SAP S/4HANA is an intelligent ERP solution that enables companies to capture every opportunity in today’s digital world, removes common obstacles associated with legacy ERP applications, such as batch latency, complex landscapes, and manually-driven processes. SAP S/4HANA is built to take advantage of SAP’s industry-leading in-memory computing platform, SAP HANA. The result is incredible flexibility and speed through a dramatically simplified data model. SAP S/4HANA can be deployed on-premise or through a private cloud option.
Key capabilities of SAP S/4HANA are listed below.
Digital Supply Chain
- Improve production planning
Coordinate manufacturing operations across your organization including material requirements, logistics, and receipts for proper material handling, work in process, and inventory. You can also make plan adjustments based on real-time information from the enterprise, suppliers, and the plant floor.
- Integrate inventory and logistics processes
Lower operational and administrative costs by integrating the management of all inbound and outbound freight and warehousing processes, and improving connectivity with warehouse automation equipment and logistics service providers.
- Enhance quality management
Run enterprise-wide, closed-loop quality management processes – from quality planning to quality operations – for continuing process improvement.
- Support complex assembly processes
Enable efficient planning for complex assembly including material requirements, production, and capacity planning, as well as advanced functionality for bills of material (BOM), routing, factory layout, and machine models.
- Enable efficient maintenance management
Improve planned and unplanned maintenance operations, while optimizing safety and environmental impacts, by planning and scheduling maintenance tasks to synchronize labor, materials, equipment, and schedules.
- Accelerate manufacturing workflows
Plan and schedule maintenance tasks synchronizing labor, material, equipment and schedules. Execute planned and unplanned maintenance to ensure optimal operations including improved safety and environmental impact.
- Simplify accounting and financial close processes
Combine financial and management accounting and profitability data into a single universal journal, for a single source of truth. You can close the books in real time, improve compliance and control, and reduce closing effort, while running drilling down on reports by any dimension.
- Support collaborative finance operations
Automate receivables and payables processing and streamline shared services delivery. You can improve working capital and financial health with real-time data to assess customer credit risk, streamline billing, resolve disputes, and prioritize customer collections to reduce days sales outstanding.
- Enhance financial planning and analysis
Accelerate planning cycles, increase profitability, and make finance functions more efficient. You can also run on-the-fly financial analysis at any level of granularity and support ad hoc simulations of organizational changes or new business models directly within your ERP system.
- Improve treasury and financial risk processes
Integrate cash flows, transactions, commodity positions, and market data, and accurately forecast cash flow, manage liquidity, and mitigate risk. In addition, full-view and real-time analysis, audit trails, and compliance reporting help you optimize straight-through processing.
- Manage enterprise risk and compliance effectively
Integrate and automate risk, compliance, and international trade activities to proactively minimize risk and compliance violations and detect, investigate, and deter fraud. In this way, you can optimize business operations, protect assets, and improve financial performance.
Sourcing and Procurement
- Automate sourcing and contract management processes
Collect, assign, analyze, and access all sourcing information in one system and support automated and manual processes for creating and managing service contracts, source lists, purchase information records, quotations, and requests for quotations.
- Simplify procurement processes
Consolidate requisitioning to reduce costs by establishing one central approval workflow instead of multiple approvals in each back-end system. In addition, you can increase catalog usage by offering a single, convenient access point across all available catalogs.
- Gain in-depth purchasing insights
Acquire extensive, real-time information on purchasing spend by analyzing purchase orders, purchase requisitions, invoices, and contracts. You can also evaluate supplier performance in real time with access to data, including on-time delivery, price, and quantity accuracy.
- Gain an in-depth view of your supply chain
Improve supply chain visibility to find the optimal mix of suppliers that will best serve your business objectives and reduce overall supply risk. You can also classify and segment your suppliers using multiple criteria to identify and pinpoint the right supply chain partners for your organization.
- Streamline operational purchasing
Enable employees to purchase goods and services directly, following purchasing policies and pricing agreements and using preferred suppliers. Users can bundle demands, automate sourcing and order processing, and make approval and release procedures easier.
- Manage commodity procurement effectively
Support commodity procurement and help create commodity contracts based on market quotes. You can automate price calculations, streamline invoicing, and extend ERP functionality to automate commodity-based contractual pricing and enable provisional, differential, and final invoicing.
- Maximize sales with order and contract management
Improve revenue and cash flow by managing the order-to-cash process flawlessly across all touch points, channels, and functions. Get multichannel, role-based access to accurate, real-time information on products, pricing, customers, and contracts to reduce days sales outstanding and meet other KPIs.
- Drive and manage sales performance
Implement compelling variable compensation programs with incentive and commission management. Manage sales performance, and build and maintain accurate, strategically aligned compensation plans. Enable your organization to handle commission and incentive programs.
- Sales force support
Check pipelines and leads, coordinate and plan customer sales activities, and analyze customers and territories. Drive sales from lead to close with opportunity and pipeline management. Increase deal size through accuracy in solution sales configuration.
Gain visibility to determine the right mix of suppliers, best serve your business objectives, and reduce your overall supply risk. Classify and segment your suppliers using multiple criteria to flexibly identify and search suppliers.
- Enhance and manage subscription billing and revenue
Manage receivables, payments, and reporting for high volumes of financial transactions. Tailor credit decisions and collection management processes to customer profiles. Enhance cash flow and customer care through simplified invoicing.
Research and Development
- Improve project control and product development
Manage, translate, and integrate customer-driven innovations to optimize project efficiency and deliver high-quality projects on time and within scope. You can enhance quality by defining all design requirements and constraints while maintaining rigorous design standards.
- Speed up product engineering processes
Accelerate time to market through efficient BOM management, including the specification of work center details and listing of required production resources and tools. In addition, you can develop closed-loop inspection planning to comply with industry standards such as ISO/TS 16949 and ISO 9000.
- Streamline product lifecycle management
Simplify and accelerate the transition of engineering master data into manufacturing production data. You can develop recipes and formulas rapidly, reuse existing ingredients, and design packaging and labeling in a single, high-performance environment.
- Manage enterprise projects effectively
Invest in the right projects by aligning your project portfolio with enterprise strategy. You can identify the projects that can generate the most business value and manage the resources, schedule, and financial performance for each project phase, from initiation through closure.
Technology of S/4HANA offers;
- Ease of Use
SAP Fiori and embedded analytics deliver an easy to use, responsive, and consistent consumer-grade experience.
- Embedded Analytics
Define, manage, and leverage consistent KPIs across all your business functions, create and manage reports, run analytical queries, and build predictive models.
- In-Memory Computing
With analytical and transactional data combined in the same in-memory computing solution, SAP S/4HANA Cloud provides immediate insights based on real-time data.
- Machine Learning
In-memory computing and the openness of platform-as-a-service (PaaS) provides rapid access to data to support machine learning. This intelligence is available to business users at the point of consumption.
- Two-Tier Deployment
SAP S/4HANA offers a best in class two-tier ERP landscape. This greatly simplifies consolidations and integrations between headquarters and subsidiaries, both during set-up and operations.