Order-to-Cash Process Order-to-Cash is an integration point between Finance (FI) and Sales (SD). It is also known as OTC or O2C in short form. It is a business process that involves sales order from customers to delivery and invoice. It comprises SO, Delivery, Post Goods Issue (PGI) and billing to customers. OTC process is a very important process in Enterprise Resource Planning software(ERP Software). Both major ERP software SAP and Oracle include this process. Its configuration touches both Finance and Sales & Distribution modules. This is an end to end process from customer Inquiry to goods delivery, billing and payment of money. The process starts when a customer inquires for an inventory item (finished goods for a company). The customer gets quote for the item and place an order for the quantity needed. A user from company place the order and pass it for processing. Inventory gets picked up from warehouse and shipped to customer. Billing process also starts with deliv...

Digital technology is revolutionizing the workplace. It’s creating demand for new skills and talent, driving flexible working patterns and processes, redefining employee expectations, and transforming how we communicate and collaborate. This is forcing HR professionals to rethink their approach to technology to help build continuous engagement and dialogue with their employees, and connect them to the purpose of the business. Their technology also needs to integrate with other business systems, add intelligence to HR processes through innovations like machine learning, and support specific HR use cases like compensation planning, international mobility, and global benefits management and communication. This campaign is aimed at midsize companies that are considering or beginning their HR transformation journey. It promotes the generic benefits of SAP ®   SuccessFactors   ® Employee Central as the next generation core HR system for the digital age that e...

Internet of things (IoT): There is no single universal definition for IoT (Internet of Things). It generally refers to scenarios where network connectivity and computing capability extends to objects, sensors and everyday items not normally considered computers, allowing these devices to generate exchange and consume data with minimal human intervention. Internet of Things paradigm enables the objects, also called things, for sensing, which subsequently interoperate and communicates with other objects for data exchange through an existing physical network infrastructure. It promotes a seamless amalgamation between the smart devices, and the physical world to ensure full automation that eventually improves human life. Architecture is generally divided into three layers, Perception layer, Network layer, and Service/Application layer.     The concept of combining computers, sensors, and networks to monitor and contr...

The selling of advertising space on digital platforms such as websites, blogs, digital magazines and other digital properties is known as Digital Media Sales. They are responsible for maximizing revenues through the sale of digital advertising space by working with clients to create effective campaigns that produce results while resulting in optimal revenue for the digital publisher or platform where advertising is placed. Digital media sales is a complex process consisting of several components and factors including ad formats, bidding and measurement metrics such as conversion rate among others. It is even becoming possible to measure the impact of digital advertising on offline sales which is determining how exposure to digital ads has impacted buying behavior in the real world. Challenges of Digital Media Sales: Digital media sales is an industry facing disruption by programmatic buying or the automated process of purchasing advertising based on data driven proce...

Cloud has already reached mainstream status. That’s indisputable…IDC forecasts that private cloud spending alone will reach $40.6 billion by 2019. In fact, many industries view the cloud as their route to success in a fast-evolving marketplace. The industries now seeing the fastest rate of adoption are manufacturing, retail, and media.   To expand on this, a recent Aberdeen Group study found that 46% of Best-in-Class organizations are currently using some form of the cloud – a figure destined to climb in the coming years. In short, moving to the cloud is no longer a revolutionary concept. How it’s done and maintained is the deeper question, and many businesses – large and small – are finding that dedicated solution providers make profound sense in the equation. They not only effectively manage IT infrastructure; the...

We’re excited to announce the release of new pre-packaged analytics content for SAP Business ByDesign! For months, our engineering teams have been working hard on a multi-faceted plan to tighten the integration of SAP Analytics Cloud with select SAP Analytics Cloud applications. These plans include an extensive cross-functional team focused on developing content and APIs for more than 20 applications. Pre-packaged content is an excellent opportunity to extend native application reporting, with advanced, purpose-built analytics from SAP. Moreover, SAP Analytics Cloud content is free-of-charge, can be deployed as is, or can be fully customized to suit your needs. Here’s what has been delivered for SAP Business ByDesign. Financial Performance Easily visualize the performance of key financial metrics across your organization, with drill paths and filters which allow you to track profitability across regions and by product. Procurement Track, spend, and maintain con...

Hackers are one that hacks. A person who is an expert at programming and solving problems with a computer. The other side of hackers are a person who is inexperienced or unskilled at a particular activity. A person who illegally gains access to and sometimes tampers with information in a computer system is known as Hackers. A person who enjoys exploring the details of programmable systems and how to stretch their capabilities as opposed to most users who prefer to learn only the minimum necessary. There are various advantages of hacking like, Can be used to recover lost information where the computer password has been lost. Hacking makes us aware about the possible loopholes of the system. Teaches you that no technology is 100% secure. To test how good security is on your own network. They call it white hat computer hacking. Various disadvantages are: Criminals can use it for their advantages. Its illegal. Below are some key steps to protect your c...

Marketing has always been about connecting with your audience in the right place and at the right time. Today, that means that you need to meet them where they are already spending time: on the internet. In simplistic terms, digital marketing is the promotion of products or brands via one or more forms of electronic media. Digital marketing differs from traditional marketing in that it involves the use of channels and methods that enable an organization to analyze marketing campaigns and understand what is working and what isn’t typically in real time. Digital marketing is embodied by an extensive selection of service, product and brand marketing tactics, which mainly use the Internet as a core promotional medium, in addition to mobile and traditional TV and radio. Digital marketing includes a raft of Internet marketing techniques, such as search engine optimization (SEO), search engine marketing (SEM) and link building. It also extends to non-Internet channels that prov...

Computer architecture, Internal structure of a digital computer, encompassing the design and layout of its instruction set and storage registers. The architecture of a computer is chosen with regard to the types of programs that will be run on it (business, scientific, general-purpose, etc.). Its principal components or subsystems, each of which could be said to have an architecture of its own, are input/output, storage, communication, control, and processing. Computer science, the study of computers, including their design (architecture) and their uses for computations, data processing, and systems control. The field of computer science includes engineering activities such as the design of computers and of the hardware and software that make up computer systems. Since computer systems are often too large and complicated to allow a designer to predict failure or success without testing, experimentation is incorporated into the development cycle. Computer science is genera...

A cloud service is any service made available to users on demand via the Internet from a cloud computing provider's servers as opposed to being provided from a company's own on-premises servers. Cloud services are designed to provide easy, scalable access to applications, resources and services, and are fully managed by a cloud services provider. On the other hand, Cloud computing is a type of computing that relies on shared computing resources rather than having local servers or personal devices to handle applications. In its most simple description, cloud computing is taking services ("cloud services") and moving them outside an organization's firewall. Applications, storage and other services are accessed via the Web. The services are delivered and used over the Internet and are paid for by the cloud customer on and as-needed or pay-per-use business model. Cloud Delivery Models Cloud computing can be divided into several sub-categories dep...