Companies in the SAP ecosystem need to carefully consider their options and start planning now for the inevitable migration to S/4HANA. While the discontinuance of ECC support has been rescheduled to 2027, it is critical that you not wait too long to evaluate what the best path will be for your company.

It is also important to remember that this will be much more than just a software upgrade. S/4HANA represents a unique opportunity for undertaking truly transformational changes and improvements across the entire enterprise.

This week's "Friday Big So What" episode focuses on Practice, along with a discussion of following points:

• What makes a good Practice?
• What a Practice is?
• Five areas of Practice.

Watch Now our recently recorded episode of a four-part series on using SAP Multi-Bank Connectivity (MBC)-Cash Forecasting Integration and Optimization. This third episode in our series on using SAP Multi-Bank Connectivity (MBC) builds on the previous webinars on visibility, processing and reconciliation by shifting the focus to proactive enterprise-wide forecasting of cash. By integrating MBC accounts with AP/AR processes, companies can gain a comprehensive view of projected flows into and out of multiple cash accounts, along with consolidated roll-up of overall cash positions.

Anyone who is wondering how to get value from an In-House Cash and Treasury project cannot afford to miss our webinar recorded on September 24, 2020. Learn from Matthews, SAP and Bramasol, how they combined to deliver a world-class In-House Cash and Treasury solution based on SAP Treasury and Risk Management.

The demands on corporate treasury departments are driving constant change. Requirements for increased accountability, better monitoring and improved performance means treasury leaders need to constantly upgrade their technical expertise, reduce costs and mitigate uncertainty. Treasurers also need to cope with the growing complexity of financial instruments, volatile
financial markets and the introduction of new regulations and accounting practices.

This week's "Friday Big So What" episode focuses on Agility, along with a discussion of the six key factors for managing agile projects for optimal results.

Dashboards have become a hot topic across a widening range of application areas over recent years. However, it is important to remember that “dashboard” is much more than just a buzzword.

Just as the dashboard in your car is designed to organize and present a variety of information in a logical, prioritized and easy-to-interpret manner for fast on-the-fly decisions, an effective software dashboard needs to follow similar disciplines.

Although some companies think that Revenue Recognition compliance issues are behind them, it's important to remember that the changes mandated by ASC 606 and IFRS 15 are on-going.  In particular, the Five-Step Model and concepts such as Standalone Selling Price need to be applied to new product or service offerings today and into the future.

Among the numerous compliance and regulatory changes over recent years, ASC 606 on Revenue Recognition has been one of the most significant and challenging for companies to implement.