SAP S4 HANA The competitive Edge it offers
Listen to this article
SAP S/4HANA is the fourth iteration of the Enterprise Resource Planning (ERP) suite developed by SAP and it’s fast becoming their most successful ERP system worldwide [1].
One of the distinguishing features of SAP S/4HANA is its unique architecture which contrasts with the classic relational database. It operates in-memory with data stored in columns, thus allowing for faster, near to real-time analytics and compute capabilities. This architectural shift is not just about recording data but providing active decision support in real time, that is data-driven and considers both internal and external sources of data [1].
SAP S/4HANA brings several significant benefits to its users. Here are some key ones:
Simplification:
SAP S/4HANA immensely simplifies the management and administration of the IT landscape by centralising hardware and network resources. This simplification extends to the digital core for business process simplification, thanks to the power of its HANA in-memory database [1].
Ease of Use:
Fiori 2.0 offers a modern design for a completely innovative user experience, allowing users to easily access overview pages, work lists, and list reports. Its UI is designed to be highly intuitive, personalised, responsive, and simple, enabling users to prompt questions and access required details, regardless of the device or deployment [1].
Cost-Effectiveness:
Adoption of S/4HANA can enhance cost efficiency by consolidating all analytical and transactional capabilities of various systems onto one location, thus facilitating better decision making [1].
Innovation:
Innovation: SAP S/4HANA sets the stage for future innovation, leveraging speed, context, and data accessibility in ways that were not possible before [1].
Improved performance and speed:
SAP S/4HANA enhances performance by allowing you to plan, execute, generate reports and analytics based on live data, trigger period closing, and provide improved predictions. This also enables your organisation to offer better service for customer-centric applications [1].
Additional benefits also include easier updates to business models, simpler incorporation of acquisitions into the ERP environment, lower ownership costs, faster analytical insights, and more accurate forecasting due to embedded AI and machine learning applications [2].
SAP S/4HANA Cloud, public edition, offers the latest industry best practices and continuous innovation. It allows you to run with industry best practices by applying preconfigured processes. It enables growth without adding complexity and provides confidence in going live by using proven guidance to deliver speed and agility [3].
References
[3] “SAP S/4HANA.” SAP.
