Have you ever been sitting in an interminable negotiation meeting thinking “There must be a better way”? Companies are constantly seeking to improve efficiency in every aspect of their business but they often overlook the contracting process. Negotiating time has a real cost for a company (the salary cost of personnel devoted to the negotiation, …
Doing things the old-fashioned way isn’t just slow, inefficient, and annoying. It’s harmful to your business. While money may be the blood of a company, contracts are definitely its bones: they are the structure that keeps it alive so that the money can flow through. A company’s greatest sources of value – its relationships and …
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Negotiating a Contract is often a major challenge in the area of Procurement, because of the complexity of the contract documentation, different stakeholders which need to be involved within the process and the duration when this needs to be executed, often in a 2 week time span. As a Service & IT Procurement Specialist I …
In the modern age, technology is the essential concern of every organization. The business focuses on adopting new technologies which reduce their cost, human resources, and time. Robot replaces workforce, Laptop/Ipad replaces papers, and in short, Technologies replacing everything day by day. The sector is changing due to new technologies and innovations in the banking …
We are currently and indisputably in the midst of a payment revolution. E-commerce continues to grow, and we’re expecting online payments to continue to increase at a compound annual growth rate of 25 percentage points in the MEA (Middle East and Africa) market from this year until 2025, while mobile payments are expected to increase …
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Payments to suppliers are a major part of the procurement-to-pay ecosystem. Implementing electronic payment of your invoices from suppliers provides significant cost saving opportunities but other hidden benefits also flow from this automation Business growth, increased cross-border activities, an increasing supplier base, and business volatility means the increase in the number of transactions and the …
Continue reading “Automation (electronic) Payment to Suppliers …a look at the fundamentals”
SAP Cloud Platform, SAP HANA Enterprise Cloud (HEC), SAP S/4HANA Cloud, SAP HANA Cloud Platform (HCP) and most recently reference to SAP industry cloud. Are all these different SAP cloud services, just new marketing names for the same thing or are they actually very different solutions for different needs? This article is intended to explore …
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There is hardly a blog today that does not refer to the times we live in and the impact it has on us and our work. The pandemic has compelled communities and organisations to treat COVID-19 as a stress test for the future and made us reconsider, rethink, and renew our relationships with our stakeholders …
While SAP continues to deliver innovative products, it’s the broad ecosystem of more than 22,000 partners together with the SAP Services team that helps customers realize business value and achieve tangible return on their investments. While this has always been the case for implementation of SAP applications the opportunity is even greater for partners to …
Logistics processes are now integrated in the core of first major SAP S/4HANA release. Here we look at the benefits in practice. What the Market Wants: Speed, individuality, and innovation: These are the three key demands companies have to meet. Logistics processes must produce products adapted to individual customers’ requirements and deliver them as quickly …
Continue reading “Better SAP Transformation: SAP S/4 HANA and its influence on Logistics”
