While one might be quick in identifying the “technical” differences and principles of SAP S/4 HANA, how do one tackle the question –> Does SAP S4 HANA training offer any tangible and immediate Business Benefits.
In this blog, I try to answer this question from perspective of business and users alike.
The coverage has been limited to:
S/4 HANA Business Benefits
S/4 HANA Business Benefits – SAP Simple Finance
S/4 HANA Business Benefits – SAP Simple Logistics
S/4 HANA Business Benefits – Simplified User Experience (Ux)
S/4 HANA Industry* Specific Business Benefits – Govt., Utilities, Chemical, Retail & CPG.
SAP S/4 HANA Business Benefits
With S/4 HANA Business-houses, get an opportunity to “Re imagine Business” – in terms of “Re imagined Business Model”, “Re imagined Business Processes” as well as “Re-imagined Business Decisions”. Ability of “simple & fast” connect with people, devices and business networks will benefit business-houses in working towards a simplified and flexible Business Model. With IoT, Big Data Analytics, Hybrid scenarios (cloud and On-premise applications) and native integration and connectivity with various business-network (like Ariba, Hybridism so on SAP S/4 HANA will open up the world-space as playground to do business.Ability to “process simple“ by very limited (and only if business requires) batch processing, job scheduling and monitoring , latency or delay in receiving important information is reduced, thus enabling business-houses to operate and processes work in Real-time and on Live-data.
The online, real-time availability of information and power of faster and smart processing, will enable business-houses to think and look forward to “what is happening NOW” as well as how can impact immediate future, thus leading way to “predictive analytics” and “what-if-simulations” scenarios and way of doing business.The “simple and real-time processing” will lead to “re imagined business decisions”, the way decisions are taken today viz-a-viz how they can be improved in future. Business can expect to reduce efforts and time, as there would be little “Manual consolidation” of data. Most of the decisions when taken in “real-time”, “on-the-fly” and with help of “predictive analytics” and “what-if-simulations” will lead to better control and decision making.The integrated and simplified data-model will support “decisions based on “single-source of truth” and also make it possible to “drill-down to highest level of granularity and easy viewing and linkage between KPI and its underlying transaction data.
S/4 HANA Business Benefits – Simple Finance
For Simple Finance the benefits primarily focus around the CFO: faster close, reduced debtor days, streamlined approvals.Innovations support business in area of Cash Management, Integrated business planning & SAP Accounting. Some of the sFIN benefits are: Fast month end closing, Enhanced profitability analysis, improved operational analytics, Value-added FI-CO reconciliation, and Performance improvement, Reduction in data volume, enriched financial planning process, and Enhanced cash management. The extent of benefit may differ from client to client and will need assessment taking into consideration client’s main objective for looking for improvisation, their current pain area and their current landscape.
S/4 HANA Business Benefits – Simple Logistics
HANA-Live Analytic, processing powers of HANA, the innovations based on New-Data Models supported by easy-to-use FIORI applications expect to bring following benefits in the Logistics area. (This is indicative list and the benefits-list would be revised based on the actual release of each-innovation).Thru Sales Analytics and SMART Sales Fulfillment Cockpit, SAP S/4 HANA offers better visibility and control over Sales Order Fulfillment (Learn from SAP SD Training). It will help business to closely monitor the KPI and take required corrective actions well in time. It supports managing the issues, blocks and un-completed Orders (Sales, Delivery & Billing transactions) and processing them in real-time. It thus ensures business to fulfil the commitment to their clients in required time and frequency.
Faster and quick MRP Runs with interactive-simulations ability will be especially useful in Retail and Trading scenarios.Reduction in the locking issues and cutting down the post-processing time and thus leading to faster and hassle free Material Valuation process. Businesses that use standard pricing will benefit from this innovation. With NEW HANA based Comprehensive and Advanced ATP (AATP) Algorithm and optimized back-order processing would increase business efficiency in sales order processing. Organizations with single instance of ERP and not want to invest in a full-fledge APO, however want advantage of richer functionality would benefit from AATP. Business with high-volume and frequent changes in sales orders would benefit majorly from optimized and back-order processing.
S/4 HANA Business Benefits – Simplified User Experience (UX)
Benefits of Simplified User Experience (Ux) thru FIORI Applications (Learn SAP FIORI training) for Business Users will be many-fold. It will help Improve employee productivity and influence business results by getting the job done anytime, anywhere. It would also help in reducing work completion time. Easer UI will increase faster adoption of business processes. It would also reduce or lead to Zero-time in User training. FIORI SMART Applications based on HANA-LIVE Analytics will help Business Leaders improve management productivity, streamline processes, and affect business results. Because of reduction in dependency on “desktop-only” environment and increase in being able quick approve thru any device from any-where on network, it would help reduce travel, procurement and other costs that normally add up because of process approval delays. It would also free up employee’s spent on admin tasks, for more creative and high value use.
S/4 HANA Industry Specific Business Benefits
Retail & CPG and many other industries can benefit in area of Sales & Marketing by targeting to strengthen margins through real-time Price and Order Management. This is possible as system simulates prices and margins anytime, anywhere and at any given level of granularity. It would also support developing a real-time pricing quotes for customers & prospects, integrated with available to promise/capable to deliver commitments.Utilities Industry can benefit by targeting for Fuel supply chain optimization, thru reduce fuel costs and speed order to delivery. This could be made possible by an integrated supply chain which brings suppliers and buyers together through business networks and by provide a faster and correct reconciliation between production capacity and demand.
For Chemical Industry one of the benefits from SAP S/4 HANA comes in Product Innovation & Integrity area. One can drive sustainable Growth and Innovation thru consolidation of data from databases and devices / machines for predictive analytics during experiment design (Knowledge Hub). The SMART Lab’s will Design, execute and capture experiments in a closed loop process leveraging history lab data and knowledge base (Smart Lab). Business –houses can Predict technical properties of new formulations (E-Chemistry). Another Area of benefit will be Supply Chain Management learn from SAP FSCM training. SAP S4 HANA will help ensure agile and responsive Order Fulfillment. It would support capturing the demand in real-time via sensors (e.g. VMI, 3D Printing), run “ad-hoc” S&OP simulations and automatically fulfill and deliver order according to safe and sustainable practices (incl. ANS, MADS, COA, etc., “no touch order to delivery”).
S/4 HANA IT Benefits
Reduction in data footprint, TCO, development costs, Faster transaction processing and reporting, Landscape simplification if multiple transaction system exists.For FIORI Applications the IT benefit includes: Customer satisfaction, cross device support for majority of the functions they use, without core software upgrade, Take advantage of an easy way to mobilize your business, Reduce investment in custom UX, reducing overall TCO and TCD, without core software upgrade.
Learn IT Training offers many courses SAP training and also many other IT courses with practical implementation with live project. We provide quality of online classes and corporate training courses by workday certified experts. We provide workday training materials real time facility and well trained industry experts. We offer Workday online training in various countries USA, UK, Australia, UAE, Canada, Saudi Arabia, Newzealand.
Register Here for free demo on SAP S4 HANA
For more details:-
Visit: www.learnittraining.com
Email: contact@learnittraining.com
Phone: INDIA: +91 9912989639, USA: +12108585008
No comments:
Post a Comment