SAP Cloud ERP (S/4HANA)
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- SAP Cloud ERP is a cloud-based ERP system that uses AI, machine learning and analytics to automate business processes. It runs on the SAP HANA in-memory database for real-time data processing.
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SOX
- SOX stands for the Sarbanes-Oxley Act, also known as the Public Company Accounting Reform and Investor Protection Act of 2002. This legislation was enacted in response to corporate accounting scandals to protect investors by improving the accuracy and reliability of corporate disclosures. SOX established new standards for corporate governance, internal controls, financial reporting, and auditor independence for publicly traded companies in the United States.
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SOX compliance
- SOX compliance refers to a company’s adherence to the requirements and provisions outlined in the Sarbanes-Oxley Act. This includes implementing and maintaining effective internal controls over financial reporting, ensuring the accuracy and integrity of financial statements, and disclosing material information to investors and regulatory authorities. SOX compliance is mandatory for publicly traded companies in the United States and is overseen by the Securities and Exchange Commission (SEC) and other regulatory bodies.
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Supply Chain Management (SCM)
- SAP Supply Chain Management (SCM) is a suite of solutions that leverages integrated data and embedded intelligence to align planning, execution and monitoring across sourcing, manufacturing, logistics and distribution.
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