SAP Solution: Finance

Invoice processing is already highly digitized today. Artificial intelligence is now providing an additional boost: rule-based workflows are increasingly being supplemented by self-learning systems. The aim is to achieve a higher degree of automation—without completely replacing tried-and-tested processes.

Exclusive interview with Workday Group Vice President DACH Christopher Knörr.

With the move to S/4 Hana, Swiss Post has implemented the SAP Billing and Revenue Innovation Management (BRIM) bulk billing solution in areas with high billing volumes to prepare for the future.

Finance plays a fundamental role in the transformation to a digital company. It is essential that those responsible for finance are involved in the changeover to SAP S/4 - this is where all the threads come together.

Why merging IT systems is so important in mergers and how a digital accounting process can help.

Only 14 percent of CFOs globally believe that finance departments have the capabilities needed for future growth. A study by Blackline shows that finance and accounting are struggling to keep up with the pace of digital transformation.

Flexible, agile and scalable billing options are required that support the innovative business models of start-ups to old-economy companies in their digital transformation.

A connector from Billwerk allows subscription business models to be integrated into SAP Finance. Billwerk is a European market leader for subscription management solutions.

The CFO's role is becoming increasingly strategic. For this, he needs a central IT platform that collects and processes data from many different sources. This should be easy to use and ideally come from the cloud.

SAP's new financial services joint venture raises questions. There are also demands from SAP user companies in the finance and insurance industries.

When it comes to supply chain finance, most believe that key to success is the choice of technology or transaction platform. This is not entirely true.

Valantic's merger with Linkit expands its service offering in the area of SAP consulting and implementation for finance and controlling (SAP FiCo).