SAP S/4HANA

What is SAP S/4 Hana?

SAP S/4HANA is the next-generation ERP system. Users of SAP S/4HANA get advantages like a streamlined data model, a role-based user interface, and a process-centric approach. SAP HANA database's in-memory technology allows for real-time analysis and predictions, supporting data-driven business choices.

These fresh features are built on established norms and best practices specific to the industry. SAP S/4 HANA allows for additional customization based on the purpose of the deployment. It adopts a platform strategy, using ERP as the foundation for additional digitization initiatives.

Notable Features of SAP S/4 Hana

The major features of SAP S/4 Hana are the following:

• Financial Management: SAP S/4 Hana provides comprehensive financial management software that comprises general ledger, accounts payable, accounts receivable, and financial consolidation. Furthermore, users can explore improved features such as financial planning and analysis, risk management, and compliance reporting.
• Human Capital Management: SAP S/4HANA provides Human Capital Management to assist in managing employees. It offers various tools for overseeing staff such as self-service options for employees, tracking time and attendance, managing payroll, talent management, and developing future leaders.
• Supply chain management: SAP S/4 Hana also provides supply chain management as an additional feature. It involves purchasing goods, handling inventory, shipping, and overseeing storage. It aids in cutting down on needless costs, thereby boosting customer satisfaction levels.
• Customer Relationship Management (CRM): SAP S/4 Hana also provides Customer Relationship Management (CRM) as a feature. It allows companies to oversee customer engagements, sales, and marketing tasks. Additionally, it includes functions such as managing leads, opportunities, and customer support.
• Manufacturing Management: With strong manufacturing capabilities in terms of planning, scheduling, and managing quality, SAP S/4HANA helps them in process development and cost savings for better quality.
• Service Management: SAP S/4HANA provides comprehensive service management solutions for industries like field service, asset management, and contract management. It also helps businesses to deliver better service and services to customers at the right time in the most efficient way possible.

Benefits of Using SAP S/4 Hana

• Easy to Use: Fiori 2.0 offers a contemporary layout for a fully revolutionary user experience, allowing users to conveniently access Overview Pages, Work Lists, and List Reports. The UI of SAP Fiori is created to be very user-friendly, customizable, adaptive, and uncomplicated, enabling users to ask questions and retrieve necessary information seamlessly, no matter the device or setup.
• Budget Friendly: Choosing to implement S/4HANA is a wise decision in terms of cost-effectiveness. You can consolidate the analytical and transactional features of multiple systems in one place. This allows for significantly improved decision-making.
• Simplification: SAP S/4HANA greatly simplifies IT landscape management and administration, with simplicity being a key feature introduced by SAP into its ECC application structure. SAP S/4HANA consolidates hardware and network resources, acting as the digital core for streamlining business processes through its HANA in-memory database.
• Creative and Innovative: SAP S/4HANA paves the way for upcoming innovation. The rapid evolution of technology requires more than just keeping pace. Businesses must constantly stay ahead of the game and make decisions that are prepared for the future. S/4 HANA applications exploit speed, context, and data accessibility in unprecedented ways.
• Improved Performance and Speed: S/4HANA enhances performance by enabling users to plan, execute, and generate reports and analytics using real-time data, while also facilitating period closing and offering enhanced prediction capabilities. It also allows your business to offer improved service for applications focused on customers.

SAP S/4 Hana Pricing

SAP S/4 Hana pricing is available on a request at Techjockey.com. The pricing may differ based on different features and requirements of a user.