Drive Business Process Intelligence with the Ever-Versatile SAP S/4HANA
World leader in ERP (Enterprise Resource Planning) solutions, SAP is constantly pushing the envelope with next generation business applications to help businesses reinvent themselves.
SAP S/4HANA (SAP Business Suite 4 SAP HANA) is an SAP product that is paving the way for enterprises to leverage technologies like big data, AI, IoT and lots more to upscale their business. Built fully on the in-memory platform, SAP S/4HANA tools are designed to offer you with real-time processes, dynamic planning and analysis so you can better evolve with evolving times.
However, which domains are most benefited by the bounties of migration to the cloud? The answer is, anyone and everyone!
SAP S/4HANA brings innovations to all lines of business. Some of them are as follows:
Oil, Gas and Energy:
SAP S/4HANA helps oil, gas and energy companies meet customer demands and profit goals while ensuring environmental sustainability with an integrated Oil, Gas, and Energy software from SAP. It leverages top notch upstream hydrocarbon accounting to boost productivity and maximises asset usage by unifying oil, gas, and energy.
It also boosts production processes across energy firms so as to streamline product engineering, asset maintenance and planning.
In addition, SAP S/4HANA also brings to you RISE with SAP, which provides its customers with complete business transformation as a service (BTaaS) in a single package. It leverages, business process intelligence, technology credits, top analytics and more so your firm can visualise annual profits while ensuring environmental sustainability in the long run. At its core, SAP S/4HANA puts in place tools that ensure reliable project management, intelligent asset management and distribution management to drive safe and optimised hydrocarbon supply and fuel retailing.
Click here to read more about SAP S/4HANA initiatives for sustainable oil, gas and energy production.
Finance:
As part of a broader ‘Intelligent Enterprise Transformation’, SAP S/4 HANA helps Finance firms attain a larger agility in terms of the way they operate. The most essential components of this are integrated intelligence and responsiveness enabled by the cloud to adapt and respond to the changing market. With the help of SAP S/4HANA's in-memory processing, it is feasible to store and access more data from a wider range of sources, all from a single centralised universal ledger.
SAP S/4 HANA puts the finance function back in charge by operating in the following ways:
- Leveraging real-time insights for forecasting and scenario planning.
- Single source data pools for accurate data analysing.
- Obtaining real-time profitability insights from SAP S/4HANA.
- Built-in data consolidation, from the ground up.
Asset Management, Transportation and Inventory Management (STORAGE):
The storage industry is constantly battling issues like increasing number of orders, decreasing number of transport channels and providing on-time delivery. One of the most common concerns for this sector is Warehouse management that SAP tries to combat through its S/4 HANA initiatives.
SAP S/4HANA 1610 SAP offers two Warehouse Management Systems, SAP Warehouse Management (WM) application and SAP Extended Warehouse Management (EWM), which aim at digitising material handling and supply chain functioning respectively.
These above Warehouse management tools further pave the way for the following transformations:
- SAP S/4 HANA's Inbound Processing feature that handles all of the steps involved in the physical acceptance and storage of goods.
- As part of the inbound process, Quality Management enables businesses to determine whether delivered products or packaging meet their quality criteria.
- The Outbound Processing feature includes all process steps for physically removing goods from stock, including packing the goods according to customer requirements prior to outbound delivery.
- Internal Warehouse Movements that employ RF transactions to efficiently control the internal movements of products in the company's warehouse
The bounties of SAP S/4 HANA are not limited to the above areas. They are leveraged across industries cross-topics, covering sectors like Sourcing and Procurement, Management, Product Compliance, Service, Sales and lots more.
Irrespective of the domain you belong to, SAP S/4 HANA helps you migrate to the future by loading your data on cloud instead of legacy practices, and makes sure you are in line with current competition. Apart from data migration, it helps you make your business more customer centric, provides better employee experience while ensuring environmental sustainability. No matter where you are in your SAP S/4 HANA journey, we help you discover the pathbreaking possibilities of the technology. We encourage you to get in touch with us to reimagine everything required for an effective transformation.
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