SAP S/4 HANA: A Next Generation Solution
What is SAP S/4 HANA?
SAP S/4 HANA is a brand new generation of SAP business suite. It is powered by the most comprehensive range of characteristics that involves simplified processes offering greater efficiency. The list of SAP S/4 HANA features is extensive, which brings many new innovative capabilities along. In a nutshell, we can sum up this amazing SAP platform in three phrases: Excellent automation, insightful prediction, and gen-next processes.
With the release of SAP S/4 HANA on 20 Sept 2020, SAP has yet again proved its capability to outdo itself by delivering futuristically edgy functionalities.
Fundamentals of SAP S/4 HANA
- Architecture that sets a reliable foundation making it capable of greatest automation
- SAP S/4 HANA has an intelligence system with embedded analytics
- Delivers greater experience for quick implementation, adaption, and consumption
How do we apply it to our organization?
To understand the bigger picture, you need to know how SAP is evolving in terms of its innovations. In 2017, the recorded number of innovations in SAP HANA was 966, next year it rose to 2389, next to that the number went up to 3312. This means users are receiving the latest functionalities each year by approximately 3.5 times. Isn’t it wonderful?
Now, these numbers give you an idea about how agile and scalable SAP is! Your collaboration with SAP S/4 HANA will help not just strengthen the core of your business but also suggest new ways to achieve ultimate success. Technically, implementation of SAP S/4 HANA will be beneficial for five business domains it also comes with its unique utilities for each domain.
- Finance
In finance, it enhances the quality of the closing process. This, in turn, leads to better efficiency and higher productivity. And what happens when an organization gets valuable business insights? It flourishes!
- Inventory management
For inventory management, there is a SAP Fiori App which is used to analyze slow or non-moving materials. To take care of the absolute stock SAP has developed a dedicated app.
- Procurement
The feature for procurement helps an organization to monitor substances and study the impact on sales, supplies, and production.
- Sales
For sales, SAP S/4 HANA provides workflows for sales documentation. Which means the organization gets quotations for sales order, and for credit memo requests. Besides, one also gets workflow notifications.
- Manufacturing
For the manufacturing industry SAP S/4 HANA has intelligent robotic process automation that empowers you by providing predictive material resource planning. It results in reducing inventory costs.
Studies have proved that SAP S/4 HANA improves your company performance by tracking the KPI’s and mapping out how they could be enhanced. It wouldn’t be a surprise if you exceed your own benchmark with SAP S/4 HANA integration.
How is it making the digital core stronger?
As stated above, SAP S/4 HANA could be summed up to three things – extraordinary UI, automation and next-generation business processes. So how do these contribute in building a strong digital core for our clients? Well, each one of these functionalities has a role to perform that delivers a unique perk. Let’s check them out!
- Advanced UX – Innovative UI’s along with simplified processing helps to deliver a very personalized experience
- Automation – Automation helps organizations to reduce unnecessary cost
- Gen-Next Business processes – It provides a strong and well-aligned infrastructure that helps you create value and design practical service tasks.
SAP, with its path-breaking versions, has helped tons of businesses to achieve their goals. We at Infonikka deliver driven SAP services. You can visit our site to know more.