Re-imagine a Digital Future In a world where technology is the source for value creation

Human Resources

Rajesh Poojary VP – International Business SAVIC Technologies

Insight from Integration with SAP® RealSpend and SAP Financial Statement Insights Use new integration with the SAP® RealSpend solution and SAP Financial Statement Insights Web application to enjoy real-time understanding of your forecast while visualizing profit-and-loss account group balances. You can now layer planned future expenses over existing financial information and tag expenses for new dimensions of analysis. Armed with easy-to-access insights, you’ll have a better picture of your financial situation and be able to uncover trends and hidden irregularities behind aggregated key performance indicators.

Lease Accounting

Get structured insights into lease payments, duration, timing, and uncertainty of cash flows with direct finance integration with the new International Financial Reporting Standards–compliant expense lease accounting in the SAP Real Estate Management application. Reduce manual effort and risk of error when calculating and posting leases according to the planned new accounting standard from the International.

Accounting Standards Board and Financial Accounting Standards Board to support new principles of reporting on lease-related payments, contract durations, and uncertainty of cash flows. Create a full inventory of leases, assess net present values, and recognize leases as assets or liabilitieson the balance sheet.

Integration with Business Networks

Connect to business networks like never before. Finance can now take advantage of additional integrations with the SAP SuccessFactors® Employee Central Payroll solution and learning map, buyer side Ariba® Invoice Management and Ariba Discount Management solutions, Concur® solutions, and SAP Fieldglass® solutions.

HUMAN RESOURCES

Reduce complexity with streamlined integration and an improved user experience.

Simplified Environment

The SAP S/4HANA 1610 release simplifies human resources for both IT and business users. You can now simplify your IT environment with streamlined integration betweenSAP S/4HANA and SAP SuccessFactors solutions to support end-to-end business processes. Business users can now utilize object pages to present worker-related data for both employees and contingent labor forces. Additionally, users can take advantage of enhanced search capabilities to quickly find the information they need

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SAP S/4HANA: Next Generation Business suite

SAP delivered a massive wave of simplification and innovation in the core of SAP S/4HANA. With this delivery, enterprises can drive unprecedented business value with innovative use-cases - in core financial and operational areas such as in logistics taking full advantage of a simplified data model and a responsive user experience. SAVIC SAP S/4HANA migration templates helps SAP Business Suite customer can move from different start releases to SAP S/4HANA, on-premise edition. For certain start releases, a one-step procedure is available, which includes the installation of the SAP S/4HANA Core and, if necessary, the migration of the database to SAP HANA. As part of the move to SAP S/4HANA, on-premise edition, SAVIC Migration approach helps customers to adapt current implemented solution to comply with the scope and data structures of SAP S/4HANA. Optimize IT operations, and innovate business processes faster to become a best-run business.

SAVIC is certified by SAP in the program SAP S/4HANA Demo21

Mumbai India, 26 January 2017 , –SAVIC, a leading global IT company in Digital Business Transformation (DBT) received Certificate of Accomplishment in recognition of their commitmentin the S/4HANA Demo21, build your own SAP S/4HANA, Edition for SAP Business All-in-One Demo Environment, release 1610 FPS0 0 . Through this achievement, the study will be possible, training, proof of concept (POC), development and demonstration of new features in SAP S/4HANA. For SAVIC Technologies Private Limited , Shakir VP of the SAP Excellence Centre at India, “Achieving this certification represents an important milestone in our partnership with SAP, not only because it demonstrates that we have the appropriate environment for S/4HANA Demo21 but also our strategy to develop our consultants’ expertise in S/4HANA”. About SAVIC SAVIC Technologies Pvt Ltd is a global IT service Company providing Strategic Business Consulting and IT Services. The services offered ...

Procure to Pay (P2P) Cycle- by Amod Bhat SAP Consultant at SAVIC Technologies

Procure to Pay, also known as P2P , is the process of obtaining the raw materials needed for manufacturing a product or providing a service, and making payment for these. Every manufacturing concern or service provider needs to run this cycle efficiently if they are to continuously manage their cash flow, build goodwill with suppliers and make profits. Steps of the Procure to Pay (P2P) Cycle: * The process begins with planning what materials are required, when they are required, and the price that the company can afford to pay for them. * Then the company prepares a list of vendors that they think can provide the materials for them. * The company asks each of the vendors to submit a quotation, which includes the price, terms of delivery, quality of materials, and any other information that they need for making their decision. This stage could also involve negotiating with the vendors for the best deal. * Once a vendor has been chosen, t...

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