The SAP RealSpend App Allows For Accurate Tracking and Forecasting Of Budgets
Rahul Kalvapalle — May 18, 2016 — Tech
References: icn.sap & computerworld
SAP RealSpend is an innovative new smartphone app, available for both the iOS and Android platforms, that is designed to offer extraordinarily reliable and solid budget-tracking capabilities in the context of line-of-business management.
What's great about this app is that it is capable of retrieving data from financial reporting systems and making it fully searchable. This allows managers to conduct accurate spend analyses as well as other calculations. The app allows you to perform highly precise analysis of spending and future spending, allowing for budget-tracking as well as planning and forecasting.
Ultimately, the SAP RealSpend app is a great tool for business managers who need to stay on top of budgetary matters, allowing them to take the best possible measures for the health of their company's bottom line.
What's great about this app is that it is capable of retrieving data from financial reporting systems and making it fully searchable. This allows managers to conduct accurate spend analyses as well as other calculations. The app allows you to perform highly precise analysis of spending and future spending, allowing for budget-tracking as well as planning and forecasting.
Ultimately, the SAP RealSpend app is a great tool for business managers who need to stay on top of budgetary matters, allowing them to take the best possible measures for the health of their company's bottom line.
Trend Themes
1. Mobile Budget Tracking - The emergence of smartphone apps like SAP RealSpend is disrupting traditional budget-tracking methods by offering accurate and reliable on-the-go budget management.
2. Data Integration - Apps like SAP RealSpend that can retrieve data from financial reporting systems and make it fully searchable are driving the trend of streamlined budget analysis and planning.
3. Precise Spending Analysis - The SAP RealSpend app is enabling managers to perform highly precise spending analyses, leading to more informed decision-making and efficient budget management.
Industry Implications
1. Fintech - The development of budget-tracking apps like SAP RealSpend is revolutionizing the financial technology industry by offering innovative solutions for better budget management.
2. Enterprise Software - The emergence of apps like SAP RealSpend indicates the need for more advanced enterprise software solutions that integrate data and provide accurate budget forecasting and tracking capabilities.
3. Management Consulting - The use of apps like SAP RealSpend in line-of-business management highlights the potential for management consulting firms to offer innovative budget management solutions and advisory services.
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