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Shortfacts - June 2017

No monthly SAP news should be disregarded. The Short Facts are dedicated to minor news as well as seemingly more or less important statements from the community. This is the place for SAP-specific press releases that otherwise tend to be overlooked. Recommendations to: robert.korec@b4bmedia.net
E-3 Magazine
June 2, 2017
Shortfacts
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This text has been automatically translated from German to English.

SAP Loans Management

Innobis has created the prerequisite for legally compliant effective interest rate calculation in SAP Loans Management in accordance with Section 6 of the German Price Indication Ordinance (PAngV).

Banks and financial institutions no longer need third-party systems. They can thus fulfill the obligation to inform the customer about the correct effective interest rate.

The advantage for the customer: Loan offers with the same fixed-interest period are easier to compare before and at the time of contract conclusion. The transaction-dependent calculation of the effective interest rate in the SAP system can be used to the bank's advantage in all phases of financing - from the advisory meeting to the rollover.

The effective interest rate calculation integrated into the loan management is traceable and thus audit-proof (obligation to provide evidence) in accordance with the requirements of the German Federal Financial Supervisory Authority (BaFin).

Innobis uses a virtual loan for the effective interest calculation for SAP systems, i.e. a "copy" of the contract from SAP FS-CML (Loans Management) including all mathematically relevant parameters.

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Working on the SAP basis is crucial for successful S/4 conversion. 

This gives the Competence Center strategic importance for existing SAP customers. Regardless of the S/4 Hana operating model, topics such as Automation, Monitoring, Security, Application Lifecycle Management and Data Management the basis for S/4 operations.

For the second time, E3 magazine is organizing a summit for the SAP community in Salzburg to provide comprehensive information on all aspects of S/4 Hana groundwork.

Venue

More information will follow shortly.

Event date

Wednesday, May 21, and
Thursday, May 22, 2025

Early Bird Ticket

Available until Friday, January 24, 2025
EUR 390 excl. VAT

Regular ticket

EUR 590 excl. VAT

Venue

Hotel Hilton Heidelberg
Kurfürstenanlage 1
D-69115 Heidelberg

Event date

Wednesday, March 5, and
Thursday, March 6, 2025

Tickets

Regular ticket
EUR 590 excl. VAT
Early Bird Ticket

Available until December 20, 2024

EUR 390 excl. VAT
The event is organized by the E3 magazine of the publishing house B4Bmedia.net AG. The presentations will be accompanied by an exhibition of selected SAP partners. The ticket price includes attendance at all presentations of the Steampunk and BTP Summit 2025, a visit to the exhibition area, participation in the evening event and catering during the official program. The lecture program and the list of exhibitors and sponsors (SAP partners) will be published on this website in due course.