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During my career advising finance organizations on their transformation programs, the CFO’s role has evolved. Traditionally the job was to protect the assets of the company and meet statutory reporting and compliance requirements.

Master data, which forms the core data of an enterprise, lays the foundation for the smooth running of business processes and data driven decision making. Examples of master data could be Product information, supplier information, employee information etc. that are referenced in business transactions.

The digital age is driving more businesses to adopt accounts payable automation into their operations. Nowadays, such a tool is no longer a luxury but a need, especially to remain relevant and competitive in the market.

In retrospection, there are a lot of costs involved in Accounts Payable processing. Despite a few, many of them won't be visible on a standard cost estimate. According to a study by APQC, the average cost to process an invoice varies.

We are all well versed in the types of CDS Views used in SAP HANA. However, they are still evolving and adapting to the latest technology provided by HANA. This article focuses on an analytical angle of the CDS Views.

SAP S/4HANA, SAP's latest ERP solution has been instrumental in powering digital transformation across industries with the potential to catapult firms into the digital future. However, switching to a new ERP system is not a simple undertaking.

Despite its advanced features and capabilities, implementing SAP S/4HANA is quite often complicated and time-consuming. One of the primary challenges is the difficulty in mapping the solution capabilities to business objectives.

Large enterprises have complex requirements when it comes to financial processes and departments handling accounts payable (AP) work are mostly labour and paper intensive. Such complicated finance operations leave plenty of room for discrepancies accompanied by serious consequences.