#SAP Enterprise Risk Management

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SAP Risk Management | SAP GRC RM | Governance Risk & Compliance | ToggleNow

At ToggleNow, we understand that exhaustive lists of risks can overwhelm and often become irrelevant, leading to inefficiencies. Our approach emphasizes focusing on value and core business activities in risk management. We believe that prioritizing risks impacting value and business performance is crucial, even if it means concentrating on a smaller yet more impactful segment of the business.

Our commitment lies in streamlining risk management efforts by leveraging SAP Risk Management. This comprehensive solution fosters collaboration and ensures consistency throughout your organization. We empower businesses to navigate risks effectively while concentrating efforts where risk managers can make the most significant contributions.

Read more: https://togglenow.com/services/sap-risk-management/

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Stackpack Secures $6.3M to Reinvent Vendor Management in an AI-Driven Business Landscape

New Post has been published on https://thedigitalinsider.com/stackpack-secures-6-3m-to-reinvent-vendor-management-in-an-ai-driven-business-landscape/

Stackpack Secures $6.3M to Reinvent Vendor Management in an AI-Driven Business Landscape

In a world where third-party tools, services, and contractors form the operational backbone of modern companies, Stackpack has raised $6.3 million to bring order to the growing complexity.

Led by Freestyle Capital, the funding round includes support from Elefund, Upside Partnership, Nomad Ventures, Layout Ventures, MSIV Fund, and strategic angels from Intuit, Workday, Affirm, Snapdocs, and xAI.

The funding supports Stackpack’s mission to redefine how businesses manage their expanding vendor networks—an increasingly vital task as organizations now juggle hundreds or even thousands of external partners and platforms.

Turning Chaos into Control

Founded in 2023 by Sara Wyman, formerly of Etsy and Affirm, Stackpack was built to solve a problem she knew too well: modern companies are powered by vendors, yet most still track them with outdated methods—spreadsheets, scattered documents, and guesswork. With SaaS stacks ballooning and AI tools proliferating, unmanaged vendors become silent liabilities.

“Companies call themselves ‘people-first,’ but in reality, they’re becoming ‘vendor-first,’” said Wyman. “There are often 6x more vendors than employees. Yet there’s no system of record to manage that shift—until now.”

Stackpack gives finance and IT teams a unified, AI-powered dashboard that provides real-time visibility into vendor contracts, spend, renewals, and compliance risks. The platform automatically extracts key contract terms like auto-renewal clauses, flags overlapping subscriptions, and even predicts upcoming renewals buried deep in PDFs.

AI That Works Like a Virtual Vendor Manager

Stackpack’s Behavioral AI Engine acts as an intelligent assistant, surfacing hidden cost-saving opportunities, compliance risks, and critical dates. It not only identifies inefficiencies—it takes action, issuing alerts, initiating workflows, and providing recommendations across the vendor lifecycle.

For instance:

Renewal alerts prevent surprise charges.

Spend tracking identifies underused or duplicate tools.

Contract intelligence extracts legal and pricing terms from uploads or integrations with tools like Google Drive.

Approval workflows streamline onboarding and procurement.

This brings the kind of automation once reserved for enterprise procurement platforms like Coupa or SAP to startups and mid-sized businesses—at a fraction of the cost.

A Timely Solution for a Growing Problem

Vendor management has become a boardroom issue. As more companies shift budgets from headcount to outsourced services, compliance and financial oversight have become harder to maintain. Stackpack’s early traction is proof of demand: just months after launch, it’s managing over 10,500 vendors and $510 million in spend across more than 50 customers, including Every Man Jack, Rho, Density, HouseRx, Fexa, and ZeroEyes.

“The CFO is the one left holding the bag when things go wrong,” said Brandon Lee, Accounting Manager at BizzyCar. “Stackpack means we don’t have to cross our fingers every quarter.”

Beyond Visibility: Enabling Smarter Vendor Decisions

Alongside its core platform, Stackpack is launching Requests & Approvals, a lightweight tool to simplify vendor onboarding and purchasing decisions—currently in beta. The feature is already attracting customers looking for faster, more agile alternatives to traditional procurement systems.

With a long-term vision to help companies not only manage but discover and evaluate vendors more strategically, Stackpack is laying the groundwork for a smarter, interconnected vendor ecosystem.

“Every vendor decision carries legal, financial, and security consequences,” said Dave Samuel, General Partner at Freestyle Capital. “Stackpack is building the intelligent infrastructure to manage these relationships proactively.”

The Future of Vendor Operations

As third-party ecosystems grow in size and complexity, Stackpack aims to transform vendor operations from a liability into a competitive advantage. Its AI-powered approach gives companies a modern operating system for vendor management—one that’s scalable, proactive, and deeply integrated into finance and operations.

“This isn’t just about cost control—it’s about running a smarter company,” said Wyman. “Managing your vendors should be as strategic as managing your talent. We’re giving companies the tools to make that possible.”

With fresh funding and a rapidly expanding customer base, Stackpack is poised to become the new standard for how modern businesses manage the partners powering their growth.

[archanagunda]

Charting the Course to SAP HANA Cloud

The push towards SAP HANA cloud shift stems from the need for agility and responsiveness in a dynamic business climate. The cloud promises reduced infrastructure expenses, robust data analytics, and the nimbleness to address changing needs quickly. However, for many companies, transitioning from on-premise SAP HANA to the cloud involves navigating concerns around data security, performance, and potentially relinquishing control of business-critical ERP systems.

SAP HANA Enterprise Cloud: A Tailored Offering

In light of these challenges, SAP presented the SAP HANA Enterprise Cloud (HEC), a private cloud service designed expressly for mission-critical workloads. HEC advertises no compromise on performance, integration, security, failover, or disaster recovery. It spotlights versatility, strong customer support, and end-to-end coverage - from strategic planning to application management. This offering intends to provide the cloud’s agility and innovation under SAP’s direct guidance and expertise.

Actual Delivery of HANA Enterprise Cloud

Despite SAP’s messaging, the HEC’s delivery involves a consortium of third-party providers, including HPE, IBM, CenturyLink, Dimension Data, and Virtustream. SAP collaborates with these partners, who bid on projects often awarded to the lowest bidder, to leverage specialized capabilities while upholding SAP’s standards.

Weighing the Pros and Cons

Partnering with competent vendors ensures clients receive secure, best-practice SAP hosting and support. HEC’s comprehensive solution integrates licensing, infrastructure, and support with touted scalability and integration.

However, several customer challenges emerge. Firstly, leveraging SAP’s brand for cloud hosting and SAP managed services risks diminishing anticipated cost savings. Secondly, the lack of direct engagement with third-party providers raises concerns about entrusting critical ERP operations to unseen partners. This dynamic obscures visibility and control over SAP HANA migration and management.

Furthermore, the absence of a direct relationship between SAP HANA users and cloud suppliers may complicate support, especially for urgent issues warranting rapid response. While SAP’s ecosystem aims to guarantee quality and security, intermediation can hinder the timely resolution of critical situations, affecting system uptime and operations.

SAP HANA Cloud: A Strategic Decision

As SAP systems become increasingly vital, migrating SAP HANA is not simply a technical or operational choice but a strategic one. SAP HANA transcends a database or software suite – it constitutes a competitive advantage that, when optimized, can spur tremendous innovation and success. This migration necessitates meticulous planning, execution, and governance to ensure the transition empowers rather than compromises SAP HANA’s strategic value.

In this context, selecting the ideal cloud model and service providers represents critical decisions. Companies must scrutinize partners beyond cost, evaluating track records, SAP skills, security protocols, and the aptitude to deliver personalized, responsive service.

The Future SAP HANA Cloud Trajectory

As we advance into 2024, the SAP DATA Cloud Analytics landscape continues evolving. Innovations in cloud technology, security, and service creation provide new prospects for migration planning. Firms must stay updated on cloud service advancements, SAP’s strategic direction, and cloud shift best practices to navigate this transition successfully.

To accomplish this, companies should:

Collaborate cross-functionally to align SAP HANA cloud plans with broader business goals and technology roadmaps.

Ensure chosen cloud environments and suppliers meet rigorous data security, privacy, and regulatory standards.

Assess infrastructure ability to support SAP HANA performance requirements and scale amid fluctuating demands.

Institute clear governance and support structures for effective issue resolution throughout and post-migration.

Transitioning SAP HANA to the cloud is complex but ultimately rewarding, unlocking efficiency, agility, and innovation when executed deliberately. By weighing the strategic, operational, and technical dynamics, businesses can drive this migration smoothly, fully capturing SAP HANA’s power to fuel future prosperity.

[multisoftsystem]

SAP EHS Tutorial for Beginners

SAP EHS (Environment, Health, and Safety) represents a significant leap forward for organizations aiming to prioritize sustainability and ensure the safety and well-being of their workforce while adhering to environmental regulations. This comprehensive solution integrates seamlessly with other SAP modules, offering a centralized platform for managing a wide range of EHS tasks.

At its core, SAP EHS training by Multisoft Systems is a module within the broader SAP ERP system designed to help businesses manage their environmental, health, and safety obligations more effectively. It enables companies to track and reduce emissions, manage chemicals safely, ensure workplace safety, and comply with global and local environmental, health, and safety regulations. By automating and streamlining EHS processes, SAP EHS not only helps companies meet legal standards but also promotes a culture of safety and environmental responsibility.

Key Features

Compliance Management: SAP EHS simplifies the complexity of complying with regulatory requirements by providing tools to monitor and manage compliance tasks across different jurisdictions.

Hazardous Substance Management: It offers comprehensive capabilities to manage hazardous substances, including inventory tracking, safety data sheet management, and regulatory reporting, ensuring safe handling and storage.

Occupational Health: This feature focuses on protecting employees’ health by monitoring workplace hazards, managing medical checks, and tracking health indicators over time.

Safety Measures and Risk Management: SAP EHS facilitates the identification, evaluation, and mitigation of risks associated with workplace safety and environmental hazards, helping to prevent accidents and incidents.

Waste Management: It provides tools for managing waste disposal processes, including waste classification, transportation, and disposal documentation, aiding in sustainable waste management practices.

Environmental Management: This encompasses monitoring and reporting on air emissions, water discharges, and energy use, supporting efforts to reduce an organization’s environmental footprint.

Benefits of Using SAP EHS

Enhanced Compliance: With SAP EHS, companies can stay ahead of regulatory changes and ensure compliance with environmental, health, and safety standards, reducing the risk of legal issues and penalties.

Risk Reduction: By proactively managing hazards and risks, SAP EHS helps reduce the potential for workplace accidents and environmental incidents, safeguarding employees and the environment.

Operational Efficiency: Automating and centralizing EHS processes leads to significant improvements in operational efficiency, enabling companies to manage EHS tasks more effectively and with fewer resources.

Sustainability Promotion: SAP EHS supports sustainable business practices by enabling companies to monitor and reduce their environmental impact, aligning with global sustainability goals and improving corporate image.

Data-Driven Decision Making: The unified platform aggregates data from various sources, providing valuable insights that help in making informed decisions regarding EHS initiatives and improvements.

Functionalities

The SAP EHS (Environment, Health, and Safety) system is equipped with a suite of functionalities designed to address the comprehensive needs of businesses in maintaining a safe, healthy, and environmentally responsible operation. Here's a closer look at these functionalities and how they support enterprises in achieving their EHS goals:

1. Employee Health and Safety Functionality

This functionality is foundational to fostering a safe work environment and promoting employee well-being. It encompasses a range of tools for hazard identification, risk assessment, incident management, and health surveillance. With these capabilities, companies can proactively manage workplace risks, comply with occupational health and safety regulations, and implement preventive measures to reduce the incidence of workplace injuries and illnesses. Features like injury and illness reporting, safety training management, and health monitoring are integral to maintaining a culture of safety and health within the organization.

2. Product Safety Functionality

Ensuring product safety is paramount in today’s regulatory environment. SAP EHS's Product Safety functionality helps organizations manage the safety aspects of their products across the entire lifecycle, from design and production to distribution and disposal. This includes managing Safety Data Sheets (SDS), ensuring proper labeling and packaging, and conducting safety assessments. By enabling compliance with global and local product safety regulations, this functionality helps businesses protect consumers, avoid legal and financial penalties, and maintain their reputation in the market.

3. Environmental Compliance Management Functionality

Environmental compliance management is critical for businesses looking to adhere to environmental laws and regulations, such as emissions reporting, waste management, and water quality standards. SAP EHS provides tools for tracking environmental impacts, managing permits and reporting requirements, and conducting audits and inspections. This functionality supports businesses in their efforts to minimize their environmental footprint, manage waste responsibly, and ensure continuous compliance with evolving environmental regulations.

4. Product and REACH Compliance Functionality

Product compliance is essential for navigating the complex landscape of global trade and market access requirements. This includes managing substances, ensuring compliance with regulations like REACH (Registration, Evaluation, Authorization, and Restriction of Chemicals), and maintaining product documentation and certifications. SAP EHS’s Product and REACH Compliance functionalities offer a robust framework for managing these requirements, facilitating compliance with substance regulations, and ensuring that products meet the necessary safety and environmental standards before they reach the market.

What skills will you learn?

Understanding and leveraging specific tools, software, or methodologies relevant to your field.

The ability to analyze situations, identify problems, and develop logical solutions.

Effective verbal and written communication skills, including the ability to present information clearly and persuasively.

Skills in organizing, planning, and executing projects to meet objectives within constraints of time, budget, and scope.

The capability to collect, process, and interpret data to inform decisions.

Leading teams effectively, motivating others, and managing conflicts.

The ability to adjust to new conditions, technologies, and challenges quickly.

Conclusion

SAP EHS online training by Multisoft Systems stands as a testament to SAP's commitment to supporting organizations in their environmental, health, and safety efforts. As businesses increasingly recognize the importance of sustainable practices and workplace safety, SAP EHS emerges as an essential tool for managing these critical aspects effectively. By leveraging SAP EHS, companies can not only ensure compliance and reduce risks but also contribute positively to their community and the environment, paving the way for a more sustainable future.

[enterprisewired]

The Crucial ERP System Examples: Transforming Business Operations

In today’s fiercely competitive business realm, the quest for operational efficiency and streamlined management is paramount. Enterprise Resource Planning (ERP) systems stand tall as technological marvels, revolutionizing the way businesses operate. These robust software solutions amalgamate various functions within a unified framework, enabling seamless coordination across departments and facilitating data-driven decision-making.

This exploration ventures into the realm of ERP systems, shedding light on a spectrum of exemplary solutions that have reshaped modern business operations. From stalwarts like SAP ERP and Oracle ERP Cloud to innovative players like Microsoft Dynamics 365 and Odoo, each system represents a unique amalgamation of features, functionalities, and industry applications.

This comprehensive journey traverses the functionalities, industry adaptability, and transformative potentials of these ERP systems. Understanding their intricacies is pivotal for businesses seeking to optimize processes, unlock efficiencies, and navigate the complexities of today’s business landscape. Join this insightful exploration to unravel the significance and impact of these ERP system examples in shaping the future of business operations.

ERP System Examples

 1. SAP ERP: Revolutionizing Business Management

SAP ERP has solidified its position as a leader by providing an all-encompassing suite covering critical business functions. Beyond its core modules in finance, HR, and supply chain, SAP offers specialized applications for industry-specific needs. For instance, SAP S/4HANA, an intelligent ERP, integrates AI and analytics for real-time insights, empowering businesses to adapt swiftly to market changes.

The scalability of SAP ERP is noteworthy, catering to startups aiming for growth and global corporations managing complex operations. It provides modular solutions, enabling businesses to adopt specific functionalities based on their immediate needs.

2. Oracle ERP Cloud: Innovating Operations in the Cloud

Oracle ERP Cloud’s robust suite extends far beyond traditional ERP capabilities. It embraces emerging technologies like AI, machine learning, and blockchain to drive innovation. Its predictive analytics empower businesses to anticipate market trends, optimize supply chains, and mitigate risks effectively.

The cloud-based structure of Oracle ERP Cloud ensures not just accessibility but also scalability without compromising security. It enables seamless integration with other Oracle Cloud applications, fostering a unified ecosystem for comprehensive business management.

3. Microsoft Dynamics 365: Integrating CRM and ERP Capabilities

Microsoft Dynamics 365 is a fusion of CRM and ERP functionalities, providing a holistic platform for businesses. Unlike its core ERP modules, Dynamics 365 offers advanced tools for customer engagement, field service, and marketing automation. Its flexibility lies in its modularity, allowing businesses to tailor their systems by choosing specific applications that align with their objectives.

Moreover, its integration with Microsoft Office 365 and Power Platform strengthens collaboration and data analysis, facilitating informed decision-making across departments.

4. NetSuite: Empowering Diverse Industries

NetSuite’s cloud-based ERP system addresses the complex needs of various industries. Its suite encompasses solutions for financial management, e-commerce, and inventory control. Beyond the core ERP functionalities, NetSuite offers industry-specific modules, such as SuiteCommerce for retail businesses and SuiteSuccess for services, enhancing its appeal across diverse sectors.

The scalability and adaptability of NetSuite make it a preferred choice for businesses experiencing rapid growth or seeking to expand into new markets.

5. Infor ERP: Tailored Solutions for Specific Sectors

Infor’s industry-specific ERP solutions cater to the nuanced requirements of sectors like healthcare, manufacturing, and distribution. In addition to its standard ERP functionalities, Infor focuses on specialized applications such as Infor CloudSuite Healthcare for healthcare organizations and Infor LN for manufacturing, ensuring tailored solutions for sector-specific challenges.

Infor’s commitment to innovation and addressing sector-specific complexities underscores its relevance in the ERP landscape.

6. Epicor ERP: Amplifying Industry Operations

Epicor ERP excels in catering to industries such as manufacturing, distribution, retail, and services. Its core ERP functionalities are complemented by advanced analytics and business intelligence tools. Epicor’s Smart Inventory Planning and Optimization (IPO) tool, for instance, utilizes AI to enhance inventory management, improving efficiency and reducing costs.

Moreover, its agile architecture enables easy customization and integration with third-party applications, providing businesses with a highly adaptable solution.

7. Odoo: Flexibility and Customization

Odoo’s open-source ERP system offers an extensive suite of applications covering CRM, inventory management, project management, and more. What sets Odoo apart is its modular nature, allowing businesses to select and integrate specific applications as per their requirements. Odoo’s flexibility and affordability are especially beneficial for small to medium-sized enterprises seeking customizable solutions without exorbitant costs.

The Value of ERP Systems in Modern Business

ERP systems serve as catalysts for efficiency, productivity, and growth:

Streamlined Operations: Automating tasks streamlines processes, reducing manual errors and optimizing resource allocation.

Enhanced Data Management: Centralized databases ensure data consistency and accuracy, fostering informed decision-making.

Agile Decision-Making: Real-time data access empowers businesses to make agile decisions, staying ahead in dynamic markets.

Customer-Centric Approach: Integrated CRM functionalities enable businesses to deliver personalized services, boosting customer satisfaction and loyalty.

Making Informed Choices: Selecting the Right ERP System

The process of choosing an ERP system involves careful evaluation and alignment with a business’s unique needs. Understanding the scalability, integration capabilities, and industry-specific functionalities of each system is crucial for successful adoption.

Conclusion: Embracing ERP Systems for Sustainable Growth

The landscape of ERP systems continues to evolve, offering businesses versatile solutions to streamline operations, enhance efficiency, and foster sustainable growth. From SAP’s scalability to Oracle’s cloud-driven innovation and Odoo’s customization prowess, each system exemplifies the diverse capabilities shaping modern business management.

Selecting the right ERP system aligned with specific needs remains pivotal for organizations seeking resilience and competitiveness. As businesses strive for optimization and adaptability, embracing these transformative technologies ensures a strategic advantage in an ever-evolving market. It stands as a pillar of efficiency, empowering businesses to navigate complexities and drive success through informed decisions and streamlined operations.

Also Read: A Deep Dive into Corporate Wellness Programs for a Healthier, Happier Workplace

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Career Paths for SAP S/4 HANA FI Certified Professionals

In today's rapidly evolving business landscape, organizations need to leverage data and technology to stay competitive. One of the key players in this arena is SAP, a global leader in enterprise software solutions. SAP's S/4 HANA Financial Accounting (FI) module has become integral to the operations of countless organizations, making certified professionals in this field highly sought after. 

If you're considering a career in SAP S/4 HANA FI, you'll be pleased to know that there are numerous career paths open to you. In this article, we'll explore nine exciting career options for SAP S/4 HANA FI certified professionals.Before we get into these job choices, Finprov Learning is a reliable platform that offers high-quality SAP training and certification programs. Finprov Learning can help you succeed in this industry and obtain your needed skills.

Careers in SAP S/4 HANA FI

SAP S/4 HANA FI Consultant

To implement, adapt, and improve your client's financial accounting systems, you will collaborate closely with them as a SAP S/4 HANA FI consultant. This position includes reviewing business procedures, setting up SAP systems, and offering continuous assistance and training.

Financial Analyst

S/4 HANA SAP Professionals with FI certification are well-suited for employment as financial analysts. They can use their knowledge of SAP systems to analyze financial data, provide reports, and offer insights to help organizations make better decisions.

SAP S/4 HANA FI Project Manager

In SAP implementations, project management is essential. Strong communicators and project managers who are SAP S/4 HANA FI certified may successfully oversee the planning and implementation of SAP projects.

SAP S/4 HANA FI System Administrator

SAP systems need to be maintained and troubleshot by system administrators. You can operate as a system administrator, ensuring the efficient operation of financial modules and resolving any technical issues if you have certification in SAP S/4 HANA FI.

SAP S/4 HANA FI Trainer

If you enjoy teaching and are passionate about SAP, consider becoming an SAP S/4 HANA FI trainer. Many organizations require in-house employee training, and your expertise can be invaluable in this role.

SAP S/4 HANA FI Data Analyst

Data analytics is a growing field, and SAP S/4 HANA FI-certified professionals can apply their skills to extract valuable insights from financial data. This career path involves using tools like SAP Analytics Cloud to analyze and visualize financial information.

SAP S/4 HANA FI Auditor

Financial audits are a crucial part of any business. SAP S/4 HANA FI certified professionals can work as auditors, ensuring financial compliance, risk management, and fraud detection within organizations.

SAP S/4 HANA FI Solution Architect

Solution architects design and plan the implementation of SAP solutions, ensuring they align with business objectives. With certification in SAP S/4 HANA FI, you can become a solution architect, shaping the financial systems of the future.

SAP S/4 HANA FI Business Analyst

Business analysts bridge the gap between technical SAP knowledge and business processes. They evaluate how SAP solutions can meet specific business needs and work on improving financial processes.

Conclusion

The certified SAP S/4 HANA FI professional opens doors to numerous exciting and financially rewarding opportunities. Whether you're inclined to work closely with clients, delve into data analysis, or manage projects, there's a career path tailored to your unique skills and interests. The demand for SAP S/4 HANA FI experts is on a consistent rise, cementing it as a prudent choice for those seeking success in the dynamic realm of finance and technology. And if you're contemplating a career in this field, rest assured that the possibilities are extensive, and the future looks promising. To kickstart your SAP S/4 HANA FI journey, consider Finprov Learning, where you'll find top-notch resources and guidance to excel in this flourishing domain. With Finprov Learning, your career possibilities in SAP S/4 HANA FI are bound to expand.

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Why SAP global certification is the Best program for career growth & global job opportunity?

What is SAP? SAP is System Application and Products in Data processing. Nowadays having a proper certification can significantly boost ones career and open doors for global job opportunities. One such leading programs is SAP which provides enterprise software solutions. SAP software is an European multinational company, they focus on providing software solutions for better understanding and management of business and their customers.

Some of the comprehensive courses provided by SAP are finance, logistics, human resources and many more. The course certification is acknowledged on global basis.

One of the key advantages of the SAP global certification program is its recognition worldwide. With over 400,000 customers in more than 180 countries using SAP solutions, there is a high demand for professionals with SAP skills across the globe .This opens up a plethora of job opportunities on a global scale.

Benefits of SAP courses

Streamlined Processes: SAP helps organizations streamline their business processes by automating tasks, eliminating the manual effort, and reducing inefficiencies.

Enhanced Decision-Making: the course provides robust data management and analytics capabilities, enabling organizations to access real-time, accurate information.

Improved Collaboration and Communication: It enables the seamless integration and data exchange between different functional areas, enhancing cross-functional collaboration and teamwork.

Increased Visibility and Control: SAP offers comprehensive visibility into organizational data, processes, and operations.

Scalability and Flexibility: SAP solutions are scalable and flexible, accommodating the changing needs and growth of organizations.

Enhanced Customer Experience: SAP's customer relationship management (CRM) solutions enable organizations to deliver a personalized and exceptional customer experience.

Improved Supply Chain Management: It enables organizations to improve demand planning, inventory management, procurement, and logistics, resulting in reduced costs, improved order fulfillment, and better customer satisfaction.

Compliance and Risk Management:  It provides functionalities for governance, risk management, and compliance (GRC), helping organizations mitigate risks, ensure data security, and demonstrate compliance with legal and industry regulations.

Innovation and Digital Transformation: SAP embraces emerging technologies and drives innovation to support organizations in their digital transformation journey.

As multinational companies expand their operations across borders, they require professionals who can support and manage their SAP software system worldwide. This opens up many possibilities for career growth in international work experiences and also being an SAP certified professional it can also lead to higher earning potential, individuals with an SAP certificates tend to earn more as compared to their non-certified counterparts. This financial incentive further emphasizes the value of investing in an SAP global certification for career growth.

Job opportunities in SAP

SAP Consultant: SAP consultants provide expertise and guidance on implementing, configuring, and customizing SAP solutions to meet the specific needs of organizations

SAP Functional Analyst: SAP functional analysts focus on understanding business requirements and translating them into functional specifications for SAP solutions.

SAP Technical Developer: They are responsible for developing, customizing, and maintaining SAP applications.

SAP Project Manager: SAP project managers oversee the planning, execution, and delivery of SAP implementation or upgrade projects

SAP Administrator: SAP Basis administrators manage the technical infrastructure of SAP systems. They are responsible for system installation, configuration, monitoring, performance optimization, and security management of SAP landscapes

SAP Data Analyst: SAP data analysts focus on managing and analyzing data within SAP systems. They extract and manipulate data, perform data validation, create reports and dashboards.

SAP Supply Chain Consultant: SAP supply chain consultants work on projects related to supply chain management, procurement, inventory management, logistics, and production planning using SAP solutions.

Why is SAP global certification important?

SAP Global Certification is important as it validates an individual’s skills, acquires an industry recognition, provides a competitive advantage, strengthens career opportunities, opens up global job prospects, promotes continuous learning, and instills employer confidence. Thus considered a valuable investment for professionals seeking career growth in the field of SAP and for organizations looking to hire skilled SAP professionals.

[adiinstitute]

The Best Certificate Courses to Elevate Your Career in 2025: CILT, SAP, ASNT, and BSMT

Why Certification Matters More Than Ever

In today’s competitive job market, having a degree is simply not enough. Employers seek professionals with industry-specific certifications that prove both expertise and commitment. Certification courses not only enhance your knowledge but also increase employability, improve career growth opportunities, and establish global credibility.

Among the vast array of options, four standout certifications dominate in 2025: ✅ CILT — Chartered Institute of Logistics and Transport ✅ SAP — SAP Training and Certification ✅ ASNT — ASNT Certification ✅ BSMT — BSMT Certification

These are recognized across multiple industries including logistics, oil & gas, IT, construction, and quality assurance. Whether you’re a student or a working professional, investing in these courses is a game-changing move for your career.

1. CILT — Chartered Institute of Logistics and Transport [Keyword]

What is CILT Certification?

CILT, or the Chartered Institute of Logistics and Transport, is a globally recognized professional body for those involved in logistics, transport, and supply chain management. Established in the UK, CILT qualifications are now accepted in over 30 countries.

Who Should Pursue It?

This certification is perfect for:

Aspiring supply chain professionals

Mid-level managers looking to upskill

Logistics coordinators and freight specialists

Career Opportunities

With a CILT certification, doors open to positions like:

Logistics Manager

Supply Chain Analyst

Transport Coordinator

Procurement Officer

Why It Stands Out?

CILT training equips candidates with a holistic view of logistics operations, global supply chain networks, and sustainable transport solutions. Employers value CILT because it blends practical skills with strategic thinking — two essentials in a globalized economy.

2. SAP — SAP Training and Certification [Keyword]

What is SAP Certification?

SAP (Systems, Applications, and Products) is the world’s leading enterprise resource planning (ERP) software. SAP training and certification validate your skills in managing business processes using SAP software.

Who Should Consider It?

Ideal for:

IT professionals

Business analysts

Accounting and HR professionals

ERP consultants

Carrer Benefits

SAP-certified professionals are in demand across industries including manufacturing, finance, healthcare, and retail. Job roles include:

SAP Consultant

Business Process Analyst

ERP Project Manager

Data Analyst

Global Scope

Because SAP software is used by over 75% of Fortune 500 companies, this certification gives you a passport to global job opportunities. It also increases your chances of landing high-paying roles in enterprise environments.

3. ASNT — ASNT Certification [Keyword]

What is ASNT?

The American Society for Nondestructive Testing (ASNT) is a leading authority in nondestructive testing (NDT). ASNT Certification qualifies professionals to test materials and structures without causing damage — essential in sectors like oil & gas, construction, aviation, and manufacturing.

Who Should Go for ASNT?

This course is vital for:

Quality control engineers

Mechanical inspectors

Safety officers

Civil engineers

Levels of Certification

ASNT offers multiple levels including:

Level I: Basic knowledge and supervised testing

Level II: Data interpretation and technique selection

Level III: Advanced-level management of testing procedures

Career Boost

Certified professionals can work as:

NDT Technicians

QA/QC Inspectors

Maintenance Engineers

Welding Inspectors

Employers seek ASNT-certified professionals for their precision, reliability, and safety-first approach — especially in high-risk industries.

4. BSMT — BSMT Certification [Keyword]

What is BSMT?

BSMT (Business School of Management and Technology) is an internationally recognized UK-based certification body. It specializes in business management, project planning, and leadership training.

Who Should Enroll?

Perfect for:

Young professionals

Project managers

Business consultants

Entrepreneurs

Career Scope

BSMT-certified professionals can explore roles like:

Project Manager

Business Development Executive

Team Lead

Administrative Coordinator

This certification enhances both technical and interpersonal skills, preparing you for leadership roles in dynamic, multicultural environments.

Best Courses That Pair with These Certifications

While the certifications offer specialized industry credibility, they are best leveraged when paired with foundational knowledge in related fields. Here are some ideal course and certification pairings:

CertificateRecommended CourseCILTLogistics & Supply Chain ManagementSAPCorporate Accounting / HRM & Office AdministrationASNTQA QC / Construction ManagementBSMTHospital Administration / Digital Marketing With AI & Designing

These combinations not only strengthen your resume but also make you a more versatile professional, prepared for multi-dimensional challenges.

Why 2025 is the Right Time to Get Certified

With advancements in automation, AI, and globalization, industries are evolving rapidly. Professionals equipped with global certifications will be ahead of the curve. Here’s why now is the right time:

Digital Transformation: Companies are automating processes and need certified talent.

Remote Opportunities: Global certification means global jobs — even remote ones.

Higher Salaries: Certified professionals earn up to 30% more on average.

Industry Trust: Certifications build credibility faster than experience alone.

Where to Get Certified?

If you’re wondering where to get these valuable certifications, Adi Group of Institutions is a trusted choice. Without overwhelming you with details, here’s why it’s recommended:

Offers certifications from CILT (UK) and BSMT (UK)

Provides expert-led training for SAP and ASNT

Combines practical experience with global course content

Supports with 100% placement assistance and internships

International exposure through accreditations and industry visits

Whether you’re choosing a course in Digital Marketing with AI, QA/QC, or Hospital Administration, Adi ensures you’re industry-ready and certification-prepared.

Final Thoughts

The job market in 2025 demands more than just degrees — it requires proof of skill, commitment, and expertise. Certifications like CILT, SAP, ASNT, and BSMT not only validate your proficiency but set you apart in the global talent pool.

Investing in the best certificate courses today ensures a secure, scalable, and successful tomorrow.

[newspressx]

United States Sales Tax Compliance Software Market Size, Restraints & Future Trends 2032

United States Sales Tax Compliance Software Market Overview The United States Sales Tax Compliance Software Market is experiencing significant momentum, currently valued at approximately USD 2.3 billion in 2024. With the ever-evolving regulatory environment and the increasing digitalization of tax reporting processes, the market is projected to grow at a compound annual growth rate (CAGR) of 9.1% through 2032, reaching an estimated value of USD 4.6 billion. Key growth drivers include the complexity of U.S. state and local tax regulations, a surge in e-commerce transactions, and heightened enforcement by tax authorities. The integration of AI-based tax analytics and cloud-based platforms is further propelling the adoption of automated tax compliance solutions among enterprises, especially SMEs and large e-retailers. United States Sales Tax Compliance Software Market Dynamics Drivers: The growing complexity of multistate tax regulations, coupled with the rise of remote sales and digital marketplaces, is prompting businesses to adopt robust tax compliance tools. Automation minimizes the risk of non-compliance and audit exposure. Additionally, government mandates around real-time tax data submission and digitized audit trails are reinforcing the need for advanced solutions. Restraints: High initial implementation costs and the complexity of integrating sales tax solutions with legacy ERP systems are limiting adoption among small enterprises. Data security concerns and inconsistencies in regulatory frameworks across states also present challenges. Opportunities: The market holds lucrative potential in verticals such as e-commerce, SaaS platforms, logistics, and finance. As businesses expand their footprint across jurisdictions, demand for scalable, cloud-native, and AI-driven tax engines is expected to soar. Regulatory harmonization and federal-level digital initiatives could unlock new avenues for software vendors. Role of Technology, Regulations, and Sustainability: Cloud computing, AI, and machine learning are revolutionizing the way businesses manage transactional tax obligations. Real-time compliance, predictive tax forecasting, and digital tax dashboards are becoming essential. Sustainability is influencing back-office transformations, driving the shift to paperless, cloud-based operations that reduce carbon footprints and increase efficiency. Download Full PDF Sample Copy of United States Sales Tax Compliance Software Market Report @ https://www.verifiedmarketresearch.com/download-sample?rid=75281&utm_source=PR-News&utm_medium=353 United States Sales Tax Compliance Software Market Trends and Innovations Emerging technologies such as AI-powered tax calculation engines, blockchain-enabled audit trails, and API-first integrations are shaping the competitive landscape. Vendors are increasingly offering plug-and-play integrations with popular ERP platforms like SAP, Oracle, QuickBooks, and NetSuite. Innovations in user experience, such as intuitive dashboards and predictive analytics, are simplifying tax filing processes. Strategic collaborations between fintech firms and compliance software providers are fostering rapid innovation and expanding feature sets. Moreover, Software-as-a-Service (SaaS) delivery models are gaining traction due to their cost efficiency and scalability. Increased focus on cybersecurity features, like end-to-end encryption and SOC 2 compliance, is enhancing trust among enterprise users. United States Sales Tax Compliance Software Market Challenges and Solutions Challenges: One of the primary obstacles is the fragmented and frequently changing nature of tax codes across more than 13,000 U.S. jurisdictions. This creates a substantial compliance burden. Additionally, supply chain disruptions and inflationary pressures are impacting pricing models, particularly for small businesses evaluating software ROI. Limited tax expertise among internal staff also adds complexity. Solutions: Vendors are offering modular,

cloud-based solutions with regular regulatory updates and jurisdiction-specific tax mapping. Training modules, AI-based knowledge centers, and real-time customer support are improving usability. Partnerships with tax consultants and automation of data collection through e-invoicing and OCR technologies are enhancing compliance accuracy and reducing human error. United States Sales Tax Compliance Software Market Future Outlook The market’s future outlook is robust, driven by continuous regulatory changes, increasing adoption of e-invoicing mandates, and the rise of digital-first business models. The adoption of real-time tax engines will become mainstream, especially as more states move toward automated digital tax reporting. SMEs will gradually embrace automated compliance due to falling costs and simplified deployment models. Cloud-native platforms, cross-border tax solutions, and mobile-compatible compliance tools will dominate future product strategies. AI and big data analytics will play a pivotal role in enabling proactive compliance and real-time decision-making. As tax authorities push for higher transparency and digital audits, businesses will increasingly turn to agile, scalable solutions that ensure seamless and future-ready tax compliance. Key Players in the United States Sales Tax Compliance Software Market United States Sales Tax Compliance Software Market are renowned for their innovative approach, blending advanced technology with traditional expertise. Major players focus on high-quality production standards, often emphasizing sustainability and energy efficiency. These companies dominate both domestic and international markets through continuous product development, strategic partnerships, and cutting-edge research. Leading manufacturers prioritize consumer demands and evolving trends, ensuring compliance with regulatory standards. Their competitive edge is often maintained through robust R&D investments and a strong focus on exporting premium products globally.   Avalara Vertex Inc Thomson Reuters Corporation Taxjar Ryan LLC Sovos Compliance LLC TaxCloud Wolters Kluwer Xero Limited and Sage Group.   Get Discount On The Purchase Of This Report @ https://www.verifiedmarketresearch.com/ask-for-discount?rid=75281&utm_source=PR-News&utm_medium=353 United States Sales Tax Compliance Software Market Segments Analysis and Regional Economic Significance The United States Sales Tax Compliance Software Market is segmented based on key parameters such as product type, application, end-user, and geography. Product segmentation highlights diverse offerings catering to specific industry needs, while application-based segmentation emphasizes varied usage across sectors. End-user segmentation identifies target industries driving demand, including healthcare, manufacturing, and consumer goods. These segments collectively offer valuable insights into market dynamics, enabling businesses to tailor strategies, enhance market positioning, and capitalize on emerging opportunities. The United States Sales Tax Compliance Software Market showcases significant regional diversity, with key markets spread across North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. Each region contributes uniquely, driven by factors such as technological advancements, resource availability, regulatory frameworks, and consumer demand. United States Sales Tax Compliance Software Market, By Type • Cloud Based• On-premises United States Sales Tax Compliance Software Market, By Application • Large Enterprises• SMEs United States Sales Tax Compliance Software Market By Geography • North America• Europe• Asia Pacific• Latin America• Middle East and Africa For More Information or Query, Visit @ https://www.verifiedmarketresearch.com/product/united-states-sales-tax-compliance-software-market/ About Us: Verified Market Research Verified Market Research is a leading Global Research and Consulting firm servicing over 5000+ global clients.

We provide advanced analytical research solutions while offering information-enriched research studies. We also offer insights into strategic and growth analyses and data necessary to achieve corporate goals and critical revenue decisions. Our 250 Analysts and SMEs offer a high level of expertise in data collection and governance using industrial techniques to collect and analyze data on more than 25,000 high-impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise, and years of collective experience to produce informative and accurate research. Contact us: Mr. Edwyne Fernandes US: +1 (650)-781-4080 US Toll-Free: +1 (800)-782-1768 Website: https://www.verifiedmarketresearch.com/ Top Trending Reports https://www.verifiedmarketresearch.com/ko/product/credit-rating-market/ https://www.verifiedmarketresearch.com/ko/product/credit-risk-database-market/ https://www.verifiedmarketresearch.com/ko/product/cremation-equipment-market/ https://www.verifiedmarketresearch.com/ko/product/cricket-batting-gloves-market/ https://www.verifiedmarketresearch.com/ko/product/crisis-management-software-market/

[suchi05]

SAP Risk Management | SAP GRC RM | Governance Risk & Compliance | ToggleNow

At ToggleNow, we understand that exhaustive lists of risks can overwhelm and often become irrelevant, leading to inefficiencies. Our approach emphasizes focusing on value and core business activities in risk management. We believe that prioritizing risks impacting value and business performance is crucial, even if it means concentrating on a smaller yet more impactful segment of the business.

Our commitment lies in streamlining risk management efforts by leveraging SAP Risk Management. This comprehensive solution fosters collaboration and ensures consistency throughout your organization. We empower businesses to navigate risks effectively while concentrating efforts where risk managers can make the most significant contributions.

Read more: https://togglenow.com/services/sap-risk-management/

[sapbasissolution]

The Backbone of Enterprise IT: Understanding the Value of SAP Basis Support

In today’s digitally driven enterprises, seamless business operations rely heavily on stable, secure, and well-managed IT systems. Among the many foundational elements that support enterprise resource planning (ERP) platforms like SAP, SAP Basis support plays a critical role in ensuring system reliability and performance. Acting as the bridge between the application layer and the operating system, SAP Basis is essentially the backbone of any SAP environment.

SAP Basis administrators are responsible for a wide range of tasks—from installation and configuration to monitoring, troubleshooting, and performance tuning. Without effective Basis support, even the most advanced SAP solutions can experience downtime, security risks, and performance bottlenecks. That’s why businesses across various industries are investing in expert SAP Basis services to maintain operational continuity and safeguard enterprise data.

One of the most strategic areas where SAP Basis proves its importance is SAP BTP Role Management. The SAP Business Technology Platform (BTP) enables organizations to integrate, extend, and innovate SAP applications with agility. However, to leverage its full potential, it’s essential to have precise control over user roles and access privileges. SAP Basis teams often take the lead in configuring these roles, ensuring that users have access only to the resources they need—nothing more, nothing less.

When role management is handled effectively within SAP BTP, enterprises benefit from enhanced security, reduced compliance risks, and improved operational efficiency. Mismanagement, on the other hand, can open the door to unauthorized access, data leaks, and potential system compromise. That’s why aligning SAP Basis support with BTP access control policies is no longer optional—it’s a strategic imperative.

Beyond just role configuration, SAP Basis professionals also support patch updates, system upgrades, data backups, and performance analysis. Their role is proactive rather than reactive, constantly fine-tuning the system to prevent issues before they arise. This not only boosts user productivity but also enhances the overall lifecycle management of SAP systems.

Enterprises seeking to modernize their SAP infrastructure—especially those migrating to SAP S/4HANA or adopting SAP BTP—should prioritize strong SAP Basis support. Whether you are running critical financial systems or customer-facing applications, ensuring optimal backend performance is non-negotiable.

To dive deeper into the role and importance of SAP Basis support in an enterprise, check out this detailed guide: 👉 SAP Basis Support Service: Role and Importance in an Enterprise

In summary, SAP Basis isn’t just a technical function—it’s a strategic business enabler. From maintaining system integrity to supporting advanced SAP BTP Role Management, a strong Basis foundation ensures that enterprise IT runs smoothly, securely, and efficiently.

[impossiblegardenpeanut]

Top Benefits of Informatica Intelligent Cloud Services: Empowering Scalable and Agile Enterprises

Introduction In an increasingly digital and data-driven landscape, enterprises are under pressure to unify and manage vast volumes of information across multiple platforms—whether cloud, on-premises, or hybrid environments. Traditional integration methods often result in data silos, delayed decision-making, and fragmented operations. This is where Informatica Intelligent Cloud Services (IICS) makes a transformative impact—offering a unified, AI-powered cloud integration platform to simplify data management, streamline operations, and drive innovation.

IICS delivers end-to-end cloud data integration, application integration, API management, data quality, and governance—empowering enterprises to make real-time, insight-driven decisions.

What Are Informatica Intelligent Cloud Services?

Informatica Intelligent Cloud Services is a modern, cloud-native platform designed to manage enterprise data integration and application workflows in a secure, scalable, and automated way. Built on a microservices architecture and powered by CLAIRE®—Informatica’s AI engine—this solution supports the full spectrum of data and application integration across multi-cloud, hybrid, and on-prem environments.

Key capabilities of IICS include:

Cloud data integration (ETL/ELT pipelines)

Application and B2B integration

API and microservices management

Data quality and governance

AI/ML-powered data discovery and automation

Why Informatica Cloud Integration Matters

With growing digital complexity and decentralized IT landscapes, enterprises face challenges in aligning data access, security, and agility. IICS solves this by offering:

Seamless cloud-to-cloud and cloud-to-on-prem integration

AI-assisted metadata management and discovery

Real-time analytics capabilities

Unified governance across the data lifecycle

This enables businesses to streamline workflows, improve decision accuracy, and scale confidently in dynamic markets.

Core Capabilities of Informatica Intelligent Cloud Services

1. Cloud-Native ETL and ELT Pipelines IICS offers powerful data integration capabilities using drag-and-drop visual designers. These pipelines are optimized for scalability and performance across cloud platforms like AWS, Azure, GCP, and Snowflake. Benefit: Fast, low-code pipeline development with high scalability.

2. Real-Time Application and Data Synchronization Integrate applications and synchronize data across SaaS tools (like Salesforce, SAP, Workday) and internal systems. Why it matters: Keeps enterprise systems aligned and always up to date.

3. AI-Driven Metadata and Automation CLAIRE® automatically detects data patterns, lineage, and relationships—powering predictive mapping, impact analysis, and error handling. Pro Tip: Reduce manual tasks and accelerate transformation cycles.

4. Unified Data Governance and Quality IICS offers built-in data quality profiling, cleansing, and monitoring tools to maintain data accuracy and compliance across platforms. Outcome: Strengthened data trust and regulatory alignment (e.g., GDPR, HIPAA).

5. API and Microservices Integration Design, deploy, and manage APIs via Informatica’s API Manager and Connectors. Result: Easily extend data services across ecosystems and enable partner integrations.

6. Hybrid and Multi-Cloud Compatibility Support integration between on-prem, private cloud, and public cloud platforms. Why it helps: Ensures architectural flexibility and vendor-neutral data strategies.

Real-World Use Cases of IICS

🔹 Retail Synchronize POS, e-commerce, and customer engagement data to personalize experiences and boost revenue.

🔹 Healthcare Unify patient data from EMRs, labs, and claims systems to improve diagnostics and reporting accuracy.

🔹 Banking & Finance Consolidate customer transactions and risk analytics to detect fraud and ensure compliance.

🔹 Manufacturing Integrate supply chain, ERP, and IoT sensor data to reduce downtime and increase production efficiency.

Benefits at a Glance

Unified data access across business functions

Real-time data sharing and reporting

Enhanced operational agility and innovation

Reduced integration costs and complexity

Automated data governance and quality assurance

Cloud-first architecture built for scalability and resilience

Best Practices for Maximizing IICS

✅ Standardize metadata formats and data definitions ✅ Automate workflows using AI recommendations ✅ Monitor integrations and optimize pipeline performance ✅ Govern access and ensure compliance across environments ✅ Empower business users with self-service data capabilities

Conclusion

Informatica Intelligent Cloud Services is more than a data integration tool—it’s a strategic enabler of business agility and innovation. By bringing together disconnected systems, automating workflows, and applying AI for smarter decisions, IICS unlocks the full potential of enterprise data. Whether you're modernizing legacy systems, building real-time analytics, or streamlining operations, Prophecy Technologies helps you leverage IICS to transform your cloud strategy from reactive to intelligent.

Let’s build a smarter, integrated, and future-ready enterprise—together.

[simplicontract1]

SimpliContract Reinvents Legal Operations with Advanced AI-Powered Contract Management Software

SimpliContract, a leading innovator in legal and business process automation, has once again raised the bar by delivering state-of-the-art Contract Management Software AI capabilities to streamline and secure the end-to-end lifecycle of contracts. With an eye on digital transformation and operational excellence, SimpliContract is shaping the future of Contract Management Technology with its AI-powered platform tailored for enterprises, legal teams, procurement officers, and sales professionals.

In today’s dynamic and compliance-driven environment, managing contracts manually leads to inefficiencies, risks, and missed opportunities. SimpliContract’s platform addresses these challenges with intelligent automation, predictive analytics, and best-in-class collaboration features—making it one of the most preferred Contract Management Vendors in the global enterprise ecosystem.

AI Meets Contract Lifecycle Management

At the heart of SimpliContract’s innovation is the integration of artificial intelligence that empowers organizations to automate routine tasks, extract insights, and ensure compliance at scale. The AI-powered contract management software allows users to draft, review, approve, and monitor contracts with greater speed and accuracy. Through intelligent clause extraction, risk scoring, and deviation analysis, legal and business teams gain complete visibility and control over their contract workflows.

Contracts are more than just documents; they are strategic assets. Our goal is to transform contract management from a back-office function into a proactive, data-driven capability using intelligent Contract Management Technology.

Streamlined Contract Monitoring & Compliance

SimpliContract empowers organizations to implement Contract Monitoring Best Practices through real-time tracking, smart alerts, and obligation management. Whether managing renewals, deadlines, or compliance milestones, the platform ensures that no critical task falls through the cracks. The AI-powered contract intelligence provides executives with actionable insights that support audit readiness, vendor evaluations, and strategic negotiations.

Trusted by Global Enterprises

SimpliContract is trusted by a growing number of global enterprises across industries such as manufacturing, healthcare, technology, finance, and retail. Providing seamless integrations with popular enterprise systems such as Salesforce, SAP, and Microsoft Dynamics, the AI-powered contract management solution fit easily into existing business workflows, delivering immediate ROI and long-term value.

Clients praise SimpliContract for its intuitive interface, flexibility, and enterprise-grade security. With SOC 2 compliance, role-based access, and data encryption, organizations can rely on the platform to meet their stringent regulatory and security requirements.

The Future of Contract Management

As organizations strive to become more agile and resilient, embracing AI-driven solutions is no longer optional—it is essential. SimpliContract is poised to lead this transformation by continuously evolving its platform to address emerging trends, regulatory changes, and user needs.

The company offers flexible deployment options, robust support services, and dedicated onboarding teams to ensure clients succeed in their digital transformation journey. Whether you are a growing startup or a global enterprise, SimpliContract stands out among Contract Management Vendors as a scalable, intelligent, and reliable partner.

For more information on SimpliContract and to request a demo, visit https://www.simplicontract.com

[cybersecurityict]

Vendor Risk Management Market Revolutionized by AI-Driven Risk Scoring Tools

The Vendor Risk Management Market was valued at USD 8.6 billion in 2023 and is expected to reach USD 30.3 billion by 2032, growing at a CAGR of 14.98% from 2024-2032.

Vendor Risk Management Market is experiencing notable growth as organizations intensify efforts to mitigate third-party risks, safeguard data, and ensure operational resilience. With increasing reliance on external vendors across industries, managing cybersecurity, compliance, and performance risks has become a top priority for both public and private enterprises.

U.S. Vendors Strengthen Cyber Risk Frameworks Amid Growing Digital Dependencies

Vendor Risk Management Market is driven by growing regulatory scrutiny, rising instances of data breaches, and the need for transparent supplier relationships. Companies are now adopting automated platforms to streamline risk assessments, ensure compliance, and proactively monitor vendor activities across the supply chain.

Get Sample Copy of This Report: https://www.snsinsider.com/sample-request/6629 

Market Keyplayers:

RSA Security – Archer Third Party Governance

MetricStream – Third-Party Risk Management

OneTrust – Vendorpedia

Prevalent Inc. – Prevalent Third-Party Risk Management Platform

BitSight Technologies – BitSight Security Ratings

NAVEX Global – RiskRate

ProcessUnity – Vendor Risk Management

LogicGate – Risk Cloud for Third-Party Risk Management

Riskonnect – Third-Party Risk Management Solution

SAI360 – Vendor Risk Management

Aravo Solutions – Aravo for Third-Party Risk Management

Galvanize (now part of Diligent) – Third-Party Risk Management

IBM Corporation – OpenPages Third-Party Risk Management

SAP SE – SAP Risk Management

Coupa Software – Coupa Third-Party Risk Management

Market Analysis

The market is being shaped by a mix of regulatory developments, technological advancements, and heightened awareness of third-party exposure. In sectors like finance, healthcare, and manufacturing, vendors often have access to sensitive data and infrastructure, making risk management essential. Organizations across the U.S. and Europe are now allocating larger budgets to VRM solutions that help prevent disruptions, reduce financial liabilities, and maintain brand reputation.

Market Trends

Growing adoption of AI and machine learning for real-time risk scoring

Integration of VRM tools with GRC (governance, risk, and compliance) platforms

Emphasis on continuous vendor monitoring vs periodic assessments

Rising demand for cloud-based VRM software with scalable architecture

Enhanced focus on ESG (Environmental, Social, Governance) risk tracking

Implementation of automated compliance workflows

Increase in due diligence for fourth-party and Nth-party vendors

Market Scope

As global supply chains become more complex, the Vendor Risk Management Market is broadening its impact across enterprise functions. It is no longer limited to IT or procurement but involves legal, finance, and compliance teams working together to assess and manage vendor performance and exposure.

Multi-tier vendor visibility and control

End-to-end lifecycle management of vendor risks

Centralized dashboards for compliance and audit tracking

Real-time alerts on risk deviations

Scalable deployment across global operations

Risk mapping to strategic objectives and KPIs

Forecast Outlook

The Vendor Risk Management Market is set to witness transformative growth as businesses seek agile, intelligent, and secure frameworks to govern third-party relationships. With increasing digital dependency and cross-border vendor operations, future-ready VRM systems will focus on proactive intelligence, regulatory adaptability, and deep integration capabilities. U.S. and European markets will remain core innovation hubs, supporting industry-wide resilience through advanced VRM strategies.

Access Complete Report: https://www.snsinsider.com/reports/vendor-risk-management-market-6629 

Conclusion

Vendor Risk Management is no longer an optional function—it is a strategic imperative. As organizations face rising threats from third-party vulnerabilities, the need for robust, transparent, and technology-driven risk practices becomes undeniable. For forward-looking enterprises across the U.S. and Europe, investing in next-gen VRM solutions means more than compliance—it’s a foundation for secure growth and long-term trust in an interconnected world.

About Us:

SNS Insider is one of the leading market research and consulting agencies that dominates the market research industry globally. Our company's aim is to give clients the knowledge they require in order to function in changing circumstances. In order to give you current, accurate market data, consumer insights, and opinions so that you can make decisions with confidence, we employ a variety of techniques, including surveys, video talks, and focus groups around the world.

Related Reports:

U.S.A. Insight Engines Market sees growing adoption across enterprises for smarter data discovery

U.S.A businesses accelerate investments in Sensitive Data Discovery solutions to boost regulatory readiness

U.S.A witnesses rapid adoption of In-Memory Computing for real-time analytics and faster data processing

Contact Us:

Jagney Dave - Vice President of Client Engagement

Phone: +1-315 636 4242 (US) | +44- 20 3290 5010 (UK)

Mail us: info@snsinsider.com

[touggulnow]

10 tips to safeguard your critical business data in SAP systems

Secure your Critical Business Data

Security and risk are becoming increasingly challenging as businesses become more connected. It requires data sharing between different systems, applications, and enterprises.

According to Forrester, companies will double their budgets for data strategy over the next five years and according to Gartner, transparency and traceability are among the Top Ten Strategic Technology Trends for 2022. Smart spaces, they claim, will offer better business opportunities.

It was found in another recent report by Onapsis that between 50,000 and 100,000 organizations use SAP systems that are vulnerable. An example that made the world aware of the importance of data security is the case with the New Zealand government. An immense data breach in which firearms, addresses, and names of gun owners were exposed led SAP itself to apologize to the government. There was no hacking involved in the breach, but 66 dealers got access to sensitive information because of a change in user access given to dealers participating in the buyback scheme.

“Between 50,000 to 100,000 organizations use SAP systems that are vulnerable.”

Apparently, SAP is working on various solutions to increase the security of data. In addition, it reminds clients that security is a collaborative effort, and emphasizes the importance of proper system configuration.

The importance of security in SAP

Data breaches and ransomware attacks are on the rise, and the global pandemic presents new opportunities for cybercriminals. Many employees today access corporate resources through virtual private networks (VPNs). The shift to remote work has resulted in a more permissive VPN policy, which compromises corporate networks in an indirect way.

There is a need for IT security teams to accomplish more with less budget or with the same budget. It is part of their job responsibility to manage day-to-day IT and security operations, find and retain skilled security talent, identify and address security capability gaps, and maximize the return on investment (ROI).

Almost seven out of ten organizations do not place a high priority on securing their SAP systems. Considering the recent spike in cyber-attacks, it is essential to secure SAP systems. We have put together a list of 10 tips you can use immediately to secure your critical business data in SAP system.

1. Own it – Don’t blame

When a security breach occurs, who is responsible? A recent survey by Onapsis found that half of the respondents believe SAP is to blame for security breaches – not anyone within their own organization. Another 30% believe that no one is responsible. A small percentage of people believe that the CIO or CISO is responsible for a security breach.

50% blame SAP for security breaches

30% have no idea

20% say it is CIO/CISO’s responsibility

63% of C-Level executives underestimate the risks associated with insecure SAP applications

The dangers associated with insecure SAP applications are underestimated by 63% of C-level executives.

2. Regularly update the EHP & SPS

One of the most significant steps to staying secure is to keep your system up to date. Enhancement packages are delivered by SAP to deliver new innovations/functionality or “enhancements” to customers without disruption. Ensure you have the latest enhancement packs installed, and that you aren’t several versions behind. It is always risky to be a first adopter, but it is also imperative to avoid falling behind (n-1 is always recommended). Technology and computer security are constantly improving, so it is important to keep your system up to date with patches, fixes, updates, and enhancement packs.

As part of its Support Package Stacks, SAP releases periodic security solutions. The Support Package Stacks are patches for a given product that should be applied together. It is recommended that these stacks be applied at least once a year, and SAP specifies the maintenance schedule on its website. In addition, ToggleNow can help you identify your system’s most critical SPSs.

3. The Right SODs make a difference

As business processes rapidly evolve, employee roles and responsibilities are also changing. By establishing boundaries between roles assigned to an employee and conflicts of interest that may arise from the employee’s responsibilities, segregation of duties aims to reduce internal fraud risks. For example, one employee processes a PO while another verifies and approves it. This adds more control and prevents payments to ‘fake’ vendors.

It is becoming more common for mature organisations to look for ways to improve Segregation of Duties management while reducing costs. It is imperative for businesses to integrate an advanced, quick, and easy-to-install Access Management tool that fits with their systems. This will avoid conflicts after an employee’s role or tasks change.

This can be achieved either by implementing the SAP GRC Access Control solution or ToggleNow’s SoD Analysis solution for SAP. The SAP Security Assessment services provided by ToggleNow will identify the right solutions for your organization. Additionally, if you have SAP GRC implemented, explore the various SAP GRC services that are offered by us.

With the help of our SMEs, you will be able to implement the right separation of duties strategies and ensure that you comply with the various regulations and mandates.

4. Ensure the quality of your code

SAP systems typically have over 30 percent proprietary code, depending on the industry. Statistics indicate that one critical security defect occurs for every 1,000 lines of ABAP code.

It is possible that SAP system performance will be adversely affected. It is estimated that the average SAP system contains 2,151 risks, and 70% of enterprises fail to audit their ABAP custom code for compliance and security.

It is possible to simplify the security process for your code. It is no longer necessary for organizations to invest time, money, and manpower in major security projects. An analysis of your code beforehand will enable you to identify and prioritize any risks and issues before you begin an upgrade.

To ensure security, performance, maintainability, robustness, and compliance with ABAP standards, integrate coding and quality assurance into a single activity.

Finally, you should only keep the custom code you need. It introduces unnecessary risks and increases the amount of effort needed for unnecessary code corrections when redundant unused custom code is used.

Wondering how to handle the situation? Here is a solution – SAP Solution Manager CCLM is a fantastic solution that addresses the majority of these requirements. Refer to this blog

5. Implement SAP Solution Manager – Security Optimization Service (SOS)

We are often asked by clients what tools are available to check the security of SAP systems? Additionally, to Early Watch Alert (EWA), SAP Solution Manager (SOLMAN) has a Security Optimization Service (SOS) report that focuses on security.

Security Optimization Service for the SAP NetWeaver Application Server ABAP checks the security of your SAP system(s) and perform the following checks:

• Basis administration check • User management check • Super users check • Password check • Spool and printer authorization check • Background authorization check • Batch input authorization check • Transport control authorization check • Role management authorization check • Profile parameter check • SAP GUI Single Sign-On (SSO) check • Certificate Single Sign-On (SSO) check • External authentication check

You’ll need the latest version of SOLMAN and the latest support pack to set this up. The managed system must also be configured and setup in SOLMAN without any errors and the instance is correctly defined in LMDB. (Status Green). Additionally, the OS collector must be running on your target instances and database.

It is important, however, to answer the following before setting up the SOS:

• Does your organization have the capacity to manually review those reports and act on each recommendation? • It is set correctly so that your team has ample time to review and act on the reports.

Read ToggleNow’s success story on this subject. We have implemented Solution Manager 7.2 for one of our clients who is a leading refractory company in India since 1958.

6. Regular health checks keep the system healthy

Yes, you heard that right. Humans and systems alike benefit from regular health checks. Ponemon Institute reports that organizations lack visibility “into the security of SAP applications and lack the expertise to detect, prevent, and respond to cyberattacks quickly.”

Early detection is the key to staying healthy or secure. A frequent ERP system check helps you get a comprehensive picture of your ERP landscape before making changes and identifying areas for improvement. This is just like healthy people need annual checkups and preventative medicine to stay healthy and detect problems early. Regular health checkups can identify security gaps. Additionally, EWA and SOS reports provide an in-depth analysis of the system. According to experts’ recommendations, SAP Solution Manager must be configured to support these modules.

7. Implement an Antivirus scan

How confident are you that the documents attached in SAP are virus-free? A vulnerable code might be included in a file your users use/attach in SAP, allowing hackers to gain access.

If you use SAP software, you should use a virus scanner to protect against computer viruses, and SAP recommends this. However, SAP does not investigate, recommend, or release antivirus software as part of its server product validation program.

Many anti-virus software packages protect your SAP deployments using Deep Security, protecting critical information from threats such as malware, cross-site scripting, and SQL injections.

A Virus Scan Adapter (VSA) must be installed on the host before a Deep Security scan can be performed. SAP note 2081108 explains how to set up and configure the VSA system and SAP note 1494278 provides a list of the AV products that are supported.

Additionally, SAP administrators can define the types of documents that are allowed based on various policies. After selecting the right AV product, this can be determined.

8. Implement re-certification processes

Reviews of dormant IDs and dormant roles make a great start. Regularly reviewing the user IDs and deactivating those that are no longer needed is always recommended. This will not only increase the application’s security but also reduce licensing costs. If you already have an SOP in place and are still performing this activity manually, here is a solution for you. ToggleNow’s UserSentry automates both dormant ID review and Role review by taking the appropriate action according to defined rules. Thus, you can comply with a critical audit requirement.

9. Implement additional Security measures

In addition, we recommend that additional security measures be implemented. Back then, experts used to advise setting up complex password policies like keeping password lengths between 8-12 characters and forcing users to change their passwords frequently. Keeping strong passwords alone is no longer sufficient considering technological advancements.

It is recommended to implement additional security measures such as 2-factor authentication (2FA) or multifactor authentication (MFA), validating a user’s machine ID (aka mac ID) at log-in, and adding geofencing validations, verifying the availability of anti-virus software, checking the firewall status, etc. All these features are included in ToggleNow’s UserSentry application, which helps next-generation enterprises implement them quickly.

10. Transform your business with digital technology

The waterfall era has ended. Agility has won. By embracing digital transformation and getting fast and frequent feedback, organizations can respond quickly to critical security issues. By doing this, security issues aren’t ignored, and crises can be averted. If you are worried about the Subject matter expertise and resource availability, ToggleNow can step in and take over this critical piece. The FourEdge Service offering is a great reliever for many organizations that are seeking to start their GRC transformation journey. Remember to be in the race, or else your competitors will take over.

These are the best tips to secure your critical business data in SAP systems. Talk to our SMEs today and leave rest on us for your business data security.

Read More: https://togglenow.com/blog/secure-your-critical-business-data/

[globalindustrypulse]

Middle East & Africa Data Privacy Software Market Size to Hit USD 30.31 Billion by 2030

The data privacy software market industry in the Middle East and Africa is set to grow steadily at a CAGR of 40.4% through the forecast period. On a global scale, the market is projected to grow from USD 1.99 billion in 2022 to USD 30.31 billion by 2030. The Middle East & Africa (MEA) region is witnessing accelerated growth in the global data privacy software market, driven by increasing digital adoption, evolving regulatory landscapes, and heightened awareness around data protection.

Leading Players Active in the MEA Market:

OneTrust, LLC

IBM Corporation

SAP SE

Securiti.ai

TrustArc Inc.

BigID, Inc.

Micro Focus (OpenText)

Informatica

Exterro, Inc.

WireWheel

Key Market Highlights:

• 2022 Global Market Size: USD 1.99 billion

• 2030 Global Market Size: USD 30.31 billion

• MEA CAGR (2023–2030): 40.4%

• Growth Outlook: High-potential market spurred by rapid digitization and maturing regulatory systems

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Strategic Outlook & Trends

Cloud-Native & SME‑Focused Tools: Lightweight privacy solutions tailored for smaller businesses are emerging strongly.

Privacy‑Enhancing Technologies (PETs): Techniques like anonymization, encryption, and tokenization are being widely adopted in sensitive sectors.

Automation & Analytics Integration: AI-driven data discovery, breach detection, and risk scoring are enhancing tool capabilities

Vertical-Specific Compliance Solutions: Customized modules for BFSI, healthcare, and public sector enable regulatory alignment.

Market Growth Factors:

The privacy management market is experiencing strong momentum, changing with the rising adoption of digital transformation initiatives across both government institutions and private enterprises. This shift is being reinforced by the introduction of emerging data protection laws, such as Saudi Arabia's Personal Data Protection Law (PDPL) and South Africa's Protection of Personal Information Act (POPIA), which are setting new compliance benchmarks across the Middle East and Africa

Opportunities in the Market:

The regional landscape is changing with rising opportunities to deploy localized privacy management tools that align with Arabic and African regulatory requirements. There is a growing need for compliance automation across sectors such as telecommunications, banking and financial services (BFSI), and public sector organizations, where data volumes and regulatory scrutiny are high.

Regional Trends:

• Increased integration of data privacy with national cybersecurity strategies

• Emergence of data sovereignty mandates in GCC countries

• Focus on automated user rights management in high-volume industries

• Shift toward AI-powered risk intelligence and threat-informed compliance tools.

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Recent Developments:

March 2024 – A UAE-based Telecom Company rolled out a region-specific privacy platform to ensure full compliance with new data localization requirements.

July 2023 – A Nigerian fintech startup secured funding to develop a low-code privacy toolkit for banks and microfinance institutions.

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