SAP S/4HANA is a game changer for businesses. It is a next-generation business suite that enables companies to run their businesses in real time. It provides a single view of the business, which allows companies to make faster and better decisions.
SAP S/4HANA also provides a simplified user interface that makes it easy for employees to access the information they need to do their jobs. And it offers a wide range of applications that can be customized to meet the specific needs of each business.
Most importantly, SAP S/4HANA is cloud-based, which means businesses can access it from any device, anywhere in the world. This gives businesses the flexibility they need to run their businesses effectively and efficiently.
SAP S/4HANA is changing the way businesses operate. It is providing them with the tools they need to make better decisions, faster. And it is giving them the flexibility they need to run their businesses in a changing world.
Transformational benefits afforded to the enterprise sector in a nutshell
Easier to update business models – With expanded opportunities to apply data and pivot to new business models, companies can make model changes more easily with SAP S/4HANA as it’s built from the ground up and accounts for the way companies now do business.
Simpler to bring acquisitions into the ERP environment – In the world of consumer-packaged goods, companies expand into new markets and add complementary products to their offerings by acquiring smaller brands. With S/4HANA, businesses don’t necessarily have to fold acquisitions into their core but rather keep them on the SAP public cloud.
Lower ownership costs
S/4HANA brings functions like Global Available-to-Promise (Global ATP) and master data governance into the core. Fewer boxes to manage means lower ownership and maintenance costs from an infrastructure perspective.
Faster analytical insights
Running on the HANA in-memory database, S/4HANA increases performance exponentially. Its smart data design reduces aggregate tables and data redundancy for greater efficiency. Instead of storing data in a data warehouse and waiting for it to load, the core ERP system provides analytics and faster insights.
More accurate forecasting
Embedded AI and machine learning applications are continuing to evolve slowly but steadily in S/4HANA to improve modelling, predictive outcomes and forecasting.
Faster period-end closings
For financials, a faster database should lead to faster end-of-period closings. Companies can reconcile their accounting in real-time and receive reports showing where they financially stand. S/4HANA also allows businesses to do predictive accounting by applying AI and machine learning.
Proactive assets maintenance
The in-memory database, machine learning and AI allow companies to pair industrial IoT sensors with S/4HANA for predictive analytics, particularly on the manufacturing shop floor, to monitor assets and receive alerts if a machine is malfunctioning.
Tedious tasks automated
S/4HANA provides light process automation so organizations can automate routine tasks such as running reports that previously were done manually, freeing up workers to focus on more productive actions. Robotic process automation tools can also be added to speed and streamline business processes.
