Vol 9 No 1 (2024): June
Business and Economics

SAP Integration Boosts Financial Transparency in Indonesia
Integrasi SAP Meningkatkan Transparansi Keuangan di Indonesia


Alkifa Wahyuning Tyas
Universitas Muhammadiyah Sidoarjo, Indonesia
Fityan Izza Noor Abidin
Universitas Muhammadiyah Sidoarjo, Indonesia *

(*) Corresponding Author
Picture in here are illustration from public domain image or provided by the author, as part of their works
Published June 6, 2024
Keywords
  • SAP system,
  • financial transparenc,
  • qualitative analysis,
  • Kimia Farma,
  • financial reporting
How to Cite
Tyas, A. W., & Abidin, F. I. N. (2024). SAP Integration Boosts Financial Transparency in Indonesia. Academia Open, 9(1), 10.21070/acopen.9.2024.8062. https://doi.org/10.21070/acopen.9.2024.8062

Abstract

This study evaluates the implementation of the SAP system at PT. Kimia Farma Pharmacy Sidoarjo Business Unit and its impact on financial report transparency. Using a descriptive qualitative method involving interviews, observation, and documentation, the research found that only four of nine SAP modules are used, yet the system is well-implemented. The SAP system enhances financial report transparency by meeting key transparency characteristics, thereby reducing fraud and ensuring accurate financial disclosures. This suggests that even partial SAP implementation can significantly improve financial transparency.

 

Highlight:  

  1. Limited Modules: Four of nine SAP modules are effectively utilized.
  2. Transparency Boost: SAP system enhances financial report transparency significantly.
  3. Fraud Reduction: Improved transparency reduces fraud and ensures accurate financial disclosures.

Keyword:  SAP system, financial transparency, qualitative analysis, Kimia Farma, financial reporting

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