SAP Credit Management

SEPTEMBER 24, 2023

Each month ill be reviewing research papers, articles and white papers written about procurement and external workforce, summarising them and identifying key takeaways. Spend analysis you may recall was the primary driver of digitisation in procurement as identified by Economist Impact study, so the topic is very relevant.

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SAP Credit Management

DECEMBER 20, 2022

I regularly hear some variation of the following question from prospective customers: We have an ERP system to manage our purchasing process; why do we need a procure-to-pay solution? For procurement practitioners, an ERP screen is probably the first thing they open every morning and the last one they close each night.

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SAP Credit Management

AUGUST 6, 2023

Introduction: In today’s fast-paced business landscape, managing procurement processes with precision is paramount to an organization’s success. SAP, being a leading ERP system, offers robust solutions for efficient procurement management, including Purchase Orders (PO’s).

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Transactions 144

SAP Credit Management

FEBRUARY 2, 2023

Let me take a moment to introduce myself, my name is Angeline Gregory and I am a Procurement Adoption Director covering EMEA. It has been a wonderful experience in every aspect of the role! Hello readers, I hope you enjoy reading my first blog! I can bring in my experiences to really help customers achieve business outcomes.

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SAP Credit Management

AUGUST 10, 2023

Procurement : Procurement Type : The “Procurement Type” is a critical field that determines how a material is procured during the production planning process. External Procurement: The “External Procurement” procurement type indicates that the material is purchased from external suppliers.

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SAP Credit Management

JULY 19, 2023

Some of the questions that Axel touches on: What is product management’s role in the cloud transformation? We are going to look at some basics before I have the pleasure to share the interview with SAP’s new Product Management Lead for Product-Centric Cloud ERP, Axel Herrmann. What does Grow with SAP actually mean for customers?

Order to Cash 145

Order to Cash 145

SAP Credit Management

JULY 27, 2023

In this blog post, you can find the latest collection of new capabilities and features in Central Procurement for SAP S/4HANA Cloud 2308. This is a brief overview of the new features available in Central Procurement for SAP S/4HANA Cloud 2308. Click here for a recap of SAP S/4HANA Cloud 2302 release highlights.

Transactions 103

Transactions 103

SAP Credit Management

AUGUST 23, 2023

This entails reevaluating everything from procurement to manufacturing, distribution, and customer engagement. The Role of Digital Technology Digital technology plays a pivotal role in the Circular Economy. The Role of Digital Technology Digital technology plays a pivotal role in the Circular Economy.

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Credit and Collections 142

SAP Credit Management

AUGUST 11, 2023

They often need to traverse through many systems like HR, finance, and procurement, to get work done. Do you feel like your recruiting process could use some improvement? How about your employees’ experience?

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SAP Credit Management

SEPTEMBER 5, 2023

For BTP development, you need to procure separate BTP license (details here ). Systems and Provisioning in – SAP for Me Technical Admin user already has the SAP_BR_ADMINISTRATOR role assigned to it. If you still need to have the demo data, only option is to terminate the current subscription & procure a new one.

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Transactions 151

SAP Credit Management

AUGUST 14, 2023

Figure 45: Space Assignment to business role SAP_BR_TRANSP_BUYER The end-user view looks like this: Figure 46: End-user Page for Space Transportation Procurement view Watch the Replays of Our SAP S/4HANA Cloud, Public Edition 2308 Early Release Series!

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Default 156

SAP Credit Management

AUGUST 23, 2023

Keynote Address by Sindhu Gangadharan : Igniting Transformation with SAP’s Vision The event kickstarted with a captivating keynote address that delved into SAP’s vision for the future and its pivotal role in driving digital transformation across industries.

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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

AUGUST 15, 2023

There can be 3 types of workers – Contingent workers (external consultants/independent contractors/ freelancers), statement of work (SOW) workers, and profile workers (security staff/cafeteria staff/cleaning staff). Profile workers are created in SAP fieldglass only for tracking and compliance purposes.

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Dashboards 130

SAP Credit Management

JULY 21, 2023

Defining Personas: We identified and defined various persona roles relevant to the challenge. Persona Mapping: We conducted mapping exercises for key roles such as CFOs, small business owners, suppliers, issuers, procurement officers, and more. What does your organization do, and how does your role fit within it?

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Credit and Collections Small Businesses 159

SAP Credit Management

DECEMBER 29, 2022

SAP provides many such adaptable scenarios in procurement, Settlement Management, Sales etc. Be sure to complete the following prerequisites before moving on to this step: You have assigned the SAP_BR_ADMINISTRATOR role to your user ID in the development system. I’ve provided a sample example for your use.

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NorthOne

AUGUST 24, 2023

It plays a critical role in construction operations, with project managers functioning as the connecting link between various parties involved in projects. The role of CPM is to ensure that the project proceeds within the contractual terms that have been agreed upon, which can include budget, timescale, and quality aspects.

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SAP Credit Management

JANUARY 4, 2023

You never went to any institute to learn SAP, and yet became a top expert in Sales & Distribution (SD) and Supply Chain Management leading to your current role at an expert SAP SD Solution Architect. In this role, how do you engage with Community members? What triggered this major career shift?

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SAP Credit Management

SEPTEMBER 15, 2023

Many SAP customers have already started their low-code journey, and some of them are extending SAP S/4HANA with low-code applications and automations that increase their agility and efficiency, be it in finance, procurement, manufacturing etc. The robustness of these models depends on your unique business context.

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SAP Credit Management

AUGUST 21, 2023

The authorization object B_BUP_DCPD has been assigned to the business role SAP_BR_BPC_EXPERT. The authorization object B_BUP_DCPD has been assigned to the business roles SAP_BR_PURCHASER and SAP_BR_EMPLOYEE_PROCUREMENT. Please recheck the business catalogs that are assigned to your business roles and make the relevant settings.

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Your Virtual Credit Manager

FEBRUARY 27, 2024

[Photo by AJ Yorio on Unsplash ] While prudent credit decisions are made to safeguard a company’s financial interests, they can sometimes be perceived negatively by sales representatives whose commissions may be impacted, or by procurement and production personnel who are driven by their own set of metrics and incentives.

Accounts Receivable (AR) 130

Accounts Receivable (AR) Bad Debt Days Sales Outstanding Credit and Collections 130

The Esker Blog

APRIL 11, 2023

This is where eSourcing plays a critical role, encouraging more and more individuals to switch to this method and away from email. It enables procurement and sales teams to accelerate and streamline the full lifecycle of the sourcing process. Previously, negotiating the price and terms of an agreement was a time-consuming process.

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Transactions 52

SAP Credit Management

AUGUST 24, 2023

It also offers reduced deployment time with out-of-the-box Customer Deployment, reduced maintenance costs and role-based management of synchronization. Now, with the August release, we are continuing this path, delivering a new accelerator for another strategic process in SAP Ariba which is procure-to-pay.

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Process Mining Dashboards Default 155

SAP Credit Management

SEPTEMBER 7, 2023

With the upgrade to the S/4HANA the New Output Management (OM) with the usage of BRF+ was introduced to the Inventory Management area in Procurement (Materials Management). This means that if the output is not triggered after a goods movement post, new types of check and troubleshooting need to be made in order to fix the issue.

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Default Transactions 170

Lendio

DECEMBER 7, 2023

By doing so, they save not only on costs but also streamline their procurement processes, allowing them to focus more on their primary goal: providing quality healthcare. Efficient procurement. Another significant advantage of joining a GPO is the efficiency it brings to procurement processes. How do GPOs work?

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Current Receivables 52

Collenda

JUNE 6, 2023

His experience spans management, sales and marketing roles across Australia and the Asia Pacific. Justin will work alongside the current management team to maximise growth opportunities locally as well as execute strategic objectives from a global perspective.

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Credit and Collections 52

SAP Credit Management

JULY 27, 2023

Quick Access to User Settings Under Settings , you can now quickly check your role and logon language at a glance. This process is now streamlined so that you can easily assign deployment targets with fewer clicks. What’s more, a new theme is available. We’ve simplified this and combined the tiles into one activity.

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Abrigo

DECEMBER 14, 2023

Then, relay timelines and milestone dates to all staff members with a role in CRE. A banking intelligence system can provide dashboards that are based on roles within the financial institution, paving the way for better decision-making. Introduce your plans to them first. Finally, King warns against siloing your goals.

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Credit Risk Dashboards Credit and Collections CECL 88

SAP Credit Management

JULY 28, 2023

For example, an Ariba Purchase Requisition will be created to automate the equipment procurement. Automatically create an Ariba Purchase Requisition: Once the process in SAP Build Process Automation is started by an event, different tasks will automatically be triggered.

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Shared Service 149

SAP Credit Management

JULY 11, 2023

I also hope that in the thick of the information covered in part 1, one important detail/object name did not go unnoticed, and that, is the Business Role(s) – that are assigned to the business user(s). How will this influence our business roles design? What is a business role going to represent to you? Before the implementation.

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Transactions Dashboards 102

SAP Credit Management

AUGUST 15, 2023

Similar to in SAP on-premise access management, Authorization Object and Role are still relevant in ABAP for Cloud development. The big difference is that User Profiles is not used anymore and instead, IAM App and Business Catalog are used to map Authorization Object and Business Role. <lw_xzcd_test>-role = 'Developer'.

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SAP Credit Management

JANUARY 25, 2023

Sales In sales, we enable you to configure role-based access to price and cost details in sales orders. The system controls the access based on your configuration of access levels and your settings for any role that has the business catalog Sales – Sales Order Processing (SAP_SD_BC_SO_PROC_MC) assigned.

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Revenue Recognition Credit and Collections Transactions 158

SAP Credit Management

JANUARY 25, 2023

Catalogs would help customers to reduce their tail spend made through ad hoc purchases, reduce procurement risks and tackle poor performance of suppliers. Catalogs are generally maintained for categories such as MRO, IT hardware, R&D equipment, software licenses, office supplies, contracted cleaning and security services.

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Dashboards Default 186

Grit

JUNE 5, 2023

For example, a sudden increase in backorders for a specific product may indicate unexpectedly high demand, prompting companies to adjust their production and procurement strategies accordingly. Demand Trends and Backorder Rate Demand trends play a vital role in business planning and forecasting.

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The Esker Blog

APRIL 18, 2023

Suppose you don’t have an e-commerce presence or allow B2B customers to easily place and track orders directly from your website or their procurement application. Supply chains play a massive role in customer satisfaction as it impacts the things that matter to customers: availability, price and delivery times.

Transactions 59

Transactions 59

Eagle Business Credit

MAY 2, 2024

Working capital management plays a pivotal role in ensuring the financial health and success of a company. This preemptive strategy ensures that you have immediate access to cash without the delays of procuring a loan under pressure.

Days Sales Outstanding 52

Days Sales Outstanding Credit and Collections Bad Debt DSO 52

Emagia

JANUARY 22, 2023

CFOs have been transforming themselves, beyond finance and accounting operations, to strategic roles with the mandate to meet the rapidly evolving and changing expectations of customers, vendors, investors, employees, competitors, and the Board, while also navigating the financial, economic, regulatory, and social challenges.

Days Sales Outstanding 52

Days Sales Outstanding AR Automation Order to Cash DSO 52