We are a team of passionately dedicated professionals who came together in the year 2020 and formed Ayoshya technology. In the time when the entire world is fighting the global epidemic and businesses are striving to survive, we can help your business sail smoothly by providing efficient and cost-effective SAP Services. We can help you gain momentum in this digital world.We can deliver quality-oriented and time-driven SAP functional and technical consulting to different business horizons such as Information Technology, Manufacturing, Construction, Media & Hospitality, Financial Services, and many others.
Ayoshya technologies was incorporated in the year 2020. Two enthusiasts Mrs, “Ayodhya” and Mr. Shyam” decided to put into practice their strong domain knowledge/SAP expertise and formed a company named “Ayosha Technologies.” Both of these individuals are certified SAP experts and passionate to help businesses navigate through their digital transformation.
We have a dedicated team of SAP experts who can take care of all your SAP and Oracle needs. We can serve businesses of all kinds, irrespective of their size. We have hands-on experience dealing with SAP ERP systems, SAP CRMs, SAP integration, and SAP migration. And with our proven experience in SAP consulting, you can rest assured that you will get quality services delivered at affordable costs. Our SAP services are designed to fit your SME budgets perfectly. Explore our capacities with SAP consulting below.
SAP S/4 HANA is an intelligent ERP system that works on in-built memory base SAP HANA. We understand the prerequisites ofSAP S/4 HANA pretty well and can provide consulting for all your needs related to SAP S/4 HANA system. We can help you with:
We deliver customized applications SAP ERP development services using the SAP platform. Our team is familiar with the latest SAP technologies and it version. it can also help you migrate your older apps to the latest SAP version.
As one of the fastest-growing technologies, robotic process automation (RPA) is enabling enterprises to dramatically streamline operations, reduce costs, and free people from mundane tasks to focus on higher-value work. Turbocharge your SAP S/4HANA automation efforts with SAP Intelligent RPA.
We provide 27*7 around the clock support for SAP and Oracle applications. We utmost care to reduce the downtime of applications by providing continuous support. We proactively monitor your applications and try to resolve them beforehand. The services are covered under this category
SAP Deals and Conveyance (SD) is a significant module of ERP comprising of business processes expected in selling, delivering, charging of an item. The module is firmly coordinated with SAP MM and SAP PP. Key sub-modules of Deals and Conveyance are Client and Seller Expert Information, Deals, Conveyance, Charging, Evaluating, and Credit The board.
Here are a few significant highlights of the SAP Deals and Distributionmodule:
Cost and Tax collection: – It assists you with assessing the cost of labor and products under different circumstances like refund or rebate, which is conceded to a client.
Accessibility Check: Really look at the accessibility of an item in the stockroom of an association.
Charging and Receipt: Assists you with producing bills or solicitations.
Material Assurance: Assists you with deciding the subtleties of materials based on a specific condition.
Credit The executives: It is a strategy for dealing with the credit furthest reaches of the clients. It very well may be figured in two distinct ways basic credit check and programmed credit check.
Account Assurance: Assists you with deciding the subtleties of clients based on a given condition type.
Key Parts of SAP SD
The SAP Deals and Circulation module is the most essential ERP module created by SAP. It helps in better administration of deals and client conveyance information and cycles in associations.
The significant parts in SAP Deals and Circulation module are:
Ace Information
Deals
Delivery of Material
Charging Related
Deals support
Transportation of items
Unfamiliar Exchange
Sub Modules of SAP SD
SAP-SD-MD (Expert Information):
SAP has ace information, which assists you with following every single exchange inside the information. The SD ace information involves both client and material information, and credit the executives. This module incorporates cycles of request and money.
Elements of Mater Information
Ace information is the main calculate the Deals and Conveyance module.
There are two degrees of experts in SD.
Client Expert
Material Expert
Valuing Conditions
While the subsequent level expert store subtleties like:
Yield condition
Itemized data about clients, materials and colleagues
Adaptable information structures support the business climate.
SAP-SD-SLS (Seals):
SAP Deals and Distributionsales assist you with dealing with the moment subtleties of each and every deal that is occurring. Beginning from recording the item to client subtleties, valuing, criticism, everything is followed utilizing this module.
Elements of Deals Module
Requests and Statements
Deals Requests
Transfer
Booking Arrangements
Rush Requests and Rainchecks
Credit and Charge Reminder Solicitations
SAP-SD-BIL (Charging Module):
Charging is the most critical piece of deals and dissemination process. Customers are given a decision of paying by means of online media or money down. This particular module ought to monitor all the charging information in a legitimate manner.
Elements of Charging Module
Programmed or manual Receipt Creation
The exhaustive arrangement of charging capabilities
Continuous reconciliation with finance
Completely coordinated and thorough estimating
SAP-SD-SHP (Transportation):
Deals are constantly connected with transportation and conveyance. An item should be sent accurately and conveyed to the client.
There are various strategies for transportation, and this module tracks every conveyance for every item. This whole interaction from being sent to conveyed or return back is recorded utilizing this module.
Elements of SAP-SD-SHP
Produce Delivery Records
Picking, Pressing and Stock administration
Transportation The executives and Planning
Conveyance Booking, Brings Conveyances back
Stock Exchange
SAP-SD-TBA (Transportation):
This part works alongside the delivery module. As the method of transportation for every item contrasts, and this module assists you with following all the transportation-related information.
Few industries are as emotional and fast-paced as the fashion industry. Changing consumer expectations with respect to communication, purchasing experience, and touchpoints bring about a new level of complexity. At the same time, companies on the market are undergoing a digital transformation. The fashion supply chain, which is often referred to as ‘sheep to shop,’ has largely stayed the same, but with an increasing level of complexity. The trend toward digitalization in sales and marketing as well as production and procurement presents new challenges for fashion IT.
Challenges for Companies
Retailers are entering into value creation processes traditionally allotted to producers. They are developing their own brands and selling products using their established sales channels. Manufacturers are frequently taking on the role of retailers and selling their collections in their own stores or directly to end customers over the Internet. More and more companies that have been organized vertically from the outset are entering the market. They cover the entire fashion process chain – or supply chain – on their own. Previously there was specialized IT for manufacturers and retailers, but these highly specific processes no longer exist. With the right IT solution, you can manage the verticalization of your entire value creation chain and provide optimum support for all of the necessary functional processes.
Retail, Wholesale, and Manufacturing, All from a Single Source
The vision for SAP S/4HANA for Fashion and Vertical Business is the solution for ‘complete vertical integration.’ The SAP solution for fashion companies is well-suited to the diverse range of complex challenges of the industry and retains the necessary flexibility to meet new requirements. Integrating all of a fashion retailer’s channels requires ONE IT platform including a cross-channel integration layer. This solution provides you with maximum transparency and a seamless customer experience across all channels, e.g., so that customers can check availability on the fashion retailer’s website and purchase products over all channels.
Benefits of SAP S/4HANA for Fashion and Vertical Business
Real-Time Insights- Provides real-time information based on common data and forecasts.
Customer Retention- Provides customers with the perfect customer journey across all touchpoints, both online and offline.
Efficiency- Enables expansions for new business models based on a stable IT platform.
Simplification- Simplifies the IT landscape and business processes needed to implement innovations.
Speed- Facilitates fast responses based on information and insights in real time.
Consistency- Harmonizes all processes with one another – from planning and purchasing to sales and campaigns.
Digital technologies pave the way for more service orientation, new digital possibilities and business opportunities. To make the most of it, companies need new billing models.
SAP BRIM offers comprehensive functionalities spanning subscription and order billing, flexible pricing, automated and convergent invoicing, and personalized payment processing to establish digital business models and optimize new processes.
The component ‘Contract Accounts Payable and Receivable’ (SAP FI-CA) includes a subledger which was specifically developed for industries with a huge customer base and subsequently a lot of billing processes involving mass data processing. Therefore, SAP BRIM is ideal for industries like insurance, utilities, telecommunication, media as well as the public sector.
Example: Energy and utilities
Energy and utility providers need to be able to offer more than just electricity, gas and water. Usage data are transferred and billed through smart metering systems in almost real time. It can be differentiated between on-peak and off-peak usage because time stamps and current type are also transferred to BRIM.
Rent, lease and share
There’s almost no product or service that can’t be rented. This business model is ideal for BRIM’s customer-specific billing capabilities. With BRIM, rental companies can bill their services in real time or based on usage data collected by sensors.
For example, if a customer rents an excavator plus driver, the rental company can equip the excavator with a sensor collecting usage data. These data are sent to BRIM and billed in the system. Furthermore, the need for maintenance can be evaluated in real time.
Individual billing
Thanks to its high flexibility and modular adaptability, SAP BRIM is ideal for internet or collaboration platforms and startups. Companies wanting to tackle digital transformation will find even more use cases for BRIM, for example switching from a traditional hardware-focused business to a digital service provider.
Furthermore, BRIM is useful for procurement platforms because it simplifies billing for both B2B customers and individual users.
SAP is one of the world’s leading producers of software for the management of business processes, developing solutions that facilitate effective data processing and information flow across organizations,what is SAP and how it works?.
Founded in 1972, the company was initially called System Analysis Program Development (Systemanalyse Programmentwicklung), later abbreviated to SAP. Since then, it has grown from a small, five-person endeavour to a multinational enterprise headquartered in Walldorf, Germany, with more than 101,000 employees worldwide.
With the introduction of its original SAP R/2 and SAP R/3 software, SAP established the global standard for enterprise resource planning (ERP) software. Now, SAP S/4HANA takes ERP to the next level by using the power of in-memory computing to process vast amounts of data and to support advanced technologies such as artificial intelligence (AI) and machine learning.
The company’s integrated applications connect all parts of a business into an intelligent suite on a fully digital platform, thereby replacing the process-driven, legacy platform. Today, SAP has more than 230 million cloud users, more than 100 solutions covering all business functions, and the largest cloud portfolio of any provider.
Christian Klein (40) leads the company, heads up the Executive Board of SAP SE, and, at 40, is the youngest CEO of any major enterprise on Germany’s DAX blue-chip market index.
SAP software products provide powerful instruments for helping companies to manage their financials, logistics, human resources, and other business areas. The backbone of SAP software offering is an SAP ERP system which is the most advanced Enterprise Resource Planning (ERP) system from currently available ones.
How Does SAP Work?
SAP software products provide powerful instruments for helping companies to manage their financials, logistics, human resources, and other business areas. The backbone of SAP software offering is an SAP ERP system which is the most advanced Enterprise Resource Planning (ERP) system from currently available ones. SAP has evolved to offer application software for supporting complex business functionality and in this post, we are going to explain (on a high level) how does SAP work.
It is a good idea to start answering the question “How Does SAP Work?” with a discussion of what the components of an SAP ERP system are, how they are related to each other, and what are their purposes. We should mention that SAP ERP is not the only SAP software component. There are other business application components such as Business Intelligence (BI), Supply Chain Management (SCM), and Customer Relationship Management (CRM). However, in this article, we are going to focus on SAP ERP because it is the primary component and provides capabilities for integrating business data from other application components.
SAP ERP system is commonly structured in a three-tier client/server architecture. The three-tier architecture is the recommended one because it enables high scalability and flexibility but SAP can also be deployed on two- and one-tier architectures. Figure 1 provides a graphical illustration of the differences between these architectures.
In the three-tier SAP architecture, the presentation tier provides the interface to the user, the application tier processes the business logic, and the database tier stores the business data.
The presentation tier is typically located on PCs of business users and provides the SAP Graphical Interface (SAP GUI). SAP GUI is a lightweight application that can be installed on any computer running MS Windows or Mac OS and it provides the interface for communication between the user and the SAP ERP system.
The application tier is basically the heart of the SAP ERP system. It executes the business logic, responsible for processing client transactions, print jobs, running reports, coordinating access to the database, and interfacing with other applications. It is possible to distribute the application logic between several server machines in situations when the load exceeds processing power of a single server.
The database is used for storing two types of objects: the business-generated data and the SAP application programs. The business-generated data represents data objects created by users as part of various business processes. For instance, sales orders or customer master records are classified as the business-generated data. SAP application programs are routines written in ABAP (special programming language used in SAP) that are loaded into the SAP application servers from the database at runtime.
It is possible to use databases from different vendors (for instance, Oracle or Microsoft) and it is up to the company to decide which database vendor to choose. Usually, the database license is included into the price of SAP. The database tier has the highest requirements for availability, reliability, and performance because usually each SAP system is deployed on one database instance. Therefore, performance of the database tier ultimately determines the scalability of the entire SAP ERP installation.
There are situations when three tiers can be reduced to two or one. The possibility of these situations depends on available processing power and number of business users. For example, it is possible to install all three SAP tiers on a single computer for demo purposes. On the other hand, large SAP productive installations require multiple powerful servers for each of the tiers in order to ensure good performance of the SAP system.
Above these tiers, SAP architecture can be further segmented into several application modules. Each module contains the SAP application programs and business data related to a specific business area such as financial accounting (FI) or materials management (MM). Figure 2 illustrates the application modules which are included in the SAP ERP system.
Traditional business models often decentralize data management, with each business function storing its own operational data in a separate database. This makes it difficult for employees from different business functions to access each other’s information. Furthermore, duplication of data across multiple departments increases IT storage costs and the risk of data errors.
By centralizing data management, SAP software provides multiple business functions with a single view of the truth. This helps companies better manage complex business processes by giving employees of different departments easy access to real-time insights across the enterprise. As a result, businesses can accelerate workflows, improve operational efficiency, raise productivity, enhance customer experiences – and ultimately increase profits.
In this post, we attempted to explain how does SAP work. We tried to avoid difficult technical details and keep the explanation easy for understanding. We first had to describe SAP architecture and various components of the system. Next, we explained and illustrated with a simple example how these components work together and support business processes of an enterprise. Your feedback is very important for us, so if you liked the article, please bookmark it in social networks and leave a comment below.
ERP giant SAP has announced new low-code/no-code tools and three complementary and integrated process automation tools, which address different skill levels and automation scenarios.
SAP Cloud Platform Workflow Management allows developers and business experts to gain end-to-end process visibility, and to configure and automate enterprise workflows in a low-code approach. SAP Cloud Platform Workflow Management includes new predefined content packages and integration with Experience Management solutions from SAP and Qualtrics, combining operational and experience data.
The SAP Ruum solution allows business users with no coding skills to create departmental processes in hours instead of days and weeks. About 50 SAP customers and partners, including German chemical company Evonik Industries AG, U.S. company Varian Medical Systems Inc. and Norwegian furniture maker Ekornes Ltd., have already joined the beta program for SAP Ruum.
“With SAP Ruum, Ekornes was able to model the process in about an hour, without requiring a lengthy project with resources from our central team,” said James Fogarty, an Ekornes business operations analyst.
SAP Intelligent Robotic Process Automation (RPA) 2.0 technology targets developers looking to automate repetitive, manual tasks with software bots. SAP Intelligent RPA includes prebuilt bot templates to drive efficiencies with SAP S/4HANA and 12 lines of business. Beginning January 2021, SAP plans to include a limited edition of SAP Intelligent RPA in every SAP S/4HANA Cloud subscription.
SAP in 2021 plans to offer developers a free tier model for SAP Cloud Platform, the integration and extension solution for SAP Business Technology Platform. The free tier model will provide users access to learn, develop and implement integrations and extensions in one account. It removes current time restrictions and allows users to transfer projects to production without the need to rebuild content. As an intermediary step toward the free tier model, SAP recently extended its current SAP Cloud Platform trial offering from three to 12 months.
“SAP Business Technology Platform is key for our customers to integrate and extend their SAP applications and to enable future business,” said Juergen Mueller, chief technology officer and member of the SAP Executive Board.
“As the cornerstone of SAP’s own transformation and accelerated shift to the cloud, it helps to provide value to customers with a seamless technology experience, a robust ecosystem and greater development efficiency. The ongoing innovation to SAP Business Technology Platform underscores our commitment to the developer community and the entire ecosystem of customers and partners, and shows we are not only listening but also acting on what we hear.”
SAP stands for Systems Applications and Products in Data Processing. SAP, by definition, is also the name of the ERP (Enterprise Resource Planning) software as well as the name of the company. What industry is SAP in? SAP Software is a European multinational, founded in 1972 by Wellenreuther, Hopp, Hector, Plattner, and Tschira. They develop software solutions for managing business operations and customer relationships.
SAP system consists of a number of fully integrated modules, which covers virtually every aspect of business management.
SAP is #1 in the ERP market. As of 2010, SAP has more than 140,000 installations worldwide, over 25 industry-specific business solutions and more than 75,000 customers in 120 countries
Other Competitive products of SAP Software in the market are Oracle, Microsoft Dynamics, etc.
What industry is SAP in? Manufacturing, Life Science, Distribution, Technical and Business Services are the top industries that use SAP Business ByDesign, but healthcare, energy, education, telecommunications, finance and retail also heavily use it.
When a business invests in enterprise resource planning software (ERP), it is investing for the long haul.
That’s because even though cloud ERP has made it easy to switch platforms, actually moving to a new ERP solution still is time-consuming and costly. ERP sits at the center of a business, so changing solutions requires adjusting business processes and migrating everything from data to employees over to the new system. With ERP software sitting at the center of your organization, you can’t just pick another product and be on your way.
So, investing in an ERP solution is also investing in a long-term partnership with the vendor that makes the software. While the specifics of a given ERP solution are important, so is knowing and trusting the vendor you will be relying on for years to come.
With that in mind, let’s take a look at the largest and most pervasive ERP vendor on the market today, SAP. No matter your industry or company size, SAP probably will be on your ERP solution shortlist.
Where does your company fit on the Pyramid of ERP Solutions?
It is estimated that roughly 77 percent of all global transactions come in contact with SAP software. There’s a reason for this: SAP not only helped invent the ERP space, starting with an integrated accounting solution in 1973 and leading the industry as it grew into what it is today. It also is the largest ERP vendor and the 12th largest technology company in the world, used by more than 404,000 businesses across 180 different countries.
Most large businesses use SAP or its closest competitor, Oracle, and SMBs also rely on SAP software; 80 percent of SAP’s customer base is made up of small to medium-sized businesses (SMBs), a surprising number given the company’s reputation for powering some of the world’s largest multinationals.
SAP certainly serves big business. But over the years, the company has developed distinct product lines that serve each segment of the market. There’s SAP Business One for smaller firms, SAP Business ByDesign for growing medium-sized businesses, and the company’s flagship SAP HANA for larger enterprise customers.
Much of the underlying technology is the same, but each SAP product line is full-featured and built from the ground up for its intended market. A multinational has different needs than a 10-employee business, and vice versa. So, SAP has built appropriate solutions for each.
SAP SE engages in the provision of enterprise application software and software-related services. It operates through the following segments: Applications, Technology, and Services; Intelligent Spend Group; and Qualtrics. The Applications, Technology, and Services segment includes software licenses, cloud subscriptions, and related services. The Intelligent Spend Group segment comprises cloud-based collaborative business networks, subscriptions to the cloud offering, and related professional and educational services.
If you haven’t heard yet, mainstream maintenance for SAP’s classic WMS, SAP WM (Warehouse Management), will end in 2025. SAP announced that SAP WM is not the target architecture within SAP S/4HANA but instead EWM (Extended Warehouse Management) is the future for SAP!
SAP is now delivering EWM with the power of S/4HANA through an embedded version of EWM, replacing the dated WM module for S/4HANA. With multiple licensing, deployment and hosting options, there is flavour of SAP EWM for all businesses.
With this new direction, SAP offers EWM with two different licensing structures for embedded EWM on S/4HANA, Basic or Advanced.
EWM Basic is geared towards businesses who are running S/4HANA ERP and want to leverage the warehouse management functionality included with their current licensing. EWM Basic has additional and enhanced functionality over the old WM module, including more granular bin levels and a robust user-friendly RF framework. On top of that, the users will have access to standard EWM processes, from Physical Inventory to Outbound processing.
Nevertheless, if your warehouse processes are in need of a more robust warehouse management solution, EWM Advanced is your answer. The Advanced licensing for EWM provides operators with access to all the capabilities included with the Basic licensing, plus additional and optimized functionalities. With EWM Advanced, users have enhanced processes like optimized Inventory Management that includes slotting and rearrangement and improved Outbound processing with Wave Management. EWM advanced also includes additional functionalities such as Yard Management with access to the Shipping Cockpit and Dock Appointment Scheduling or Labor Management with Engineered Labor Standards and Travel Distance Calculations.
Along with the choice of different licensing options, is the decision of how to deploy SAP EWM.
There are multiple options to meet every business’ needs, from large 24/7 365-day operations to small 9-5 business operations.For larger businesses with a high volume of transactions, they will want to investigate a few options for EWM deployment; Business Suite Decentral EWM 9.5, EWM Embedded in S/4HANA or the soon to be available Stand Alone EWM on S/4HANA, of which MSCG is currently involved in partner testing. For these deployments, businesses will decide how to host their environment, whether owning this internally or having a third party do so. For smaller scale operations, SAP offers EWM S/4HANA Cloud with Single Tenant and Multiple Tenant options and is soon to offer Stand Alone EWM S/4HANA Cloud. It’s important to weigh all options because the factors that go into making a correct decision for your business will drastically vary, each affecting this decision differently.
According to the current SAP road map, the outdated WM module will no longer receive new development work and it’s support cycle is slated to end in 2025. With that, now is the time for your business to start planning the upgrade and migration to S/4HANA Embedded EWM. During your migration to S/4HANA EWM, decisions will be made as to what new functionality should be leveraged or how current WM master data can be utilized with EWM. My Supply Chain Group provides the expertise your company needs to ensure the right decision is being made. With over 75 EWM experts, My Supply Chain Group is the right implementation partner for any business.
Is your business already ahead of the curve and operating its warehouses with SAP EWM? Continue to stay ahead and begin planning your conversion from decentral SAP EWM 7.0-9.5 to stand alone EWM on S/4HANA. The first version of stand alone EWM on S/4HANA is scheduled to be released next month, May 2019. Even if the rest of the business is not ready to convert from ECC to S/4HANA ERP, this doesn’t have to stop the warehouse from blazing the trail. Multiple paths are laid out from SAP to enable a smooth conversion for the entire business. Along with these different options, SAP is enabling customers to intelligently make these decisions through empowering My Supply Chain Group with the knowledge required to guide them along the way. My Supply Chain Group is actively part of SAP EWM pre-release product testing and will advise your business on the new functionalities of SAP S/4HANA Extended Warehouse Management and if the time is right for your business to convert!
S/4HANA represents an opportunity for organizations to impose shape and direction on their business that will carry them into the future.
Generally speaking, organizations are constantly undergoing an evolution – gradually, and in response to circumstances – and their support systems accordingly reflect and accommodate these changes.
But every now and then, a significant event can threaten to interrupt this development. Organizations take stock – you may want to reconsider your entire course of action.
One such occasion is the forthcoming discontinuation of the current SAP ERP platform, and its replacement by SAP S/4HANA. Major businesses can’t continue as they are; but on the other hand, they can’t start with a clean sheet – especially if they are long-established multinational enterprises. So, what do they do?
The way forward
Of course, there are challenges implicit in this opportunity. Finance teams need to shape the right roadmap. They need to determine what the rest of their business is doing about the transition so they can coordinate. They then must decide how to start, what to prioritize, how to engage the business in their approach, and how to create and sustain momentum.
I’d argue that the way to address these challenges and to make the most of the opportunity is to recognize that SAP S/4HANA doesn’t provide all the answers on its own. It can, or should, be part of something bigger.
Central to this effort is a core of mission-critical applications that run the business. It’s part of what we at Capgemini term the Renewable Enterprise, which aims to reduce that core to its essentials; to introduce intelligence; to integrate, standardize, and protect its key elements; and to link it to the cloud. In short, it aims to bring together the technology, the process, and the operating model to sustain digital transformation and enable rapid innovation.
It’s a real-world approach, because while organizations are implementing it, it doesn’t require things to stop, or for changes to be made offline. It increases productivity and revenue-earning potential while organizations are doing business, and while they are exploring new revenue streams – and it also builds momentum in the new levels of efficiency it brings.
Implementing a Renewable Enterprise can include architectural change, SaaS products, upgrades, team changes, and more. One means by which we deliver it at Capgemini – for line-of-business finance in particular – includes the application of our Digital Global Enterprise Model (D-GEM). With D-GEM, as organizations make the transition to SAP S/4HANA, they will be better able to:
Identify the business value and IT benefits they seek
Revert to standard application functionality
Build the right application suite
Facilitate the move by streamlining and improving processes and controls using our ESOAR (Eliminate, Standardize, Optimize, Automate, Robotize) approach
Embed artificial intelligence (AI) in processes, and
Increase efficiency at a lower cost
Potential applications for FAO
When things are considered in this way, the obligatory move to SAP S/4HANA becomes part of a bigger solution, with greater potential. In finance and administration operations (FAO), for example, organizations will be able to achieve a continuous “virtual close” – reporting faster, analyzing more deeply, acting more promptly, and predicting more accurately, to add immediacy and value to the business.
They will be able to streamline journals and also introduce robotic process automation (RPA) to key finance tasks, deriving more from their resources (human and otherwise). In addition, they’ll be able to integrate processes end-to-end so as to optimize financial performance by using machine learning and artificial intelligence to identify and address predicted late payments, for instance.
Digital transformation has to be holistic, meaning it needs to encompass the entire value chain, every business department, and internal and external factors. SAP S/4 Hana can help with that.
It is crucial that companies align their digital transformation efforts with their individual strategic business goals. To be successful in their endeavors, they’ll need a real-time ERP suite like the S/4 platform. SAP S/4 Hana combines the advantages of an intelligent next-generation ERP system with those of SAP systems. To benefit from S/4 and Hana, companies need to consider more than just technological factors, however.
Strategy and organization are just as important as technology. S/4 Hana implementations grant companies the opportunity to evaluate and optimize every single process, their entire business structure and all their base principles to ensure they are all aligned with business goals. It is essential to first define a mid-term and long-term corporate strategy, however, as it is important for S/4 Hana business goals.
Like every complex IT project, S/4 Hana implementations need meticulous preparation. Companies need to plan individual project phases by including and informing all involved parties like managers, CEOs, IT decisionmakers and stakeholders.
S/4 Hana migration needs to align with business strategy
In our digital age, there is only one constant for numerous companies: permanent change. Managers should use such a fundamental change like migrating to a new ERP suite to make sure their mid-term and long-term business goals are what they would like them to be. It is not enough to only reevaluate overall corporate strategy, however; every goal in every individual department needs to be aligned with business strategy. Managers need to consider legal and economic aspects as well as running and planned IT projects.
If an overall strategy has been defined, the goals of the transformation can be derived from it. These goals act as guidelines for an effective, significant, and sustainable S/4 project. The defined goals also determine which transformation method is most suitable. Greenfield or brownfield? To decide between new implementation and migration, companies need to be aware of their current process landscapes, their critical processes, and their future IT needs.
A structured approach to a strategic transformation requires meticulous planning and execution of each individual project phase and the definition of milestones. Moreover, companies have to define roles and assign tasks. It is also recommendable to not only identify business-critical processes, but also validate them against industry standards.
In previous projects, it has furthermore proven useful to define concrete goals for every project phase, calculate expenses and efforts for subsequent steps, and provide suggestions on how different components can be implemented.
Meeting requirements of end users is only possible by asking them what they want. It is indispensable that companies identify all affected staff members when it comes to S/4 Hana transformation and implementation. Companies need to find out what future end users want, which processes individual departments require, and if these requirements align with mid-term and long-term business strategy.
While the opinions of decisionmakers are essential to S/4 Hana projects, companies cannot neglect the IT department and their needs and wishes, as it is the IT department that makes digital transformation in other business departments happen. Collaboration is a must, as every stakeholder has a different perspective, different requirements, and different expectations. Only then do companies have a stable foundation for their S/4 Hana transformation projects.
