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insiderPROFILES Magazine

How business and IT leaders
innovate with SAP solutions

FROM THE LATEST ISSUES OF insiderPROFILES

Tate & Lyle case study
How Tate & Lyle "Makes Food Extraordinary" with Improved Finance Functions

Tate & Lyle, a global provider of specialty food ingredients and solutions, relied heavily on manual, spreadsheet-based processes to manage its account reconciliations. With locations in the Americas, Europe, the Middle East, and Africa, regional reconciliations were an unwieldy exercise that often tied up the finance team in administrative tasks ... MORE »

Dell analytics story
Dell and the Agile Data Mart

Businesses of all sizes are feeling pressure from the ever-increasing data volumes they’re expected to handle. The growth in data often leads to “analysis paralysis” – the inability for organizations to determine just what data to trust or how to act on it. This was a prominent challenge at Dell, ... MORE »

doTERRA
doTERRA Brings the Power of Nature to the World at a Rapid Pace

Since its founding in 2008, doTERRA has grown exponentially, providing essential oils and other health products to millions of customers in more than 100 countries around the world. The company initially used third-party IT solutions for its day-to-day operations but, as it expanded, decided to build more scalable, internally-managed systems. ... MORE »

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Latest Industry Experts Insights

Clearing Open Items in SAP Systems: Best Practices for Reconciliation and Automation

by Michael Gilmartin and Stephen Wolfman

In many finance departments, open items can pile up in the system, slowing down operations with an overabundance of unmatched transactions. These open items need to be matched and cleared as quickly as possible, but for large organizations, that can be a time-consuming and inefficient task. During a recent SAPinsider Live Q&A, this issue was tackled by BlackLine’s Michael Gilmartin, Director of Solutions Consulting, and Stephen Wolfman, Director of Product Management. These experts fielded attendees’ questions on open-item management, automation for open-item clearing, and solutions for simplifying that process. Below is an abridged transcript of the conversation. The full transcript is available on SAPinsider Online at bit.ly/ClearingOpenItems.

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Why SAP Needs to Build a Bigger Buzz for SAP HANA Cloud Platform

by Joshua Greenbaum

When it comes to technology, SAP has more than delivered with the SAP HANA Cloud Platform. But when it comes to excitement among the developer community, SAP HANA Cloud Platform is lacking. In this article, columnist Joshua Greenbaum explores why this is and discusses the importance of creating organic buzz in today’s developer community.  

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Leverage Automation and Simplification for Better Journal Entry Transparency

by Brian Shannon and Vishal Awasthi

While digital transformation has been a revolutionizing force for many aspects of the organization, this isn’t always the case for the journal entry process. Routings and approvals are still often handled manually through emails, spreadsheets, and physical signatures, which can cause delays and a lack of transparency into financial close processes. And when it is time for an audit, the finance team must scramble to find all the missing pieces to the journal entry puzzle.

During a recent SAPinsider Online Q&A session, Dolphin’s Chief Strategy Officer Brian Shannon and Chief Technology Officer Vishal Awasthi answered live questions from attendees on the journal entry process, including best practices for achieving a single view across the enterprise, opportunities for simplification and automation, tips for efficient compliance and reporting, and how the Dolphin Journal Entry solution can help organizations achieve a faster, more secure financial close. The following is an abridged version of the questions answered by Brian and Vishal during the Q&A session. The full transcript is available on SAPinsider Online at bit.ly/DolphinQandA.

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