With the recent global events, more businesses are now making a technology shift towards ERP, Cloud, CRM to grow their business and serve their customers faster and better. With numerous ERP offerings available, now is the best time to adopt an ERP platform in your business functions. If you are looking for a new ERP platform or migrating your existing SAP business suite to the latest version, then SAP S/4HANA, SAP’s most successful ERP system is the right choice.
SAP S/4HANA transforms both business and IT functions with integrations, simplified data model and intelligent process automations. It takes into account the changing business environment, data conversion, migration, storage and change management. It is a simplified in-memory database that offers exponentially faster processing speeds with simple transactions.
This user-friendly, intuitive platform does not require special workforce trainings. With HANA Cloud, you can scale your business solutions whenever required without paying for on-premise hardware. You can also transform your on-premise business landscape to S/4HANA Cloud environment as a digital core that is highly robust and secure. You can execute business transactions, generate reports and analyze real-time data. This helps in faster decision-making based on insights from the data. It also offers real-time finance, supply chain, machine learning applications, predictive material resource planning (MRP).
Embedded Analytics offered within the business technology platform eliminates the need for an extensive separate data warehouse and provides real-time operational reporting. This helps to collect, store and analyze petabytes of data in a few minutes. You can create dashboards to visualize the data and track the status of various business-related tasks. The data reports are used to forecast sales, supply, demand, people forecasting, operations planning and financial planning. It also prevents fraudulent activities by detecting anomalies. SAP provides various other modules to address the business challenges. For instance, with SAP HCM, you can reduce the payroll processing time from multiple days to few minutes. SAP Fiori helps you provide a uniform user experience irrespective of all device and screen sizes.
SAP S/4HANA is a revolutionary milestone in the business management software world. SAP will end support for its existing legacy versions in 2027. The Sooner you make a transition to S/4HANA, the more time you will have to plan and execute new solutions to grow your business. If you don’t make an early switch and keep building on your existing version, migration in the future will become more complex and time-consuming.