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Business Processes

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Finance & Project Management

Project Management

Business Value

Overview Click here to see Key benefits

For midsize companies that need to manage internal and external projects on time, quality and costs, this process enables end-to-end collaboration across the business.

Project Management

Overview

For midsize companies that need to manage internal and external projects on time, quality and costs, this process enables end-to-end collaboration across the business.

You can manage the entire range from cost collectors to full-scope projects.

SAP Business ByDesign helps efficiently manage the entire project lifecycle: From project planning, assigning resources, project execution to controlling.

Project Management

Key benefits

Seamless integration with sales, procurement, human resources, and financials along the entire project life-cycle
Projects empowers you to collaborate most efficiently with all parties involved in your project within your company and beyond
Time and expense recording on projects as well as confirmation and monitoring of work performed by employees and/or external service providers
Enables efficient project set-up by using copy from existing projects, templates, and Microsoft Projects as reference
Interactive graphical views including Gantt chart, work breakdown structure, and network diagram
Provides an accurate view of project cost and revenues � with the figures for year to date or the current month
Built-in analytics and reporting for point-in-time project tracking and accounting; easy-to-use monitoring functionality for project managers to constantly monitor project progress

Project Based Services

Business Value

Overview Click here to see Key benefits

This scenario integrates customer relationship management, project management, and service delivery with financial and management accounting to enable midsize companies to sell professional services.

Project Based Services

Overview

This scenario integrates customer relationship management, project management, and service delivery with financial and management accounting to enable midsize companies to sell professional services

Project Based Services

Key benefits

Provides integrated business scenarios for customers focusing on professional services from order capturing, engagement execution to financial and project accounting
Project life-cycle provides a holistic view on projects, from project planning and execution to project billing, project controlling, including powerful analytics
Integrated resources for estimating job time requirements and labour cost as well as planning optimal service routes. Expense items can be tracked and invoiced within quotes and sales orders
Boost sales through sales of third-party services including procurement and financial integration of third-party costs
Supports project billing and revenue management, either T&E or fixed-price billing
Gives accurate information on already billed and unbilled time and expenses
Scalable process for revenue recognition supporting different accounting principles
Built-in analytics and reporting provides an accurate view of point-in-time project cost and revenues, which leads to more profitable business

Intercompany Project Time and Expenses

Business Value

Overview Click here to see Key benefits

The Intercompany Project Time and Expenses business scenario allows partner companies that belong to the same corporate group and that are technically working in the same SAP Business ByDesign system to efficiently work together on projects.

Intercompany Project Time and Expenses

Overview

Intercompany Project Time and Expenses

Key benefits

View project data using graphical presentation tools, including Gantt charts, work breakdown structures, and network diagrams
Monitor project progress and deviations by making continuous reassessments and escalate important issues as needed
Streamline and accelerate purchasing through the use of self-service procurement and reduce the volume of routine purchasing tasks
Create invoices with or without reference to a purchase order and automatically create invoices on behalf of your suppliers based on existing goods and services receipts
Generate a sales opportunity, create a quote, calculate pricing, enter payment and shipping information, and create a sales order and invoice in a single integrated process
Maintain an online portfolio of your products and services and define price lists with flexible pricing policies
Obtain a comprehensive, 360-degree view of your customers and make effective decisions by using the provided reports and metrics
Create purchase requisitions in alignment with your company�s purchasing policies and guidelines, and monitor their execution
Submit requests for support electronically regarding IT and other workplace-related issues, and manage the follow-on activities
Enable managers to perform self-service requests or personal data changes on behalf of their direct reports
Centrally manage and control your payables and receivables, automate payment and clearing processes, and valuate payables and receivables in multiple foreign currencies
Quickly create tax returns using centrally managed corporate data and report declarations � and pay taxes if required
Set up expense and reimbursement policies, monitor employee expenses, and reimburse approved expenses

Cash and Liquidity Management

Business Value

Overview Click here to see Key benefits

For financial professionals at midsize companies who want to quickly and efficiently meet cash flow deadlines and achieve better transparency to manage the company�s liquidity position, this scenario streamlines the daily cash management cycle.

Cash and Liquidity Management

Overview

You can collect and aggregate liquidity information efficiently in a fast, streamlined, and automated fashion.

SAP Business ByDesign helps efficiently manage cash and liquidity management: from the actual liquidity snapshot, forecasting, and analysing steps through to optimised cash flow from money transfers or other cash flow-impacting strategies.

Cash and Liquidity Management

Key benefits

Cash and Liquidity Management provides the analytical framework for efficient financial value chain management including tools for bank balance reporting, liquidity monitoring, and optimising liquidity positions.
Cash managers can easily determine, initiate, and execute required funds transfers to manage liquidity positions in terms of investing excess cash or funding liquidity shortages.
Automated processes for collecting information about account balances and transactions from banks, as well as internal information on collections, disbursements, and other financial activities spread across different business units within the company.
Built-in analytics and reporting ensure a seamless consolidation of the liquidity information into today�s cash position as well as various forecast worksheets. Analytical tools support a comprehensive liquidity analysis, projecting cash shortages or surpluses for a variety of reporting criteria and timelines.

Fixed Asset Management

Business Value

Overview Click here to see Key benefits

This scenario is ideal for financial professionals at midsize companies who want to efficiently manage fixed asset accounting.

Fixed Asset Management

Overview

This scenario is ideal for financial professionals at midsize companies who want to efficiently manage fixed asset accounting.

You can value your fixed assets in accordance with different accounting principles.

SAP Business ByDesign helps efficiently manage the entire life cycle of your fixed assets, from their purchase or first acquisition, through to retirement or sale.

Fixed Asset Management

Key benefits

Fixed Asset Management reduces the time and energy it takes to manually perform the necessary accounting procedures, allowing you to focus on other tasks
You can value your fixed assets quickly and easily
— In accordance with local book valuation or tax-based valuation
— In accordance with international accounting principles
— For statistical or cost-accounting purposes
— To ensure continuous compliance with country-specific regulations
You can track and report assets accurately in a fully-integrated environment
The scenario improves efficiency through greater use of automation, such as the creation of fixed asset master data records including the calculation of acquisition costs

Financial Closing

Business Value

Overview Click here to see Key benefits

For midsize companies who need to meet quickly and efficiently financial filing deadlines and achieve better transparency and compliance, this scenario aligns payables and receivables, tax and inventory accounting, management and general ledger accounting.

Financial Closing

Overview

You can improve financial and management reporting for regulatory compliance and increase investor confidence.

SAP Business ByDesign helps manage efficiently the end-of-period closing process: From completing operational transactions and their required postings, submitting reports to tax authorities through to the creation of financial statements.

Financial Closing

Key benefits

Central and standardised closing procedure ensures the integration of each individual statement form
Reconciliation capabilities to proof the consistency across different business areas
Access to an up-to-date, comprehensive overview of the closing status, which promotes transparency
Parallel accounting functionality enables creation of financial statements that comply with appropriate accounting principles
Ability of employees to define closing tasks and their sequence well in advance, thereby supporting compliance and minimising the risk of missing important steps or getting their timing wrong
Built in analytics enables a drill down to capture changes and adjustments affected by closing activities

Expense Reimbursement

Business Value

Overview Click here to see Key benefits

For midsize companies who want to achieve control over their travel expenses, this scenario streamlines and automates the reimbursement cycle.

Expense Reimbursement

Overview

For midsize companies who want to achieve control over their travel expenses, this scenario streamlines and automates the reimbursement cycle.

You can reimburse your employees faster and monitor their business expenses and adherence to policies, while efficiently processing the expense reports.

SAP Business ByDesign helps efficiently manage expense and reimbursement: from expense report creation through to financial settlement.

Expense Reimbursement

Key benefits

The integration with Human Resources, Employee Self Services, Manager work centre, Payment Processing, and Projects streamlines the reimbursement process.
Simplified expense entry screens (according to the type of business expense) and pre-populated fields allow for an easy input of expense receipts.
Expense reporting on behalf of the employee ensures a timely expense settlement.
Standard configuration contains all country-specific reimbursement rates and can be adapted according to the company-specific expense policy.
Configurable rules help to avoid excessive spending and provide flexibility in processing, for example, depending on the settlement amount the review and/or approval can be skipped.