Services
SAP Audits & Value Discovery
Approach to Audit & Value Discovery
Our method
The Value Discovery Exercise is a comprehensive process identifying the general and niche areas where the efficiencies can be improved. Silverline Technologies has a vast experience of carrying out similar exercise for other clients before. This methodology is a combination of Problem management & Knowledge Management. This methodology has three major Phases.
1. Prepare:
The preparation phase is completely focused on listing down the management expectations where the meeting will be arranged with the important stakeholders. They are informed first with the processing technique for discovering the value and below mentioned focused areas identified according to the company’s point of view.
- Statutory compliance Audit and license
- Understanding of current workflow through SAP processes
- Audit of financial compliance
- Determining the correct mappings through SAP auditing configuration
2. Execute:
The workshops are planned with all management levels in the execution process to access the information as well as the existing process from different angles. The larger aim is to understand the exiting working conditions, transaction details and touch points from a business perspective. Furthermore, this is also achieved by discussion with the members of senior management, managers as well as the users.
The subject matter experts put the current business processes in comparison to the followed best practices. It is also helped by determining the redundant data capturing, duplication, as well as transactions or processes that do not add value. The assessment is accomplished for information and data required by decision-makers and from the old historical data presented to such groups. The SME group additionally performs their checks in the framework to comprehend the current procedure arranged, used, not used, or not implemented depending on the current business procedure of the organization.
Some important results are divided in:
- Addition in architecture and functional area
- Organizational impact
- Execution time
- SAP performance improvement throughout the business
- Process and transactional improvements
- Correct determination of leakages of speeding cost-cutting and ROI in the system
- Resource optimization
- Compliance improvement for error free working
