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Securing the Production Revenue Accounting and Joint Venture Accounting Modules in S/4HANA: Essentials for Upstream Oil and Gas

The upstream oil and gas industry is characterized by complex operations and significant financial transactions. SAP S/4HANA supports these operations through its specialized modules: Production Revenue Accounting (PRA) and Joint Venture Accounting (JVA). These modules are essential for managing the unique financial requirements and operational intricacies of the industry. However, the complexity…
Blog

The Art (and Science) of Revamping Rewards Strategies

What’s new: HR leaders are having to rethink and relearn traditional rewards strategies in response to the growing need to vary, customize and recalibrate rewards packages. The big picture: The design and delivery of rewards packages have grown more complex because of factors like remote and hybrid work, data transparency, artificial intelligence, and sudden shifts in benefits preferences caused…
In Focus

New York DFS, White House issue guidance on AI‘s impact. What are the implications?

During National Cybersecurity Month in October, both the New York State Department of Financial Services (DFS) and the Biden administration issued releases on the opportunities and risks of artificial intelligence (AI). The DFS’s Industry Letter focuses on the impact of AI on the cybersecurity landscape while the Biden administration released the first-ever National Security Memorandum (NSM) on…
Client Story

Natural Gas Infrastructure Firm Modernises Records Management Processes for Future Growth and Compliance

Modernise your natural gas records management with our cloud-based solution. Enhance compliance, improve accuracy, and prepare for AI enablement in the energy sector.
Client Story

Improved Sales Strategy Generates Growth for Global Climate Action Solution Provider

Discover how sales strategy optimisation led to a 25% increase in lead conversion and 15% boost in client retention for a global climate action provider.
News

Protiviti-Oxford University Survey Finds Only 8% of Global Business Leaders Have Serious Concerns About Their Organisations’ Ability to Protect Customer Data

74% report that their company holds a positive reputation for privacy and data protection compared to competitorsMENLO PARK, Calif. and LONDON, Nov. 4, 2024 – While cyber threats have grown more frequent and more sophisticated each year, only 8% of global executives say they are concerned or extremely concerned about their company’s ability to protect customer and client data over the next five…
Blog

Protiviti-Oxford survey shows ‘us vs. them’ disconnect in how global execs view data privacy

86% of executives say they are confident or extremely confident their company is doing everything it possibly can to protect customer data. Only 8% of global executives say they are concerned or extremely concerned about their company’s ability to protect customer and client data over the next five years.80% of global business leaders say AI will be beneficial for their company’s data privacy…
Podcast

Podcast | Advantages of Greater Legal and Compliance Collaboration

In a rapidly evolving regulatory landscape, the integration of compliance and legal functions has never been more crucial. In the latest installment of the Protiviti Legal Perspectives podcast series, podcast host Chad Volkert and Protiviti Managing Directors Tom Giltrow and Caitlin Kirkham-Cooper delve into how legal and compliance departments can work in tandem to navigate the complex…
Blog

Manufacturing Client Story: Global Distributor Transforms Analytics Program Driving SAP S/4HANA Adoption

Growth is good. But too much of a good thing can present challenges to any well-established business. In this case, a global distributor of original equipment manufacturer (OEM) parts, had seen a double-digit compound annual growth rate over the last decade and had outgrown its legacy ERP system. The company’s analytics team was regarded as subject matter experts in writing queries and pulling…
Blog

A Return to Capacity Planning: Staying Ahead in the Manufacturing Industry

For many manufacturing companies, capacity planning may seem like a relic of the past. However, geopolitical tensions, tariffs, a renewed focus on onshoring and heightened M&A activity are bringing capacity planning back to the forefront. Our point of view: These trends underscore an urgent need to revive capacity planning processes for operational efficiency and competitiveness. The…

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