Wednesday, 09 March 2016 11:53

EBS Workbench®

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…increasing your efficiency in bank statement processing

EBS Workbench® is a software add-on for your SAP® ERP System which is programmed in ABAP, the native SAP programming language.

EBS Workbench® significantly reduces the day-to-day manual work in your accounting departments or shared service centers and helps to automate bank statement processing in all entities which run SAP® Financial Systems.

All settings in EBS Workbench® can be configured by your business departments - this ensures that time consuming customizing by internal or external IT resources is no longer required.

A combination of automation rules and a flexible one-screen transaction for post-processing of bank statement data provides maximum efficiency for your business.

EBS Workbench® seamlessly integrates into your current SAP® ERP system and helps the users to perform their daily tasks more efficiently.

 

Current automation tools and user-exits are at the end of their product lifecycle

Many companies have programmed solutions in place which may have proven to be effective in the past. However, every time new requirements occur it is necessary to change the program or even develop a new one. Frequent changes in payments and the banking landscape have proven that more flexible solutions are required. In order to accommodate client requirements today a flexible solution is indispensable.

Some of the latest changes lowering your current automation rate might be:

  • New banks introduce new sets of transactions
  • Bank mergers lead to changed bank statement content
  • New payment instruments are introduced
  • New customers have different payment and payment reporting standards
  • New countries have different clearing systems

 

EBS Workbench® quickly increases your efficiency
  • Flexible one-screen transaction
  • Fully integrated into your SAP® ERP system
  • Automate all transactions which you would like to automate
  • Easy post-processing of transactions which cannot be automated
  • New and advanced search options which can be easily extended by users
  • Business users can configure the system on the fly
  • Automation and posting rules can be defined by business users themselves

 

As part of the optional potential analysis offered by us, we like to point to and process improvements in your business.

Read 5146564 times Last modified on Wednesday, 15 June 2016 14:42

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    How Are Electoral Votes Calculated?
    The United States electoral system can often seem intricate and shrouded in complexity, particularly for those not deeply versed in political science. A key component of this system is the Electoral College, which is paramount in determining the outcome of presidential elections. Understanding how electoral votes are calculated not only demystifies the election process, but also reinforces the importance of civic engagement in democratic systems.
    In this article, I aim to elucidate the method by which electoral votes are assigned and distributed among the states, discuss the implications of this system, and answer some frequently asked questions.
    The Structure of the Electoral College
    The Electoral College consists of 538 electors, with a majority of 270 votes needed to win the presidency. Each state’s number of electors is equal to the total number of its Senators and Representatives in Congress. Consequently, all states are represented by at least three electors—two Senators and at least one Representative.
    Table 1: Distribution of Electoral Votes by State



    State
    Number of Electors
    State Population (est.)



    Alabama
    9
    5,024,279


    Alaska
    3
    733,391


    Arizona
    11
    7,151,502


    California
    55
    39,538,223


    Florida
    29
    21,538,187


    New York
    28
    20,201,249


    Texas
    40
    29,145,505


    Wyoming
    3
    576,851


    Total
    538



    This electoral vote distribution is recalibrated every ten years following the census, as population shifts can lead to changes in congressional representation.
    How Are Electoral Votes Calculated?
    The process can be broken down into a few simple steps:

    Census and Apportionment: Every ten years, the U.S. conducts a census that counts the population of each state. The data collected from the census not only informs federal funding but also the apportionment of congressional seats and, subsequently, electoral votes.

    State Allocation: Based on the apportionment from the census, states are assigned electoral votes proportional to their respective populations. For instance, larger states like California and Texas have more electoral votes compared to smaller states like Wyoming and Vermont.

    State Electoral Processes: Generally, states employ a winner-takes-all system, where the candidate who wins the majority of the popular vote within that state receives all of its electoral votes. This is the case in 48 states, with Maine and Nebraska being the exceptions, employing a proportional distribution of votes.

    Certification: After the presidential election, each state verifies and certifies its results, affirming the electoral votes won by each candidate. These certified votes are then submitted to Congress.


    The Role of Public Opinion
    It is essential to recognize that while the electoral vote system is designed to represent the population, it also reflects the political landscape of each state. The winner-takes-all system can lead to controversial outcomes, where the popular vote winner may not secure the presidency due to the distribution of electoral votes.

    “Elections are about choices, but they are also about rules. The rules that govern how votes are counted and how electoral votes are allocated can shape the choices we have.” – Anonymous

    Implications of Electoral Votes
    The Electoral College system has significant implications for campaign strategies and voter engagement. Candidates focus on swing states—those in which no single candidate has overwhelming support—rather than concentrating solely on areas with dense populations. This results in political resources being allocated unevenly, potentially leading to voter disenfranchisement in areas considered "safe" for one party or the other.
    Frequently Asked Questions (FAQs)
    1. How many electoral votes does my state have?
    To determine your state’s electoral votes, refer to the current apportionment table—remember that this is influenced by the most recent census.
    2. What happens if no candidate receives 270 electoral votes?
    If no candidate wins the necessary 270 electoral votes, the election is decided by the House of Representatives, where each state delegation casts one vote for one of the top three candidates.
    3. Why do some states have more electoral votes than others?
    Electoral votes are based on the number of congressional seats assigned to each state, which in turn depend on the state's population as measured in the census.
    4. Why do we use the Electoral College instead of a direct popular vote?
    The Founding Fathers established the Electoral College as a compromise between electing the president by a vote in Congress and by popular vote. It was designed to balance the influence of populous states with less populous ones.
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    This system can lead to a discrepancy between the popular vote and electoral results, as it concentrates campaign attention on battleground states rather than reflecting the nationwide popular support for a candidate.
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    Informed citizens are essential for a healthy democracy. I encourage everyone to partake in discussions about their electoral rights and responsibilities, as these discussions are vital for maintaining the integrity of our political institutions.

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