E-invoicing - The flexible EN 16931 standard
13 Nov

E-invoicing - The flexible EN 16931 standard

With the mandatory introduction of e-invoicing, based on the EU-wide EN 16931 standard, companies are faced with the challenge of not only optimising their processes, but also remaining flexible in the long term. What initially appears to be a compulsory technical task reveals a key question on closer inspection: how can companies prepare for future changes without ending up in a technical dead end?

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International e-invoices: differences and global developments
1 october

International e-invoices: differences and global developments

Although the introduction of e-invoices is progressing worldwide, the legal requirements vary greatly from country to country. However, companies that operate internationally need to familiarise themselves with the specific requirements of the respective markets in order to avoid legal risks and fully exploit the benefits of digitalisation.

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GOBD and GOBD myths
16 July

GOBD and GOBD myths

The GoBD includes a large number of requirements designed to ensure that bookkeeping is proper and unalterable. This applies to both the actual bookkeeping and the storage of the corresponding data. A key component is the procedural documentation, which describes in detail how the accounting processes run and how the data is managed.

Every taxable company in Germany, regardless of its size, must fulfil these requirements. This applies to both sole proprietorships and large groups such as DAX-listed companies.

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Software validation in medical technology
7 July

Software validation in medical technology

Software plays a critical role in medical technology, as its reliability and safety can directly affect the health and lives of patients. To ensure that medical software fulfils the high requirements, thorough software validation is essential. But what exactly does validation mean in this context and why is it so important? What are the different aspects of software validation in medical technology and how can the findings be applied to ERP software validation, such as SAP Business One?

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AI for SAP Business One puts the user at the centre
30 June

AI for SAP Business One puts the user at the centre

The business software of the future will be fundamentally changed by artificial intelligence (AI). Instead of struggling through complex menus, users will be able to interact with the software in natural language. This development opens up many new opportunities and benefits for companies, especially for SMEs. We can already see how AI makes SAP Business One easier to use with the industry solution for medical technology.

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IFRS & HGB with SAP Business One
28 June

IFRS & HGB with SAP Business One

HGB and IFRS pursue different objectives and approaches in accounting. While the HGB focuses on prudence, creditor protection and a close connection to tax law, IFRS emphasises shareholder value and a more optimistic, future-oriented presentation. These differences have a major influence on how companies present and value their financial results and positions. In a globalised business world, IFRS offers a more standardised and internationally comparable information basis, which is particularly advantageous for globally active companies and their investors. SAP Business One offers advanced functions to fulfil the requirements of both local HGB and IFRS and supports companies in overcoming the systematic challenges of IFRS.

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