SAP's accrual agents now post straight into its central ledger, it said. Controllers still answer the auditor.
SAP said on Monday that the Accounting Accruals Agent and a Receivables and Payables Clearing Agent are now on general release to customers and post against the Universal Journal, its central ledger.
The claim appears in a blog by chief product officer Manoj Swaminathan on SAP's fifth year as a Leader in Gartner's ranking of cloud ERP for service-centric companies.
SAP puts its Billing Assistant at 90% less time to resolve billing posting issues and 70% less invoice reprocessing effort. It names no customer behind either figure, and says the agents execute "with approvals and audit trails built in".
Workday, a Leader in the same Gartner ranking, said on 5 November that its agents can catch "a missing accrual before the books close" and act within existing approval chains.
Our reading for controllers, who sign off the accruals and answer the auditor for every ledger line: that leaves a control to define. Two vendors now sell software that books or catches accruals on its own. Neither text identifies who signs off an entry an agent booked. An audit trail shows what the software did, not whether the estimate behind it was right.
Sources
Our file on SAP
- 13 Nov
IT leaders are listing SAP's ERP among software they may replace, CIO reported. Gartner says most won't make the switch for years.
- 13 Nov
Trek says SAP online store fixes now take a day, not one to two weeks. Developers still approve every AI change.
- 13 Nov
SAP now shows emissions for selected cloud products, based on its servers. It still calls its spend-based estimate the reporting reference.
- 12 Nov
SAP is building seven AI agent families to help upgrade customer code. Its ABAP chief said ABAP changes are usually not undone.
- 12 Nov
SAP says Joule AI, used by 110,000 staff, brought 20% gains. Bloomberg reported SAP has not shown how it measured them.
For your next steering committee
- 1Ask which AI tools already touch your ERP or finance data, including the ones nobody approved.
- 2Ask what each tool is allowed to change, and who reviews what it changed.
- 3Ask how the result is measured, and who decides to switch a tool off.
Issue 01 of the ERP LEADERS brief puts a timeline, the three-number review and six questions on one page. Read issue 01
Welcome back. · Issue 01
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