Major Business Benefits of Moving to SAP S/4HANA

August 29, 2018

 

SAP S/4HANA is proving to be SAP’s most successful ERP system. SAP’s involvement with ERP solutions dates back to 1979 when SAP R/2 was launched. In 1992, SAP R/3 was introduced and we have continued to see improvements as the product has evolved from SAP ERP in 2004 to SAP S/4HANA in 2015. The launch of this 4th generation SAP ERP solution is timely, as it has coincided with new technologies and concepts that are driving global business operations, such as cloud services and mobile computing. SAP S/4HANA will replace the current SAP ERP product suite by the end of 2025

 

Empowering business to maximize the opportunities of new emerging technologies
New digital business models set demanding technical requirements. SAP S/4HANA is your way to a next generation, digitalized business platform. SAP S/4HANA runs only on SAP HANA, SAP’s flagship in-memory computing database. This means that running an SAP solution such as S/4HANA naturally takes advantage of the speed of transaction processing and reporting native to SAP HANA. S/4HANA allows you to experience better performance as it relates to complex and time driven business activities such as real-time planning, execution, reporting and analytics based on live data, as well as prompt period closing and improved forecasting. It also allows you provide a better service level for customer-centric applications

 

Access to real-time information to support decision-making
SAP S/4HANA brings you instant insight, as well as real-time access to all relevant data and results, enabling timely business decisions and faster planning and forecasting cycles. For example, real-time transparency allows the CFO to address and resolve possible issues as soon as they arise – not at month-end - leading to faster closing times.


Increased efficiency via automation
SAP S/4HANA’s unique combination of innovation and simplicity drives automated, real time business processes that boost productivity and are less
prone to error.


Innovation

SAP S/4HANA sets the stage for future innovation. Technology is evolving rapidly, which means merely ‘keeping up’ doesn’t cut it anymore. Enterprises have to stay ahead of the curve and make decisions that are future ready. SAP S/4 HANA applications leverage speed, context and data accessibility like never before. It is also driving cloud adoption by businesses, a platform which enables organizations to deliver innovative solutions and widens the capabilities offered by SAP S/4HANA itself.

 

Increased productivity
SAP S/4HANA streamlines business processes to deliver an expanded range of tangible benefits. Advanced analytics enable business users to access the data they need, instantly enabling transparency and faster reaction to changes in the business environment, while at the same time reducing the manual workload.


IT cost savings
S/4HANA simplifies your IT landscape and optimizes data volumes, removing parallel and overlapping data, to drive a reduction in ongoing operating costs and infrastructure investment. 

 

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