Glossary
Key terms in digitalization, AI, SAP and ERP — explained concisely and practically.
Central Finance (cFIN)
Central Finance consolidates financial data from multiple SAP systems in real time. A path to S/4HANA without a big-bang migration.
Chatbot
Chatbots automate customer communication, from rule-based scripts to GPT-powered dialogues. Types, costs, and enterprise use.
Computer Vision
Computer vision recognizes and interprets images automatically. Quality control, OCR, and medical imaging with 90%+ accuracy.
AI Agent
AI agents act autonomously: analyze, decide, execute. The difference from chatbots and what it means for enterprises.
AI Consulting
AI consulting guides businesses from strategy to deployment. What it costs, what it delivers, and how to choose the right partner.
AI Implementation
AI implementation moves models into production. 80% of projects fail, not because of technology. Here is what you need to know.
AI Strategy
An AI strategy defines where AI creates the most value and how to prepare your organization. A practical framework for decision-makers.
Artificial Intelligence (AI)
Artificial intelligence encompasses systems that learn, recognize, and decide. The German AI market reaches €9 billion in 2025.
SAP Asset Accounting (FI-AA)
SAP FI-AA manages fixed assets from acquisition to depreciation. In S/4HANA, asset accounting merges into the ACDOCA table.
SAP Business Partner
SAP Business Partner replaces separate customer and vendor master records in S/4HANA. A mandatory migration for every conversion.
SAP CO-PA (Profitability Analysis)
SAP CO-PA analyzes profitability by market segments. In S/4HANA, account-based and costing-based CO-PA merge into one model.
SAP FICO
SAP FICO connects Financial Accounting and Controlling in the ERP. In S/4HANA, FI and CO converge through the Universal Journal.
SAP General Ledger (New GL)
The SAP General Ledger is the core of financial accounting. In S/4HANA, the New GL becomes the sole posting journal via ACDOCA.
SAP Cost Center Accounting
SAP Cost Center Accounting allocates overhead costs by cause. In S/4HANA, all postings flow directly into the Universal Journal.
SAP S/4HANA
SAP S/4HANA is the next-generation ERP on the HANA database. ECC maintenance ends 2027. Migration is now mandatory.