Top 5 reasons to embrace Machine Learning

January 9, 2018

Machine learning describes algorithms that can learn from data without having to be explicitly programmed. Improved processing power, better algorithms and the availability of Big Data are the foundation and the reason why machine learning will take enterprise software to a new level now. SAP S/4HANA and SAP Leonardo can help your business embrace Machine Learning today. 

 

SAP S/4HANA is like your central nervous system, integrating and coordinating information from all parts of your company.

 

Like nerves in your body sending and receiving information from your brain, the SAP Leonardo Machine Learning applications interact with SAP S/4HANA and seamlessly integrate with your existing business processes. They get inputs from a variety of sources, perform tasks, and return results automatically.

 

With SAP S/4HANA and SAP Leonardo, you can now improve your efficiency, take actions based on predictive insights, reduce your Total Cost of Ownership (TCO), and much more.

 

Remittance Advice Extractor - Extract payment information from unstructured documents.

 

  • No manual input of remittance advice required

  • Makes information available for further automatic processing in SAP applications

  • Reduces manual efforts and errors and leverage further process automation, e.g. SAP Cash Application

 

SAP Cash Application - Next-generation intelligent invoice matching powered by machine learning.

 

  • Improves days of sale outstanding

  • Integrated with SAP S/4HANA for reduced TCO and time to value

  • Allows shared services to scale as the business grows

  • Empowers finance to focus on strategic tasks and service quality

 

Predictive Analytics for Contract Consumption - Proactively renew contracts by predicting their expiration and consumption.

 

  • Forecasts when a purchasing contract is expected to be 100% consumed

  • Renegotiation of purchasing contracts when they are due

  • Predicted expiration or total consumption ahead of time

  • Effective negotiations with suppliers

 

Predictive Analytics for Stock in Transit - Predict shipment dates and manage stock in transit.

 

  • Track material in transit / open stock transport orders against a time schedule

  • Identify items where delivery date significantly differs from predicted

  • Adjust time schedule based on empirical data

  • Overall more reliable planning / schedule of goods in transit

 

SAP Business Integrity Screening - Improve fraud identification and prevention with customized predictive detection methods.

 

  • Ability to focus on cases with highest likelihood of fraud and ROI

  • Integrated with SAP HANA for reduced TCO and time to value

  • Models update as patterns of fraud evolve

  • Custom and 3rd-party algorithms to optimize for customer's business

 

Experience Digital Transformation with Approyo
The opportunity exists to transform business processes and achieve the digital transformation of your business with more automation and real-time visibility. Our SAP S/4HANA, SAP HANA and Cloud solutions address these important needs and more. Let us show you today! Set up a free consultation. 

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