Financials Expert Posts New Article - "A Simplified Approach for Consolidation of Investments"

Dedham, MA (PressExposure) April 19, 2012 -- This article focuses on how to automate the process of consolidating investments using the Enterprise Controlling-Consolidation (EC-CS) and Strategic Enterprise Management-Business Consolidation System (SEM-BCS) in order to expedite the period-end close. Although many businesses find the consolidation of investments (COI) component of SAP more complicated than what is called for in their specific situation, there is still a way to automate the process of consolidating investments without fully implementing the COI component.

The author, Dan Sullivan, presents options that SEM-BCS and EC-CS offer for consolidation of investments and ways to automate it within those systems without a full-blown implementation. Bob Croce, product director of SAPexperts, comments, "Not all businesses require a full implementation of the COI component of SAP ERP. However, they can still reap the benefits of investment consolidation by following this guide."

The article is written by Dan Sullivan.

The article abstract is located at:

About the Author:

Dan Sullivan is a consultant with more than 28 years of experience in accounting and systems design. He has been an accounting manager for a Fortune 200 global enterprise, where he first implemented global ERP systems. He has worked in numerous industries implementing global enterprise solutions with a focus on SAP. These industries include retail, manufacturing, and utilities.

About SAPexperts:

SAPexperts consist of nine online knowledgebases produced by WIS Publishing - the leading independent provider of publications and educational events focused on SAP technology. The nine SAPexperts knowledgbases consist of Financials Expert, BI Expert, SCM Expert, HR Expert, CRM Expert, GRC Expert, Solution Manager Expert, Project Expert, as well as SAP Professional Journal. Access to the SAPexperts knowledgebases is obtained on an annual subscription basis. More information can be found at

About WIS Publishing:

WIS Publishing is the premier independent provider of SAP training materials, with more than 250,000 customers in 61 countries. WIS Publishing is the publisher of SAPinsider, insiderPROFILES, and the SAPexperts publications, and is the producer of the SAPinsider conferences and the Insider Learning Network. For more information, visit

SAP is a registered trademark of SAP AG in Germany and several other countries. WIS Publishing is not affiliated with SAP AG or any of the SAP AG group of companies.

About Wellesley Information Services Publishing

WIS is a publishing and training organization that supports business and IT professionals worldwide by giving them many different resources to optimize their investment in technology. Our goal is to provide the tools and information people need to be better and more productive, as well as to inspire them to continuously develop themselves professionally.

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Press Release Submitted On: April 19, 2012 at 3:56 pm
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