SAP S/4HANA is quickly proving to be SAP’s most successful ERP system since their first launch in 1979, with SAP R/2. Since then, new improvements have been made to meet the needs of the ever evolving business world and S/4HANA is the fourth iteration of the ground breaking solution. It’s launch is timely, as it has coincided with new technologies and concepts that are driving global business operations, such as cloud services and mobile computing. Now, many organisations are being forced to choose between the conventional SAP ERP solutions or the more modern S/4HANA, or to stick with the status quo of SAP Business Suite rather than migrate to S/4HANA. But in order to make that decision, you need to understand how S/4HANA will benefit your organisation. Here, we’ve listed 4 key benefits of S/4HANA that will impact your organisation, for consideration when deciding which ERP system will be the best fit for your business.
Improve Your Business Performance
One of the big advantages of S/4HANA is that it only runs on SAP HANA - SAP’s flagship in-memory computing database. This means that running a SAP solution such as S/4HANA will automatically take advantage of the speed and processing power of the SAP HANA foundations. Transaction processing time and report generation will be significantly faster, since these processes are all native to SAP HANA. S/4HANA will also allow your organisation to see better performance across the board, since it relates to complex and time driven business activities, such as real-time planning, execution, reporting and analytics based on live data, as well as prompt period-closing and improved forecasting capability. It also allows you to provide a much better service level for customer-centric applications and improve customer interactions thanks to up-to-date, real-time data access.
S/4HANA is one of the most agile and flexible iterations of ERP that has been released to market. This is partly because the end user interface of SAP S/4HANA is driven completely by SAP Fiori. This means that real-time business insights and intelligence can not only be generated at the touch of a button, but it can also be rendered in seconds to any mobile device, providing a portability and agility that is unparalleled with other systems. This allows businesses to be flexible and agile in responding to market factors anytime, anywhere, creating a significant business advantage.
Simplify Your Systems
With the implementation of SAP S/4HANA, your organisation will see unparalleled simplicity in the management and administration of the complete IT landscape. Data is collated into one simple, easy to use interface, so there is no longer the need to manually bring together all of your IT systems in order to manage them. That coupled with the cloud adoption potential that it brings to the fore, hardware and network resources have never been so centralised.
Open The Door To Innovation
For businesses to truly stay relevant in today’s fast moving environment, they need to be able to stay flexible and, above all, innovative. No matter which way you look at it, SAP S/4HANA is one of the key driving points for many businesses who are looking to adopt cloud technologies in the future. Because it offers a platform that allows multiple software vendors to design and offer innovative new products to the marketplace, this only extends the capabilities of S/4HANA beyond what we previously thought possible. With the power of this technology behind them, organisations are able to truly innovate in their field without the restraints of previous technologies.
At Invenio, we combine the flexibility of S/4HANA with decades of programming experience and implementation knowledge to create bespoke solutions that deliver real results to businesses across the globe. For more information about S/4HANA, or to find out how it could revolutionise your business operations, just get in touch with one of our experts today.