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Data is the king for businesses in the current age, which is dominated by technology. However, it has to be processed, structured and presented correctly. It’s clarity, precision, compliance, and, most importantly,, decision-making that is always needed when it comes to financial data. The Record-to-Report process (R2R) is a way for organizations to accumulate, store …
Introduction As artificial intelligence (AI) has swiftly become a crucial instrument in the operations of government, industry, and society, it has raised ethical problems that have never been seen before.SAP, a multinational corporation that specializes in corporate software, has made “Trustworthy AI” the foundation of its artificial intelligence strategy. The purpose of this blog is …
As business compliance rapidly evolves, India’s Goods and Services Tax (GST) mandated electronic invoices are an integral component. Over time, this system was implemented to simplify business operations while increasing tax compliance; beginning October 1st, 2020, electronic invoicing became mandatory for companies with over INR 500 crore turnover during 2019-2020. This blog discusses how SAP …
