New Innovations to SAP S/4HANA
SAP has quietly announced a series of innovations to SAP S/4HANA, that can make it for flexible to add artificial intelligence (AI) and robotics, and to customize apps. These innovations are expected to bring revolutionary improvements in business results, and business processes for facilitating better decisions.
The new innovations had covered more than 100 out-of-the-box AI and robotic process automation–powered capabilities, the 1905 release of SAP S/4 Hana Cloud solidifies its position as the most intelligent ERP on the market today.
These new additions have guaranteed that SAP’s goals to automate more than 50% of the manual tasks in the ERP system. Here are few worth mentioning examples of AI Capabilities from SAP S/4HANA.
❖ Intelligent accruals management:
Automated conversion of purchase order data into posted accruals allows closing books faster.
❖ Defect code proposal:
Automated Categorizations of defects can boost up quality checks, thereby helping in increasing data quality simultaneously.
❖ Financial journal entry with intelligent robotic process automation:
All the important transactions like collection, extraction & validation of financial journal can now be automated, by extracting the data from e-mails. Mass upload of data into SAP S/4HANA is also possible.
Benefits of New Innovations in S/4HANA:
❖ New business models:
Now rollout new commercial offers 40% faster based on subscription & usage pricing. Also, this can help in introducing sophisticating revenue-sharing models with partners.
❖ Intelligent product design and faster go-to-market time:
Ideas learned from customer feedback can be incorporated faster into product design. This can help in reducing the marketing time to half, the time required to optimize pricing, resulting in increased sales.
❖ Personalized products and services:
Time needed to define, produce and go to market with individualized product variants can be slashed by 10-20%. Personalized products can be traced and monitored throughout the entire lifecycle.
❖ Improved Integration:
SAP has also launched an improved integration of the SAP Analytics Cloud solution and SAP S/4HANA, bringing planning, analysis and execution together. This can help customers to make the right decisions and steer operations in real time.
SAP has also announced its plans to increase its SAP S/4HANA Cloud service-level agreement to 99.9 % uptime in 2019, helping ensure the highest performance levels so companies can achieve unparalleled business agility.
At Fabit Corp, we’ve got diligence in helping organizations migrating from current SAP ERP to SAP S/4HANA. Do Visit our website at www.fabitcorp.com for further details. You can also reach us at email@example.com or on +1 832 906 7001.