Max Moldenhauer

The three-day #SAPSapphire Barcelona (11-13 June 2024) was undoubtedly one of the top events for our SAP experts (pictured l. to r.) Narendra Lanje (SAP Solution Architect), Thorsten Miehe (Department Manager SAP Applications) and Michael Gröschel (SAP BI Solution Architect), who took part for logineer. Under the title "Bring out the best in your business", the major congress trade fair for #SAP customers and partners focussed on how the software group's innovative solutions & technologies can be used in the best possible way to further develop the business of IT service providers and users. As is currently the case everywhere in the industry, artificial intelligence took centre stage at SAP this year - SAP Business #AI. In their keynote speech, SAP CEO Christian Klein and CMSO Julia White explained how SAP is using generative AI across its entire portfolio to revolutionise business processes and end user experiences. The new SAP AI assistant Joule was also discussed in detail at the conference. 👉 The top topics from the perspective of our colleagues also included: 📌 RISE with SAP with Clean Core Strategy: with RISE, SAP has been providing a method for transformation to the cloud for several years: not just for a technical IT migration, but for a comprehensive business transformation. What is new is the Clean Core: SAP's aim is to reduce the amount of custom code, which is often an obstacle for customers with very complex ERP systems when migrating to S/4HANA. 📌 SAP BTP: This business technology platform combines data and analyses, artificial intelligence, application development, automation and integration in a standardised environment. It gives development teams everything they need to quickly connect, extend and enrich business-critical business processes. 📌 SAP Datasphere: The open data ecosystem provides an end-to-end service for data integration, data cataloguing, semantic modelling, data warehousing, data federation and data virtualisation. This allows business-critical data to be easily distributed across a company's data landscape while retaining the business context and logic. SAP Datasphere is also the basis for SAP's Business Data Fabric, a data management architecture that supports cross-system and cross-application data connections in real time. For our customers in international logistics, the integration of SAP modules into their specific IT landscape plays a particularly important role. logineer is an SAP full-service partner. We are currently focussing in particular on the integration of financial SAP modules - including SAP FICO - into the transport management systems #TMS that are important for freight forwarders. 👉 However, we are also happy to support our customers with all other SAP topics. If you are interested or have any questions, please contact our Sales Manager Farzan S.. Pascal Eggert | Christian Lorey | Bianca Heitmann | Sultan Kakar | Catherine Castin | Stefanie Preißler | q.beyond AG

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Bevor ich eine Filiale in Singapur eröffne, werde ich mich - unter vielem anderen - mit folgenden Parametern auseinandersetzen müssen: - Corporate Income Tax - Capital Gains Tax - Other Capital Taxes - Withholding Taxes - Payroll Taxes - Property Tax - Sales Tax or Value-Added Tax (VAT) - Goods and Services Tax (GST) - Franchise Taxes - Gross Receipts Taxes - Industry-specific Taxes - Transfer Pricing Rules - Controlled Foreign Corporation (CFC) Rules - Double Taxation Treaties

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Great example how SAP Risk & Assurance Management #SAPRAM can be used to support the Tax Compliance use case. Thanks for sharing, Ellen Birkemeyer!

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PwC Deutschland and SecurityBridge are dedicated to improving the security of the SAP ecosystem by providing expert guidance and in-depth SAP Security research 🔎 This is the second article from the combined efforts of three SAP Security experts: Daniel Peisker (PwC Germany), Benedikt Schumacher (PwC Germany), and Joris Van De Vis (SecurityBridge). In the first part, the authors analyzed the SAP vulnerability CVE-2023-36922 and the common threats associated with all vulnerabilities that potentially allow access to the OS layer. They now explain how to mitigate the risk of OS-access vulnerabilities in SAP code. Discover more 👉 https://lnkd.in/gEegh9tM #SAPVulnerability #SecurityRisk #OSLayer #SAPSecurityResearch

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🌍 Discover the exciting world of Strategic IT Management! 🚀 I am delighted to present the brand-new newsletter, dedicated to the many aspects and issues of Strategic IT Management. In this newsletter, we have a closer look at the following topics and more: 🔍 The interplay between IT strategy and regulation 🤝 Artificial intelligence and its integration into the regulatory framework 📈 IT outsourcing as a driver for evolution and efficiency 🖇 The implementation of IT processes in practise 🗺 Generative AI - A Manager's Guide Read the latest newsletter at: https://lnkd.in/eqsyq4VK Enjoy reading! #StrategicITmanagement #IT #CIO #CTO #Transformation #Strategy #Regulatory #RiskManagement

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Taxes: Then and Now Back in 2022, we shared a detailed overview of Austria's tax system. In 2024, we would like to look at the tax landscape again and compare it to see what has changed: ✅ Who Becomes a Taxpayer? Anyone living in Austria for more than 183 days a year or holding a permanent residence permit. This criteria remains unchanged. 🏥 Social Insurance Contributions: 2022 ➡️ 2024 Employer: 21.13% ➡️ 20.98% Employee: 18.12% ➡️ 18.07% Breakdown: Sickness Insurance (3.87% - remains unchanged), Unemployment Insurance (3% ➡️ 2.95%), Pension Insurance (10.25% - remains unchanged), Other (1% - remains unchanged) The total social insurance contributions have slightly decreased for both employers and employees in 2024. This change is aimed at reducing the financial burden on both parties while maintaining essential social security benefits. 📈 Income Tax Rates: 2022: Up to €11,000 ➡️ 0% Up to €18,000 ➡️ 20% Up to €31,000 ➡️ 32.5% Up to €60,000 ➡️ 42% Up to €90,000 ➡️ 48% 2024: Up to €12,816 ➡️ 0% Up to €20.818 ➡️ 20% Up to €34.513 ➡️ 30% Up to €66.612 ➡️ 40% Up to €99.266 ➡️ 48% Up to €1.000.000 ➡️ 50% Over €1.000.000 ➡️ 55% The income tax brackets have been adjusted upwards, reflecting inflation and changes in the cost of living. The progressive nature of the tax system remains, but the higher thresholds aim to provide tax relief for middle-income earners and ensure a more equitable distribution of tax burdens. Thank you for your continued interest and attention! As always, feel free to reach out with any questions regarding relocation or the current tax system in Austria.   Sources: https://lnkd.in/duE9Tvsb https://lnkd.in/dkpkVQVb

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SAP faces turning point as Hasso Plattner steps down: Departure of CEO Hasso Plattner marks the end of the founding era at SAP, and adds further complexities for the German software multinational as it faces ongoing restructuring efforts, among many other challenges to solve. It’s difficult to imagine SAP without Hasso Plattner, who’s been there from the beginning and has significantly shaped the fortunes of Europe’s largest software manufacturer for more than five decades as founder, board of directors member, and, most recently, as chairman of the supervisory board. Now at 80, Plattner is giving up his post at the head of the supervisory board and leaving the SAP stage. In April 1972 five former IBM employees founded Systemanalyse und Programmentwicklung GbR, which later became SAP, in Weinheim. From the very beginning, the key design principle at SAP has been the integration of individual components where users could perform tasks. In the first few years, they programmed modules for financial accounting, purchasing, inventory management, order receipt, material planning, and invoicing and auditing. The concept of an integrated system in combination with increasingly powerful computer architectures from IBM and Siemens meant a revolution in the early days. It was the starting point of an unparalleled success story that has remained closely linked over the decades with the original founders, mostly Dietmar Hopp and Hasso Plattner. While IT startups today are inflated by investors with billions of dollars and under enormous pressure, things were more leisurely at SAP in the beginning. “We were very lucky and in the right place at the right time,” Hopp said in a 2015 interview with NWZ. “Our startup phase lasted about 10 to 15 years.” After the IPO in 1988, Hopp and Plattner shared power at SAP by mutual agreement. Hopp took over the position of CEO until 1998 and Plattner took care of technology and development, as well as SAP’s important entry into the US market. “The period between 1988 and 1992 was wonderful,” Plattner said in an interview with the Smithsonian Awards Program’s Oral History Project. “I spent every day developing software. It was a great time.” #sap #sapcommunity #sapfiori #saps4hana #erp #hassoplattner #sapinception #sapbeginning #1972

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Follow the SAP SE Supervisory Board The SAP SE Supervisory Board advises and supervises the Executive Board. The number of members in and the composition of the Supervisory Board are determined by the Articles of Incorporation and the Agreement of the Involvement of the European Employees in SAP SE. SAP's Supervisory Board currently comprises nine members elected by the shareholders at their General Meeting and nine members representing the European employees of the SAP group. #sap #s4hana

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In our latest video, Rainer Wollmann, Managing Partner and Head of Financial Consolidation at INSIRE, shares his expertise on key topics that are shaping the financial landscape today with special regard to the benefits of SAP S/4HANA Group Reporting. #SAP #GroupReporting #S4HANA #video #FinancialConsolidation

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Recently, the SAP PRESS Book Club asked you for your SAP Signavio questions so that Johannes Strasser, Michael Sokollek, and Manuel Sänger, authors of SAP Signavio: Business Process Transformation, could answer them. Here’s what they had to say. Read here: https://lnkd.in/eGZCzxyD #SAP #SAPPRESS #SAPSignavio

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🌟 Exciting News! On Monday, we kicked off the next semester of our "𝐂𝐡𝐚𝐥𝐥𝐞𝐧𝐠𝐞𝐬 𝐢𝐧 𝐒𝐭𝐫𝐚𝐭𝐞𝐠𝐢𝐜 𝐅𝐢𝐧𝐚𝐧𝐜𝐢𝐚𝐥 𝐓𝐫𝐚𝐧𝐬𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧𝐬" 𝐬𝐞𝐦𝐢𝐧𝐚𝐫. We started with a deep dive with BearingPoint, where Giso Hutschenreiter and Dr. Maria F. provided excellent insights into the challenges that finance departments currently face. ▶️ 𝐓𝐡𝐞 𝐬𝐞𝐦𝐢𝐧𝐚𝐫 𝐢𝐬 𝐛𝐚𝐬𝐞𝐝 𝐨𝐧 𝐚𝐧 𝐞𝐱𝐜𝐢𝐭𝐢𝐧𝐠 𝐜𝐨𝐥𝐥𝐚𝐛𝐨𝐫𝐚𝐭𝐢𝐨𝐧 𝐰𝐢𝐭𝐡 BearingPoint 𝐚𝐧𝐝 𝐜𝐨𝐧𝐬𝐢𝐬𝐭𝐬 𝐨𝐟 𝐭𝐡𝐫𝐞𝐞 𝐩𝐚𝐫𝐭𝐬: First, we offer the students 𝐭𝐰𝐨 𝐝𝐞𝐞𝐩 𝐝𝐢𝐯𝐞𝐬, one with BearingPoint and another with SAP. The second part features an 𝐞𝐱𝐜𝐢𝐭𝐢𝐧𝐠 𝐤𝐞𝐲𝐧𝐨𝐭𝐞 𝐝𝐚𝐲, where excellent speakers from BearingPoint, SAP, the Versicherungskammer Bayern, the Stadtwerke München GmbH, and Siemens Healthineers will offer critical insights from the industry. In the last block, the students 𝐩𝐫𝐞𝐬𝐞𝐧𝐭 𝐭𝐡𝐞 𝐫𝐞𝐬𝐮𝐥𝐭𝐬 𝐨𝐟 𝐭𝐡𝐞𝐢𝐫 𝐬𝐞𝐦𝐢𝐧𝐚𝐫 𝐭𝐡𝐞𝐬𝐞𝐬. 📊 Topicwise 𝐞𝐯𝐞𝐫𝐲𝐭𝐡𝐢𝐧𝐠 𝐫𝐞𝐥𝐚𝐭𝐞𝐝 𝐭𝐨 𝐄𝐒𝐆 (𝐄𝐧𝐯𝐢𝐫𝐨𝐧𝐦𝐞𝐧𝐭𝐚𝐥, 𝐒𝐨𝐜𝐢𝐚𝐥, 𝐚𝐧𝐝 𝐆𝐨𝐯𝐞𝐫𝐧𝐚𝐧𝐜𝐞) 𝐰𝐚𝐬 𝐚𝐠𝐚𝐢𝐧 𝐜𝐞𝐧𝐭𝐫𝐚𝐥 to our 𝐝𝐢𝐬𝐜𝐮𝐬𝐬𝐢𝐨𝐧s since ESG reporting comes hand-in-hand with numerous challenges for finance departments. 𝐃𝐚𝐭𝐚 𝐪𝐮𝐚𝐥𝐢𝐭𝐲 𝐚𝐧𝐝 𝐢𝐧𝐭𝐞𝐠𝐫𝐚𝐭𝐢𝐨𝐧 𝐜𝐡𝐚𝐥𝐥𝐞𝐧𝐠𝐞𝐬 are persistent, and the 𝐝𝐢𝐯𝐞𝐫𝐬𝐢𝐭𝐲 𝐢𝐧 𝐫𝐞𝐩𝐨𝐫𝐭𝐢𝐧𝐠 𝐬𝐭𝐚𝐧𝐝𝐚𝐫𝐝𝐬 𝐚𝐧𝐝 𝐟𝐫𝐚𝐦𝐞𝐰𝐨𝐫𝐤𝐬 𝐜𝐨𝐦𝐩𝐥𝐢𝐜𝐚𝐭𝐞𝐬 𝐄𝐒𝐆 𝐝𝐢𝐬𝐜𝐥𝐨𝐬𝐮𝐫𝐞. 🔍 We also learned much about 𝐡𝐨𝐰 𝐚𝐫𝐭𝐢𝐟𝐢𝐜𝐢𝐚𝐥 𝐢𝐧𝐭𝐞𝐥𝐥𝐢𝐠𝐞𝐧𝐜𝐞 (𝐀𝐈) 𝐜𝐚𝐧 𝐬𝐮𝐩𝐩𝐨𝐫𝐭 𝐟𝐢𝐧𝐚𝐧𝐜𝐞 𝐝𝐞𝐩𝐚𝐫𝐭𝐦𝐞𝐧𝐭𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐟𝐮𝐭𝐮𝐫𝐞. For instance, thanks to AI, future controllers may have significantly more opportunities to add more information to their traditional reporting. ▶️ We thank Giso Hutschenreiter and Dr. Maria F. for their support and are looking forward to the deep dive with SAP and our keynote day in May! We will keep you posted about future insights! Hanna Scholta, Gunther Friedl, Yanis Luca Gamarra, Benedikt Bauer, Valentin Eisenberg, Adem Gelis, Timo Herterich, Jens Kahn, Paul Laudien, Tobias Mayer, Jules Mulder, Benedikt Münch, Felix Pütterich, Mario Putz, Karoline Grace Schnitzer, Lukas Stützel, Melisa Uzunoglu, Niklas Zehner #FinancialTransformations #ESG #AI #SustainableFinance

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This morning at 8 a.m. again Cloud ERP LiveStream to Plug&GROW. We will answer your questions. In our open question and answer session, discover how Plug&GROW supports the transition to SAP S/4HANA Cloud without having to fear immediate system shutdowns or loss of individual customizations. We address your questions and concerns to provide you with transparent insight into the migration process. https://lnkd.in/g96kzntA

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Reflections on German-speaking SAP User Group (DSAG e.V.) Day 3 in Leipzig:  Is there a positive Business Case for S/4HANA Cloud, and how can we finance it? The discussions at #DSAG2024 have highlighted a key challenge for SAP customers—deciding on their digital transformation strategy, particularly around #S4HANA adoption. Currently, 47% of companies are still on #ECC, and while 39% plan to migrate to S/4HANA On-Premise, only 8% have moved to S/4HANA Cloud (#RISE), and just 3% are using the Public Cloud (#GROW). As the On-Premise era winds down, rising maintenance costs are creating urgency to explore future-ready solutions. Yet, 48% of participants feel SAP’s S/4HANA Cloud strategy needs more refinement. The implementation of new software is complex—balancing quality, costs, and resources is essential, and the project should align with the company's overall strategy. With flexible financial solutions from partners like DAL Deutsche Anlagen-Leasing, businesses can manage liquidity while planning their transition. Migrating from ECC to S/4HANA On-Premise can give companies extra time to prepare, especially with the extended maintenance window until 2040, as highlighted by Thomas Saueressig's keynote. However, it’s estimated that by the end of 2028, over 10,000 ECC customers may still face the complex transition to S/4HANA. If you're one of them, Enghofer Koch Consulting GmbH can help. We can help you to migrate from ECC to S/4HANA in weeks, whether you need a pure technical move or a detailed process-level transformation, we have the experience to handle any complexity. Our approach ensures a seamless migration tailored to your business needs, minimizing downtime and maximizing results. Don’t let complexity hold you back—partner with #EKC to unlock your business's full potential. Contact us today to get started! [email protected] #DigitalTransformation #CloudAdoption #SoftwareFinancing #RISEwithSAP #GROW #SAP #DSAG #ECC

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SecurityBridge and PwC Deutschland actively contribute to enhancing the security of the SAP ecosystem through in-depth SAP Security research and advice 🛡️ Today's article is the first of two parts and stems from the combined effort of three SAP Security experts: Daniel Peisker, Benedikt Schumacher, and Joris Van De Vis. The authors provide a detailed analysis of the SAP vulnerability CVE-2023-36922, shedding light on its security risk and the common dangers of all vulnerabilities with potential access on the OS layer (either via commands or direct file access). Discover more 👉 https://lnkd.in/djG-tJ4h #SAPVulnerability #SecurityRisk #SAPSecurityResearch

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📣Auf der Suche nach einem Statement of direction im Bereich SAP Analytics? Hier ist es, das "SAP Analytics, Business Intelligence Statement of Direction": https://lnkd.in/d8uDg5i8 Wie geht es nach knapp 30 Jahren weiter mit SAP BusinessObjects BI und wie ist die Maintanance Strategie? Auszüge : 💡AfO: SAP Analysis for Microsoft Office and SAP Lumira Designer will be maintained and supported, but no new feature will be delivered! 💡SAC: SAP Analytics Cloud is SAP’s strategic analytics & planning offering and customers should consider it for new applications, use cases and users. Der Weg geht auch hier ganz klar in die Cloud! #SAC #SAPSAC #SAP #BTP

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Check out the 3E Article by Peter M. Färbinger about SAPs financial development over the past months. Worth reading… According to forecasts by analysts at Goldman Sachs, the target price for SAP shares is 240 euros. Starting from a low of 80 euros per share around two years ago, this would represent a tripling within a few months. The assessments of other financial analysts are not quite as euphoric, but also spectacular: JP Morgan sees SAP shares at 220 euros, UBS from Switzerland at 222 euros and the analyst firm Jefferies from New York, USA, even at 225 euros. The reasons for this share success are manifold, but not unknown: The #ERP world market leader's business development is only part of the answer. SAP is quite successful with certain aspects of its product strategy: #CleanCore, #BusinessTechnologyPlatform #BTP, #RiseWithSAP and #HANA, #S4HANA Read the article in the comment #SAPCloudERP #SaaS

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I was very honored to speak during my teaching assignment at the Albert-Ludwigs-University in Freiburg im Breisgau/ MBA (International Taxation) program about the topic "International M&A" (Internationaler Unternehmenskauf). We covered inter alia the topics: 1) "Introduction into International M&A" (including process of a transaction, substance in international taxation, impacts of Pillar 2 for M&A transactions, allocation of expenses to ancilliary acquisition costs, deferred expenses and tax deductible expenses etc.), 2) "Inbound" (holding structure, debt push down opportunities, learnings from TDDs performed etc.) and 3) "Outbound" (CFC, corresponding principle (Sec. 8b Para. 1 Sent. 2 G-CITA) etc.). A big thank you goes to my co-speakers and colleagues Jenny Stenesjö Wöhrman who presented insights into M&A tax from a Swedish perspective and ESG tax as well as Fabio Dolce who presented insights into M&A tax from an Italian perspective as well as Prof. Wolfgang Kessler and his team for the opportunity. I would also like to express a thank you to Christine Schuster Dominic Schmid and Aaron Ahrabian for the support! #WeAreForvisMazars #substanceintax #substanceininternationaltax #esg #ForvisMazarsinGermany #tax #internationaltax

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☁ What does the future hold for SAP Analytics Cloud? After a year full of milestones such as Unified Stories and the Just Ask technology, we take a look at the exciting #Roadmap for 2024. With #AI assistants in Unified Stories and improved integration into SAP Datasphere, SAP promises further efficiency gains and groundbreaking possibilities. 👉 Learn more about the developments of the past year and a glimpse of what's to come: https://bit.ly/3QaYjj2 #SAPAnalyticsCloud #SAC #Innovation #AI #Roadmap2024 #SAPDatasphere #UnifiedStories #Technology #sapnews

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New rules, new tools: Quo vadis with Pillar I - #AmountB Sven-Eric Bärsch, Dr. Sven Kluge and I have developed in cooperation with LeitnerLeitner Austria an automated solution tool for Amount B. #PillarOne - Amount B overlaps traditional transfer pricing systems and methods. A multi-stage case review is required to determine whether and how existing systems should be adapted to the new methodology. For this purpose, we have developed an innovative solution to enable the efficient management of transfer prices under the new requirements already incorporated in the #OECD Transfer Pricing Guidelines. The tool checks Amount B‘s scope for the Tested Party in a user-friendly way and automatically determines the final transfer pricing range. 🇩🇪 Live demo on June 17, 2024. Please refer to the info below. 🌍 If you are interested in the tool, please contact us. #OECDTAX #transferpricing #FlickGockeSchaumburg

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