SAP Credit Management

SEPTEMBER 7, 2023

Welcome to a new edition of the Cloud ERP Close-Up after a short summer break! As business complexity and pace of change rises, companies must drive rapid transformation of finance operations, monitor the business, and reduce organizational risk. Particularly fast-growing organizations have the need to follow a “post-modern ERP strategy” – which means that they differentiate between their operational and their administrative ERP capabilities.

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Revenue Recognition Order to Cash Invoice Collections Cash Applicator 226

Due

SEPTEMBER 7, 2023

Planning for retirement can feel a bit like carefully threading a needle. You want to stop working young enough to enjoy your retirement while also stopping late enough that you don’t end up in a precarious financial situation. As many people get closer to retirement age, their spending habits naturally become more frugal. But that doesn’t mean you don’t need to plan for future expenses.

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SAP Credit Management

SEPTEMBER 7, 2023

We have been listening to users about how they are getting on with the Horizon visual theme for their work – what they like, and whether there are areas for improvement. Overall, the theme is well received, looking fresh, friendly and modern – however there were some details which could be improved. As a result, we are planning to bring some improvements to Horizon soon – via UI technology patches as well as via new versions / releases.

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Due

SEPTEMBER 7, 2023

Do you perceive retirement as an end to your long and fulfilling career? Well, for many Americans, retirement is the new beginning! How do you plan to make the most of your newfound free time and financial security? Thinking traditionally, you might be planning vacations, devoting time to your favorite hobbies, or spending memorable moments with your grandkids.

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SAP Credit Management

SEPTEMBER 7, 2023

Business Requirement From 1st January 2014, companies in France are legally required to export their accounting transaction data for a fiscal year. They must then provide that data to auditors in Fichier des écritures comptables (FEC) format within a reasonable amount of time. Upon receiving notice of a tax audit, a company has 15 days to prepare and remit the FEC file.

Transactions 190

Transactions 190

Abrigo

SEPTEMBER 7, 2023

Court case: Credit union held liable for ACH fraud losses A construction company argued the financial institution "failed to establish a reasonable routine" for monitoring suspicious activity alerts tied to ACH. Learn strong approaches to identifying, evaluating, and reporting suspicious activity in this BSA Guidebook Download now Takeaway 1 A credit union was recently found liable for fraudulent ACH transactions totaling $559,000.

Credit Unions 88

Credit Unions Transactions Default 88

Accounting Department

SEPTEMBER 7, 2023

Budgeting is a vital process that enables small and medium-sized businesses to effectively allocate resources, plan for the future, and achieve financial stability. However, navigating the budgeting process can be challenging without a clear roadmap.

Small Businesses 95

Small Businesses 95

SAP Credit Management

SEPTEMBER 7, 2023

Find Release Content Quickly and Easily With more than 90 services and products in the SAP Discovery Center as of today, SAP Business Technology Platform offers innovative solutions for every scenario imaginable. Staying up to date on all the ones you are using, and their upcoming new features can be a time-consuming challenge. The more services you use, the more content you need to keep track of: Blog posts, newsletters, videos, podcasts, webcasts, social media channels, webpages… there’s a lon

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Chaser

SEPTEMBER 7, 2023

Explore AI's transformative impact on finance, from cost savings to personalized service. Uncover the future of AI in finance.

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SAP Credit Management

SEPTEMBER 7, 2023

Have you ever been whisked away on an unexpected adventure? One minute you’re sipping coffee at your desk, and the next, you get an email from Chris Paine to dive straight into a whirlwind of SAP’s Implementation Design Principle. In my coffee, I stared down at the challenges and pitfalls awaiting us. With this blog post, I am pleased to announce the release of our latest IDP, focusing on Clock In Clock Out (CICO) integration considerations in SAP SuccessFactors Time Tracking.

Dashboards 188

Dashboards 188

Abrigo

SEPTEMBER 7, 2023

Adapt to a dynamic banking environment with real-time lending & credit data Lender dashboards and reports showing the lending pipeline, pricing trends, emerging risks, workflow bottlenecks, etc. help financial institutions adapt quickly to trends. You might also like this on-demand webinar, "Identifying emerging CRE risks." WATCH NOW Takeaway 1 Financial institutions create a competitive advantage when they are informed about critical factors affecting loan growth.

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Dashboards Credit Unions Credit Risk CECL 78

SAP Credit Management

SEPTEMBER 7, 2023

SAP today published Assessing the Security of Large Language Models – Exploring vulnerabilities, threats, and potential malicious use cases for generative AI as presented by the rapid proliferation of LLMs. This brochure by SAP’s Security Research team has been circulating internally but we thought it valuable to share publicly. It’s a great nuanced and reasoned overview of the key security risks and benefits of Large Language Models (LLMs) or Generative Artificial Intelligence (AI),

Cybersecurity 185

Cybersecurity 185

Credit Management Group UK

SEPTEMBER 7, 2023

We hope this blog finds you well. If there is anything you would like to see more of in our round ups from more Credit Management Hints & Tips to help on E-learning webinars let us know: COMMERCIAL CREDIT MANAGEMENT Government was slow to take action on Covid 19 grant losses Business confidence in the economy remains low SMEs hit by late payments Late payment legislation fails to speed up payment practices REGULATION & COMPLIANCE Late payment legislation fails to speed up payment practic

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Credit Management Default 81

SAP Credit Management

SEPTEMBER 7, 2023

Introduction In the ever-evolving world of business technology, staying ahead of the curve is essential for organizations seeking to maximize their investments in solutions like SAP. To help customers fully realize the value of SAP software, SAP Preferred Success has been introduced. This program is designed to improve consumption by offering five key activities supported by three essential programs, all of which align with a customer’s lifecycle.

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Eagle Business Credit

SEPTEMBER 7, 2023

Long-term financing is a challenge for many people, but there’s some good news out there. We’re seeing a lot of inquiries where people have taken out two or three different online loans. They’ve stacked them so to speak, but they have great receivables and they are still getting good orders. Those are the types of clients where we can get them into a factoring facility, and they can very easily pay off that debt that’s a millstone around their neck.

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Credit and Collections Default 98

SAP Credit Management

SEPTEMBER 7, 2023

Hi friends! In this post we will detail some of our experience in migrating packages from SAP B1If 1.x to SAP B1If 2.0, more specifically migrating packages related to a custom REST API for SAP Business One. Our migration process basically involved three distinct processes, the last process of which has not yet been completed: Migration Tool 1.x to 2.0 2.0 adjustments keeping B1If Compatibility 2.0 tuning to make B1If 2.0 pure package After the migration from 1.x to 2.0, some adjustments were re

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Reorg Blog

SEPTEMBER 7, 2023

The post Litigation Coverage: Junior Certificate Holders Accuse Ares of ‘Rigging’ Another Aircraft Auction to Obtain Collateral at Discount, Attack Use of Stalking Horse Breakup Fees to Chill Competitive Bidding appeared first on Reorg.

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SAP Credit Management

SEPTEMBER 7, 2023

Accelerate your path to success In today’s fast-paced business landscape, organizations are constantly seeking ways to leverage technology and optimize their operations. SAP, one of the world’s leading software providers, recognizes this need and offers a comprehensive program called SAP Preferred Success. This program is designed to fast track and drive value through a proactive partnership with SAP, offering insight-driven recommendations, release guidance, targeted learning progra

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Reorg Blog

SEPTEMBER 7, 2023

One of the most anticipated sale processes has kicked off with information memoranda for the French insurance broker Kereis (formerly known as CEP) distributed in the last few days among prospective bidders, sources told Reorg. Sell-side advisor JPMorgan is offering staple financing to private equity bidders, two of the sources said.

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SAP Credit Management

SEPTEMBER 7, 2023

In the world of healthcare, a doctor’s expertise is magnified when they have access to reference points like a patient’s normal heart rate or a standard range of blood pressure. The outcome of every experiment and evaluation depends on having reference points or so-called control factors. These reference values provide crucial context, enabling medical professionals to diagnose ailments accurately and chart a path to recovery.

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Process Mining 176

Reorg Blog

SEPTEMBER 7, 2023

The post Primary Analysis: Investors Unfazed by Boels’ LTM Cash Burn Amid Construction Downturn, Laud Conservative Financial Strategy, Capex Flexibility; Mid-to-High 6% IPT in Line With Loxam 2028s appeared first on Reorg.

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SAP Credit Management

SEPTEMBER 7, 2023

生产过程中，当产品检验不合格的时候，会有返工的情况发生。对于返工业务，我们可以专门创建一个返工工单，来记录返工的过程和成本的消耗。也可以在原工单上增加返工部分的材料和工时投入来使工单能体现真正的实际成本。今天我们来看一个特别的返工处理方式：当有需要返工的不合格数量记录时，通过触发点来在工单上自动插入返工工序，记录返工的过程和消耗。 我们在物料工艺路线中设置触发点（应用 更改工艺路线 ），选中工序 – 菜单 – 转到 – 出发点概览： 填好 触发点用途 0004， 描述 ，为 功能 打上标记后，选择触发点，然后点击菜单 – 明细 – 触发点，如下图，填好触发点功能，并在插入参照工序集行项目的参数设置里面填入已创建好的参照工序集（即返工发生的时候插入的工序）： 如下，这是参照工序集已设置好的返工工序： 为物料创建工单并下达，工单包含4个工序，其中0020工序已设置触发点。

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StackSource

SEPTEMBER 7, 2023

CEO Tim Milazzo and Director of Capital Markets Huber Bongolan recently went live to share a comprehensive update on the current state of commercial real estate capital markets.

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SAP Credit Management

SEPTEMBER 7, 2023

Learn about the great enhancements for our Partners in SAP for Me. User Authorizations You may have noticed that Partner user authorizations have changed in SAP since August. The changes have also been replicated in SAP for Me. Learn more about the changes: What’s New | Contact and User Management Updates Learn about the updated authorization requirements in SAP for Me: What permissions do you need for SAP for Me for Partners?

Dashboards 174

Dashboards 174

Biz2X

SEPTEMBER 7, 2023

Reading Time: 3 minutes From the CEO’s Desk is a new feature article series on the  Biz2X business lending platform blog. Once a month our CEO, Rohit Arora, shares insights into different industry trends and more. In the past, large banks have been hesitant to do SBA lending.   It’s time for that to change.  As SBA is digitizing their workflows and approval processes, they are becoming more attractive and practical for big banks to work with.

Transactions 52

Transactions Small Businesses 52

SAP Credit Management

SEPTEMBER 7, 2023

Background: This blog pertains to troubleshooting errors in newer releases of SAP S4 HANA. During a migration project in a group of companies, I have encountered an error suggesting “No Commitment Ledger Found in System” (Message No. FINS_PRED089). This is migration from SAP S4 HANA 1809 to 2022 and the error triggers while we are generating commitments either through PR or PO taking Account Assignment Category K – Cost Center.

Transactions 172

Transactions 172

Biz2X

SEPTEMBER 7, 2023

From the CEO’s Desk is a new feature article series on the  Biz2X business lending platform blog. Once a month our CEO, Rohit Arora, shares insights into different industry trends and more. In the past, large banks have been hesitant to do SBA lending.   It’s time for that to change.  As SBA is digitizing their workflows and approval processes, they are becoming more attractive and practical for big banks to work with.

Transactions 52

Transactions Small Businesses 52

SAP Credit Management

SEPTEMBER 7, 2023

In today’s dynamic business landscape, the pursuit of innovation and efficiency is relentless. While technologies like AI (e.g., Large Process Models: Business Process Management in the Age of Generative AI ) may grab the headlines, it’s imperative to recognize that process modeling remains the unassuming hero in the background, silently driving process transformation.

Process Mining 171

Process Mining Transactions 171

StackSource

SEPTEMBER 7, 2023

CEO Tim Milazzo discusses the significance of time as the scarcest resource in real estate investment and emphasizes the need to design a holistic business system to achieve investment goals, with data, underwriting, and relationships playing key roles.

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SAP Credit Management

SEPTEMBER 7, 2023

With the transition from SAP Jam to SAP Build Workzone , I have had the opportunity not only to become more familiar with the technical aspects of this solution, but also, due to my work as Community Lead for our Procurement Solution Advisors, given me an opportunity to (re) formulate what an online community is, why it is important to create/have one, to evaluate how to run a successful online community, as well looking at which tools to use and which skills you need as a Community Lead.

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TMC Financing

SEPTEMBER 7, 2023

Kilowatt Events, Inc., a specialized event production company, has successfully transitioned from leasing to owning by utilizing the Small Business Administration’s (SBA) 504 Program. The company acquired a 6,000-square-foot facility. The post A Milestone Move: Kilowatt Events Acquires Facility through SBA 504 Financing appeared first on TMC Financing.

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Small Businesses 52