SAP Credit Management

SEPTEMBER 20, 2023

This blog will explain the S/4HANA-based Oil, Gas and Energy sub-modules now referred to as process components available within n S/4HANA As you may be aware, in the S/4HANA roadmap, the SAP journey for the industry of O&G and energy is moving towards process areas or lines of business instead of ECC-based modules (SD, MM, TSW etc).

Invoice to Cash 179

Invoice to Cash 179

SAP Credit Management

SEPTEMBER 13, 2023

Hi Team, In this blog post, we will explore the distinctions in confirmation processes tailored to specific industries within SAP PP. Purpose: In process industries (e.g., Purpose: In process industries (e.g., –> It is often performed at work centers or production lines.

Transactions 133

Transactions 133

SAP Credit Management

AUGUST 31, 2023

Introduction Currently, there are two different Guided Steps plugins available in SAP Digital Manufacturing: Guided Steps – POD and Guided Steps – Production Process plugins. This prevents them from skipping or missing any crucial steps in the manufacturing process. Guided Steps plugins processes one SFC at a time.

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Default 136

SAP Credit Management

JANUARY 20, 2023

In the computer chip manufacturing industry, businesses often want to upgrade to the latest technology to meet the standards of high-tech end-customers. ConvergentIS implemented SAP Build Process Automation as a solution to their customer’s industry needs.

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SAP Credit Management

AUGUST 7, 2023

Enterprise Resource Planning (ERP) is an essential tool for any manufacturing business that wants to scale up its operations, keep pace with customer demands, maintain its margins and grow both regionally and internationally. However, many smaller and mid-sized manufacturers have historically been hesitant to adopt these kinds of solutions.

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SAP Credit Management

AUGUST 17, 2023

The world’s leading tradeshow for industrial technology, Hannover Messe, brought over 4000 companies worldwide to present their innovations and solutions for a connected and climate-neutral industry. The Factory of the Future , the virtual representation of the Industry 4.0 webpage.

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SAP Credit Management

AUGUST 4, 2023

In today’s fast-paced and customer-centric business environment, manufacturers face the challenge of meeting unique customer demands while ensuring efficient and profitable production processes. This blog will explore how SAP S/4HANA Cloud’s MTO with AVC and embedded analytics revolutionizes the manufacturing industry.

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SAP Credit Management

SEPTEMBER 3, 2023

Physical carbon accounting is a way of assessing direct and indirect carbon emissions from the industrial activity of a firm or country into the Earth’s atmosphere. This company is one of the world’s major manufacturers of software for business process management.

Dashboards 171

Dashboards Transactions 171

SAP Credit Management

SEPTEMBER 20, 2023

Service-based business models have become an important component of the “go-to-market” offering for many high tech and industrial manufacturers. What is interesting is that this business model has crept into many different industries and provides the same opportunities for value: Customers pay a recurring fee for access to a service.

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SAP Credit Management

JANUARY 13, 2023

In today’s global economy with increased global trade, multinational corporations across various industries are rethinking and restructuring their supply chain models to distribute their products in a more efficient and agile way to reduce cost and achieve top and bottom-line growth. This has been a common practice in many industries, esp.

Transactions 170

Transactions Credit Risk 170

SAP Credit Management

AUGUST 29, 2023

With a suite of solutions tailored to industries, SAP allows companies to optimize operations, gain insights, and prepare for the future. These innovations optimize processes across manufacturing, supply chain, finance, marketing, HR, procurement, and more. Apply analytics to optimize manufacturing, logistics, energy use, and more.

Transactions 168

Transactions 168

SAP Credit Management

JANUARY 17, 2023

I’m thrilled to have been invited to attend SAP’s Manufacturing Info Days in our North American headquarters. There will also be information about new technologies and trends in manufacturing. I’m also excited to finally experience the Industry 4.0 I hope to see you there!

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SAP Credit Management

FEBRUARY 10, 2023

SAP Partners – Join us on a technical enablement journey on SAP BTP for Industries over the next 11 months to learn how SAP BTP can help you rapidly and securely to develop and deliver valuable enterprise-grade industry use cases. Each month we will guide you through a new industry use case.

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SAP Credit Management

SEPTEMBER 23, 2023

Attendees were particularly riveted by the real-world applications of Palantir Foundry, showcasing its transformative potential across industries. Highlighting how businesses can tailor features to fit their unique needs, Narasimha’s presentation was a masterclass in optimizing user experience and operational efficiency.

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Your Virtual Credit Manager

OCTOBER 3, 2023

Common factors include industry, geography, sales volume, company revenue, and so on — virtually anything that can be used to differentiate segments of customers. Industry — a prime example of industry impact was the restaurant industry during the Covid pandemic.

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Bad Debt Accounts Receivable (AR) Credit Risk Credit and Collections 130

SAP Credit Management

JULY 9, 2023

And this is not just a mere branding exercise, but part of corporations’ and industries’ strategic priorities. It spans through all stages of a product’s life, including design, manufacturing, distribution, use, and disposal. Manufacturing Phase: Implementing Sustainable Manufacturing Processes.

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SAP Credit Management

SEPTEMBER 6, 2023

Following SAP and Google Cloud’s announcement of an expanded partnership earlier this year and last week at Google Next , the two companies are now joining forces to deliver powerful solutions for the automotive industry.

Transactions 150

Transactions 150

SAP Credit Management

JULY 28, 2023

SAP Industry Cloud is a powerful platform that offers a wide range of benefits to partners looking to take their business to the next level. With SAP Industry Cloud, partners can leverage a suite of cloud-based industry-specific solutions and services that enable them to deliver custom-tailored solutions to their customers.

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SAP Credit Management

JULY 21, 2023

With this data in mind, it becomes evident that a global, systemic approach is necessary to address the environmental impacts of various industries. Digital twins, the virtual representations of physical assets, enable companies to understand the impacts of new materials, manufacturing processes, and field support changes.

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Accounting Department

MARCH 6, 2024

Job costing is a vital tool in the small business owner's kit, especially for those operating in the service industry, construction, and manufacturing.

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Small Businesses 89

SAP Credit Management

AUGUST 10, 2023

Specification management plays a crucial role in manufacturing research and development (R&D) for several reasons: Product Quality and Safety : Detailed and well-defined specifications for raw materials, ingredients, and product formulations are essential for ensuring consistent product quality and safety.

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SAP Credit Management

JULY 24, 2023

Generally, Variant configuration is more used in Manufacturing & automobile industries. It is primarily used in industries where products are highly customizable or have Many configurable options. Here we take the example of manufacturing a car with different component variants.

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Default Transactions 157

SAP Credit Management

DECEMBER 30, 2022

Since Demand and Supply Segmentation (LO-SGT) was made available for every industry within SAP S/4HANA OP, I have experienced an increasing demand from customers of discrete industries and process industries to evaluate and assess the business value as well as the impact on business processes, solution design and change management.

Transactions 179

Transactions 179

SAP Credit Management

AUGUST 16, 2023

As our equipment manufacturing customers start to roll out as-a-service business models, Cumulocity IoT and SAP Asset Performance Management can help ensure the smart equipment/product is always working and optimize the maintenance schedules based on actual usage and health conditions.

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Lendio

OCTOBER 11, 2023

in 2021-2022—the highest years on record—a Lendio study reveals the top industries for starting a business. experiences this small business boom, Lendio analyzed which industries are most likely to grow and succeed in the next decade, helping to answer the question: What industry should new entrepreneurs explore? As the U.S.

Small Businesses 98

Small Businesses 98

SAP Credit Management

JANUARY 25, 2023

SAP S/4HANA Cloud is a cloud-based enterprise resource planning (ERP) system that provides a suite of integrated and end-to-end business applications for various industries, including sales, procurement, manufacturing, transportation, and integration with other cloud systems such as Ariba, DMC, etc.

Dashboards 150

Dashboards Order to Cash 150

Loomis Sayles Credit Research

OCTOBER 24, 2023

An uneven economy The CANDIs’ recent readings show a disconnect between manufacturing and services companies. Manufacturing, which was the weakest area of the economy in the CANDIs’ early 2023 readings, has broadly improved since then. The difference is particularly stark when it comes to supply costs.

Credit Risk 67

Credit Risk 67

SAP Credit Management

SEPTEMBER 1, 2023

Here are some of the key challenges retailers and manufacturers face during this time: Demand volatility The back-to-school season is characterized by unpredictable demand. As with the bus driver challenges, there is also a driver shortage in the logistics industry. Logistics and transport Timely delivery of products is critical.

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SAP Credit Management

JANUARY 31, 2023

Figure 1: aATP Process Flow S/4HANA aATP Functional Overview As you all know aATP functionalities are divided into 3 categories ,as highlighted in the below picture Supply Creation-Based Confirmation (SBC) is part of Industry Focus solutions which is highly demanded in “Milling & Mining / IM&C” industries.

Transactions 145

Transactions 145

SAP Credit Management

SEPTEMBER 19, 2023

Built on solid ground – a quick before and after The traditional SAP billing process in Sales and Distribution (SD), which involves posting to Accounts Receivables (FI-AR), was originally designed to handle complex B2B sales in industries, like manufacturing.

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Transactions 193

SAP Credit Management

JANUARY 12, 2023

So, to make some forward looking predictions this year, I decided to reach out to some of my friends in the industry to get their point of views. Almost 90% of the executives we surveyed told us their organizations are planning direct investment in onshoring or nearshoring manufacturing. A few common themes emerged.

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Cybersecurity 211

SAP Credit Management

JULY 19, 2023

Cloud ERP for Product-Centric Companies Product-centric organizations physically manufacture, sell and/or distribute products. Today we cover multiple lines of business such as finance, manufacturing, and supply chain, and key technology topics like Master Data Management, extensibility, SAP User Experience, and upgrade management.

Order to Cash 145

Order to Cash 145

SAP Credit Management

JULY 28, 2023

The subcontracting process is generally used in most of manufacturing industries. Many a times, more than one subcontractor is used for manufacturing at different levels of BOM. In the subcontracting process, raw materials are provided to subcontracting vendor.

Transactions 140

Transactions 140

SAP Credit Management

JULY 21, 2023

It offers robust functionality across various areas, including financial management, customer relationship management (CRM), distribution, manufacturing, and more. Acumatica is highly customizable and can adapt to the unique needs of businesses across different industries.

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SAP Credit Management

SEPTEMBER 8, 2023

SBoM The term Bill of Material (BoM) originates from the manufacturing industry. The BoM is a list of raw materials included in manufacturing a product. In its simplest form, the Software Bill of Material or SBoM is defined as a list of third party or open sourced components used in the software.

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Cybersecurity 134

Abrigo

JANUARY 17, 2024

Takeaway 3 Partnering with nonprofits, supporting ethical and sustainable manufacturing, and offering second-chance banking to trafficking victims can make a difference. Yet these funds add up to a billion-dollar industry. But there are numerous red flags AML professionals can spot to help identify human trafficking.

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Nonprofit Organizations Credit Unions Transactions Credit Risk 103

SAP Credit Management

SEPTEMBER 14, 2023

Another industrial manufacturing client use SAP Build Process Automation to clear down their Work in Progress queue routinely and run re-valuations delivering near real-time visibility of working capital. How do you plan to use SAP Build in the future?

Transactions 200

Transactions 200