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This blog introduces the Federated Master Data Governance (MDG) concept, a new option for data management within organizations. It emphasizes the critical importance of accurate master data for business operations. The blog explains the need for a federated approach in data governance, which balances central standardization with the specific requirements of different business units, and highlights benefits such as flexibility, efficiency, and cloud preparedness.
This blog introduces key updates in SAP Master Data Governance (MDG) on SAP S/4HANA 2023, highlighting the new cloud-ready mode for enhanced flexibility in data governance and federated governance for distributed data ownership. It also covers the integration with SAP Fiori 4.0 for a better user interface, along with updates in business partner governance, data quality management, and process analytics.
This blog post highlights the importance of data quality in modern, data-driven organizations, with SAP Data Quality Management (DQM) playing an essential role. SAP DQM, part of SAP Master Data Governance, maintains and improves data quality through processes such as data normalization, validation, correction, and quality monitoring.
This blog discusses cloud solutions for processing supplier invoices versus SAP Invoice Management (SAP IM). The best choice depends on organizational need. This article compares multiple options from an implementation and operational standpoint.
The University of Amsterdam and Hogeschool van Amsterdam recently switched from SAP ERP to SAP S/4HANA. Our colleague Hylke Visser supervised the transition of Vendor Invoice Management (VIM). Curious about more background on this transition and its impact on SAP VIM? Read all about it in this blog.
Our colleague Martin Nooteboom had the chance to support Nouryon with a solution for their Transportation Management invoice process. He created a solution to process the invoices coming into the regular process via SAP VIM, including an interface to SAP TM.
Implementing SAP Master Data Governance (MDG) on S/4HANA as the master data hub in your SAP landscape forces you to think about the migration of your suppliers and customers master data to business partners. This exercise should be performed in due course when you migrate to S/4HANA, it simplifies the transition if you have already completed this step.
Because of our long running partnership with OpenText we were recently invited again for an exciting OpenText Deep Dive session. During this technology focused event OpenText shared with us the latest strategic roadmap for Vendor Invoice Management (VIM) (also known as SAP Invoice Management (SIM)) and the related products like VIM Beyond Finance and Intelligent Capture.
From recent versions of OpenText Vendor Invoice Management (VIM), also known as SAP Invoice Management (SIM), licences no longer apply only to the processing of invoices. The software is now also prepared to process other document types such as order confirmations, delivery notes, quotes, sales orders and payment advice. This expanded scope is referred to as VIM beyond Finance.
In this blog, we want to provide an overview of the new features that have been released (initial version on 13.10.2021) in the SAP MDG on S/4HANA 2021 version.
SAP wants to keep on strengthening the core, based on customer and partner priorities that are brought up by the Customer Connection program.
As you can see below, a lot of the new features are a result of an improvement request in the Customer Connection program. We recommend using this channel to enter or upvote your desired feature. If you want assistance on this topic, please reach out to us.
Recently, the so-called "free tier model" has become available for SAP Business Technology Platform (BTP). This licensing model enables you to get started with your own free instance of SAP BTP. The free tier model offers the opportunity to explore and even productively try out services including SAP Robotic Process Automation (RPA) up to a certain capacity limit.
Many SAP users link local PC files to SAP documents. In addition, many outgoing documents are generated by the SAP system.
The table in which attachments and generated documents are stored (the table SOFFCONT1) can take up to 25% of the total database. When looking at the cost of storage in an SAP HANA environment, a reduction of the database can realize significant cost savings.
Avelon considers SAP Master Data Governance as one of its focus areas.
In this blog we focus specifically on SAP Master Data Governance for Financials (MDG-F). SAP MDG-F is SAP's standard solution for centrally managing financial master data such as cost centers, cost center groups, cost types, cost elements etc.
The SAP Fiori Launchpad is the starting point for SAP Fiori apps. Since 2016 it has been possible to consume SAP Fiori from the SAP Cloud Platform via the SAP Fiori Cloud Edition. In Q4 2020 a new option will be added for setting up a SAP Fiori Launchpad, namely the SAP Cloud Platform Launchpad. In this blog we will discuss this new functionality and why it has been introduced.
For many organizations, processing incoming invoices is a costly and often manual process. OpenText has developed Vendor Invoice Management (VIM), also known as SAP Invoice Management (SIM), to solve these problems and to professionalize invoice processing.
OpenText offers various Fiori applications to support the SAP Invoice Management processes.
SAP (Business) workflow is the technical foundation of process optimization within both SAP ECC and S/4HANA. In recent years, SAP has developed various complementary tools that are grouped as Intelligent Business Process Management. In this blog various components are discussed such as SAP Workflow, SAP Cloud Platform Workflow, SAP Chatbots, SAP Intelligent RPA and SAP Cloud Platform Process Visibility.
Recently, OpenText presented the latest developments in SAP Invoice Management and SAP Digital Content Processing at the "Partner Deep Dive". Because of COVID-19, the planned meeting in Munich was changed to a very interesting 2-day virtual session.
In the first part of the blog "Increase your productivity by using chatbots" an introduction on chatbots was discussed. In this blog, the technical aspects of a chatbot and SAP Conversational AI (SAP CAI) are discussed in more detail.
Master data management is clearly one of THE topics in current IT and business related issues. Operational excellence is only achieved with consistent master data. SAP Master Data Governance can help you with this. Read more in this blog.
Early 2018 SAP announced the acquisition of Recast.AI. This enables SAP to offer a platform with which applications and software can be developed. The platform uses Natural Language Processing (NLP) and Machine Learning (ML) to understand natural language. SAP offers this technology under the name SAP Conversational AI (CAI) and the most appealing application is the development of so-called chatbots.
![Recent innovations in SAP MDG [Updated]](https://images.squarespace-cdn.com/content/v1/55378abce4b0be6b204708b1/1568455423784-UA7RH3S6ROG5X0CCC4FR/Data-Center+small.jpg)
