Regardless of its size, every business needs to work seamlessly with perfect efficiency to stand out and be noticed. Among the many different essentialities that course through the veins of a business, data allocation and decision-making are two important ones. Although it may seem like just a part of the nitty gritty, it plays a paramount role.

In this article, we will understand what data allocation is all about, and we will familiarise ourselves with how SAP Analytics Cloud can help with data allocation.

Understanding Data Allocation 

Before we move any further, let us first thoroughly understand data allocation. Data Allocation is essentially an intelligent distribution system that places your data fragments into sets to improve overall database performance. It also drastically reduces the costs of transaction processing and enables owners to distribute revenue, expense, and statistical amounts across multiple business units, departments, and even other businesses.

Traditional data systems such as data warehouses and relational databases have existed for nearly 30 years. Although “old is gold,” it does not apply in this case. These traditional, or quite frankly outdated, systems have many challenges that cannot always be overlooked. A few of these key challenges faced by traditional data allocation methods that lead to the creation of modern systems are –

  • Large data is too big for traditional storage
  • Data can be of higher complexity
  • Data quality tends to drop during allocation

There are many reasons why data allocation is beneficial to a business in terms of its performance and decision-making; listed below are some of those benefits:

  • Employees’ relief data allocation removes a lot of unnecessary strain from accountants or employees as it eradicates the mundane nature of this task.
  • Client satisfaction An optimal resource allocation system identifies the most appropriate team with complementing skills that cross-section to deliver perfect results for the project.
  • Increased decision-making accuracy With the correct data and analytics tools, businesses can make accurate and appropriate decisions in real time, ultimately leading to an increase in accuracy and efficiency.
  • Boosts risk management and mitigation By allocating data, businesses have a better insight into any potential risks and can take proactive measures to mitigate them deftly. This can help your business avoid costly mistakes and prepare you for the impact of unforeseen attacks.

Introduction To SAP Analytics Cloud 

SAP, short for Systems, Applications, and Products, is a leading software company founded in 1972. It is essentially a software supplier, and ERP software systems are created and supervised by SAP. SAP Analytics Cloud was released in 2015 and is a cloud product that offers services (SaaS) for business intelligence (BI), planning, and predictive analytics. Its united and highly secure cloud maximizes data-driven decision-making for businesses.

The three fundamental components of SAP are:

  • Business Planning – for data collection and analysis
  • Business Intelligence – for reporting, data discovery, and visualization
  • Predictive Analytics – for future-proofing and compliance

The SAP Analytics Cloud comes with several benefits, including enterprise planning tools and tools to align your company’s expenses and cost strategies. These are helpful in fields like HR, Sales, IT, and Marketing.

The SAP Analytics Cloud’s allocations feature is a widely famous and useful tool for businesses to analyze and designate values on objects on the driver. Regardless of whether you are a seasoned SAP Analytics Cloud user or a novice to the platform, the cloud has a solution to almost any problem a user may face. With its seamless integration, enticing design, and advanced capabilities, this Cloud offers a compactable solution for large and small businesses with customizable dashboards, enhanced reporting features, and easy-to-use tools.

Read more: SAP Customer Experience: Creating Seamless Omni-Channel Experiences.

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Optimizing Data Allocation With SAP Analytics Cloud 

Optimization of data is the process of extracting, analyzing, and storing data for maximum efficiency. There are innumerable optimization tools on the internet, and although they each have their own unique features, SAP Analytics Cloud is known to be the best. With this solution, there is a wide array of optimization under-structures. A few of them are Browser/Client Optimization, Analytical Application Optimization, Story Optimization, Planning and Data Action Optimization, Network Optimization, and Backend Optimization.

SAP Analytics Cloud fulfills the needs of data visualization, budget planning, and predictive analytics perfectly. SAP developed it as an unabridged SaaS-based product that would have no shortcomings. It holds up this reputation by covering a wide range of needs, from data visualization, budget planning, and predictive analytics to automated data allocation, collaborative planning and budgeting, centralized data repository, and real-time integration.

Use Case: Successful Implementation Of SAP Analytics Cloud For Data Allocation 

It must already be clear by now that SAP Analytics Cloud is a brilliant tool that can benefit any organization that uses it. Digressing from it will weaken your business’s reputation and functioning. This cloud system is put to extensive use in many sectors of society; three of the major sectors are:

  • Financial Sector – It is used for large-scale budget streamlining and forecasting analytics processes.
  • Manufacturing Industry – In this industry, the cloud allocates resources and optimizes production planning.
  • Retail Sector – The retail sector has recently tapped into the potential of SAP Analytics, and they enjoy it completely by using it for managing inventory and demand chain predictions.

Best Practices For Implementing SAP 

Similar to the implementation processes of many advanced technologies, even SAP Analytics Cloud has a set pattern to follow for maximum efficiency.

1. Define Clear Data Allocation Objectives And KPIs

Starting with a crystal clear vision always helps. Keep your Business Intelligence and Business planning locked and loaded before the implementation begins.

2. Collaborative Planning And Involving Stakeholders

This step is usually overlooked, but that would be a mistake. It is imperative to keep your business stakeholders in the loop for any implementation as it will cost the organization money, and stakeholders need to be able to organize a budget for it. Collaborative planning within the company will also boost the process and make it more secure.

3. Ensuring Data Accuracy And Integrity

This can be achieved through proper validation and cleansing. Running through multiple models before the final implementation is vital. Business data is highly confidential; therefore, ensuring its accurate integration and clear integrity is a top priority.

4. Continuous Monitoring And Optimization Of Data Allocation Processes

The last practice would be to complete maintenance after implementation. Aftercare is important. Keep an active eye on the cloud’s allocation processes and optimization habits.

Future Trends And Innovations In SAP Analytics Cloud  

The SaaS service is an ever-evolving and continuously progressing service with new features consistently popping up. The future of SAP Analytics Cloud is bright, and investing in it at the earliest is a great way to be a part of this future. Three of the biggest trends and innovations in SAP Analytics Cloud are:

1. Integration With Emerging Technologies

The involvement of any form of advanced emerging technology already promises a skyrocketing rate of progress. These technologies will enable SAP Analytics Cloud with real-time integration and processing, among many other things.

2. Embedded Analytics And Real-Time Insights For Faster Decision Making

Alongside data allocation, SAP Analytics Cloud thrives in efficient decision-making. With its embedded analytics and consistent real-time insights, the whole daunting decision-making process will be overtaken by this cloud.

3. Predictive Analytics For Proactive Resource Allocation And Forecasting

Lastly, this cloud service is bound to enhance its predictive analytics for more appropriate resource allocation and demand predictions. This is probably the most impactful trend that can emerge in SAP Analytics Cloud as it can make your business future-proof and ready.

Read more: A Simple Guide To Handling Common SAP Errors & Troubleshoots.

SAP Errors

How Fingent Can Help

Fingent provides certified experts for a client-centered service with transparency and good communication. These experts utilize the latest and fast-emerging advanced technology to make your SAP S/4HANA implementation process easy and flawless. We assist our clients through every step of the implementation process and even provide excellent post-implementation support by monitoring performance, addressing user feedback, and providing any necessary fixes.

Give us a call, and let’s talk about how we can make SAP Analytics Cloud work for you.

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    About the Author

    ...
    Ashok Kumar

    Ashok leads Fingent’s SAP Consulting practice for ANZ, SE Asia, The Middle East and Africa (EMEA), and other global clients. More specifically, he helps companies improve operational efficiency by enhancing their digital cores and improving their application integration. Ashok has amassed over 20 years of leadership and consulting experience having worked with Global giants like SAP, IBM Consulting, Capgemini, & Oracle in his previous assignments. Connect with Ashok via LinkedIn and learn how your business can excel with recent SAP trends.

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      Businesses find themselves at a critical juncture as customer expectations soar and their loyalty hangs by a thread. The key to captivating and retaining customers lies in mastering the art of seamless omni-channel experiences—an unparalleled approach that fuels growth, builds unbreakable bonds, and sets organizations apart in the digital era. 

      Embracing this transformative strategy is no longer a choice but a necessity. Thankfully, at the forefront stands SAP Customer Experience, empowering businesses to redefine the very essence of customer engagement.

      In this blog, we dive into the crucial significance of delivering seamless omni-channel experiences in the digital era and explore the pivotal role played by SAP Customer Experience in achieving omni-channel excellence. We will also take a look at the success stories of industry-leading companies that benefited from SAP customer experience. 

      Meaning and Significance of Omni-Channel Customer Experiences

      Today, customers’ journey has become complex and dynamic. It spans various touchpoints such as websites, mobile apps, social media platforms, physical stores, and more. 

      Omni-channel experiences refer to the seamless integration and synchronization of these channels, providing customers with a consistent and cohesive journey regardless of the device or platform they choose to engage with. 

      It involves delivering a unified and personalized experience that transcends individual touchpoints. To achieve success most businesses have adopted SAP customer experience. Let’s delve into it to understand how it can enhance omni-channel experience.

      SAP Customer Experience – Where the Boundaries Between Channels Dissolve

      SAP Customer Experience stands as a transformative force, reshaping how businesses engage with their customers across the entire journey. From capturing initial interest to post-purchase satisfaction, SAP Customer Experience covers every aspect of the customer lifecycle, enabling organizations to forge lasting relationships and foster brand loyalty.

      By leveraging the power of integrated data, intelligent insights, and personalized content, SAP Customer Experience empowers organizations to deliver consistent, contextual, and captivating experiences across every touchpoint. 

      With SAP Customer Experience, businesses can unlock the true potential of omni-channel excellence, creating a symphony of interactions that resonate with customers on a profound level. By seamlessly connecting commerce, marketing, sales, service, and customer data, SAP Customer Experience sets the stage for organizations to thrive in the digital era, building lasting customer relationships and achieving unparalleled success.

      SAP Customer Experience- Where Extraordinary Customer Experiences Take Center Stage

      SAP customer experience strategies not only meet customers’ rising expectations but also provide valuable insights into their preferences and behaviors, enabling organizations to make data-driven decisions and tailor their offerings more effectively. Consider a few key elements of a successful omni-channel strategy:

      • Weaving the Threads of Connection: Like the threads woven meticulously into the fabric, a successful omni-channel strategy integrates various channels, ensuring they work harmoniously to deliver a consistent and unified brand experience.
      • Insights as Your North Star: By leveraging data from various channels, you gain a deep understanding of your customers’ preferences, behaviors, and needs. These insights fuel your strategy, allowing you to create highly personalized experiences that resonate with each individual.
      • Personalization: Just as a perfectly tailored suit enhances confidence, personalization in the omni-channel realm enhances customer satisfaction. By tailoring content, recommendations, and promotions to individual preferences, you create meaningful connections that build loyalty and trust.
      • Orchestrating Symphony of Consistency: Consistency across channels is the melodic backbone of your strategy. From the visual identity to the tone of voice, maintaining a consistent brand presence reinforces recognition and cultivates a sense of trust among customers.
      • Real-Time Responsiveness: Being able to engage with customers in real-time enables you to provide immediate support, address concerns, and deliver personalized offers. This responsiveness creates a delightful experience that makes customers feel heard and valued.
      • Seamlessness: Customers should effortlessly move between channels, with their journey continuing seamlessly, preserving their progress, preferences, and context.

      Read more: Optimizing SAP Systems for Better Performance.

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      Real-World Success Stories of SAP Customer Experience Implementation

      SAP Customer Experience presents compelling use cases for different industries and challenges. By leveraging the suite’s capabilities, organizations can overcome the challenges they face, be it in retail, e-commerce, or B2B sectors. From creating a unified shopping experience, and driving personalization, to streamlining sales processes and enhancing customer service, SAP Customer Experience provides the solutions needed to achieve omni-channel excellence and deliver exceptional customer experiences.

      1. Retail industry: Creating a unified shopping experience across online and offline channels

      Challenge: The retail industry faces the challenge of bridging the gap between online and offline channels to deliver a seamless shopping experience. Customers expect consistent product information, pricing, and promotions regardless of whether they interact with a brand online or in a physical store. Aligning inventory, customer data, and processes across these channels becomes crucial for success.

      Solution: SAP Customer Experience offers a comprehensive solution for retailers to overcome this challenge. By integrating SAP Commerce Cloud with their existing systems, retailers can synchronize product catalogs, pricing, and inventory in real-time. This ensures that customers receive accurate and consistent information, whether they browse online or visit a store. Additionally, features like click-and-collect and endless aisle empower retailers to offer flexible shopping options, creating a unified experience that seamlessly blends online and offline channels.

      2. E-commerce sector: Driving personalized recommendations and targeted marketing campaigns

      Challenge: E-commerce businesses strive to deliver personalized experiences that resonate with customers, driving engagement and conversions. However, understanding customer preferences, delivering relevant recommendations, and executing targeted marketing campaigns at scale can be a significant challenge.

      Solution: SAP Marketing Cloud, a component of SAP Customer Experience, equips e-commerce businesses with the tools to address this challenge. By leveraging customer data, machine learning, and predictive analytics, SAP Marketing Cloud enables businesses to understand individual customer preferences and behavior. This valuable insight fuels personalized product recommendations, tailored content, and targeted marketing campaigns across various channels. The result is a highly engaging and relevant experience that resonates with customers, increasing conversions and fostering brand loyalty.

      3. B2B organizations: Streamlining sales processes and enhancing customer service through omni-channel support

      Challenge: B2B organizations often have complex sales cycles and multiple touchpoints for customer interactions. The challenge lies in streamlining these processes and providing consistent support across channels while maintaining personalized and high-quality customer service.

      Solution: SAP Sales Cloud and SAP Service Cloud, components of SAP Customer Experience, are tailored to address the unique needs of B2B organizations. SAP Sales Cloud offers comprehensive sales management tools, empowering sales teams with real-time insights, streamlined processes, and collaborative capabilities. This allows for efficient management of complex sales cycles and ensures a consistent experience for customers, regardless of the channel they engage through.

      Watch now: Why Businesses Should Opt for SAP to Fuel Their Growth & Success?

      Best Practices for Crafting Seamless Omni-Channel Journeys through SAP Customer Experience

      Following best practices like these mentioned below will help in successfully implementing SAP Customer Experience:

      • Conduct a comprehensive analysis of existing customer touchpoints: Conducting a comprehensive analysis involves examining all the channels through which customers interact with your brand, including websites, mobile apps, social media platforms, physical stores, and call centers. This will help you can identify areas of improvement and uncover opportunities for delivering a seamless omni-channel experience.
      • Define clear omni-channel objectives and KPIs: Well-defined objectives and KPIs can help you can track progress, measure success, and make data-driven decisions throughout the implementation process.
      • Establishing seamless integration between SAP Customer Experience modules and existing systems: By integrating SAP Customer Experience with existing systems such as CRM or ERP, you can leverage existing data and workflows, streamline operations, and maximize the value of the solution.
      • Continuous monitoring and optimization of omni-channel experiences: Implementing SAP Customer Experience is not a one-time task but an ongoing journey of continuous improvement. Identifying areas for optimization can enable you to make informed decisions to refine and enhance the omni-channel experiences you deliver, ensuring they remain relevant, engaging, and effective.

      How Fingent Can Help Leverage SAP Customer Experience

      Partnering with Fingent can unlock the full potential of SAP Customer Experience for your business. With our expertise in SAP implementation and customization, we can guide you through the journey of leveraging emerging technologies, integrating IoT devices, and harnessing predictive analytics. 

      Our deep understanding of customer experience trends and innovative solutions enables us to tailor SAP Customer Experience to your specific needs, ensuring that you stay ahead of the curve in this rapidly evolving landscape.

      Reach out to us, and let’s discuss your needs. 

      Stay up to date on what's new

        About the Author

        ...
        Ashok Kumar

        Ashok leads Fingent’s SAP Consulting practice for ANZ, SE Asia, The Middle East and Africa (EMEA), and other global clients. More specifically, he helps companies improve operational efficiency by enhancing their digital cores and improving their application integration. Ashok has amassed over 20 years of leadership and consulting experience having worked with Global giants like SAP, IBM Consulting, Capgemini, & Oracle in his previous assignments. Connect with Ashok via LinkedIn and learn how your business can excel with recent SAP trends.

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          SAP S/4HANA is a catalyst for business success, weaving its transformative power across the ERP landscape. SAP S/4HANA is more than just any software; it’s a realm of possibilities. It is like a digital fortress that integrates and orchestrates your supply chain, ensuring harmony and efficiency throughout your organization. 

          With a single source of truth, it empowers organizations to make informed decisions based on accurate, up-to-the-minute insights. It’s like having a trusted compass that illuminates the hidden paths of your operations, empowering you to confidently navigate the ever-changing terrain of the business landscape.

          Understanding SAP S/4HANA – A Visionary Leap Into The Future

          SAP S/4HANA is not your ordinary ERP solution. It harnesses the power of in-memory computing, real-time analytics, and a simplified data model to deliver a seamless and intelligent ERP experience. It is a technological marvel that blends speed, agility, and simplicity into a single transformative platform.

          The shift from traditional SAP ERP systems to SAP S/4HANA marks a significant milestone in the ERP landscape. It represents a move from a row-based data model to an in-memory, columnar-based data model, resulting in lightning-fast data processing and real-time analytics.

          With the transition to SAP S/4HANA, businesses unlock a plethora of benefits. They gain real-time insights for faster decision-making, simplified processes for improved efficiency, and intelligent technologies for enhanced automation and predictive capabilities. It’s like upgrading to a futuristic command center that propels your business into a new realm of success.

          Let’s begin by unveiling the key features and capabilities that make SAP S/4HANA shine.

          • It brings the power of real-time insights, allowing businesses to make decisions based on up-to-the-minute data. 
          • SAP S/4HANA simplifies processes, reduces data redundancies, and eliminates complexities to streamline operations. 
          • It leverages advanced technologies such as artificial intelligence (AI), machine learning, and predictive analytics to unlock automation, insights, and predictive capabilities.

          Read more: A Beginner’s Guide To Implementing SAP S/4HANA

          SAP S/4HANA

          Key Benefits of SAP S/4HANA

          1. Grasp The Pulse of Your Business at Any Given Moment with Real-Time Analytics.

          With its in-memory computing capabilities, SAP S/4HANA processes massive amounts of data in real-time, allowing for faster and more responsive operations. With real-time analytics, you have the power to respond swiftly to changing market dynamics, identify emerging trends, and seize opportunities before they fade away. It’s like having a nimble and swift chariot that propels your business forward, helping you stay ahead of the competition.

          2. Enthralling User Experience

          SAP S/4HANA’s intuitive interface and personalized dashboards transform ERP navigation into a delightful journey. It’s like stepping into a realm of effortless elegance, where tasks are completed with grace and efficiency, where your teams can work seamlessly, unlocking their full potential and driving productivity to new heights.

          3. Declutter Your Landscape with a Simplified Data Model

          SAP S/4HANA can help you bid farewell to the tangled webs of complexity and data redundancies. It enables you to declutter your business landscape, allowing you to focus on what truly matters—innovation and growth. With a simplified data model, your organization gains agility, flexibility, and the ability to adapt swiftly to changing business needs.

          Now that you are aware of the business benefits let’s discuss how you can prepare for SAP S/4HANA implementation.

          Prepare For SAP S/4HANA Implementation

          With the right foundations in place, organizations can embark on their SAP S/4HANA implementation with confidence, ready to unlock the full potential of this transformative platform.

          1. Assessing Business Readiness:

          Assessing the organization’s readiness for SAP S/4HANA implementation is like taking stock of your supplies before embarking on a grand expedition. Evaluating data readiness ensures that your information is accurate, complete, and compatible with the new system. Additionally, allocating resources appropriately – including skilled personnel and budget – ensures that you have the necessary support to navigate the implementation journey smoothly.

          2. Building the Implementation Team:

          On a voyage, each member has a vital role to play. Project managers steer the entire implementation process. Functional consultants bring their expertise in specific business areas, ensuring that SAP S/4HANA meets your unique requirements. Technical experts handle system configurations, integrations, and customizations. Together, this cross-functional team brings together diverse perspectives, fostering synergy and ensuring that all aspects of the implementation are addressed comprehensively.

          3. Chart your Course by Defining Implementation Goals and Scope:

          Defining clear goals and scope for the SAP S/4HANA implementation provides a clear direction and prevents aimless wandering. By identifying key business processes, you prioritize areas that will benefit most from the new system. This focused approach optimizes time and resources enabling effective project planning and increasing the likelihood of a successful SAP S/4HANA implementation.

          Six Phases of SAP S/4HANA Implementation

          Each of the following well-defined phases of the SAP S/4HANA phase brings your organization closer to harnessing its and unlocking new levels of efficiency, agility, and competitive advantage:

          Phase #1 Project Planning and Preparation:

          Planning and preparation are like laying the foundation for a solid structure. Activities in this phase include creating a detailed project plan, establishing timelines, and defining deliverables. By clearly outlining project objectives, tasks, and responsibilities, organizations ensure a structured and well-organized implementation process. 

          Effective stakeholder communication is vital during this phase, keeping everyone informed and engaged. Change management strategies are implemented to address any resistance to change, ensuring the smooth adoption of SAP S/4HANA.

          Phase #2 System Installation and Configuration:

          System installation and configuration start with assessing hardware requirements and designing the system landscape, ensuring optimal performance and scalability. The SAP S/4HANA system is then installed, configured, and integrated with other systems, creating a cohesive IT ecosystem. This phase requires careful consideration of factors like network infrastructure, security, and software installation.

          Phase #3 Data Migration and Conversion:

          Data migration and conversion are like transferring belongings to a new home. Legacy data is extracted, transformed, and loaded into the SAP S/4HANA system. This process involves data cleansing, eliminating duplicates, and ensuring data accuracy. Data validation is crucial to verify the integrity and consistency of migrated data. 

          Phase #4 Customization and Configuration:

          This phase is like arranging furniture in a new space. Configuration involves setting up master data, defining workflows, and configuring system functionalities. This phase ensures that SAP S/4HANA aligns with the organization’s unique processes, enabling efficient operations and improved user experience.

          Phase #5 Testing and Training:

          Testing and training form the backbone of a successful SAP S/4HANA implementation. Thorough testing is conducted to validate the system’s functionality, performance, and data accuracy. This includes unit testing, integration testing, and user acceptance testing. 

          Training programs are designed to equip end-users with the necessary skills and knowledge to effectively utilize SAP S/4HANA. 

          Phase #6 Go-Live and Post-Implementation Support:

          Going-live is like opening the doors to a new facility, enabling users to work with real data. Post-implementation activities include monitoring system performance, addressing user feedback, and providing ongoing support. Continuous improvement initiatives and enhancements are implemented based on user experience and evolving business needs. Regular system maintenance and updates ensure the system’s optimal performance and long-term success.

          These are some best practices and lessons learned from previous SAP S/4HANA implementations. They offer valuable insights that can guide your organization toward successful implementation. These can help you avoid common pitfalls and maximize the benefits of SAP S/4HANA. 

          Read more: A Simple Guide To Handling Common SAP Errors and Troubleshoots

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          Strategies You Can Use to Overcome Common Challenges

          Challenges during SAP S/4HANA implementations can vary, but some common ones include data migration complexities, resistance to change, resource constraints, and technical integration issues. To overcome these challenges, organizations should:

          • Engage experienced consultants and leverage their expertise.
          • Invest in data cleansing and migration tools to streamline the process.
          • Prioritize change management activities and communicate the benefits of SAP S/4HANA.
          • Allocate sufficient resources and budget for implementation and post-implementation support.
          • Collaborate closely with SAP experts and leverage their guidance and best practices.
          • Monitor the implementation progress regularly and adapt the plan as needed.

          How Can Fingent Help?

          Fingent can provide comprehensive services to deploy SAP S/4HANA for better supply chain management. We at Fingent offer consulting services to assess your supply chain management requirements and design a customized SAP S/4HANA implementation strategy. Our advisory services provide expert guidance on how to optimize your operations and drive digital transformation.

          Are you currently using an older version of SAP ERP? If so, we can analyze your existing system, assess the impact of the conversion, and guide you through the conversion process.

          Fingent leverages SAP Leonardo’s intelligent technologies, such as machine learning, IoT, and analytics, to enhance your supply chain management processes. With our expertise in SAP S/4HANA and supply chain management, we can guide you through the entire deployment process, from strategy and implementation to ongoing support.

          Reach out to us, and let’s work magic for you. 

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            About the Author

            ...
            Ashok Kumar

            Ashok leads Fingent’s SAP Consulting practice for ANZ, SE Asia, The Middle East and Africa (EMEA), and other global clients. More specifically, he helps companies improve operational efficiency by enhancing their digital cores and improving their application integration. Ashok has amassed over 20 years of leadership and consulting experience having worked with Global giants like SAP, IBM Consulting, Capgemini, & Oracle in his previous assignments. Connect with Ashok via LinkedIn and learn how your business can excel with recent SAP trends.

            Talk To Our Experts

              SAP ERP has been taking up the technological market by storm, and somehow they always have newer and better versions of it releasing consistently. Sometimes it can be hard to keep up with it all, so we are here to help you figure it out, one step at a time. 

              Before we can bite into the big chunk of how to implement this technology into your organization’s workflow, let us first take a nibble and understand what SAP S/4HANA is.

              SAP S/4HANA – A Powerhouse of Solutions

              S/4HANA, created by SAP Software Company, was devised specially to make Enterprise Resource Planning (ERP) faster and easier to access through a simplified data model, sleek architecture, and a new advanced user experience. S/4HANA is essentially integrated with a number of emerging advanced technologies such as Artificial Intelligence (AI), Machine Learning (ML), the Internet Of Things (IoT), and Advanced Analytics

              Implementing SAP S/4HANA for your business carries a load of benefits with it, including performance boost, simplified processes, enhanced user experience, stability, flexibility, and so much more. It improves the overall functional efficiency of the workplace and drastically cuts costs.

              Understanding SAP S/4HANA 

              With many powerful advanced technologies forming its backbone, S/4HANA gives organizations the opportunity to better manage product development, production, and distribution processes. With its assistance, companies can better supervise product quality, minimize production errors, and significantly enhance the efficiency of their supply chain. 

              Before the domination of HANA, all SAP software functioned on third-party databases. HANA changed this pattern by bearing SAP’s own in-memory platform. This feature of S/4HANA provides a much faster rate of access and analysis of data. With regard to software development, SAP S/4HANA is also considered a platform for customer-defined applications. 

              Key Benefits Of SAP S/4HANA 

              SAP S/4HANA comes with many benefits. Jotted down below are a few of the more important benefits of implementing SAP S/4HANA for your business:

              • Real-time Analysis: SAP S/4HANA aims to provide end users with active decision support and data analysis in real time. Real-time analytics is when logic and mathematics are applied to data to provide insights for making better decisions at a faster pace.
              • Improved User Experience: It provides an innovative user experience that enables users to easily use Overview Pages, Work Lists, and List Reports. Its UI is designed with added intuition, personalization, and simplicity which allow users to interact with the software and access required details.
              • Simplified Data Model: S/4HANA immensely simplifies the management and administration processes to an extent that simplicity is one of the key features SAP imbibed into its application structure. 
              • Business Process Optimization: It also enables the unification of hardware and network resources to serve as the digital core by accessing its HANA in-memory database, for business process optimization.
              • Digital Transformation: Lastly, S/4HANA has a digital crux that presents organizations with a unique platform for boosting main business processes along with analytical and decision-making capabilities in real time.

              Read more: A Simple Guide To Handling SAP Errors and Troubleshoots!

              SAP Errors

              Preparing for SAP S/4HANA Implementation 

              Implementing SAP S/4HANA is not going to be an option anymore. It will be inevitable. Before you start on this journey, however, here are a few precautions to keep in mind:

              1. Assessing The Organization’s Readiness 

              Before making any hasty decisions, regardless of how smart they may seem to be, it is of utmost importance to first completely analyze your company’s situation. The process of assessment will require you to review your system requirements and gauge the scope of your S/4HANA implementation. Your organization’s readiness to cope with the change is very important. Factors such as business process analysis, data readiness, and resource allocation need to be kept in mind.

              2. Building The Implementation Team

              With the right partner and the perfect team backing you up, there are slim to zero chances for any sort of slipups. Your implementation team should have a set of common objectives and performance goals that they share with you. It should draw up a program management plan that includes not just your system integrator, but also activities for your business users, internal resources, and any other third parties that you are bound to include. Having a cross-functional team is vital. These teams retain the responsibility of moving all of their user stories and tasks forward on their own and their main objective is to be as self-sufficient as possible so that they rarely need to step outside of their own team to accomplish a task.

              3. Defining Implementation Goals And Scope 

              Write down and share your business’s needs, goals, and scope, and understand the business processes that will be influenced by the implementation. Business Process Modules are graphical representations of an organization’s business processes or workflows. They help organizations enhance efficiency, productivity, and agility. Remember to identify these processes and determine their modules and functionalities before implementation. 

              Phases Of SAP S/4HANA Implementation

              Once you have determined that your organization is ready to implement SAP S/4HANA, you can acquaint yourself with the different phases of implementation that will help you achieve successful implementation.

              1. Project Planning And Preparation 

              Included in this phase are activities such as creating a project plan, establishing timelines, redefining business priorities, forming an efficient implementation team, adequate communication between stakeholders and project managers, and finally, change management strategies. The project planning section will include considering all the details and factors, which can be challenging due to the vast landscape. 

              The next step is to form the dream team – an effective and hardworking implementation team that truly cares about your project. You will need to specify your requirements to the SAP implementation team and based on your needs, the team can assist you in picking the right tools and approaches that will benefit your business. 

              In addition to a team of experts, it is well advised to have a committed manager to oversee the implementation processes. This entails effective communication among the key players within your team and the business at large. Also, ensure that your implantation team has fool-proof change management strategies at their disposal. 

              Finally, you will have to redefine your business priorities, objectives, and goals. This is bound to be a daunting task but it is essential for change and progression. It is wise to also determine key performance indicators (KPIs) and milestones to establish timelines and measure progress. 

              2. System Installation And Configuration 

              The next step is the implementation phase. Here, the team will conduct baseline configurations to ensure your new SAP processes meet your business needs. This helps to dramatically reduce and eliminate discrepancies from your blueprint. The team will also need to perform robust testing to assess the operation’s success and highlight probable errors. 

              The configuration of the baseline system will follow close behind. It is during this step that all project plan fine-tunes are done and all gaps found are eliminated from the business blueprint to ensure seamless SAP implementation. Any customization required can also be taken care of by the implementation team during this phase. Three key factors to keep in mind during this phase are – hardware requirements, system landscape designs, and software installation.  

              3. Data Migration And Conversion 

              Data migration and conversion is a very intricate procedure. One slip-up and your company could lose tonnes of data and ultimately the loyalty of its customers. Legacy System Migration Workbench (LSMW) is widely known as a tool that supports the transfer of data from non-SAP systems to SAP systems. This transfer can be one-time as well as periodic. LSMW also actively supports the conversion of data from the legacy system in numerous ways during migration. 

              Data cleansing is the first step of conversion during migration. It is of vital importance because there is a high chance that incorrect data may be present within the migrated data set. Data cleansing through data transformation and data validation is by far a cheaper and more efficient method. This step will eradicate errors even though multiple sources of data are at play. 

              4. Customization And Configuration 

              Everyone enjoys experiences that feel personalized. S/4HANA implementation involves an entire phase just for customization and configuration. However, in the context of SAP, customizing is the process of adjusting the SAP software to the requirements of a business by tracing the organizational structures and processes of the company into the SAP system. The organizational structure includes the basic data information needed to be customized for the SAP implementation to be successful. It may not seem like a big deal but accurate customization is one of the biggest exhibits. 

              5. Testing And Training 

              Any freshly implemented software needs to be rigorously and thoroughly tested. The purpose of testing in SAP is to ensure that business-critical processes work and there are no gaps in the system. When a new process is set up, when an existing process is adjusted, and when SAP updates its system, testing happens at every stage. Testing prevents bugs from spreading, reduces developmental costs, and enhances performance. Testing paves a path for a sustainable way to approach planning, strategizing, and highly controlled execution and monitoring. 

              Training of employees for the new installation is also very important. It is most essential to ensure that end-users of the software are trained adequately on how to effectively use SAP S/4HANA. 

              6. Go-live And Post-implementation Support 

              During this final phase, migration of all the data to the production environment’s SAP systems is performed. All the data is migrated scrupulously to the new SAP S/4HANA systems. After this, the project managers will need to run frequent tests to check if everything works as expected. SAP systems are consistently supervised and optimized for better performance. 

              Implementing a successful SAP S/4HANA system for your business goes beyond traditional methods; the last step in ensuring a successful SAP implementation is to create a highly reliable support team that can assist with any post-implementation issues that may arise. Aftercare is important and should not be underestimated. Your support team should monitor and rectify both major and minor errors during post-production.

              Read more: Strategizing A Successful SAP S/4HANA Migration for Businesses

              SAP S/4HANA Migration

              How Fingent Can Help

              There is no doubt that implementing SAP S/4HANA is good for your business, but it is wise to be aware of some of the challenges that could come with its implementation. Disorganization, improper and insufficient preparation, complex data to be transferred in the source system, complex custom code, and lack of testing and validations – could hamper the successful implementation of SAP S/4HANA. 

              Fingent can help. As a silver partner for SAP, we have the expertise needed to navigate all the challenges of implementation and help you make a success of it. 

              Our approach unites the best of SAP Activate methodology with preconfigured solutions, focused templates, and a modular and agile framework. Our experts assist clients through every step of the implementation process and even provide excellent post-implementation support by monitoring performance, addressing user feedback, and providing any fixes if necessary.

              Reach out to us and allow us to help you on your SAP S/4HANA journey.

              Stay up to date on what's new

                About the Author

                ...
                Ashok Kumar

                Ashok leads Fingent’s SAP Consulting practice for ANZ, SE Asia, The Middle East and Africa (EMEA), and other global clients. More specifically, he helps companies improve operational efficiency by enhancing their digital cores and improving their application integration. Ashok has amassed over 20 years of leadership and consulting experience having worked with Global giants like SAP, IBM Consulting, Capgemini, & Oracle in his previous assignments. Connect with Ashok via LinkedIn and learn how your business can excel with recent SAP trends.

                Talk To Our Experts

                  Today, technology unlocks the value of time, allowing us to easily juggle multiple tasks and accomplish much more in less time. For some time now, SAP has become the backbone of efficient business operations. It has helped many businesses streamline their operations and scale their business to never before imagined heights.

                  Have you implemented SAP yet? If you have, then you must see firsthand how amazing it is! In this blog, we will help you maintain that awesomeness by giving you some great tips on managing and troubleshooting common SAP errors and issues.

                  Why SAP Is No Longer An Option But A Necessity

                  To manage current processes, many businesses still use a wide array of legacy software programs and possibly cloud apps to handle different procedures.

                  Did you know: Enterprises add 1,061 applications on average to their ecosystem. – 2023 connectivity Benchmark Report by Mulesoft Research.

                  In many organizations, it is common for separate departments to purchase and develop their own software solutions, operating independently of one another. This can lead to the use of multiple software programs within a department, which often lack the ability to integrate with each other.

                  A 2023 connectivity Benchmark Report by Mulesoft Research shows that only 29% of the surveyed businesses’ applications are properly integrated.

                  As a result, businesses may struggle to create a unified ecosystem that meets their current needs. To address this, audit your current toolkit and consider implementing a comprehensive ERP solution that can integrate various business operations. SAP solutions offer the ability to integrate these modular apps and create a more cohesive business system. By using a unified approach, businesses can improve their overall operations and drive growth.

                  The report by Mulesoft Research further mentioned that only 36% of enterprises consider the lack of integration between siloed apps the biggest challenge to digital transformation. Now if you aren’t one of them and have already implemented SAP, that is commendable indeed!  –

                  However, the SAP system can be quite intricate. Given that, issues and errors may arise due to various factors.

                  Read more: Driving Business Modernization with SAP!

                  Suggestions And Tips to Manage and Troubleshoot SAP Implementation Issues

                  Here are some suggestions for common SAP errors and issues along with tips to manage and troubleshoot those issues effectively.

                  Issue #1- Slow Performance

                  Various aspects affect performance. These include network issues, database problems, or system overload. SAP performance issues, if ignored, can cause serious problems. To troubleshoot and manage this try the following steps:

                  • Identify the source: Identify the component or area that is responsible for the slowness. You can do this by keeping a tab on SAP performance metrics like response times, resource usage, and so on.
                  • Analyze logs and traces: Use tools provided by SAP to analyze logs and traces.
                  • Monitor hardware and network components: Monitoring servers, storage devices, and network components can help ensure the hardware is adequately configured, updated, and optimized.
                  • Check system performance: Check system performance periodically to identify trends and patterns.
                  • Optimize database: Check for memory leaks and increase database cache if necessary. Perform regular maintenance tasks like defragmentation and indexing.

                  Issue #2 – Authorization

                  Authorization problems may arise if SAP users lack the necessary access to certain transactions or functions. Here are some steps you can take to address authorization issues:

                  • Check who has what authorization: Confirm that users have the appropriate authorizations for the pertinent transactions and functions. The specified user needs a specific authorization object. Use the SE37 transaction or SE80 in test mode. The result table is very compact and easy to understand for authorization experts.

                  To help solve authorization problems, you can ask yourself:

                  1. What data did the user access to avail which function?
                  2. What was the reaction of the system and how should it have reacted?
                  3. How is the authorization check set up?
                  • Verify if the roles and profiles match: Ensure user roles and profiles are correctly assigned.
                  • Use the right tools: Utilize the authorization trace tool to identify any authorization problems.

                  Issue #3 – Data Inconsistencies

                  Data inconsistency problems can occur when data is incorrectly entered or updated in SAP. These issues fall into one or more categories such as unavailable data, internal inconsistency, inconsistent page, and inconsistent page set. To identify and troubleshoot data inconsistencies, try the following steps:

                  • Identify: Identify the database and the table space that contain inconsistent data.
                  • Prevent escalation of the problem: Limit access to the data before an attempt is made to resolve the inconsistency. Doing so prevents subsequent updates to the inconsistent data and thus prevents the problem from escalating.
                  • Verify data: Verify if the data entered and updated is correct in SAP.
                  • Search the data: Locate missing or duplicate data.
                  • Use the right tools: Use the data consistency check tool to identify data inconsistencies.

                  Issue #4 – ABAP Programming Errors

                  ABAP programming errors can have many causes and can interrupt the program. The most common reasons for these errors are non-handled exceptions, or that a handleable exception was not handled, a non-handleable exception was raised, an exit message was sent, or an assertion failed.  Here is what you can do to troubleshoot the issue:

                  • Analyze the error message: Read the error message carefully to understand the nature of the problem. Look for keywords or specific error codes that can provide insights into the issue.
                  • Review the code: Examine the ABAP code where the error occurred. Pay attention to the line number mentioned in the error message. Check for syntax errors, missing or incorrect statements, or any potential logical issues.
                  • Debug the code: Use the ABAP debugger to step through the code and identify the exact point where the error occurs. Set breakpoints in the code to stop execution at specific lines and observe variable values to pinpoint the problem.
                  • Analyze data and variables: Evaluate the data and variables used in the code. Ensure they contain the expected values and are correctly assigned. Use data inspectors, watchpoints, or variable analysis tools to monitor their values during runtime.
                  • Check system logs: Review system logs, such as the ABAP runtime error log (ST22 transaction), to gather additional information about the error. Look for any relevant entries that can provide clues about the root cause.
                  • Apply software patches and updates: Ensure that your SAP system is up-to-date with the latest patches and updates. Some errors might be resolved by applying the relevant software fixes provided by SAP.

                  Issue #5 – Integration Issues

                  Integration issues occur when there are issues with data exchange between SAP and other systems. To troubleshoot integration issues, try the following steps:

                  • Identify the scope and symptoms: Clearly define the integration problem you are facing and identify the specific symptoms. For example, determine if it’s a data transfer issue, communication problem, or functional discrepancy.
                  • Review integration configurations: Verify the integration settings and configurations in both the sending and receiving systems. Check the integration points, interfaces, message types, mappings, and adapters to ensure they are correctly set up.
                  • Check system connectivity: Validate the connectivity between the systems involved in the integration. Ensure that network connections, firewalls, and communication channels are properly configured and accessible.
                  • Analyze error messages and logs: Examine error messages, log files, and monitoring tools specific to the integration scenario. SAP provides various tools like SAP PI/PO monitoring, SAP AIF, or SAP CPI for monitoring and error analysis. Analyze the messages and logs to identify any error codes, timestamps, or specific details that can help pinpoint the issue.
                  • Collaborate with integration partners: Engage with the stakeholders involved in the integration, such as functional consultants, technical teams, or external partners. Collaborate to understand their system configurations, share information, and jointly troubleshoot the issue.

                  Read more: Top Business Benefits to Gain with Fingent’s SAP AMS Services!

                  SAP AMS

                  How Can Fingent Help

                  Automating the monitoring and optimization of SAP performance can significantly enhance your enterprise operations. It is a positive step towards maximizing productivity and efficiency. As a trusted industry leader, Fingent can assist you in optimizing your SAP system and other relevant tools to ensure they function seamlessly within your enterprise.

                  To avoid costly performance and security issues associated with SAP systems, it is advisable to consult our experienced SAP experts. At Fingent, we are proficient in tailoring SAP solutions to meet the unique need of your enterprise. Our team is equipped with global expertise in implementing SAP solutions across various industries and business sizes.

                  Contact us today to explore your SAP options and benefit from a seamless implementation that aligns with your enterprise requirements.

                  Stay up to date on what's new

                    About the Author

                    ...
                    Ashok Kumar

                    Ashok leads Fingent’s SAP Consulting practice for ANZ, SE Asia, The Middle East and Africa (EMEA), and other global clients. More specifically, he helps companies improve operational efficiency by enhancing their digital cores and improving their application integration. Ashok has amassed over 20 years of leadership and consulting experience having worked with Global giants like SAP, IBM Consulting, Capgemini, & Oracle in his previous assignments. Connect with Ashok via LinkedIn and learn how your business can excel with recent SAP trends.

                    Talk To Our Experts

                      Are you a business owner who is in a quandary about migrating your business to SAP S/4HANA? Do you do it now, or do you wait? Here’s some help!

                      Most business owners are moving toward SAP S/4HANA at their own pace. Most businesses put away migration due to the lack of urgency. For one thing, they feel that the discontinuation deadline of support ERP support is four years away (2027). Not all agree, though.

                      24% of businesses are already using SAP S/4HANA.

                      If this isn’t reason enough, a business should move to SAP S/4HANA to make the project worthwhile on all fronts: SAP S/4HANA is a prerequisite for completing your digital transformation. Without that transformation, you will be left behind your competitors. Worse yet, you will be behind where your users expect and need you to be.

                      SAP S/4HANA is not just a technical upgrade, it is a business transformation. So, you should not be asking, do it now or wait. Instead, remember the current scenario: it is now or never!

                      Takeaway: the longer you wait to migrate to SAP S/4HANA, the farther you will fall behind your competitors.

                      Read more: Strategizing a successful SAP S/4HANA Migration for your business

                      SAP S/4HANA Migration

                      Top 10 Reasons Why You Must Migrate Now

                      The reasons for migration are compelling because the benefits are significant. With S/4HANA, companies can focus on growth and expansion without worrying about the technical aspects of integrating various IT systems.

                      The benefits of S/4HANA are countless, and it is time for your business to unlock its full potential. Join the league of agile and adaptable businesses today by incorporating S/4HANA into your business model.

                      Did you know: Increased revenue from functionality enabled by SAP S4HANA resulted in a net profit of 25.2 million?

                      1. Better Integration and An Intuitive User Experience 

                      S/4HANA comes with a sleek and user-friendly interface that makes it easy for businesses to design custom apps that work seamlessly across various devices. For instance, a company can create separate apps for sales inquiry, order overview, and sales fulfillment and then grant access to these apps based on the user’s role.

                      S/4HANA makes it simple to deploy one or many apps across different departments and functions, including sales, human resources, finance, and much more. With better integrations and an intuitive experience, S/4HANA is a smart choice for organizations looking to streamline their operations and boost productivity.

                      Did you know: Customer retention valued at 8.4 million was made possible due to the capabilities enabled by SAP S/4HANA?

                      2. Real-Time Analytics

                      One of any business’s top priorities is access to real-time data. Real-time data can help provide actionable insights on everything – from user behavior and user interactions to business intelligence.

                      Using a mechanism called a virtual data model, SAP S/4HANA can transform on-the-fly data optimized for transactional purposes into an analytics-ready structure. This solution can benefit users in business processes as they need valuable and relevant insights to help them make the right data-driven decisions on the fly.

                      SAP S/4HANA Embedded Analytics offers users a fantastic advantage by offering a plethora of preconfigured Business Content in the form of KPIs, analytical reports, predictive and planning scenarios, dashboards, and multidimensional reports that are like advanced pivot tables. This wealth of resources makes it incredibly user-friendly by providing ready-to-use solutions that cater to specific business requirements.

                      Did you know: Increased revenue from functionality enabled by SAP S4HANA resulted in a net profit of 25.2 million?

                      3. Enhanced Mobility

                      S/4HANA is the key to agility and flexibility in the business world. With its easy-to-use interface and flexible deployment options, the system allows companies to seamlessly update their business processes. Add a new sales channel, acquire a new company, or undergo a merger – S/4HANA can handle it all.

                      Let’s take the example of a company that has acquired another company that uses SAP and non-SAP IT systems. In the past, aggregating data, indexing, and integrating it would have been a daunting task. However, with S/4HANA, the integration process has become seamless and effortless. The system provides an option to bring the system into the SAP cloud without needing to integrate them. Businesses can leverage applications like Simple Finance to aggregate data from all of their acquisitions and subsidiaries without any hassle.

                      Did you know: Reduced run times are valued at over 2.1 million?

                      4. Simplified Landscape

                      SAP S/4HANA has revolutionized the business world by offering a simplified landscape. Businesses can now reduce complexity and streamline operations, thanks to this innovative solution. With SAP S/4HANA, companies can manage their IT infrastructure with ease, freeing up resources to focus on core business activities. From analytics to supply chain management, SAP S/4HANA provides all the support a business needs in a simple, intuitive package.

                      Furthermore, the system is cloud-ready, meaning that businesses can have access to the latest technologies and innovations without having to continuously upgrade their systems. SAP S/4HANA offers rich functionality and data analytics capabilities, providing businesses with real-time access to critical information and insights.

                      With a simplified landscape, companies can focus on their business objectives and drive growth, without worrying about the complexity of their IT infrastructure. In conclusion, SAP S/4HANA is the future of business systems. A simplified landscape is the first step toward unlocking the full value of the system and is becoming increasingly necessary. SAP S/4HANA is the perfect solution for businesses seeking a simplified IT environment that is scalable, intuitive, and functional.

                      Did you know: Increased productivity of IT organization employees is worth $442,971?

                      5. Advanced Automation

                      With S/4HANA, businesses can say goodbye to boring, repetitive tasks thanks to the Robotic Process Automation solutions that automate these mundane tasks. This leaves employees with more time to work on important tasks that require special attention. To make things even better, there are over 150 RPA bots available to use with S/4HANA. The integration of AI and ML technologies can provide intelligent insights into data collected from automation, taking things to the next level.

                      6. Better Data Management

                      If you run a business, you know how important database management is. Well, with SAP, you can take a deep breath and relax. They got you covered with a bunch of solutions made to make your IT environment even more manageable.

                      For example, with SAP HANA database administration, all your SAP ERP data is under lock and key and constantly being checked for optimization. You will never have to worry about it being unavailable.

                      7. Improved Integration

                      Preparing financial reports for a multinational company with multiple subsidiaries is not an easy job. It is tedious to connect with different groups, collect data and prepare reports. However, with S/4HANA you can easily connect with other people and groups and close books faster. Improved integration enables you to monitor, access, and analyze data from different groups.

                      Did you know: Accelerated cash flow managing customer orders valued at $439,675?

                      8. Greater Scalability

                      As a business grows, it’s crucial to ensure that data storage, access, and processing capabilities are able to scale accordingly. Fortunately, SAP S/4HANA offers a valuable advantage in this area with its ability to easily scale based on concurrent users and associated data volume across various network environments. This means that businesses are able to expand their data models without the concern of decreased performance. With SAP S/4HANA data growth will not impede a business’s ability to keep up with demand.

                      Did you know: Simplified accounting accelerated collection worth 1.1 million?

                      9. Enhanced Security

                      SAP S/4HANA is known for its exceptional data and application security, making it a top choice for many organizations. Additionally, the platform offers secure setups and other benefits. Moreover, privacy features enable compliance with regulatory and compliance requirements.

                      10. Future-proof your business

                      SAP S/4HANA is a cutting-edge platform created to cater to contemporary businesses’ and future demands. Its state-of-the-art features will enable businesses to stay adaptable and keep up with the ever-changing business environment, ensuring they stay competitive.

                      Read more: SAP ECC vs SAP S/4HANA – What should be the next move for your business?

                      SAP S/4HANA

                      How Can Fingent Help

                      From vision to design and delivery to maintenance, Fingent can help bring end-to-end expertise to your business’s digital transformation challenge with SAP S/4HANA. Our team can assist in transforming your strategic goals into a digital framework that streamlines your procedures and simultaneously triggers future innovation.

                      We offer a range of services, from implementing new systems to converting and consolidating existing SAP Business Suite systems. Our expertise in strategy and delivery enables us to join your journey at any stage, producing a sustainable platform that facilitates the growth of your business. Reach out to us today and let’s get started on this amazing transformation.

                      Stay up to date on what's new

                        About the Author

                        ...
                        Ashok Kumar

                        Ashok leads Fingent’s SAP Consulting practice for ANZ, SE Asia, The Middle East and Africa (EMEA), and other global clients. More specifically, he helps companies improve operational efficiency by enhancing their digital cores and improving their application integration. Ashok has amassed over 20 years of leadership and consulting experience having worked with Global giants like SAP, IBM Consulting, Capgemini, & Oracle in his previous assignments. Connect with Ashok via LinkedIn and learn how your business can excel with recent SAP trends.

                        Talk To Our Experts

                          A technology’s light shines brightest when it strives to consistently evolve and cater to the needs of society. In today’s world, running a successful business has become quite a challenge. Organizing all its vital and smaller processes into a unified system can be immensely helpful to business owners. SAP swiftly comes to the rescue here. It is also evidently evolving to reliably meet the needs and demands of modern businesses. In this article we will take a deeper look into these progressions and how they benefit a business.

                          What is SAP?

                          SAP is expanded to “Systems Applications and Products in Data Processing”. It was first developed in 1971 by IBM engineers. It integrates and stores common information while ensuring that data flows deftly from one component to another without the need for unnecessary data interference.

                          SAP is currently topping the charts as the best ERP software and houses hundreds of fully integrated modules overlaying various aspects of business management. There are essentially 2 Types of SAP ERP system Modules: Functional Modules and Technical Modules. Each module focuses on essential business functions, from human capital management and production planning to plant maintenance and quality management.

                          The Impact of SAP on Modern Business 

                          SAP ERP has a prodigious impact on business management. It houses features that are helpful in every aspect of running a business. It isn’t news that organizations depend deeply on technological tools to collect and rapidly analyze data with an aim to deliver insights into the performance of the business.

                          SAP S/4HANA is currently used by more than 28 thousand organizations around the globe to process complex data and deliver realistic insights in real time through custom applications and innovative use cases. Listed below are a few fields that are indented by SAP ERP:

                          1. Retail

                          Inside the retail industry, S/4HANA specifically thrives as it extends real-time visibility into supply chain operations, ensuring that retailers can manage inventory levels better and boost customer satisfaction. With S/4HANA, retailers track product availability with ease and improve delivery times.

                          Adidas exemplified this when it installed S/4HANA to streamline its finances and supply chain processes aiding the brand to delivery more personalized customer experiences such as product and fit recommendations.

                          2. Consumer Goods

                          S/4HANA causes impressive impacts in the field of consumer goods. It qualifies organizations to efficiently manage product development, production, reduced costs, and distribution processes. Companies using S/4HANA are better at tracking product quality, reducing production errors, and ultimately improving supply chain efficiency.

                          3. Life Sciences

                          Life Science is probably the best field to witness SAP ERP technological tools’ magic. This industry uses S/4HANA to access real-time visibility into research and development processes, manage R&D pipelines and bring new products to market more quickly. With S/4HANA, life sciences organizations have the power to better manage their regulatory compliance requirements, refine data collection accuracy, and reduce time-to-market for new products.

                          A global pharmaceutical company titled – Boehringer Ingelheim, successfully implemented S/4HANA in order to better its financial processes and gain real-time insights into its global operations. The system was a grand success and now more than 80 companies in 41 countries from New Zealand to South America are using this system.

                          Top Ways SAP Is Evolving

                          Just like any reasonably good innovation, SAP too found room to improve and evolve in order to better benefit its users and drive modernization in the digital world. Aside from its simpler data models, friendlier user interfaces, better integration and amazing advancement in real-time analytics ingrained into S/4HANA software, SAP has shown some other signs of evolution.

                          1. Greater Integration

                          As new and fascinating technologies like AI, ML, and the IoT continue to unfold, S/4HANA is deftly integrating with these technologies. For example, S/4HANA is seen utilizing Artificial Intelligence and Machine Learning to offer highly advanced analytics and predictions. It also integrates with IoT devices to provide real-time data feedback. This takes business data processing to the next level and S/4HANA’s interaction with IoT enhances production quality.

                          2. Industry Functionality

                          S/4HANA is already known for its flexible nature while meeting the needs of industries, but in recent times we can see even more industry-specialized functionality features emerging. This largely includes enhanced functionality for drastically regulating industries like healthcare and finance.

                          3. Mobile Capabilities

                          It is clear to see that mobile technology is the fastest-evolving technology in the world. Keeping this is mind, S/4HANA has become increasingly mobile-friendly. This enhances its accessibility as almost everyone owns a smartphone in this era.  Its benefits include new mobile applications that grant access to S/4HANA data and improved mobile web interfaces that make accessing S/4HANA on the go seamless.

                          4. User Experience

                          S/4HANA has always been laser-focused on quality user experience, and it is a positive sign that it is willing to work on this strength and hone its advantage. SAP continues to invest in simplifying the user interface and improving overall user experience. This includes new personalization tools and improved useability testing and design.

                          A Glimpse into The Future Of SAP 

                          If anything is a guarantee, it is that SAP ERP will always find ways to improve and dominate modern business functions. A beneficial ERP generally has to create possibilities for companies to adapt and remodel with the agility and flexibility trending in today’s markets.

                          From a technological perspective, SAP is smartly integrating with all higher forms of technology, such as Machine Learning, IoT, and Artificial Intelligence. It utilizes a modular approach to provide an integrated, intelligent entourage of customers for cloud-native technologies.

                          From a business perspective, SAP ERP enables new business models like consumption-based billing and subscription-based businesses, which are seen as widespread in the market on the horizon.

                          Read more: Transforming Business with SAP S/4HANA Cloud

                          How Can Fingent Help?

                          Fingent has worked with many clients from 4 continents since 2003. Our experts focus on client-centered transparency and offer complete services with a wide range of SAP products.

                          With Fingent on your side, your SAP S/4HANA migration can never be tedious. Our unique SAP S/4HANA service implementation methodology assists you with preparing, exploring, configuring, and deploying enhanced capabilities with SAP. Connect with our experts today!

                          Stay up to date on what's new

                            About the Author

                            ...
                            Ashok Kumar

                            Ashok leads Fingent’s SAP Consulting practice for ANZ, SE Asia, The Middle East and Africa (EMEA), and other global clients. More specifically, he helps companies improve operational efficiency by enhancing their digital cores and improving their application integration. Ashok has amassed over 20 years of leadership and consulting experience having worked with Global giants like SAP, IBM Consulting, Capgemini, & Oracle in his previous assignments. Connect with Ashok via LinkedIn and learn how your business can excel with recent SAP trends.

                            Talk To Our Experts

                              SAP is widely known for its brilliant abilities and functionalities, the foremost being Data Analysis. The newest version of SAP ERP is the SAP Data and Analytics Solution. It has been making great strides in helping businesses make sense of their data and make intelligent decisions.

                              But before we dive into that, let us briefly understand what SAP is.

                              What is SAP ERP?

                              SAP, or Systems Applications and Products in data processing, is a powerful tool revolutionizing data handling. Its extraordinary data integration capabilities have helped businesses streamline data flow while storing common information securely and efficiently.

                              As SAP has evolved, it has become an ERP software compiled of many fully integrated modules that have found vital applications in human capital management, data analysis, production planning, plant maintenance, quality management, and more.

                              Read more: SAP S/4HANA: The Definitive Guide!

                              SAP S/4HANA

                              Understanding SAP Data and Analytics Solution

                              Now that we clearly understand what SAP is and what it does let us look into SAP Data and Analytics Solution. SAP has taken the same approach as any reliable technology that would find room to grow and improve itself. SAP Data and Analytics Solution titled SAP Datasphere was launched on March 8th, 2023.

                              SAP Analytics for cloud, also called SAP Datasphere, is a cloud-based Business Intelligence (BI) tool designed by SAP Company to provide all the vital functionalities of an analytic tool to business users.

                              Carefully engineered by SAP, this tool provides analytics compatibility from data received from various databases. This tool essentially converts the raw data collected from the transactional system into comprehendible insight to assist business owners in making better decisions.

                              The SAP Analytics feature solely depends on data algorithms, programming, and operations research to get data insight and to find meaningful information from data cumulated from multiple data sources. This data insight and information ultimately leads to better business planning and forecasting.

                              Key features provided by SAP Datasphere are – Business Intelligence, Augmented Analytics, Planning, Modelling, and Smart Transformation. Some benefits that business owners can reap from this solution include – high market profitability, more accuracy in the decision-making process, reduced downtime and performance obstructions. This is a reliable solution for many challenges faced by businesses.

                              How SAP Data and Analytics Solution Helps Businesses Maximize Data Value

                              SAP solutions are famously known for making the collection, storage, management, and analysis of Big Data from multiple sources easy and seamless. It takes out the complexity of data management with its suite of products and enables businesses to handle greater chunks of structured and unstructured data. SAP uses powerful AI-driven analytics, and this is an added benefit to organizations that want to enhance operational efficiency and customer engagement.

                              SAP’s new platform, in addition to all its predecessor’s capabilities, also allows businesses to gain meaningful insights into customer trends and likings in order to navigate smarter decision-making across the organization.

                              With SAP Data and Analytics Solution, a business can get greater value from their data in three notched forms:

                              1. Database

                              It effortlessly streamlines and upraises your landscape with advanced database technology that provides flexibility, multi-cloud support, and mixed workload processing to deliver impressive results.

                              2. Data Management

                              It caters to a set of technologically advanced tools such as Artificial Intelligence (AI), Machine Learning and The Internet of Things (IoT) to identify, compile, analyze, and draw out the most context-relevant data throughout the business enterprise.

                              3. Analytics And Planning

                              Finally, it freely gives people the power and freedom to discover, plan, and act on real-time on-site insights with technologically advanced tools to assist with planning and analytics. All this is combined with a trusted semantic layer.

                              Watch more: How ERPs like SAP help CFOs make crucial decisions simpler!

                              Overview Of SAP’s Analytics Tools

                              Among SAP’s many nifty and beneficial tools are three major analytics tools – SAP Lumira, SAP Business Objects, and Analytics Cloud. We will now look at the basic functionality of these tools and what they bring to the table.

                              1. SAP Lumira

                              SAP Lumira, earlier known as SAP Visual Intelligence, possesses many unique features allowing it to visualize and analyze data from many different sources. In a short period after IT had prepared a robust data model and exposed it to a Presentation Layer tool, business users flocked to create impactful visualizations with numbers, charts, filters, and rankings.

                              2. SAP Business Objects

                              This tool is a more centralized data reporting, visualization, and sharing suite. It transforms chunks of data into meaningful insights and is available anywhere at any time. Using a flexible architecture, the SAP Analytics platform simplifies, personalizes, and creates dynamic information consumption.

                              3. Analytics Cloud

                              SAP Analytics Solution with Analytics Cloud combines analytics and planning with a unique integration, allowing seamless access to multiple data sources. This tool facilitates trusted insights and integrated planning processes throughout the enterprise to help business owners make quick, informed decisions.

                              How To Identify the Right Tools for Your Business Needs

                              Selecting the right SAP Analytics Cloud tool for your business can be a daunting job, but it can be made easy by keeping these pointers in mind:

                              • It is imperative first to analyze your business needs. Gather your organization’s tech team, its investors, and all the people you need to make this decision.
                              • Once you have sorted out what aspects of your business could use a little push or improvement, scout out a suitable partner to team up with.
                              • Next, do a thorough background check on your new potential business partner and ensure that you contact referrals before you trust your business’ future in their hands.
                              • Lastly, take any advice your SAP service provider may offer and keep communication clear.

                              How Fingent Can Help in Leveraging the Best SAP Data and Analytics Solution

                              Fingent’s certified experts focus on client-centered transparency and offer complete services with a wide range of SAP products.

                              Selecting the perfect SAP product fortifies the success of your business. A few extra benefits you receive by partnering with Fingent are – improved security, efficiency in task completion right to the deadline, automation of the data collection process, and an overall 55% gain in productivity. Want to know more?

                              Give us a call, and let us help you.

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                                About the Author

                                ...
                                Ashok Kumar

                                Ashok leads Fingent’s SAP Consulting practice for ANZ, SE Asia, The Middle East and Africa (EMEA), and other global clients. More specifically, he helps companies improve operational efficiency by enhancing their digital cores and improving their application integration. Ashok has amassed over 20 years of leadership and consulting experience having worked with Global giants like SAP, IBM Consulting, Capgemini, & Oracle in his previous assignments. Connect with Ashok via LinkedIn and learn how your business can excel with recent SAP trends.

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                                  “You on the cutting edge of technology have already made yesterday’s impossibilities the commonplace realities of today.”     – Ronald Reagan

                                  True to these words, the development and improvement of technology make possible several tasks we previously deemed impossible. The sky is quite the limit as long as humans are willing to innovate, create, and migrate.

                                  This article will look at one of these brilliant technological advancements – SAP S/4HANA. We will also discuss how you can effectively migrate to this technology and benefit your business.

                                  Introduction To SAP S/4HANA

                                  SAP S/4HANA is SAP’s most famous product that works as a business suite with an in-memory database. It allows businesses to perform transactions, manage functions, and analyze data in real-time.

                                  SAP S/4HANA is the digital heart of SAP’s plan to help its customers with digital transformations, including tedious tasks of modifying existing and new business processes. It is fabricated to house various advanced technologies, such as AI, machine learning, IoT, and advanced analytics. This enables it to help solve complex issues and analyze more information in real-time faster than any previous products.

                                  Read more: SAP S/4HANA: The Definitive Guide!

                                  SAP S/4HANA

                                  Why Migrate To SAP S/4HANA?

                                  There are innumerable reasons to migrate to S/4HANA, and listed below are a few important ones:

                                  1. Cost-effective and fast

                                  S/4HANA’s famous in-memory database improves the performance of complex business processes along with scalability and processing speeds. It plans, executes, analyzes, and reports data at exponential speeds.

                                  2. Flexibility 

                                  The greatest benefit of S/4HANA is its compatibility with other databases, hardware, and software, making it the most versatile data solution available.  It provides the flexibility to install new business acquisitions, proactively manage assets and eradicate mundane tasks from an employee’s workday.

                                  3. Analytic Capacity

                                  In-memory technology automatically means there will be no waste of time loading data from one location to another. S/4HANA reduces the time needed to perform even the most extensive reports. This, combined with its deftly built-in business intelligence functionalities, makes it capable of processing data in real time and taking required actions to overcome any hurdles.

                                  4. Simple User Interface

                                  For the sake of nostalgia and previous acclimations, SAP did not abandon its GUI of 20 years. However, a few modifications were still made to portray the enhanced business processes.

                                  5. Future-proofing IT Investments

                                  The sooner an organization migrates to SAP S/4HANA, the sooner it modernizes its business ecosystem. SAP is actively investing in this suite of business processes, and any future technological advancements will inevitably be pushed toward this fast-evolving and ingenious solution. Placing your eggs in this basket can help you in the long run.

                                  Challenges Of Migrating To SAP S/4HANA

                                  Just as with any business and technological transition, you are bound to face a few challenges while migrating to SAP S/4HANA. Listed below are a few:

                                  1. Disorientation And Confusion

                                  Being well-prepared for a conversion plan is always the first step in any SAP S/4HANA conversion project. Making conversion plans with fully detailed tasks to be performed in sequence and accurately calculating the time and effort it takes to convert the system is a serious responsibility.

                                  2. Poorly-recorded legacy processes

                                  Before jotting down a conversion plan it is imperative to evaluate existing processes. Often companies carry their existing problems to the new platform and regret the decision.

                                  3. Complexity Of Custom Code

                                  Custom code can be the backbone of information or the core code that unifies it. Conversion of any custom code to S/4HANA is an extremely complex task. An intensive study should be conducted to identify and evaluate the use of custom code. This analysis will then be the factor in deciding if the system can be converted or simply re-implemented.

                                  Read now: How SAP S/4HANA Can Help Your Business to Become An Intelligent Enterprise?

                                  SAP S/4HANA

                                  Best Practices Of Migrating To SAP S/4HANA

                                  As we’ve already seen, despite its many benefits, migrating to SAP S/4HANA can be challenging. It is far from impossible, however. Here are 5 best practices to keep in mind while making this conversion in order to keep the transition seamless:

                                  1. Visualize your end goal

                                  Figure out what your ideal ERP infrastructure and functionalities should look like. Starting a SAP migrating process means reverse integrating your ideal plan.

                                  2. Determine what to rationalize, what to refine and what to conserve

                                  This practice depends entirely on the application and which part of the business process it affects. Asses each module, component, and individual process that will be affected by the change and apply this practice to it.

                                  3. Determine how much data is required for the move

                                  If you want to reap the complete harvest of SAP S/4HANA with its advanced analytics, you have to carry over data from your existing ERP. The preceding data is what oils S/4HANA’s motors to be predictive and accurate in the first place.

                                  4. Formulate an implementation strategy that reduces migration barriers

                                  Every company’s migration process is different. However, Greenfield and Brownfield are the most famous ways of SAP S/4HANA migration. Greenfield is a total change from the old platform to the new platform and Brownfield is a technological upgrade.

                                  5. Choose a consultant who specializes in selectivity

                                  Picking the perfect partner for S/4HANA migration is critical to get the most out of the project. Find a partner who specializes in SAP environments and understands what the migration needs. Ensure that their selectivity in choosing what to migrate, what to preserve, and what to develop is on point.

                                  How Fingent Can Help?

                                  Fingent provides end-to-end planning, migration, and post-migration support and maintenance services. This includes tactical advisory on choosing the right S/4HANA migration path to suit your requirements. Our unique SAP S/4HANA service implementation methodology assists you with preparing, exploring, configuring, and deploying your project. We also provide support, project closure, and maintenance.

                                  Fingent has a proven track record of helping clients across the globe with SAP S/4HANA implementation and migration. We can help you empower your business with this powerful too!

                                  Reach out to us and talk to our experts.

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                                    About the Author

                                    ...
                                    Ashok Kumar

                                    Ashok leads Fingent’s SAP Consulting practice for ANZ, SE Asia, The Middle East and Africa (EMEA), and other global clients. More specifically, he helps companies improve operational efficiency by enhancing their digital cores and improving their application integration. Ashok has amassed over 20 years of leadership and consulting experience having worked with Global giants like SAP, IBM Consulting, Capgemini, & Oracle in his previous assignments. Connect with Ashok via LinkedIn and learn how your business can excel with recent SAP trends.

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                                      Most organizations assume that their work is done once SAP is implemented. Consider this: Do you own a car you have never given for servicing? Or any piece of equipment that has never been serviced yet continues to work optimally? Absolutely not!

                                      Likewise, the SAP system must be optimized regularly to ensure smooth organization functioning. Such optimization will enable the business to reap the real benefits of SAP investments. In this article, let us look at how you can optimize the SAP system for better business performance.

                                      Why Optimize SAP?

                                      According to Uptime’s 2022 survey, 80% of data center managers and operators have experienced some type of outage in the past three years. One in five organizations reported a server outage involving significant financial loss, reputational damage, compliance breach, and more.

                                      Did you know? Over 60% of failures result in at least $100,000 in total losses.

                                      Optimizing your SAP system is necessary to ensure your business runs as efficiently as possible. Whether you are a large business or a small business, proper optimization of your SAP system can make a big difference in terms of efficiency, agility, and, more importantly, security.

                                      Read more: 8 Ways SAP ERP Software Benefits Your Business

                                      SAP ERP

                                      Benefits Of Optimizing Your SAP System

                                      From startups to global conglomerates, all businesses can leverage the SAP system. It is a proven game-changer for businesses looking for ways to stay competitive, as it can equip them with tools and functionalities to enhance their performance. It can help your business:

                                      1. Avoid Reactive Firefighting

                                      Reactive firefighting comes into play when you have to work towards solving a situation whose outcomes are out of control. SAP takes that out of the equation. Once the SAP system is optimized, it gets easier to thoroughly, carefully, and practically monitor the systems instead of reactive firefighting.

                                      2. Prevent Potential Failures 

                                      Optimizing your SAP system can enable quick and easy identification of potential problems within the SAP landscape. This prevents larger issues by enabling early detection of the issue even when their damage is minimal.

                                      3. Reduce Noise

                                      Nearly 40% of businesses suffered a major outage caused by human error, out of which 85% stem from staff failing to follow procedures or flaws in the processes.

                                      Bombarding employees with notifications would lead to missing out on important information. SAP system optimization would reduce the unnecessary noise and the flooding of notifications that would otherwise occur. It could categorize the issue and help to focus on the matters that are actually important and may affect the bottom line.

                                      4. Reduce Time-Consuming Processes

                                      Time spent on tasks such as conducting daily performance and health checks, SLA, audit reports, and compliance reports adds up to quite a bit. This, in turn, can keep the team from focusing on fixing issues. SAP system optimization helps by enabling auto-scaling, which can detect types of applications, processes, and operating systems to deploy the right checks and limits.

                                      It is important for every business to understand the benefits of optimizing its SAP system. But it is equally important to know the best practices. Before we consider that, let us consider common performance issues in the SAP system.

                                      Common Performance Issues in SAP Systems 

                                      Performance issues may affect the entire SAP system or certain functions or operations. Around 10% of small and medium businesses have revealed that their per-hour downtime is over $50,000.

                                      Performance issues can be divided into four categories: SAP application server, Database, Network, and Hardware. Here is an overview:

                                      1. Application Server: The SAP application server is a complex amalgam of ABAP and JAVA application servers, filled with potential issues. System-wide, single transaction, and background job problems are typical, and slow performance may be intermittent or continuous.

                                      Quick fixes can usually handle single-transaction issues, while system-wide surges may require extensive troubleshooting. That’s not all. Ad hoc performance issues, such as when CPU or memory usage abruptly rises, can also be tricky to diagnose. Furthermore, the JAVA server may suffer from sluggish performance due to an individual application or the entire cluster, and long-running jobs are often a cause of concern.

                                      2. Database: These issues could range from slow data retrieval to long procedures, or even administrative errors. When attempting to diagnose the issue, it’s important to first recognize the type of database you have.

                                      You should also make sure to check for high CPU or memory usage in the server, as that can be a major cause of the problem. Additionally, remember to make sure network latency isn’t the culprit. After all, that can heavily impact database performance!

                                      3. Network: The issue with the network would be latency in all queries and truncations. If your server hardware is insufficient and slowing down SAP transactions, you may have to determine how many resources you need to support current SAP operations.

                                      4. Hardware: Hardware issues may include bottlenecks that occur at certain times or around the clock.

                                      Best Practices for Optimizing Your SAP System

                                      Optimizing your SAP system involves a number of carefully executed steps, including optimizing your data structure, optimizing the architecture of your SAP system, and optimizing your applications and processes.

                                      1. Data structure optimization – This involves making sure your data is organized in a way that is efficient and easy to access. It also involves ensuring that your data is properly indexed, ensuring that the most frequently used data is readily available.

                                      2. Architecture optimization – This includes ensuring that your hardware and software are configured correctly in order to maximize system performance. It also means they are up to date with the latest versions and that any patches or hotfixes have been applied.

                                      3. Application optimization – This involves making sure that your applications are running efficiently and that any bottlenecks are removed.

                                      Testing And Monitoring Your SAP System Performance

                                      The SAP system can be a powerhouse, but if it isn’t running optimally, it can bring your entire business to a screeching halt. To keep it in top shape, regular system health checks and performance monitoring are key – no matter how large or small your enterprise is.

                                      Unfortunately, SAP doesn’t provide a straightforward way to monitor performance, troubleshoot problems, and get back to operations quickly. Instead, users are left with the tedious labor of manually analyzing each system component to find the root of the issue, which can take days and hurt the bottom line.

                                      To prevent this, Fingent can help take care of monitoring critical tasks, work processes, batch processes, database stats, and more.

                                      Read More: Optimize Workforce Management with SAP SuccessFactors and Qualtrics

                                      SAP SuccessFactors and Qualtrics

                                      How Can Fingent Help?

                                      Successful optimization of the SAP system is the road to increasing ROI for your organization. But managing complex IT landscapes, different business processes, and multiple tools can be intimidating for in-house teams.

                                      That’s why we at Fingent top custom software development company, provide audit and optimization services to ensure your organization reaches its goals with SAP. Our frameworks and methodologies help identify bottlenecks and bring the best out of SAP systems, helping you save money and improve your processes. Reach out to speak to our SAP experts and find out how we can help.

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                                        About the Author

                                        ...
                                        Ashok Kumar

                                        Ashok leads Fingent’s SAP Consulting practice for ANZ, SE Asia, The Middle East and Africa (EMEA), and other global clients. More specifically, he helps companies improve operational efficiency by enhancing their digital cores and improving their application integration. Ashok has amassed over 20 years of leadership and consulting experience having worked with Global giants like SAP, IBM Consulting, Capgemini, & Oracle in his previous assignments. Connect with Ashok via LinkedIn and learn how your business can excel with recent SAP trends.

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