2 steps to analyze inventory differences in theft-sensitive goods
Inventory differences are troublesome in many ways. After determining differences, it is often necessary to do a recount just to find out that there are some goods in the corner of a warehouse corner somewhere that nobody had thought of. At least any direct impact on profit and loss will have been avoided however. Still, […]
Are you delivering dangerous goods to “rogue states”?
It is no longer always easy to ensure total transparency in international business relations. They are nevertheless subject to high compliance requirements. In recent blog posts, we have looked at the topic of how to analyze business relationships with countries which may potentially prove problematic. These first and foremost include payments to countries that might […]
Tracing flows of cash in SAP: Where did your money go?
In accounting, it is normal to always pay special attention to what is going on with your own bank accounts. This is where the cash flows in or out – depending on the circumstances. In today’s blog post, though, I would like to show you how to use the data structures in SAP to find […]
Pandora’s box: from export-restricted goods to nuclear technology
Only a small fraction of companies worldwide generally do trade in export-restricted goods. Nevertheless, SAP has still come up with and marked the appropriate fields for configuration in the customer master data. In this blog post, we will show you what export-restricted goods actually are, give you a broad overview of the issues involved and […]
Tracking down rogue states in SAP
Having already identified the top 10 “rogue states” in our last Blog Post, this week we can now go on to analyze whether any payments have actually been made to a bank account in one of those dubious states and if so to what extent. So without further ado – let’s get down to business […]
Do you also pay to banks in “rogue states”?
Not all countries in the world are safe in terms of money payments. Time and again we hear about countries that are not “completely clean” in terms of money laundering and terrorist financing. Of course, these countries are bound by compliance rules when transferring money to banks in such countries. In our small series on […]
Santa was not the only one handling orders for presents…
The past year is a thing of the past and according to a survey conducted by Adobe, 51 percent of Germans intended to order all their gifts online. A majority of respondents cited low prices as the main reason for this mania for online shopping. But what about the orders your company places? Are they […]
Duplicate Payments: I want my money back!
Duplicate payments are always a hot topic. Due to poor organization, invoices being paid twice is something that happens over and over again. Even in well-defined organizations, duplicate payments occur again and again when the volume of transactions is high. In this blog post, I will explain some advanced methods for detecting duplicate payments in […]
Two is always better than one – except when it comes to master data!
Master data controls all business processes. If master data is not maintained correctly, errors are “passed on” to business transactions and something is pretty much guaranteed to go wrong as a result. Similar problems arise if master data in SAP is not unique because duplicate entries exist. This blog post explains what the specific problems […]
Using data analysis to uncover fraud
Over the past few weeks, we have looked at weak password hashes in SAP in quite some detail. Having previously already presented a conceivable scenario for exploiting such a vulnerability, as well as a guide to hacking weak password hashes and the measures to be taken to protect against it, in this blog post, we […]