On September 26th, Paluma hosted a Webinar on SAP
Profitability and Performance Management (SAP PAPM). In this Webinar, key features of this solution were presented. We also showed a live product demonstration.

SAP PAPM is a powerful tool to build flexible, fast and tailorable performance management and profitability models. SAP PAPM is built on SAP HANA and empowers teams and decision-makers with clear insights on how the business runs and is being fed. By using your existing SAP and/or non SAP data, it allows to understand, control and manage cost drivers and how value is generated and can be optimized.

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On September 19th, Paluma hosted a Webinar on SAP Analytics Cloud (SAC). In this Webinar, key features of this  solution were presented. We also showed a live product demonstration.

SAC unifies BI, Planning and predictive analytics. This means that you can discover, analyze, predict, plan and visualize (report) your data in one and the same application. SAC offers live and data import connectivity, to both cloud and on premise applications (SAP and third party). AI-driven insights are delivered to you out of the box and allow you to make confident business decisions faster.

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On September 12th, Paluma hosted a Webinar on SAP S/4 HANA for Group Reporting (Group Reporting). In this Webinar, key features of this consolidation solution were presented. We also showed a live product demonstration.

Group Reporting offers a unique integration for companies running S/4 HANA, but also offers standard functionalities for data import/input from other sources. In addition, the solution has configurable cockpits to guide the users (end-user and consolidation team) with their tasks.

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Gary Simon, a member of the Institute of Chartered Accountants, sees the biggest problem in preparing the financial statements for the fact that differences within the company are often recognized late. Then the different posting logics and valuation approaches in the group become apparent and differences arise, which have to be corrected. However, this is very late in the consolidation process.
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The Real-Time Consolidation module is available in the core S/4 Hana Finance and it makes S/4 Hana transaction available for the consolidation module in real-time. It’s in fact doing much more than that, managing account mapping, data releases, performing validation on source data, …

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With the implementation of S/4 HANA and BPC Optimized, SAP is currently paving the way for Real-Time Consolidation (RTC). What has long been considered a far-away vision is becoming true now with SAP BPC Embedded:  The consolidation of the most up-to-date financial data on a button-click.

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Under the current global economic environment the perception on the quality of the product or service of a company may just be the pure definition of the company’s ability to sustain its business, outperform its competitors, and grow its market. Most definitions on corporate quality focus on intangible factors as the continuous ability to improve its products and services, achieving its purpose, and perform to its shareholders.

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What has long been considered a far-away vision seems to become reality now: The consolidation of the most up-to-date financial data on a button-click. With the implementation of S/4 HANA and BPC Optimized, SAP is currently paving the way for Real-Time Consolidation (RTC). This whitepaper will focus on the functional aspect to make RTC a reality.  

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Many companies are currently at the start of their IFRS16 projects. Some are still evaluating tool alternatives, others are already in the middle of their implementation projects.
Paluma is directly involved in a number of major IFRS16 implementations. In our upcoming online session we will introduce the latest release of SAP Lease Administration by Nakisa, a tool that not only offers a central lease administration plattform, but at the same time integrates directly into the ERP-systems of the company. We will also discuss those factors which, to our experience, can determine the effort and risks involved in an IFRS16 implementation .

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