore key figures transparency in the ERP system
Many companies hope that the introduction of ERP software will bring more transparency to their key figures. However, it only becomes clearer if a few steps are taken beforehand.
Read MoreCoding or customizing: Correctly adapting ERP software
There are two methods for customising the processes of an ERP. Customizing is the method of adapting the system within the possibilities that the system offers.
Read MoreGerman Association of Tax Consultants reacts to reduction of VAT rates
In a lengthy statement, the German Association of Tax Consultants has commented on the temporary reduction in VAT rates. The content of the text makes it clear that, according to the tax consultants, the change in VAT is (literally) a "bureaucratic super-GAU".
Read MoreERP projects despite or because of Corona
The Covid-19 virus and its impact on the economy still cannot be assessed even after weeks in lockdown. It is precisely this uncertainty that is cited everywhere when it comes to reasons for not taking any action for the time being. Ignorance or foresight?
Read MoreERP as standard - what does that mean?
When a company starts looking for a new ERP system, sooner or later it will be faced with the decision between standard software and a specialised solution. There are many reasons in favour of a standard system - not least the fact that ERP solutions such as SAP Business One are so flexible that they can be adapted to the individual needs of a company. Nevertheless, opinions on what a standard system should basically cover vary widely.
Read MoreERP selection - if it were that easy / Part 8
In the last part of our series on selecting ERP software for a company, we looked at how providers present suitable systems. The customer's employees sit opposite the presenter. And everyone has something to say on the subject. Advising, influencing and/or decisive.
Read MoreTime to tidy up - optimise ERP software now (Part 3)
Opportunity management is gaining importance right now. This does not only mean the implementation in software functions, but a whole strategy to approach sales methodically.
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