Archive for January, 2015

SAP Ranked a Leader in the Analytics Market by Nucleus Research

January 19th, 2015

WALLDORF — SAP SE was recognized by independent analyst firm Nucleus Research in the Technology Value Matrix Second Half 2014 Analytics report*. The report evaluates all participating vendors’ ability to deliver value based on usability and functionality. As noted in the report, the product strategy of SAP Business Objects business intelligence (BI) solutions is focused on providing a strong user experience, advanced functionality for analytics and scalable, flexible solutions. SAP was also ranked a leader in the Nucleus Research Technology Value Matrix First Half 2014 Analytics report** published in May 2014.

“With SAP Business Objects BI solutions, SAP emerged in the leader’s quadrant of the Nucleus Value Matrix for Analytics in the first half of this year and continues to move up toward the industry lead in the second half,” said Ian Campbell, CEO of Nucleus Research. “Through a combination of great usability and strong functionality, SAP continues to deliver value for its customers.”
The evaluation is based on user feedback on increased visibility, enhanced data consolidation and interaction capabilities, and the strength and flexibility of dash boarding capabilities from SAP. Users claimed these were key values gained with the use of SAP Business Objects BI solutions. The report highlights recent innovations in analytics, including SAP Lumira software for easy-to-use data discovery and visualization capabilities and the SAP Infinite Insight solution, which provides automated data preparation and predictive modelling to allow users to rapidly build predictive analysis models.
“A large part of the success of SAP Business Objects BI solutions has been the comprehensiveness of the portfolio, covering reporting, dashboards, discovery and analysis, said Jayne Landry, global vice president and general manager, Business Intelligence, SAP. “The BI portfolio from SAP addresses the needs of BI administrators, designers, developers, analysts and a wide variety of end users and offers solutions for organizations large and small. It’s a portfolio that has grown and evolved over time through organic development and strategic acquisition.

SAP Simplifies Cloud Adoption with New SAP Best Practices Packages for Success Factors HCM Suite

January 19th, 2015

WALLDORF — SAP SE today announced new SAP Best Practices packages that simplify deployments of Success Factors HCM Suite to further its commitment to simplifying customer journeys into the cloud.
Customers can now accelerate their cloud projects as they take advantage of pre-conceived business scenarios. SAP Best Practices are based on pre-configured content for cloud solutions from SAP, such as solutions from SAP companies Success Factors and Ariba or the SAP Cloud for Customer solution. They complement other SAP Best Practices for on premise solutions both being incorporated into SAP’s new learning format, the open SAP platform, and packaged into SAP Rapid Deployment solutions, which simplify the customer experience of deploying new enterprise solutions and onboarding to the cloud with dramatically accelerated time to value at a reduced cost.
Companies are recognizing the high value of cloud solutions for their human resources (HR) processes, and appreciate the scalability and built-in innovations of Success Factors solutions. However, many struggle to integrate their existing HR systems with the cloud, require support in on-boarding to the cloud, or in transitioning from on premise installations into the cloud.
SAP Best Practices and SAP Rapid Deployment solutions help customers transition into the cloud with hybrid integration scenarios to retain the value of prior investments on premise while expanding and innovating in the cloud. They help with new cloud deployments and support data migration to the cloud.
The newly introduced SAP Best Practices for Success Factors Compensation and SAP Best Practices for Success Factors Recruiting in SAP ERP HCM packages have been employed to help customers implement hybrid scenarios quickly, simply and with mitigated risk while SAP Best Practices for Success Factors Employee Central deploys a full cloud scenario.
SAP leveraged its human capital management (HCM) expertise in packaging pre-configured content into SAP Best Practices for Success Factors Compensation. It enables customers to implement compensation management processes in a hybrid HR environment, without disruption. With this hybrid cloud scenario customers can perform monetary and equity compensation planning in the cloud with employee data from their HCM system on premise.
SAP Best Practices for Success Factors Employee Central is specifically packaged for HR business execution in the cloud allowing customers to accelerate deployments of core HR processes.
SAP Best Practices for Success Factors Recruiting in SAP ERP HCM helps to extend core capabilities with recruitment processes in Success Factors solutions.
“The shift to cloud from on premise continues to progress. Many customers express a need for hybrid scenarios,” said Elvira Wallis, senior vice president, Solution and Knowledge Packaging, SAP. “By integrating Success Factors HCM Suite, SAP Best Practices and rapid-deployment solutions capabilities, we are able to provide our customers with a flexible set of solutions for their hybrid business processes that is time efficient and easy to use.”

SAP Plans Assortment Planning Tool for the Connected Retailer

January 19th, 2015

NEW YORK — In the age of the empowered consumer, shoppers have higher expectations of retailers, and require fresh, compelling assortments to stay engaged and loyal.
To help retailers meet these challenges, SAP SE today announced plans to launch the SAP Assortment Planning for Retail application, which is envisioned to enable retailers to optimally cluster stores using attributes then select and plan items per store cluster in order to maximize sales and profit. The announcement was made at the NRF 104th Annual Convention and EXPO, being held January 11-12 at the Javits Convention Center in New York City.
Given financial and space constraints, retailers must periodically decide the right product breadth and depth for a given period of time for each location. Retailers need the right tools to arrive at the right balance. Combining art and science, planners need to align purchase budgets with assortment plans. SAP Assortment Planning for Retail is envisioned to take advantage of the SAP HANA platform, a real-time platform for next-generation applications and analytics, to rapidly determine optimal location clusters and speed up the assortment planning process. SAP Assortment Planning for Retail intends to also leverage the SAP Fiori user experience, providing a simpler and more efficient user experience, and is planned to be built on the SAP Customer Activity Repository application, which collects customer activity, sales and inventory data in one place.
Planned key features of SAP Assortment Planning for Retail:
Planning of assortments, sales and purchase quantities by product group and location cluster
Application of attributes, metrics and clustering techniques to group locations
The ability to balance assortment width and depth with option planning
The use of sales history to suggest assortment lists and reference “like” product performance to introduce new products
Simplified new product planning using placeholder products
The ability to leverage the flexible planning engine to tailor metrics, plan unlimited versions and manage the calculation sequence using rules of precedence
“Retailers often struggle with planning large assortments manually with just spreadsheets, a lack of integrated business processes and the rapid changes in the marketplace,” said Lori Mitchell-Keller, senior vice president of Global Retail Industry Business Unit, SAP. “The development of SAP Assortment Planning for Retail is envisioned to allow retailers to simplify this business process and leap-frog their competition as they take advantage of this next-generation planning solution.”

SAP and Amazon Web Services Working Together to Deliver Secure, Enterprise Cloud Solutions

January 19th, 2015

2014 was a big year for cloud, and another year of milestones for our relationship with Amazon Web Services (AWS).
AWS is a certified SAP global technology partner, a status that places AWS among SAP’s most important partners. SAP is committed to working with AWS to offer enterprises a number of solutions for migrating and deploying their enterprise applications on the AWS Cloud. Enterprise Customers can launch entire software stacks from SAP certified to run in full production on the AWS Cloud. SAP is a long-time user of AWS for internal infrastructure needs and is planning to expand the use of AWS in the future.
AWS is the one of the first public cloud providers to receive SAP HANA certification, including running SAP HANA production instances for specified instance sizes. Our joint customers are seeing significant benefits from deploying on AWS. For example, The Kellogg Company estimates that it will save close to a million dollars in software, hardware, and maintenance over the next 5 years, just by using AWS in its test and development environments. By using AWS, the company is also able to be more agile. Instead of having to wait 30 days to make changes to its trade spend analysis system, the company can spin up instances immediately to perform the necessary data simulations (or calculations).
“The speed and agility that using AWS gives us lets us develop and deliver business services much more quickly than before, so that we can keep one step ahead of the market. Our staff can deploy instances 90 percent faster than with our previous on-premises solution,” says Stover McIlwain, Senior Director of IT Infrastructure Engineering at Kellogg. “The AWS Cloud drives a lot of business benefits for Kellogg.”
SAP recently announced the availability of SAP Business One powered by SAP HANA on AWS. This announcement expanded our ongoing partnership with AWS to enable our small and midsize enterprise (SME) customers to garner the same benefits that our large enterprise customers already achieve by running on AWS. Thousands of SAP customers get the flexibility to rapidly deploy SAP solutions in full production on the scalable, secure, on-demand AWS Cloud, without the need for making long-term commitments or costly capital expenditures for underlying infrastructure. SAP customers can deploy fully certified solutions and localize their data across any and all of the 11 AWS regions including: US East, US West (California), US West (Oregon), GovCloud (US), Brazil, Europe (Dublin), Europe (Germany), Japan, Singapore, Australia and China. Moving forward in 2015 SAP will strive to broaden and deepen its collaboration with AWS to offer customers options and convenience when deploying and supporting SAP solutions in the cloud.
SAP and AWS both represent companies that value innovation for their customers. In 2015 and beyond we look forward to further developing innovations in the cloud with AWS to continue to offer the benefits of AWS to SAP customers who include many of the largest and most sophisticated enterprises in the world. Helping businesses run simple is our mission and AWS offers a flexible, choice-driven model where customers can select the best option for them when it comes to deploying our solutions. As a pioneer in cloud computing, AWS has a proven model that provides the combination of low cost – along with stability, reliability and security that is certified and available to our customers.
Source SAP News

SAP Accounting powered by SAP HANA – Moving controlling and finance closer together

January 14th, 2015

New users have traditionally struggled to understand the way SAP separates Financial Accounting and Management Accounting where most legacy systems see the two as one. While it’s easy enough to understand how a payroll account flows from the profit and loss statement into cost center accounting because the account information stays the same, the situation becomes more challenging as a revenue account flows into profitability analysis and is transformed into a value field, or a cost of goods sold account becomes multiple value fields depending on the cost components involved. In its latest product release, SAP is bringing the two worlds closer together. In this session we’ll look at how SAP is addressing these issues with its new product SAP Accounting powered by SAP HANA, part of SAP Simple Finance. This presentation will delve into how the requirements for internal and external reporting are converging and how this convergence impacts SAP Controlling.
This session will cover:
*Changes to report revenue and cost of goods sold by the CO-PA dimensions and how break out the cost of goods sold into multiple accounts
*How overhead is captured and allocated either from cost centers to CO-PA dimensions (assessment) or from high-level to lower-level CO-PA dimensions (top-down distribution)
*The underlying architecture and how FI and CO line items are linked.
*New reports that visualize the transformation of expense into cost of goods sold, work in process, and assets under construction
*How the period close process has been accelerated in SAP Controlling
Get a sneak peak at the first planning applications that allow you to plan costs according to the new paradigm of SAP Simple Finance, where the account is the leading dimension for all accounting activities.

courtesy: SLIDESHARE.NET

SOURCE: http://www.slideshare.net/johnj777/sap-accounting-powered-by-sap-hana-moving-controlling-and-finance-closer-together?qid=c6f66643-a2ab-463f-ae0b-c958929d8b02&v=default&b=&from_search=1