Before SAP S/4 HANA, there was the SAP ERP. SAP stands for Systems Application Products. SAP rebuilt their ERP solution to take full advantage of HANA’s streamlined performance and innovative data models. S/4 Hana can dramatically optimize business processes, provide real-time reporting and address cases using automation, decision-making, predictive analysis, and other business requirements. It can resolve issues that traditional ERP systems go through. Such issues addressed can include batch latency, manual drive processes, and data sprawls. This could also lower IT costs, provide better stability and lessen the disruption experienced from upgrades.
You can deploy S/4 HANA in your data center, a private enterprise cloud platform or in a public cloud system. This can be managed on the SAP Cloud Platform or can be deployed with the provider of their choice. These providers can include AWS, Microsoft Azure, IBM, and Google Cloud.
What are the things that S/4 HANA can do for you? The benefits you can reap from this advanced platform outweigh most problems you might experience when upgrading. This business platform can change your whole process and make it faster. Here are some benefits that you can find once you upgrade to S/4 HANA:
Simplify Your Process
S/4 HANA can act as the digital core of your business process. You can experience real-time system updates with key performance indicators that are instantly refreshed as soon as you log in. It also eliminates the end-of-period batch bottlenecks that are a drawback of older systems. It also has continuous intercompany reconciliation and financial reporting visibility processes. S/4 HANA can also give you an updated profitability analysis and line-item detail reconciliation. It can even automate routine tasks for you.
Dynamic Business Models
S/4 HANA uses the Fiori 2.0 user interface. The design is made so that users can easily access their overview pages, list reports, and work lists. The new UI system lets you quickly access actions and find important details faster compared to other user interface systems. You can potentially drive in new revenue and profit while connecting to your customers better.
You have increased mobility and you can easily access the data you need such as user interactions for viewing, reporting, and analytics. S/4 HANA also includes simplified finance templates and unified data models. This system uses intelligent software to provide real-time financial processing to close any deals faster. It can easily track your revenue, allowing you to produce reports faster.
S/4 HANA allows you to have a cost-effective IT landscape. You can significantly reduce your data footprint and work with larger data sets. You’ll only be using one system for this, saving you some money on hardware costs. You also have a variety of deployment options: cloud, on-premise, or hybrid.
The features of SAP S/4 HANA can pivot your business to a better, customer oriented, faster platform. Let S/4 HANA be the one to bring you closer to your financial goals for your business. Here are some features of SAP S/4 HANA:
S/4 HANA helps various users plan, execute, monitor and analyze their financials. S/4 HANA helps businesses close their books faster with increased accuracy and reduced resources.
Traditional methods require users to indicate incoming items before performing any quality inspections. S/4 HANA can let users perform quality management activities once they receive the goods.
S/4 HANA has a new feature that syncs external service orders and service confirmations through various APIs. It provides the functionality to make the execution of field services easier in conjunction with an external system. The data can be stored in a universal database.
SAP S/4 HANA for Business
S/4 HANA might just be the perfect business suite for your organization. If you’re looking for a platform that can make all your business processes easier and more streamlined, this is the one for you. It’s faster compared to previous SAP platforms. Its simplified nature lets users easily manipulate the system and reduce any potential IT costs. Many businesses, including shopping and finance. Don’t let the conversion process intimidate you. It may seem daunting and slow at first but it’s a small sacrifice to make if you want a faster management system for your business.