In addition to the new features described in our blog post from September 18, SAP S/4HANA 1709 also delivers a broad array of innovations specific to lines of business.
To achieve faster entity close while meeting regulatory requirements, the SAP Financial Closing cockpit is now a core part of SAP S/4HANA 1709. Business users get unparalleled transparency and insights throughout the closing cycle while improving their productivity with automated closing tasks and an enhanced user experience.
Better connect your digital core to the edge of your enterprise with improved integration of processes between finance operations and your business network applications, including:
Invoice and discount management with sell-side Ariba® Network
Supply chain finance with the SAP Ariba Payables solution
Cost center with SAP SuccessFactors® solutions
Payment advice with SAP Fieldglass® solutions
Other notable finance innovations in SAP S/4HANA 1709 include:
Central process execution for accounts payable and accounts receivable in central finance
New functionality for treasury and cash management, such as improved foreign currency hedge management and improved bank relationship management
Real-time consolidation capability with the elimination of inter-company transactions
EXTENDED SUPPLY CHAIN
The 1610 release of SAP S/4HANA brought advanced supply chain and manufacturing func-tionality such as production planning and detailed scheduling, advanced available to promise, and extended warehouse management directly into core ERP. This eliminated functional boundaries and allowed businesses to orchestrate end-to-end supply chain and manufacturing processes to better respond to customers’ demand for personalized products. SAP S/4HANA 1709 continues the supply chain conversion path of the prior release by integrating the SAP Transportation Management application into the core, delivering the industry’s first truly converged supply chain and manufacturing ERP solution from planning and forecasting all the way to downstream production, execution, and transportation.
In addition, logistics professionals can now take advantage of a new transportation cockpit as well as load consolidation, planning and optimization, automated carrier selection, and more. This reduces IT landscape complexity while simultaneously providing best-of-breed transportation tools to make your operations more efficient and effective. We have also extended embedded analytics capabilities to cover transportation management.
SAP S/4HANA 1709 also allows you to leverage demand-driven material requirements planning in your supply chain and manufacturing environment. Now you can provide real-time prioritization of supply orders, dampen variability with strategic buffering, and shorten lead times. This allows you to reduce cost with lower overall stock while ensuring high customer service levels. This new material requirements planning concept provides full demand transparency, decision support, instant insight, and immediate resolution based on lead time and consumption analytics.
Here are other notable supply chain and manufacturing innovations in SAP S/4HANA 1709:
In warehouse management: integration of quality management processes and management for unplanned returns
In supplier relationship management: a new centralized purchase hub for consolidated purchase requisitions
In manufacturing engineering: conversion of an engineering bill of materials (BOM) into a manufacturing BOM, 3D visual support for BOM items, and animated work instructions
In manufacturing for complex assembly: enhanced comprehensive planning environment, change impact analysis, and system-based shop-floor monitoring with automatic issue detection
In extended production operations: enhanced monitor production orders and operations, root cause analysis and decision support for shop-floor operation issues, management of work queues and adjustments to existing production orders, and tracking and tracing of individual parts
SALES AND MARKETING
Beginning with support package stack 01 (SPS 01), we plan to have functionality in SAP S/4HANA for customer management, creating the technical foundation to harmonize billing, pricing, service, and other customer-driven processes for companies with distinct on-premise or private-cloud strategies.
New SAP Fiori apps improve sales order processing, claims, returns, and refund management; sales master data management; billing and invoicing; and monitoring and analytics. Specific highlights include the My Sales Overview app for internal sales representatives, the ability to easily identify and list incomplete sales documents, and the convergence of external billing data, sales orders, sales contracts, debit memo requests, and outbound deliveries into one invoice.
Learn more about SAP S/4HANA 1709.
Download our whitepaper focused on all the new features and functionality found in the new SAP S/4HANA 1709. Download your copy today....
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