How to prevent Duplicate Payments in SAP with the Internal Control System
You want to avoid potential duplicate payments in SAP by using the internal control system (ICS)? Even before the postings are made in the financial accounting department? Then don’t miss out this blog post! I will show you the settings, how to develop them and where the limits are. Optimize your processes and reduce potential duplicate […]
Duplicate Payments in SAP: Reducing False Positives using a Utility Analysis
“How can we reduce the amount of results of twice payed invoices?” was a question in the preparation of this blog post. In collaboration with the Professor and my vague recollection of past business administration lectures, we opted for a utility analysis. Therefore, the combination of Professional Judgement and hard facts of data analytics should […]
3 steps to uncover duplicate payments in SAP
In this blog post, I would like to show you how to uncover duplicate payments in SAP. You will encounter many “False Positives” while searching for duplicate payments. Identifying and excluding as many “False Positives” as possible to get to the real duplicate payments is a high art. Finding duplicate payments is more like looking for […]
Cashback: How the audit department pays off with duplicate payments
It is not always easy for the auditor to point out and communicate the value contribution of the audit department to the company. The audit department is often regarded as a regulatory necessity. Of course, it is much easier if the insights of an audit save money. That is why I dedicate this four-part series […]
Quick Guide: Reducing the identified amount of postings
In the fourth part of this series, you will learn how to further reduce the results from last post and find actual outliers. You will then be able to question the operating departments even more specifically. Part IV of the series: “FI documents posted during weekend” 1. What postings during weekend have to do with the […]
Postings during weekend you should definitely not ignore
In today’s blog post, we will analyze which types of documents posted during weekend must be inspected closely. For this purpose, we will use the analytics of the SQL statements of the previous series. Part III of the series: “FI documents posted during weekend” 1. What postings during weekend have to do with the fraud triangle2. How to […]
How to identify postings during weekend
In the second part of this series, you will learn how to explicitly analyze FI documents posted during weekend in your SAP system. You will receive the technical equipment to perform adequate data analytics. Part II of the series: “FI documents posted during weekend” 1. What postings during weekend have to do with the fraud triangle2. […]
What postings during weekend have to do with the fraud triangle
In this four-part series, I will introduce you to the risks and analysis options about the subject of “documents posted during weekend” in SAP systems. Without a doubt, documents posted during weekend are not unusual in many companies. But… Part I of the series: “FI documents posted during weekend” 1. What postings during weekend have […]
Two graphics for evaluating high incoming invoices
In the final part of this series, I will show you how to visually recognize and evaluate incoming invoices with high invoice amounts. For this matter, we will use simple Excel tools and illustrate the described approach with two graphs. Part 4 of the series: “Very high incoming invoice amount” 1. Where Topmanagers should keep an […]
Analytics of high incoming invoices
In today’s blog post, I will show you how to use Excel to implement the analytics of high incoming invoice amounts from Part II of this series. It is easy to understand, so everybody can use this. Part 3 of the series: “Very high incoming invoice amount” 1. Where Topmanagers should keep an eye on2. Getting serious: What […]