In an increasingly dynamic and regulated financial world, the ability to respond quickly and accurately to change is crucial. SAP Profitability and Performance Management (PaPM) was developed to meet precisely these challenges.
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Financial Services
SAP Sovereign Cloud: Digital Sovereignty for Europe
With the increasing dominance of global hyperscalers in the cloud world, Europe faces a challenge: to remain competitive with innovative cloud and AI solutions – without losing control over critical data or technological sovereignty.
E-invoicing in the banking sector – why e-invoicing is also gaining importance for banks
E-invoicing (electronic invoicing) is gaining increasing importance in almost all industries – and the banking sector is no exception. This article examines the growing significance of e-invoicing in the banking sector, clarifies the relevant legal framework, and demonstrates how implementation can be efficiently managed using SAP Document and Reporting Compliance (DRC).
Financial planning with SAP Analytics Cloud for insurance companies
Cloud solutions are becoming increasingly attractive. They are gradually conquering the market and displacing existing on-premise applications. This is also the case in the financial services sector, where SAP is increasingly positioning its cloud application “SAP Analytics Cloud” (SAC for short) as a central platform for reporting and planning.
Optimised credit processing with SAP BTP: Example of a salary calculator
SAP’s cloud strategy aims to support companies in their digital transformation. A central element of this strategy is the SAP Business Technology Platform (BTP). Even in the financial sector, which is being revolutionised by digitalisation, SAP BTP can now be used to automate and optimise processes. One example is payroll calculation.
Artificial intelligence in finance – the use of AI assistants
The digital transformation in finance is advancing at a rapid pace. Artificial intelligence (AI) is playing an increasingly central role in this process and is changing the way finance departments perform their tasks.
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