saprealspendscreenshot100661289orig

A new app from SAP helps line managers keep track of their budgets

It's not often easy for line-of-business managers to get a real-time view of their budgets and spending, but a new app from SAP aims to change that.

Based on SAP's Hana Cloud Platform, the app pulls data from core financial reporting systems and makes it searchable, so that line managers can do ad hoc spend analyses and other on-the-fly calculations.

Called SAP RealSpend, the app lets managers drill down and perform a fine-grained analysis of actual and future spending. It can also deliver related forecast and budget plans.

One key feature provides an overview of expenses by categories such as accounts, cost centers and internal orders. Another allows managers to enrich booked data from an ERP system with planned and committed expenses, giving them quick insight into whether they're operating within their budget.

Managers can simulate the budgetary influence of decisions including sales, marketing, travel, hiring and equipment investments. The goal is to help users manage their spending more proactively.

The app is one of the first to connect to the SAP S/4Hana Finance product in real time, without having to replicate data. RealSpend also works with other data from SAP and third-party sources.

IDG Insider

PREVIOUS ARTICLE

« Slack has hired away a new engineering chief from Pinterest

NEXT ARTICLE

Twitter is on the right track with this rumored change to its 140-character limit »
author_image
IDG News Service

The IDG News Service is the world's leading daily source of global IT news, commentary and editorial resources. The News Service distributes content to IDG's more than 300 IT publications in more than 60 countries.

  • Mail

Recommended for You

Trump hits partial pause on Huawei ban, but 5G concerns persist

Phil Muncaster reports on China and beyond

FinancialForce profits from PSA investment

Martin Veitch's inside track on today’s tech trends

Future-proofing the Middle East

Keri Allan looks at the latest trends and technologies

Poll

Do you think your smartphone is making you a workaholic?