In a world increasingly characterised by digital processes, we are witnessing 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, AI has the power to transform many industries, and finance is no exception. One of the areas where AI could make significant progress is financial accounting.
Read MoreSAP Integration & Data Analytics Tools 2023
In the current digital landscape, data is indisputably considered the central element of any business. The proper handling of data analysis or data management marks the fine line between triumph and defeat in the business world. This is where SAP positions 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 to achieve more transparency in their key figures by introducing ERP software. However, it only becomes clearer if a few steps are followed 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 MoreThe German Association of Tax Advisors reacts to the reduction in VAT rates
In a lengthy statement, the German Association of Tax Consultants has commented on the temporary reduction of VAT rates. The content of the text makes it clear that, according to the assessment of the tax consultants, the change in VAT is (literally) a "bureaucratic super-GAU".
Read MoreERP projects despite or because of Corona
Even after weeks of lockdown, the Covid-19 virus and its impact on the economy are still unpredictable. Everywhere, it is precisely this uncertainty that is cited as a reason for not taking any action for the time being. Ignorance or foresight?
Read MoreERP in the standard - what does that mean?
If a company starts looking for a new ERP system, sooner or later it will have to decide between standard software or a specialized solution. There are many reasons that speak for a standard system - not least the fact that ERP solutions such as SAP Business One are so flexible that they can also be adapted to the individual needs of a company. Nevertheless, the opinion about what such a standard system should cover so fundamentally is very different.
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 dealt with the presentation of suitable systems by providers. The presenter sits opposite the customer's employees. And everyone has something to say on the subject. Advisory, influencing and/or decisive.
Read Moretime to clean up? Optimize 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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