This paper discusses the nature and importance of financial and trade sanctions and sanctions screening. Sanctions are measures implemented by governments to restrict or prohibit trade with parties involved in illegal activities, while sanctions screening is a process that detects potential matches between organizational operations and global sanctions lists. Despite its simplicity, sanctions screening is complicated by multiple variables such as international languages, culture, spelling, aliases, and technological limitations.
The white paper presents a comprehensive look into the impact of fraud on organizations, and the benefits of controls automation. It highlights the growing problem of internal and occupational fraud, using Amazon‘s $9.4 Million fraud case as an illustrative example. The paper underscores the need for more stringent controls and automation, offering insights into the driving factors for automation, and the tangible and intangible returns on investment.
In this white paper, we discuss where the real focus of change lies, where expenses arise, and where hidden costs lurk. It is not primarily about the offer and what is included in detail - there are enough papers about that. Rather this is about what might not be included and subsequently where even apparently small differences between your demand and the package offer make huge differences in your TCO analysis.
The topic of Indirect Usage or Digital Access has been causing companies using SAP a lot of concerns for years now. It was not until 2018 that SAP came up with a concrete definition of licensing Indirect Usage, which is known as Digital Access. However, a company can also reject this type of licensing if certain prerequisites are met. This White Paper will describe the situation in detail.
In this whitepaper we cover the three pillars of SAP Licences (Product Selection, Deployment Options, License Models) in detail and describe how an in-depth understanding of their role in the SAP Licence contract is fundamental to understanding your effective licence position.
visoryQ Business Case Builder for SAP contracting strategies provides the decision criteria and financial framework you need to prepare, visualize, and justify your decision-making about the future of your ERP.
Turn compliance into a cost saver! Organizations are increasingly exposed to compliance requirements. Efforts to adopt innovative ways to assess and manage risk and enhance performance are critical. That’s where data analytics and continuous monitoring are helping to simplify and improve the internal control system, increase operational efficiencies, reduce costs, and detect fraud and errors earlier. Internal controls become a way for organizations to create value.
Stop losing your money to fraud! remQ is a continuous monitoring software for SAP ERP and S/4HANA, with a large library of built-in controls that helps check master data and business processes to avoid financial losses through errors and frauds. remQ can be set up in less than a day, works regardless of organization size and industry, requires no consulting project, and reduces cost of compliance through automation.
setQ Authorization Manager automates SAP role design and enables in-line SoD checks. It simplifies assignment workflows, centralizes access workflow and streamlines request and approval processes for your business.
Whether you are already a customer, would like to become one, have a technical question, would like to work with us, or are interested in an investment: we are here for you!