SAP Cybersecurity: How Secure Are Your Passwords?
Cybersecurity is a topic that pretty much everyone is talking about at the moment. The discussion is often aimed at the infrastructure level, i.e. the security of networks and operating systems. However, the application level should not be forgotten either! One of the most important business application systems is often the company’s ERP system, which […]
Living from hand to mouth? How to run a first liquidity check on your customers
Having taken a look in our last two blog posts at the various accounts receivables and individual customers, we will now look at some simple statistics, examine the correlation between certain parameters and view the results as Excel charts. If you missed the last two blog posts, you can access them by clicking on the […]
When payments become a moral matter: How fast do your customers pay?
Analyzing the receivables accounts in SAP gives you an initial feel for how receivables are distributed. But it does not let you say anything in detail about the payment behavior of individual customers. For this reason, in this article, we will take a more in-depth look at individual customers and compare them with each other. […]
Do customers always pay on time?
In extreme cases, non-payments can cause companies to get into real trouble. That’s why we will be taking a closer look at this topic – one which is well known to auditors – over the course of the coming weeks. The end of the year is slowly but surely drawing near, and, for many companies, […]
Continuous Business Monitoring: An Approach to Enterprise Monitoring (Part 2)
Having already presented what Continuous Business Monitoring actually is, the benefits it provides for individual participants and having identified the drivers for its implementation, in this article, I will now present its different components, a procedure for its implementation and some examples of applications. Did you miss the first part of the two-part series? No […]
Continuous Business Monitoring: An Approach to Enterprise Monitoring
The monitoring of companies with regard to the regularity of financial reporting and risks that pose a danger to the ongoing existence of the company is one of the statutory duties of the boards of directors and managing directors of large corporations. The size and complexity of globally operating companies presents management with the problem […]
5 Sales Analytics that help Auditors to Make Real Savings
The audit team is not always the most popular visitor to a department. After all, who likes to be checked up on and told which activities have not been carried out properly? Often topics such as the internal system of control and the compliance of employees within the department are seen as a bureaucratic obstacle. […]
9 Sales Data Analytics that Every Auditor should be Aware of
The auditing of order-to-cash and the order-to-cash process in SAP is one of the main topics in every audit department. In my two-part blog series, I would like to introduce the basics of performing an order-to-cash audit in SAP, starting with the necessary data structure and ending with some of the most interesting data indicators […]
Automated Audit of Purchase-to-Pay in SAP
In this second blog post on auditing of purchase-to-pay in SAP, I would like to present the automated approach in greater detail, taking a look at all its various aspects. A lot of these analyses can of course be executed manually, but this is very time-consuming to do and thus should be avoided. Purchase-to-pay master […]
Step-by-step procedure for auditing purchase-to-pay in SAP
The biggest and most well-known area of SAP auditing must be purchase-to-pay. Almost one third of our indicators fall into this category. That alone is reason enough for us to devote an extensive two-part blog series to the subject. Before going into things in more detail, we first need to describe the fundamentals of auditing […]