Top 8 Features of SAP’s latest ERP suite
SAP S/4HANA Cloud is an Enterprise Resource Planning (ERP) software that is an entirely new generation of SAP business suite. The fourth suite developed by SAP helps businesses integrate and manage business activities such as purchasing, planning, sales, manufacturing, marketing, and more. The software acts as the organisation’s digital core, equipped with a suite of integrated applications capable of collecting, storing, managing, and analysing data.
The unique architecture of SAP S/4HANA Cloud is quite a contrast from the traditional relational database. The software runs in-memory, stored in columns, allowing faster, near-real-time analytics and computer capabilities. The next-generation SAP S/4HANA Cloud indicates a move away from the transactional system that merely records data towards providing end-users with active decision support in real time based on data generated from both internal and external sources. The best thing about the software is that it allows organisations to work seamlessly in an environment driven by the digital economy.
Here are what we evaluate as the 8 key benefits that customers can enjoy by selecting the SAP S/4HANA Cloud software*:
SAP S/4HANA Cloud is a platform that runs solely on SAP HANA, the in-memory computer database of SAP’s flagship. Running this SAP solution provides an advantage in reporting and processing transactions that are only native to SAP HANA.
The platform enables you to enjoy enhanced performance, as it relates to time-driven and complicated business activities like analytics, real-time planning, reporting, and executions based on live data, along with improved forecasting and instant period closing.
S/4HANA allows you to bring out the extensive simplification to the administration and management of your IT landscape with SAP S/4HANA Cloud. Centralise the network and fixture resources to serve as the digital crux to facilitate business simplification by leveraging the power of the HANA in-memory database.
3. Access instant insights and relevant data in real time
SAP S/4HANA Cloud allows you to make timely decisions and facilitate effective planning and accurate forecasting. It also streamlines business processes and delivers a range of tangible benefits. With access to advanced analytics, businesses can access data instantly and transparently.
4. Reduced cost of total ownership
SAP S/4HANA Cloud is a very cost-efficient option after considering the fact you can combine all the analytical and transactional capabilities of different systems into a single source of truth that drives acute and proactive business making.
5. Cash management for SAP S/4HANA Cloud
The finance for cash management of SAP S/4HANA Cloud provides cash managers with new user experiences. The end-to-end process of checking cash positions, monitoring bank statement imports, and transferring funds to tackle the surplus and deficits. The centralised bank relationship management offered by the platform allows business users to manage bank accounts.
6. Increased business value
Facilitate faster response time and better performance through the embedded real-time analytics and the latest user experience with SAP Fiori that comes with the SAP S/4HANA Cloud. Leverage new features and functionalities such as real-time supply chain and machine learning applications to enhance the growth of your business.
7. Set a stage for innovation
The rapid technological advancements in modern times require businesses to facilitate practical innovation to leave their competitors behind. Organizations need to make quick future-ready decisions that are ready to adapt to the evolving future. SAP S/4HANA Cloud software takes advantage of the context, speed, and accessibility to data to help you precede the curve.
SAP S/4HANA Cloud is a very cost-efficient solution. It gives you the ability to bring together all the transactional and analytical competence from various systems into one single location. This enables businesses to make better and more cost-efficient decisions. SAP S/4HANA Cloud removes lateral and coincidental data, optimises data volumes, drives reduction in investment in infrastructure, and minimises operating costs.
Overall, SAP S/4HANA Cloud provides an improved user experience, better experiences, and faster analytics in real time.
Pick the right ERP selection for you with Codestone
Codestone is the best equipped SAP ERP partner in the UK with 25+ years of ERP experience having deployed hundreds of full-cycle ERP projects both for on-premises and cloud ERP solutions, for which we have consistently named #1 SAP EMEA North and UK Partner for SAP Business One and Business ByDesign. More so, we ran the first SAP S/4HANA Cloud project in the UK at the launch of this solution. Today the unique advantage for customers is that they can work with Codestone, an SAP ERP specialist partner who will identify the best SAP ERP solution for your business to become future-ready – whether SAP Business One, SAP Business ByDesign or SAP S/4HANA Cloud (rather than push only one product). So, you can select the perfect ERP quickly and confidently and be assured successful deployment with Codestone. Also, did you know that Codestone was named Top 50 Managed Services Providers (MSP) in the UK? This means that we go beyond go-live with your ERP system and can offer MSP industry-leading 24x7x365 UK-based technical support and security services.
For a demo or to learn more about SAP S/4HANA Cloud, SAP Business One and/or SAP Business ByDesign and/or our MSP services, contact our team at [email protected]