SAP RealSpend and SAP Sanctioned-Party List
“The Times They Are a-Changin'” is an iconic song that was written by legendary Bob Dylan and released as the title track of his also legendary 1964 album, “The Times They Are a-Changin'”. In 2004 Rolling Stone ranked it No. 59 in its list of The 500 Greatest Songs of All Time.
Well, some 48 years later change is a constant factor in the conduct of America’s commerce and industrial transactions. Enterprises are rapidly transitioning from keyboards and monitors to smaller, lightweight, “science fiction” devices that have the computing power and storage capacity of 1980s large, vacuum tubed, stand alone units in year-round air conditioned suites. The rapid shift to mobile devices is attributed to their capability to provide users with prompt and relatively low-cost contact with, and manipulation of, data related to the conduct of their businesses. With that in mind SAP has developed the SAP RealSpend and SAP Sanctioned-Party List mobile apps. The announcement was made at the CFO Dimensions Conference, held on September 18 in Chicago.
In this era, monitoring a venture’s budget is of prime importance to many officers and managers of a business entity. Often, whether on a business trip or in their offices, Officers and Managers of an enterprise must be able to have quick access to up-to-date and accurate information, so as to avoid making a mistake. The absence of up-to-the-minute data can deny Officers and/or Managers the ability to make prompt, defensible judgments.
Aaaahhh, do not fear! SAP RealSpend is here to save the day!! SAP RealSpend provides up-to-the-second budget and spend information by means of a self-service, powerful and easy to use mobile app. It delivers meaningful, actionable insights into spend data, which helps managers manage budgets more effectively, spend strategically and identify expense issues quickly.
Managers can:
“¢ Reach employees to discuss spending issues, peruse and/or analyze project requests and, as needed, seek further information on proposals.
“¢ Scour and highlight specific costs and expenses by department, project or expense type over any time period.
“¢ Automatically obtain alerts to identify spending issues and communicate quickly with team members to resolve them.
SAP Sanctioned-Party List is specifically designed to give compliance managers instant mobile access to details of high-priority compliance exceptions. This mobile app allows compliance managers to remediate these issues and prevent business impact anytime, anywhere. It also extends sanctioned-party list beyond the desktop to security guards and visitor sign-in kiosks. Both mobile apps are available for download to iOS devices. To learn more, register for the webcast: “Best Practices for Mobilizing Finance with SAP and Deloitte,” being held October 3, 2012, at 11:00 a.m. EDT.
Cornerstone Consulting is a SAP Business Partner Providing Software Support and Tech Services for SAP Business One
Countless small and midsized businesses rely on Cornerstone to help their organizations achieve and maintain optimal performance levels–in all departments. As we are definitely not “the new kids on the IT block”, you can trust that our level of experience is unparalleled. Since 1983 Cornerstone Consulting has been providing state-of-the-art business software systems, as well as related technical support, to small and midsized manufacturing and wholesale distribution enterprises. With SAP’s ERP system for small businesses and midsized companies, SAP Business One deployed as an On-Premise or On-Demand solution, you can supercharge the performance of your entire enterprise. Let us show you how your business can run better than ever before.
Cornerstone Consulting’s areas of expertise include, but are not limited to:
- SAP Business One ERP
- E-commerce Application
- Mobile Apps
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Would you like your business to run better than ever before? We’d be happy to show you how it can. Call Cornerstone Consulting today at 813-321-1300 and speak with an SAP Business One Consultant.
Source: SAP.com
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