Everyone who works with SAP is aware of the need for the different authorizations and may also know about its complexity. Occasionally, there were even times when you tried to perform a certain transaction in SAP and you were not allowed or received a message that you do not have the permission to perform a certain action. The SAP system allows different users to perform
Who doesn't wonder sometimes what face is behind the nice voice on the phone or in a web meeting. Especially in the current times personal meetings are hard to arrange - therefore we have collected some insights from our daily work here. In the recently published clip about the dab in the course of our district's "Company of the Month" campaign, we briefly report about our company and show some "old hands" as well as new employees.
The dab: Mittelstand has taken up the cause of establishing data analysis in medium-sized companies and thus paving the way for the future. In the course of this, the subsidiary company of dab: Daten - Analysen & Beratung GmbH and its managing director Günter Müller have been certified by the BVMW.
Remember our blog post about cash monitoring? Liquid funds in a company are a very important topic, which is often underestimated from our experience. Therefore we will hold a webinar on September 10th together with our partner Galvanize. Here our colleague Philpp and Daniel from Galvanize will talk about it How you can keep an overview of your cash holdings with continuous evaluations, which analyses you can use to prevent possible cash losses, and which methods are suitable for identifying cash leaks. Register now!
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Most of the auditors are applying a variety of analytical methods in order to obtain the necessary information and evidence which would support their opinion in the audited financial statements of different companies. Their main purpose is to increase the degree of confidence regarding the true economic, financial, and equity situation of a company. As we know, the auditing process involves the verification of several transactions, analysis and testing of many documents, books, systems, and financial statements.
For more than 16 years now, we have been successfully supporting our customers with software and services for data analytics, as well as areas such as risk management, Audit and ICS. “Making analytics fundamental" is our company vision. (You can find out more about our vision, mission statement and our team here) www.dab-europe.com/de-DE/unternehmen/ueber-uns
In the first of the three articles dealing with GRC platforms, I have described substantive and technical challenges in the area of auditing and audit management. In today's second part, we deal with functionalities that audit management platforms should have. Some of these functionalities can be found in this blog post. However, they do not represent a complete catalogue, but are only an excerpt without claiming to be complete.
Although it may be true for the headline, this blog post is not intended to be about ransomware - also called encryption trojans. It's about data analysis and how crucial the "last meters" can be. Sometimes it's the little things in life that determine the success or failure of a project. This also applies to data analyses where the data comes from the SAP system and the results are to be checked in the system. Although the results and raw data come from the same system, it is often very time-consuming to carry out the check in the system. In this blog post, I will introduce our approach and show you the advantages of dab:Link.
Most of the business owners and CEOs have shift their attention in profit increases, earning ratios and cost reductions which are used to show elegantly how good an enterprise is performing. However, according to Reider & Heyler (2003), these businesses might forget their most important daily concern – monitoring the company’s cash position. Cash is the most important liquid asset of a business which ensures the payroll is met, new customers are acquired, new products are developed, vendors’ bills and taxes are paid, and most importantly growth and expansion of a business is possible. The amount of cash that a company has on its accounts at a certain point in time portrays the company’s cash position. Monitoring of a company’s cash situation is another way of measuring its financial strength and liquidity. As mentioned by Reider & Heyler (2003), it is the lack of cash which causes companies to fail and not the lack of profit or growth. Not having sufficient cash is a concern of many CEOs who fear they might lose their businesses due to such reason. On the other hand
In a first blog post on GRC platforms titled "GRC and Governance Platforms - Introduction", we took a bird's eye view of the topic. Now I would like to continue the article series with the topic "Audit Management", which will consist of three consecutive articles. I will address the following topics:
