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insiderPROFILES Magazine

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FROM THE LATEST ISSUES OF insiderPROFILES

Rockport thumbnail
The Rockport Group Walks Tall in the Cloud

The Rockport Group has long been focused on helping its customers find the right fit – and when the business was sold and subsequently set up as an independent company, it needed to find a good fit for itself. The organization began looking for a way to stand up its ... MORE »

Asset management planning article
Take Asset Management Planning to the Next Level

The requirements of ISO 55000 are growing increasingly important for organizations whose health depends on the health of their assets. They’re recognizing more and more that asset management is not just about keeping up with asset maintenance; rather, it’s about balancing cost, risk, and performance in order to tie asset ... MORE »

Kraft Heinz case study
The Kraft Heinz Company Unlocks Recipe for Strategic Business Insight

When the merger between Kraft Foods and Heinz was finalized in July 2015, the resulting Kraft Heinz Company became the fifth-largest food and beverage company in the world — and the volumes of data that the newly merged company had to manage were as expansive as the organization itself. Learn ... 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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