Benefits of SAP S/4HANA
S/4HANA represents the fourth generation of SAP’s Business Suite with three critical blocks, including the HANA Database, S/4HANA, and Fiori. It is an evolved version of SAP Business Suite software and ECC (ERP Central Component). S/4HANA has been around for over 13 years. And in the digital context, for ages!
The ERP was initially designed as a data warehouse to simplify data models and embedded analytics. However, over the years, it has evolved greatly, offering even more benefits than ever. Precisely, what are the benefits of S/4HANA and why should you seriously consider implementing it? Let’s look at this in this blog.
What is SAP S/4HANA?
Fundamentally, SAP S/4HANA is a software suite, enabling enterprise resource planning and helping businesses manage finance, operations, and customer relations. The ERP unifies a company’s processes and data, providing users with a real-time view of the business and helping managers streamline operations.
Globally, nearly 21,000 companies use S/4HANA for its incredible features, flexibility, and scalability. They can customize the ERP to their needs – meaning, they can add or remove modules to suit their requirements. While one can count these as S/4HANA benefits, there are a few more they cannot discount or overlook while evaluating the ERP’s value. So, let’s see some SAP S/4HANA benefits.
7 Advantages of SAP S/4HANA ERP System Integration
From helping companies enhance efficiency to reducing IT costs, implementing SAP S/4HANA refers to a significant business transformation.
1. Improved Organizational Efficiency
Imagine engaging your productive resources in mundane tasks like data entry and invoicing! Not only is it time-consuming but a major productivity roadblock. S/4HANA proves a game-changer by helping you automate various tasks and augment departmental and organizational productivity.
Additionally, you can build and customize apps customized to your business requirements. Using SAP Intelligent RPA further empowers you, helping you automate various processes. As a result, you can use the same staff, initially performing manual work, for more challenging tasks like strategy.
2. Enhanced User Experience
The ERP is thoughtfully designed to optimize organizational productivity. However, it is also equipped with a modern and intuitive user interface, making it easier for your employees (users) to use it effectively. It refers to an enhanced user experience, further amplifying the commercial, strategies and operational impact of integrating the software suite.
3. Real-Time Data Processing
S/4HANA has a robust in-memory architecture, enabling companies to access vital statistics and analytics in real-time. It leads to more effective and informed decision-making, fostering agility and competence amidst the highly competitive business environment.
4. Integrated Workflows
Additionally, the ERP helps streamline various business processes, including operations, warehouse management, supply chain tracking, financial compliance, and much more. Moreover, Industry 4.0 and IoT support provide comprehensive insights into areas like materials, inventory, flow of goods, etc. It refers to more visibility into business operations and educated decision-making.
5. Flexible Deployment
S/4HANA offers easier navigation and flexible deployment options. It helps businesses to update their processes. So, whether you’ve acquired a new business or merged with one, S/4HANA makes integration a cakewalk.
For instance, if you’ve merged with a company that does not use SAP. In situations like these, activities like data indexing aggregation, etc., could prove laborious with a conventional ERP system. However, S/4HANA allows you to introduce the new system into the SAP cloud without integrating it. Applications like Simple Finance help aggregate data from external or newly added systems easily.
6. Higher Customer Satisfaction
While enhanced user experience is one aspect, increased customer satisfaction is another. SAP S/4HANA enables businesses to gain critical insights into customer behavior, preferences, trends, and patterns. It helps companies to do what it takes to deliver more value to their clients and do what precisely delights them. In other words, it allows companies to provide clients with a personalized experience.
7. Lowered IT Costs
The world appreciates platforms and technologies, which while delivering operational benefits, also help them curb costs, including those associated with IT. SAP S/4HANA does it in various ways, direct and indirect.
For instance, its simplified data model and straightforward architecture help curtail IT costs. Additionally, it simplifies an enterprise’s data model and streamlines information management, reducing overheads and increasing efficiency. It translates into lowered server maintenance and IT costs.
Furthermore, organizing workflows and automating them helps you curb human resource costs and employ them for tasks that require their expertise and intellect. Also, automation reduces human error, minimizing expensive delays and duplication of work that would consume time and resources.
Conclusion
SAP S/4 HANA is a proven ERP with advantages extending to various areas, including cost, operations, and strategy. Nevertheless, you must have an expert partner with years of experience integrating S/4HANA. FidelSoftech works as one. We help companies of varying sizes and business types adopt and seamlessly integrate S/4HANA, helping them optimize its benefits, reduce TCO, and translate the benefits into tangible value and results. Please email us at sales@fidelsoftech.com to learn more about our support.
Ref. No – FB10241096