Introduction: Segregation of Duties (SoD) is a critical control mechanism to prevent fraud and errors in business processes. However, as organizations operate across multiple systems, managing SoD risks becomes more complex. This blog explores best p...
Greetings, and welcome to our first blog post of the year featuring the new features we've released over Q1 2025 for SAP Subscription Billing. We've been hard at work implementing improvements based on your feedback, and we're thrilled to share these...
Guide to configure Bitcoin (BTC) as a currency in SAP.
“If you think compliance is expensive, try non-compliance”. I am sure you know this quote from Paul McNulty, former U.S. Deputy Attorney General. And looking at the top risks for 2025 with “Compliance and Regulations” super-inflation still being a ma...
We are pleased to announce the release of Stack 2202, bringing a series of enhancements and legal updates designed to improve your experience and facilitate more efficient operations. Below are the key highlights of this release:DM CLIENT 10.1: Susta...
Unlocking clarity: when visibility is crucial, how can an organization determine if it has been compromised? Without effective oversight, comprehensive reports, and audit trails, this becomes a challenge. A lack of control leaves organizations vulner...
No Customers Left Behind!In light of recent announcements regarding a new version of the SAP GRC solutions scheduled for 2026 and end-of-maintenance dates, there has been some confusion. Additionally, incorrect statements in the market with respect t...
Unless you have been vacationing on Mars using one of SpaceX’s spaceships, you would have been aware of the recent development in US foreign trade policy. Especially the use of the US International Emergency Economic Powers Act by the new US adminis...
Internal (Customs) Compliance Programs are a set of internal policies and procedures designed to ensure compliance with export control regulations. But there is no blueprint so the system should be tailored to each company. This blog details the bene...
Where should we centralize our data - and why?Many of the world's most complex companies have taken a SAP S/4HANA central finance foundation approach to creating a finance platform. What does the introduction of SAP Business Data Cloud mean for their...
This blog addresses common questions about configuration settings and best practices for SAP Cloud Identity Access Governance, integration edition. It offers guidance on detecting and resolving configuration issues, adopting best practices, and utili...
A cluttered Chart of Accounts (CoA) can slow down financial processes, hinder automation, and create compliance risks. Before moving to SAP S/4HANA, optimizing your CoA is the first and most critical step!In this blog, we introduce the SMART framewor...
Feb 13, 2025 is “Business Unleashed Day” for the SAP Community, with announcements on SAP Business Suite and SAP Business Data Cloud - and how AI, data, and applications are combined like never before to help you unleash your full potential and make ...
In the rapidly evolving world of finance, AI is transforming how businesses operate. From automating routine tasks like transaction matching to summarizing and analyzing complex data sets including structured and non-structured information, AI offers...
“New trade sanctions become operational” is a headline that one can regularly read these days. For many companies, this has been a reality for a long time. But more and more organizations are realizing that these compliance requirements apply to them...
Hello SAP Community members,I'm excited to start 2025 with a fresh wave of SAP Profitability and Performance Management Cloud Standard Model (SAP PaPM Cloud SM) features and enhancements, focusing on Administration, Process, RFA and Layout functional...
The Future of Record-to-Report Coordination, including Financial Closing, at SAP is SAP Advanced Financial Closing.
Finance teams can be bogged down with manual closing processes - which leave little time to support transformation efforts. By implementing SAP accounting add-ons by BlackLine before your transformation, you can automate tasks and free up resources t...
With the rise of AI, cloud adoption, and stricter compliance demands, access governance—especially with fine-grained Segregation of Duties (SoD) analysis—has become essential. Industries such as finance, healthcare, and government face strict regulat...
Hello Everyone,To give you the most out of SAP Profitability and Performance Management Cloud (SAP PAPM Cloud), we have increased the versatility of our application by allowing you to use your own database as the foundation for your SAP PaPM Cloud su...
Hello dear readers! Happy New Year!!!Last month, my colleague released a What’s New blog post regarding enhancements that were delivered to SAP Profitability and Performance Management Cloud – Universal Model (SAP PaPM Cloud UM) application.This mon...
The top 5 categories in the 2025 risk landscape according to experts, analysts, journalists, and business leaders:Information Technology,Supply Chain,Geopolitics,Economic Conditions, Cybersecurity
Hello SAP Community!My name is Marija, and I’m thrilled to welcome you to my very first blog post for the SAP Profitability and Performance Management (PaPM) solution. Today, I want to share some exciting updates about the Remote Function Adapter (RF...
Hello, SAP users! We’re excited to share the latest updates to the SAP Profitability and Performance Management (PaPM) Universal Model. These new features are designed to make processes smoother, improve decision-making, and boost performance. Whethe...
The Future of Financial Automation Through AI Journal entry automation using BTP AI and S/4HANA is a game-changer for finance departments, paving the way for greater efficiency, accuracy, and insights. By embracing this transformative technology, bus...
What are the implications of Artificial Intelligence in the field of Regulatory Compliance? This blog is a short summary of findings from a study into the benefits and risks of delegating the analysis of regulatory changes to an AI.
Financial Closing TransformationAs financial operations grow in complexity, organizations increasingly seek to optimize their financial closing processes. SAP Advanced Financial Closing (AFC) has emerged as a robust solution to enhance these operatio...
Hello, my fellow SAP enthusiasts! Welcome to our latest blogpost on SAP Profitability and Performance Management Cloud – Universal Model (SAP PaPM Cloud UM)! In the fast-evolving world of business process management, staying ahead of the curve is ess...
In this blog post, we’ll explore how to enhance the standard XML file generated for an electronic document using the method SET_OUTPUT_DATA of the Business Add-In (BAdI) EDOC_ADAPTOR_CLOUD. This enhancement to the XML generated by SAP is particularly...
The Indian Companies Act mandates several key audit trail requirements to ensure transparency and accountability in financial transactions:Record Keeping: Companies must maintain accurate and complete records of all financial transactions.Audit Requi...
A standout feature of this PCM tool is its flexibility in allocation dimension selection and the multi-level allocation process, making it an essential solution for businesses seeking advanced control over their cost allocations.
You can use the Business Add-In (BAdI) EDOC_PART_CONN_CHANGE_EMAIL_V2 to customize the e-mails you send to your customers. This BAdI allows you to tailor e-mail details such as addresses, subject lines, and body text. Additionally, you can modify exi...
Hey there, SAP Community members!Ready to dive into the latest features that were released at the end of Q3 2024? I’m excited to walk you through all the new features and enhancements for SAP Profitability and Performance Management Cloud – Universa...
Mergers and acquisitions present and company with unique opportunities to fast-track growth, diversification, and enhanced market presence. They also come with significant inherent challenges that can hinder a successful outcome. This blog explores...
This blog provides an overview of SAP Global Trade Services, customs connection, a standardized public cloud based service providing simple and no-touch communication from SAP Global Trade Services edition for SAP HANA, private edition to customs aut...
Today SAP is introducing SAP Digital Currency Hub as an early adoption release enabling payments without boundaries – making payments instant, available 24/7 globally and secure at low fees.SAP Digital Currency Hub enables customers making and receiv...
Hello,The Import Fixed Assets Credit Amounts for Control Credits enables you to integrate the Assets data with the Control Credit App.Are you interested in learning more about the Import Fixed Assets to Control Credits app?Whether you are using SAP S...
About meHello everyone, my name is Sandra Djurdjevic and for nearly two years, I’ve been deeply involved in analyzing the OECD BEPS 2.0 initiative and translating it to our SAP Profitability and Performance Management (SAP PaPM) solutions. Although I...
1. IntroductionIn SAP S/4HANA 1809, the Accrual Engine was introduced to simplify and automate accrual accounting. This feature automates the calculation and posting of accruals, allowing businesses to manage finances more efficiently. The Accrual En...
Transforming Financial ClosingAt SAP, we are committed to continuous innovation and process improvement. We are delighted to announce that our financial entity closing tasks have been successfully transitioned to the SAP Advanced Financial Closing (A...
ISA 600 provides guidelines for auditors responsible for auditing group financial statements, covering multiple entities often spread across different locations. The group auditor holds the overall responsibility, including assessing risks and coordi...
Just yesterday, Martin Barkman announced SAP was named a Leader in the first-ever 2024 Gartner® Magic Quadrant™ for Recurring Billing Applications. Gain access to the full report and read the announcement here.
If relevance of Governance, Risk and Compliance within the RISE with SAP program wasn’t clear enough, it has been made even more prominent with the announcement in April of the three lines of defense package.This is an existing offering that has now ...
The recent Key Issues Study by The Hacketts Group identified the top three finance priorities as:Cost Management & OptimisationCash Flow Performance, Liquidity and Working CapitalData (Timeliness, Completeness, reliability), Insights and Actionable A...
SAP is thrilled to sponsor the FP&A Trends Survey 2024, garnering insights on financial planning and analysis from over 2,400 responses worldwide. As data's crucial role in decision-making accelerates, it's clear that data quality, technology adoptio...
Reconciliation is a business-critical process. There are capabilities provided by SAP S/4HANA Cloud and specific capabilities delivered by SAP S/4HANA Cloud for Central Finance.When reconciliation extends beyond into multiple systems including non-SA...
Jenny Hopkins from Asda reported at SAPPHIRE 2024 about their move to RISE and finance modernization with SAP S/4HANA Cloud for central finance.
According to OECD, innovative and growth oriented firms, as well as medium-sized enterprises seeking to invest and expand and SME seeking to undertake green investments are facing capital gaps in form of lack of access to liquidity, higher interest r...
A Partner Government Agency (PGA) is a US government agency that operates alongside the Customs and Border Protection Authority (CBP), which regulates the export and import of goods into the United States. Products regulated by PGAs often require lic...
Existing investments made in SAP S/4HANA can already help teams meet sustainability reporting requirements
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SAP PaPM Cloud Universal Model: What’s New as of 2...
