How do you identify discrepancies in your constantly evolving HCM data to ensure the accuracy of all your HR, payroll, and time data?
Variance Monitor offers the capability to compare HR and payroll data between systems and across different periods. This automated solution eliminates the need for manual comparisons, accelerating your processes and enhancing productivity for your managers and test teams.
In the business world, change is a constant—from the routine shifts in employee numbers to significant events like mergers and acquisitions. These changes inevitably affect your Human Capital Management (HCM) data, making it challenging to compare HR and payroll data across different periods.
To ensure accuracy in salary disbursements, payroll needs to be meticulously reviewed each month. Mistakes, such as incorrect overtime calculations, can lead to substantial costs.
Throughout the SAP lifecycle, ensuring data consistency and accuracy is essential. This includes comparing data during new implementations, upgrades, support or enhancement package installations, and routine checks of payroll and time data. Essentially, data comparison is a daily necessity.
Re-implementing SAP HCM can pose challenges in synchronizing new data with legacy systems, particularly if you aim to run parallel payrolls. You might need to reconcile master data with external service providers or validate the replication process between systems. Comparisons become even more complex during ongoing operations, such as new implementations or IT infrastructure upgrades.
The Variance Monitor facilitates data comparisons between different systems, including SAP SuccessFactors and Workday, enhancing your ability to manage and verify data across platforms.
Human Capital Management (HCM) data is both complex and vital, making accuracy paramount. Mistakes are costly, and manual comparisons are not only time-consuming but also prone to errors and lack audit reliability. Manually copying and pasting data into spreadsheets is inefficient and heightens security risks. Moreover, technical teams that could assist with this task are often already overburdened.
Variance Monitor addresses these challenges effectively. It manages large volumes of data, swiftly compares information from various sources and destinations, and identifies discrepancies. This tool facilitates the comparison of billing, time, and master data, as well as FI posting data, streamlining periodic audits. Automated and thorough, Variance Monitor ensures a complete data comparison and promptly flags deviations.
Designed for flexibility and ease of use, Variance Monitor lets you define and create custom comparison rules to detect variations in data based on amount, percentage difference, or specific field values. Wizards guide you through each step, making the process intuitive. Its reusable designs empower you to manage your data independently with minimal training.
Variance Monitor provides detailed reports and statistics that help track progress in resolving issues within projects. Additionally, it can access declustered billing tables and include both live and test results as part of your billing review process.
Variance Monitor can be used to compare the following data:
* Period to period in the same ERP system
* Between clients via RFC or file
* Another ERP system via file (ERP to ERP - file)
* Legacy data from a file (legacy to ERP)
* Legacy data via LSMW
* Legacy data via year-to-date files
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