Category: SAP
Historically, SAP solutions have required abundant resources and time to implement. However, this investment of time and resources pays dividends, as organizations that successfully implement the latest SAP solutions gain a distinct advantage within their industry. This is particularly true when discussing the latest SAP solution, SAP S/4HANA. The evolution of cloud technologies fueled the rise of this next-generation enterprise resource planning (ERP) solution.
This definitive guide explores SAP S/4HANA, so business leaders can determine whether this ERP solution is the wisest investment for their organizations.
Why Modern Businesses are Considering SAP S/4HANA
SAP S/4HANA is the culmination of decades of product development innovation. This expertly designed ERP incorporates simplified architecture and a robust digital core. Additionally, it is equipped with artificial intelligence and machine learning capabilities to provide clients with access to truly revolutionary tools and functionalities.
Deploying SAP S/4HANA maintains the unparalleled level of business process coverage that SAP products are known for, while simultaneously allowing users to tap into the rapidly scalable computing power available via cloud services.
In simple terms, SAP S/4HANA eliminates the most commonly cited pain points associated with ERP implementation. Specifically, SAP S/4HANA can be implemented faster than legacy options and at a less cost-prohibitive price point, especially when users leverage the platform’s “best practices activations.”
Clients no longer have to invest in an abundance of on-premises computing resources but instead can leverage cloud-based alternatives.
Read more: It’s Time To Transform Your Business For The New Digital Age – Rise With SAP
Top Benefits of Implementing SAP S/4HANA
By transitioning to SAP S/4HANA, organizations can experience benefits such as:
1. Enhanced Ability to Adapt
With SAP S/4HANA, businesses will be better prepared to adapt to rapidly changing conditions within their sector. Additionally, the platform will help companies adopt the latest business models. Cumulatively, these benefits will make businesses more agile and resilient.
2. Improved UI/UX with Fiori
When SAP S/4HANA is paired with Fiori Innovation, the user experience is significantly enhanced. Fiori is the standard created by SAP for the use of design conventions and rich software elements.
3. Faster Deployment
In the past, deployments of legacy SAP ERP solutions could take years. Now, SAP S/4HANA migrations can be performed in mere months or weeks. Conversions from the ECC platform to SAP S/4HANA can also be performed in record times.
This reality allows clients to decrease their time to value and begin using their new software faster than ever.
4. Optimal Scalability
Transitioning from on-premises solutions to cloud-based options maximizes the scalability of ERP technologies. As businesses grow and expand, their SAP S/4HANA ERP software can evolve with them.
Before the release of S/4HANA, expanding ERP capabilities required businesses to invest in incredibly costly on-premises equipment. SAP S/4HANA makes this scalability challenge a distant memory.
5. Decreased Time to Market
One major hurdle to digital transformation was lead times. When businesses explore digital transformation investment opportunities, options that take years to go live are naturally not all that appealing to decision-makers.
As a result, some businesses settle on lesser solutions or rush through the deployment process, only to experience lackluster results with their new investment.
SAP S/4HANA addresses these recurring challenges by offering an expediting deployment process. While the efficiency and efficacy of the deployment depend primarily on the skill of the team overseeing the transition, capable SAP partners can implement S/4HANA far faster than its predecessors.
This rapid deployment is a significant selling point for businesses that need to achieve a condensed time to market and a fast time to value.
6. Advanced Analytics Capabilities
SAP S/4HANA’s dynamic array of reporting and analytics tools can provide organizational leaders with the insights they need to make data-driven decisions.
Decision-makers can view these data points through their preferred lens by customizing their reporting dashboard. SAP S/4HANA provides real-time updates, so business leaders can access the most accurate information possible.
In addition to its advanced analytics capabilities, SAP S/4HANA facilitates process automation via artificial intelligence software. Businesses can implement end-to-end automation, which reduces the workload on staff while simultaneously enhancing organizational efficiency.
Signs It’s Time to Transition to SAP S/4HANA
Waiting too long to upgrade ERP technology can turn a solution that should make businesses more efficient into a financial burden. If businesses are unsure whether it is time to transition to a leading-edge solution like SAP S/4HANA, they should look for indicators such as:
1. Lack of Standardization
When developing SAP S/4HANA Cloud, the company took the time to listen to its client base. What SAP found was that many clients were clamoring for product standardization. SAP’s clients are most often established companies that are facing very complex problems. They were early adopters of the Cloud ERP, but now these entities need to scale quickly to continue to innovate within their respective industries.
Antiquated options offered little or no standardization, making implementing and maintaining ERP software tedious, especially for those businesses with on-premise systems. SAP S/4HANA offers the level of standardization that clients were seeking while still providing them with the opportunity to customize their solutions.
2. Out of Compliance
Organizations that operate in closely regulated sectors must always be mindful of compliance requirements. The consequences can be serious if an organization clings to a legacy solution long after it has exceeded its optimal service lifecycle.
When compliance is a concern, businesses should promptly look to upgrade their legacy system with a modern alternative like SAP S/4HANA.
3. No Vendor Support
While product vendors support their technology products, they cannot support everything perpetually. As new products roll out, vendors will need to eventually discontinue offering support for previous iterations of software and ERP solutions.
You have two options when the vendor no longer supports your company’s preferred software suite.
The first involves maintaining the product in-house via cobbled-together solutions. This approach can quickly lead to diminishing performance and increasing maintenance expenses. The second, more pragmatic option is to upgrade to the latest available solution.
4. Costly to Maintain
All business moves, including replacing a legacy ERP solution, are boiled down to a risk vs. reward assessment. Much of this assessment focuses on the potential value benefits of making the switch versus the transition cost.
When legacy software becomes excessively costly to maintain, making this decision is that much easier. Antiquated technologies not only deliver less value over time, but they are also costly to keep up and running. If your organization has encountered this conundrum, it is a sure sign that it is time to upgrade.
S/4HANA Conversion vs. S/4HANA Implementation
There is an important distinction between migration or conversion and implementation for S/4HANA. Conversion involves transitioning all data and files from your existing SAP ERP solution (like ECC) to S/4HANA. Put simply, you are transforming your existing ERP solution into a variant of SAP S/4HANA.
During a system conversion, businesses will need to migrate their databases to SAP HANA 2.0. From there, they will need to convert their data to the new SAP S/4HANA model. In addition, the company must upgrade its software, which will involve replacing legacy application code with the code for SAP S/4HANA.
On the other hand, a new implementation involves building out SAP S/4HANA and then transitioning to the new system. The implementation process can be performed via a phased rollout, an incremental transition from legacy ERP to the new solution. Alternatively, businesses have the option to take all business units to SAP S/4HANA during a single massive rollout.
Both processes can be incredibly involved. Therefore, you should carefully analyze each approach’s benefits and choose the best method that best aligns with the needs and goals of your organization.
S/4HANA Conversion
Businesses that select a conversion strategy will see less significant downtime as the conversion is a one-step process. Choosing a conversion or new implementation is determined by your business type (if you are based in IT or finance, for instance), your long-term strategy and how many other systems are connected to your influencing system.
Prepare for Your Conversion
Before any new implementation or conversion projects, preparing your team and system for the changes is essential. Poor preparation can increase downtime, which decreases the effectiveness of the conversion.
Caring for your financial data includes preparing your team for new parallel accounting and document split capabilities via conversion. Also, verify the compatibility of your add-ons to ensure that they can handle the transition.
Ready your team for test cycles and have a plan in place so that each member knows their role to follow the guidelines.
Qualify a Baseline Plan
Your conversion and migration partner will assess your system to help determine the baseline plan for your system landscape. They will walk you through optimizations as well as the quality assurance systems and processes and which development system is best for you. They’ll also conduct a dress rehearsal to minimize the downtime and optimize the time your system has.
Consider Your Add-Ons
Most SAP systems have third-party add-ons as some were used to enhance the existing SAP architecture. Before starting a conversion, locate the vendor of each add-on and verify its compatibility with the SAP S/4HANA system. You’ll also want to check that you’ll still need each add-on. The vitality of the SAP S/4HANA product may eliminate the need for some third-party enhancements.
Read more: Low Code/No Code Development with SAP BTP: How It Is Turning the Future of Enterprise Resilience
Tips for Choosing the Best S/4HANA Migration Partner
When searching for the right S/4HANA migration partner, organizations like yours should consider factors such as:
- Scope of services offers
- Level of experience
- Industry reputation
- Whether the organization offers ongoing support
Of the above factors, industry reputation is of particular concern. While virtually any SAP 4/SHANA migrations partner can claim to be “top-notch,” not all of them are. Feedback from past clients serves as a valuable form of social proof that can help you determine whether a provider is right for your organization.
Fingent is Your SAP Partner
Whether you need assistance with SAP S/4HANA implementation or migration, Fingent is the ideal partner to oversee this complex process. Since 2003, Fingent has been delivering exceptional value to our clients while helping them gain distinct advantages in their respective industries.
Past clients have praised us for our quality of service, ability to expedite time to market, cost-effectiveness, and tailored approach. To learn more about our SAP S/4HANA solutions, contact Fingent today.
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The strategic significance of advanced technologies as a critical business component is recognized by enterprises like never before. Besides business modernization and cost reduction, advanced technologies allow you to compensate for labor shortages, improve brand value and competency, and expedite research and innovation processes. However, several companies jump onto the bandwagon without properly understanding the practical applications and benefits of advanced technology in their business. Only 23% of small and medium-sized enterprises (SMEs) worldwide can invest in and grow with new digital tools, indicates the World Economic Forum. This data proves why companies should analyze advanced business technology examples before adopting digital tools.
Read more: Using technology to build customer trust: Your business plan for 2022
To simplify your understanding, here’s a quick rundown of five advanced business technologies we believe will help you cope with the new business and economic environment.
- Simplifying Workflows With Cloud
- Low-code Applications
- Robotic Process Automation (RPA)
- Document Data Extraction
- AI Assistants
As these business technologies become more affordable and handy, businesses are ardently pursuing them to automate customer service, streamline workflows, differentiate products and services, and reach new markets. Depending on your budget, implementation timeline, priorities, and unique business requirements, our team at Fingent helps you build the roadmap for technology adoption.
Let’s take a closer look at the five inevitable technologies for business transformation today:
Read more: How to gain maximum value from your technology investments?
1. Simplifying Workflows with Cloud
Workflow management is a highly overlooked enterprise strategy that directly impacts productivity. Managing different stakeholders, heaps of confidential data, and a series of preset and conditional tasks manually can lead to several errors such as employees missing key steps, policy violations, compliance issues, and monetary losses. By taking your workflows online, cloud-based workflow management applications increase your productivity.
Cloud-powered workflows or workflow management tools:
- Are scalable, centralized, customizable to your needs, easy to integrate, secure, reliable, and hassle-free.
- Offer a seamless and unified collaboration interface by preventing users from toggling between different messaging apps or communication channels.
- Reduce your dependency on in-house IT team by passing on the software maintenance responsibilities to the third-party software vendor.
- Can be accessed via any authorized network (with approved access credentials), on any device, from anywhere, 24/7. This has been a huge game-changer for several companies that switched to remote operations during the pandemic.
Example of a Cloud-based Workflow Tool
Finding a cloud workflow management tool that can be customized to your company’s requirements is daunting. The platform should integrate well with your organizational processes without disrupting your existing workflow. This is where digital workplace applications like InfinCE make the difference.
With InfinCE Digital Workplace, Fingent has improved its productivity by 20% through real-time, effective, and easy collaboration. Data-powered dashboards, dedicated servers, collaboration apps, productivity tools, virtual desktops, private mobile apps, and a host of exceptional business management features enabled us to achieve a significant operational breakthrough in streamlining workflows.
Read the full case study here.
2. Low-code Applications
Gartner estimates that by 2025, 70% of enterprise applications will use low-code or no-code technologies. Digital business transformation requires pushing custom software solutions to the market at lightning speed. This demand has given rise to low-code applications that will break the technological and organizational silos of application development, automation, integration, and governance. Low-code development enables business users to bring innovative ideas to life by just dragging and dropping low-code elements through a graphical user interface.
In simple words, low-code development enables “citizen” developers or non-tech users (such as business analysts or marketers) to build dashboards and survey or contact forms faster. Professional developers, on the other hand, can leverage low-code techniques to perform more efficient tasks such as legacy application modernization or back-end integrations with improved agility and velocity.
Use Cases for Low-code Applications
- Customer engagement applications and portals
- Mission-critical applications such as ERP software, payments manager, etc.
- Data analysis applications, BI dashboards, and data management software
- Mobile apps for customer engagement
- Order processing, inventory, order fulfillment, supply chain, and accounting apps
Salesforce Lightning, Microsoft Power Apps, and Zoho Creator are some of the leading low-code applications today. SAP users can leverage the unified low-code/no-code (LCNC) solutions on SAP Business Technology Platform (BTP) to rapidly build and extend applications, and automate tasks and processes.
3. Robotic Process Automation (RPA)
Robotic Process Automation (RPA), often referred to as software robotics, is an easy-to-use software technology that allows anyone to automate digital tasks within their business processes. RPA allows users to create software robots or “bots” that can learn, emulate, and then execute rules-based business processes. According to Forrester Research, RPA software revenue is expected to reach $6.5 billion by 2025, while RPA-related services revenue could hit $16 billion in the same year.
Potential Use Cases for RPA
We offer free proof of concepts to help you understand how RPA can improve your business efficiency and customer experience. Some of our top use cases include:
- Automating discharge protocols and data management to increase HR productivity in healthcare.
- Daily retail process automation such as order processing, inventory and warehouse management, etc. to save time and resources.
- Reducing customer wait times through RPA-enabled chatbots that answer customer queries in real-time.
- Error-free, automated billing and invoices to keep your financial systems and reports up-to-date.
- HR teams can automate the maintenance of personnel data and records, streamline onboarding, and manage payroll seamlessly.
Download our white paper to learn more about how Robotic Process Automation can simplify your business operations
4. Document Data Extraction
Extracting quality data out of unstructured or poorly structured data sources and documents for further processing, migration, and storing has been a biggest obstacle in automating back office operations. If you are entering structured invoices to a robust ERP tool like SAP, your payments can be automated and system records can be generated automatically. Due to the high costs of data extraction, several businesses extract only critical information fields, for example, the payment field within an invoice. Businesses are compelled to manually extract data from other important fields, such as validating the invoice’s compliance with VAT.
AI-integrated OCR Software for Document Extraction
Optical Character Recognition (OCR) is an affordable, game-changing technology that automatically extracts data from the digital images (photos) of large files, scanned documents, and sub-titles or captions superimposed on an image. It reduces the time spent in manual data entry and extraction by automatically converting typed, handwritten or printed text into machine-readable text. AI-powered automated data extraction tools like DocuSign, Docsumo, Kofax Capture, and Amazon Textract leverage OCR technology to reduce the chaos involved in document data extraction and enable businesses to create an efficient workplace.
Our team helps customize document data extraction software that can save your time and money by eliminating transcription and transposing mistakes.
5. AI Assistants
One of the most common examples of small business automation today is the use of AI-powered virtual assistants. They can save your employees’ productivity by automating the most repeatable customer interactions, such as technical support, appointment scheduling, lead qualification, and order management. AI virtual assistants like Google Assistant and Alexa can understand and act according to your voice commands and customize responses to your queries. Understanding customer intent through natural language processing and recognition allows AI assistants to maintain a human-like conversation.
Chatbots are a popular category of AI assistants that are designed specifically for text-based channels like SMS, email, and live chat. Recent years have witnessed a rise in chatbot adoption among several business verticals, product and service lines, websites, mobile apps, customer portals, and so on. Data shows that 58% of B2B companies and 42% of B2C websites are using chatbots to make their websites and mobile apps more interactive. More than 56% of businesses believe chatbots to be driving digital disruption in their industry.
Case Study: AI Virtual Assistant for HR
Fingent’s HR team was pressed to transform their service delivery model as routine, transactional tasks affected their performance and efficiency. To solve their struggle, Fingent developed MUSA, an AI-powered virtual assistant (a chatbot) and integrated it with Fingent Hub, Fingent’s internal employee management system. MUSA is short for Multi Utility Assistant. Employees can ask MUSA any queries related to HR and IT DevOps processes at Fingent, and they’ll get answered instantly. MUSA has improved our HR team’s response time by minimizing their workload and allowing them to focus on areas requiring more attention.
Read the full case study here.
Business and Technology Are Inseparable
Gartner writes that businesses leading with technology employ advanced tech to boost their customer experience and revenue growth, have a clear understanding of their priorities, goals, and strategies, and invest in solutions tailored to their needs. Technology allows businesses to lower the walls within and between their organizations, customers, providers, suppliers, and so on. Organizations perceiving technology as a key business consideration will be able to match the pace of business change and stay relevant and competitive.
How can your company embrace growth in a new era of transformation and business technology trends? If you feel you’re getting caught in the technology maze, take a quick break to contact us.
Our consultants can simplify your technology adoption strategy based on your priorities, customer needs, financial resources, and technical requirements.
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Despite the rampant economic implications of the COVID-19 pandemic, numerous small and mid-market businesses (SMBs) managed to survive the odds by embracing modern technology. With a cloud-first approach and a partnership-driven ecosystem, several SMBs demonstrated tremendous growth in these extraordinarily challenging times. Americas’ SAP User Group (ASUG) survey observes that most of their mid-market customers expect to grow at a rate of 56% over the next five years. If you’re an ambitious mid-sized business with a large-scale growth plan, it’s time to outgrow your accounting software and adopt a modern ERP platform.
Read more: How Organizations Can Gain a Competitive Edge by Implementing Digital Core ERP
Many small businesses hesitate to invest in intelligent ERPs due to high costs and technical complexities. Platforms like SAP Business ByDesign allow SMBs to oversee their whole business, improve compliance, increase cash flow, and expedite reporting. SAP Business ByDesign is a sophisticated cloud ERP software designed specifically for mid-market users. How does ByD enable your business to build a robust technology foundation and drive growth? Let’s explore this in this blog.
What is SAP Business ByDesign?
SAP Business ByDesign (ByD) is an integrated, on-demand, full-featured, cloud ERP solution that can run your entire business operations on a single platform. ByD is sold and operated as software as a service (SaaS) and is designed specifically for small to mid-sized enterprises as well as subsidiaries of large corporations. SAP Business ByDesign can integrate and manage all your core business processes such as financials, project management, human resources, procurement, customer service, sales, integrated business analytics, and supply chain, among others.
SAP Business ByDesign is built on the standards of service-oriented architecture (SOA). The platform attains integration between business capabilities via message exchanges. Multi-tenancy enabled SAP NetWeaver is the underlying technology stack of ByD. The platform leverages HANA, SAP’s in-memory database.
Read more: SAP HANA – The Game-Changing Technology
SAP ByD Unifies Core Business Functions
SAP Business ByDesign works as an end-to-end business suite that unifies the following core business functions:
1. Financial Management
ByD helps assess your company’s financial position in real-time. You can use the software to administer financial and managerial accounting for multiple operating units, currencies, and reporting paradigms. Using ByD, you can analyze your organization’s customer and supplier transaction data to better understand your cash position.
2. Customer Relationship Management
SAP Business ByDesign allows your business to efficiently manage your sales, marketing, and service processes. Personalized customer data enables marketers to run successful campaigns, improve lead generation and qualification, and expedite handover to sales. The software improves your account management by automating key sales functions, from contact interactions to billing. ByD equips your employees with the right tools and insights to deliver exceptional customer service.
3. Human Resources Management
SAP Business ByDesign simplifies employee onboarding processes. Employees and managers can use the software to access all the relevant information. ByD streamlines time, attendance, labor, and compensation management by centralizing data and self-service processes. Employees can self-manage their timesheets, personal data, and procurement processes. The software lets your payroll integrate with third-party payroll providers for faster processing. ByD also helps automate policy-compliant requests and approvals.
Read more: Choosing Between SAP Business One and SAP Business ByDesign
4. Project Management
SAP Business ByDesign helps manage projects of all sizes and complexities through real-time project collaboration and monitoring. If you’re using Microsoft Teams, you can directly access your ByD application from Teams.
5. Procurement
ByD helps maintain a centralized database to store supplier and product data. You can seamlessly manage multiple vendor contracts and negotiate better prices with real-time information. This saves your cost and time.
6. Supply Chain Management
SAP Business ByDesign streamlines customer and supplier collaboration with improved supply-demand matching. This ensures that the product design meets customer expectations and shortens the time to market. The software helps control your material flows and automates relevant processes across manufacturing, warehousing, and logistics operations. All these lead to better procurement planning.
Business Benefits of SAP Business ByDesign
Digital transformation is the prerequisite for an intelligent enterprise. With its ease of use, insightfulness, and openness, SAP Business ByDesign enables SMBs to drive digital transformation efforts successfully.
Read more: RISE with SAP – How Fingent Can Help Explore Business Transformation as a Service (BTaaS)
Here’s how your business can benefit from SAP ByD:
- Offers built-in analytics to leverage real-time data across all operational areas. This supports intelligent decision-making.
- Anytime, anywhere access via web and mobile helps build an empowered, mobile-connected workforce.
- Scalable technology and quarterly upgrades ensure that your ByD platform is always up-to-date.
- Though designed for small and mid-sized companies, the platform comprises all the features and capabilities utilized by large enterprises.
- A highly configurable business management solution that requires minimal customization.
- One of the most cost-effective ERP solutions that reduces your operational expenses.
- Gain 360-degree visibility of your business, with instant access to reports on enterprise-wide operations.
Case Study: Fingent helped a real estate giant reduce manual work, improve TAT, and increase profitability by integrating multiple role-based mobile apps into their SAP ERP system. Download now!
SAP Business ByDesign Mobile Strategy Updates for 2022
The new SAP Business ByDesign mobile strategy 2022 aims to help customers access more preferred features on their smartphones without any complexity. Currently, SAP Business ByDesign supports five mobile apps – SAP Business ByDesign Mobile, SAP Manager Approvals, SAP Time Recording, SAP Project to Go, and SAP Project Cockpit. SAP will now focus on improving the SAP Business ByDesign Mobile App that integrates all these features onto a single platform. Following are the changes to note:
- Starting from August 2022, customers will be able to access all the ByD features using a single app, that is, SAP Business ByDesign Mobile App. No app swapping will be required anymore.
- From 1st May 2022, users will not be able to download and install SAP Project to Go and SAP Project Cockpit apps from the app stores.
- From 1st August 2022, users will not be able to download and install SAP Manager Approvals and SAP Time Recording from the app stores.
- By removing existing installations from your devices and switching to the Business ByDesign mobile app, you can access all these features using a single app. It accelerates your time-to-market and helps you benefit from streamlined business processes.
Experience Seamless Business Transformation with Our SAP Services
As more businesses switch to remote operations, there is an increasing dependency on mobile devices to ensure business continuity. It’s important for small and mid-sized businesses to focus on building a future-driven business model powered by cloud and connected technology. SAP Business ByDesign enables you to accomplish these goals easily. In SAP’s own words, “Business ByDesign connects every function across your company with proven best practices and in-depth analytics.”
Read more: How SAP ERP Software Implementation Benefits Your Business
Fingent top software development company has the expertise to customize and implement SAP Business ByDesign for all sizes of businesses, across verticals such as professional services, manufacturing, real estate, retail, logistics, and so on. Our cloud ERP implementation services help transform your organization into an intelligent enterprise. We are a Silver Partner of SAP with 18+ years of experience in implementing SAP services and solutions. Our goal is to help you adopt the right technology that solves your business challenges without any complications. Contact us to understand how your business can benefit from SAP Business ByDesign.
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With proven expertise across 25 industries and an end-to-end suite of intelligent enterprise solutions, SAP has triumphantly cemented its position in the enterprise application software market. According to the World Economic Forum, SAP customers constitute 87% of total global commerce. Right from the R/2 commercial mainframe applications designed in the 1970s to the latest SAP S/4 HANA and its enormous suite of intelligent software products, SAP solutions have enhanced the competency of organizations with deep business insights and improved enterprise collaboration. SAP solutions include both technical and functional modules. While SAP ABAP, SAP Basis, SAP Security, SAP Solution Manager, CRM, etc. are technical modules, components such as Material Management (MM), Production Planning (PP), Financial Accounting and Controlling (FICO), etc. are examples of functional modules. All these modules of SAP closely integrate with each other to provide the best functionalities and solutions for businesses.
Read more: 8 ways SAP ERP software implementation helps your business
This post analyzes ABAP, one of the core technical modules of SAP, to understand how the platform enables businesses to run better.
What is SAP ABAP?
Advanced Business Application Programming or SAP ABAP is the principal programming language supported on the SAP NetWeaver ABAP server and the applications that run on it. Typical examples of ABAP-based applications include SAP ERP (previously known as R/3) and the present SAP S/4HANA.
SAP ABAP is the oldest and the most popular of SAP’s four key application platforms, together with SAP NetWeaver Java, SAP HANA, and SAP Cloud Platform. ABAP is used by SAP to deploy its applications on the NetWeaver ABAP platform. It’s different from the universal programming languages like Java because all ABAP programs and compiled code reside only in the SAP system. ABAP is renowned as the proprietary fourth-generation programming language (4GL) of SAP, developed to process massive volumes of data in SAP business applications.
ABAP enables businesses to customize their workflows related to material management, production management, supply chain management, financial accounting, and all other modules of SAP. This helps businesses reduce the time-consuming manual processes involved in data processing, particularly when they have more data to process.
Though some of the popular SAP applications such as SuccessFactors, SAP Ariba, SAP Business One etc. run on other programming languages, the role of ABAP is crucial, especially when these applications integrate with ABAP-based applications such as SAP ERP and SAP S/4HANA. As of 2021, there are five million registered ABAP developers worldwide, which indicates the robustness and credibility of the ABAP foundation for a wide range of SAP business applications.
Read more: SAP for Business-Making SAP support available at your hand
How does SAP ABAP accelerate business transformation?
ABAP was developed by SAP to enhance and expand the functionality of SAP systems. Here’s how ABAP is adding value to SAP users across the globe.
1. Aids mission-critical business processes
Since the 1980s, ABAP technology has been serving as the rock-solid foundation of SAP’s application portfolio. Several mission-critical business functions rely on ABAP for its scalability, robustness, and extensibility. ABAP is the underlying technology that steers SAP’s celebrated platforms and flagship suites such as SAP S/4HANA, SAP ERP (R3), and the next-generation data warehouse – SAP BW4/HANA. Thus, ABAP helps monitor and improve strategic business measures.
2. Enables customization of SAP business applications
Due to its availability as an independent platform, ABAP is primarily used to develop cutting-edge, bespoke SAP business applications. Custom ABAP development allows users to configure and tailor SAP modules based on their business requirements. Since the initial days of ABAP, SAP customers and partners have established a tradition of creating custom codes and add-ons that function effectively on the ABAP platform.
3. A holistic development platform
ABAP combines the innovative capabilities of SAP HANA (SAP’s in-memory database), the power and consistency of the ABAP server, and the digital UX potential of SAP Fiori (SAP’s UI technology). All these features make it a holistic development and runtime platform. Continuous developments by SAP make ABAP capable of addressing new business scenarios.
4. Reduces the development cost
ABAP offers a centralized, shared, and integrated development environment that allows multiple developers to work on the same development objects simultaneously. Hence, it’s easy to track the changes to development objects and push them to QA or production environments, without losing version control. The integrated, self-compiling nature of ABAP helps reduce the development cost.
5. Offers excellent development environment and tools
The key highlight of ABAP Platform 2021 (the underlying technology of SAP S/4HANA), is the ABAP Development Tools (ADT) that support the entire development lifecycle in Eclipse IDE. It improves the efficiency of developers and offers enhanced SAP HANA capabilities. ABAP Platform 2021 facilitates the seamless transformation of your existing SAP business suite to SAP S/4HANA (cloud or on-premise) and SAP BTP (Business Technology Platform).
6. Improved focus on user experience
ABAP RESTful Application Programming Model promotes the development of SAP HANA-optimized Web APIs, SAP UI5, and Fiori applications. ABAP development tools support browser-based, device-responsive, and role-based development of application functions. It enables users to switch to different devices and collaborate effortlessly.
Read more: Top 3 UI offerings from SAP: Fiori, Screen Personas, and Lumira
7. Extensible to the cloud
ABAP Platform 2021 has been improvised to create customized extensions in the cloud. The growing number of SAP customers who’re adopting SAP S/4HANA Cloud will benefit from ABAP’s tailored extensibility. The users will get access to more innovative features developed by SAP and can keep their software up-to-date with regular patches and upgrades.
8. Change and transport management
ABAP offers comprehensive change and transport management for the development projects organized in the ABAP Workbench and also helps in customizing those projects. It also facilitates to transport the changes between the SAP systems in your environment.
How can Fingent help your businesses unlock the potential of SAP ABAP?
ABAP is primarily a developer-friendly language. However, associating with the right SAP partner can help even the non-technical SAP users to master the technology. We’ve helped several businesses in identifying, customizing, implementing, and maintaining ABAP within their SAP systems. As a Silver Partner of SAP, we help customers cut their development efforts and costs, reduce technical complexities, and bridge skill gaps. Our SAP application development practice enables businesses and aces IT professionals to collaborate effectively and deliver cutting-edge enterprise applications across any platform, device, and tech stack in the shortest span.
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The pandemic put business challenges on an amplifier and made it look insurmountable. Here we all are though, crossing that barrier and making things work. Some challenges persist though. One area is the acceleration of the remote working scenario. Besides, sectors like manufacturing and Life Science have the challenge of accomplishing more tasks efficiently in less time.
This intimidating scenario drives the need for an intelligent enterprise. That’s exactly what SAP Business Technology Platform (BTP) empowers enterprises in all sectors. But what is SAP BTP?
This article describes what SAP BTP is. It also explains all that you must know about SAP BTP and how you can leverage it to grow your business and remain resilient.
Read more: It’s time to transform your business for the new digital age: Rise with SAP!
What is SAP BTP?
SAP BTP is an open platform as a service. It can integrate SAP and third-party applications and extend application capabilities. It can empower an organization to exploit data to solve its business problems.
SAP BTP can provide in-memory capabilities, core platform services, and unique microservices. It can help develop the exact application needed quickly, easily, and economically. All this without investing in local infrastructure.
It is a business-oriented technology platform for your SAP and third-party applications. It can unlock value and drive growth for its clients. SAP BTP unifies a plethora of technology stacks.
SAP BTP covers a wide range of functionalities. These range from document management to globalization, to blockchain and ML. Organizations can leverage SAP BTP services to automate business processes, manage decision logic. It also allows them to gain end-to-end process visibility.
But what is SAP BTP made of?
SAP BTP consists of four building blocks:
- Database and data management: This includes SAP HANA and SAP HANA cloud.
- Analytics: Including SAP Data Warehouse Cloud, SAC, and Business Objects BI.
- Application Development and Integration: Includes SAP Integration and Extension suites and SAP Process Orchestration.
- Intelligent Technologies: Including AI, ML, and IoT.
How Is SAP BTP Revolutionizing Business Operations?
SAP BTP can be used to build and extend SAP applications quickly. Here are the top three scenarios:
1. Integration
Most organizations prefer best-of-breed applications. With the journey to the cloud, the system landscapes are increasingly complex and business processes remain disconnected.
Today, most businesses have processes spanning from on-premise to cloud, and across multiple vendors. Plus, to complicate matters, some organizations continue to support their legacy applications along with various platforms and open-source technologies. SAP BTP allows seamless integration by simplifying development and quickening deployment.
Read more: Improve business planning with SAP Analytics Cloud!
These complex environments can only be managed with proper integration. While the value of these landscapes is decreasing, the complexity and cost of such integration are increasing.
SAP BTP can help organizations to refine and enhance their business operations along the entire value chain. It can do this by connecting applications, data, and experiences across SAP and beyond.
SAP Integration Suite uses a set of connectors and APIs to securely connect and integrate business processes. This can accelerate an organization’s time to value in a secure, sustainable, repeatable, and cloud-centric capability.
2. Data management
Today, we live in the age of data. But most organizations fail to get value from it. They gather the data and store it in disparate mediums. This only leads to a disrupted flow of information.
Your business success depends on how you analyze your data and what you do with the results. SAP BTP allows you to transform your data into value quickly and efficiently.
Data management is all about creating value from the data. If a business wants to exceed in today’s global economy, it must act on real-time business data. However, both the structured and unstructured data volumes create challenges for organizations.
Instead of accelerating digital transformation, data has become the anchor that is holding businesses in the old way of working. This has led to data swamps putting them in a worse position than they were ten years ago.
SAP BTP solutions are designed to provide flexible and user-first data management. It allows organizations to discover, connect, orchestrate data with internal and external data flows. This enables business leaders to access near real-time data and drive insight and value back into their businesses.
3. Extensibility
Businesses must continue to innovate rapidly if they want to stay relevant. During the pandemic, most businesses had to innovate their business models to adapt to changed circumstances such as local lockdowns and shortage of distribution chains.
As new businesses emerged with their reduced innovation cycles, they posed a serious threat to established businesses. Organizations must thus be empowered to build, extend, and enhance their application landscape so they can stay relevant while rapidly realizing new opportunities.
SAP Extension Suite allows organizations to access prebuilt extensions through an integrated digital marketplace. SAP BTP empowers businesses to speed up integration, find real business value from data, and extend SAP landscapes to innovate.
For example, let’s discuss the SAP Workflow Service. The SAP Workflow Service is part of the SAP BTP portfolio. This service allows businesses to extend their business processes. These extensions allow organizations to adopt business process changes quickly and in a non-disruptive way.
It provides unique monitoring applications that help monitor deployed workflows and their instances. Additionally, it also allows REST APIs to read, create, modify, or cancel workflow and task instances.
Integrating SAP Workflow Management with SAP Conversational AI allows organizations to leverage digital support for their workflows, process cycle times, recommendations. Plus, it allows them to reconcile both structured and unstructured workflows.
This can increase the level of automation enabling businesses to better manage overall complexity, reduce manual effort, and associated errors.
Read more:Top 7 benefits of adopting SAP Intelligent Robotic Process Automation
How can Fingent help leverage SAP BTP being SAP Silver Partner?
As SAP Silver partner, Fingent can apply design thinking and agile methods to develop industry apps on SAP BTP. We can help deliver innovative solutions with speed and agility.
When we combine our expertise at Fingent with SAP BTP, we can leverage disruptive technologies such as AI and predictive analytics and innovate across industries and business functions. This can help our clients extend capabilities, integrate intelligent technologies, generate actionable insights, and amplify results.
We can help our clients gain the flexibility of public or private cloud infrastructure to create an intelligent enterprise experience. Along with SAP BTP, Fingent can help your intelligent enterprise take a big step forward. Give us a call and let’s discuss how best we can help you.
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Which transformation path aligns with your business objectives? This is a critical question to ask when designing your business transformation journey. This makes it vital to take the time to know all the available options. It is also important to consider all aspects of each option and their implications before you embark on your business transformation. This blog will explain all you need to know about the new SAP S/4HANA Cloud 2111 release. It will also describe how SAP S/4HANA Cloud 2111 helps in solving business issues.
What is SAP S/4 HANA Cloud?
SAP S/4 HANA Cloud is an intelligent Enterprise Resource Planning (ERP) system. It has built-in intelligent technologies like ML, AI, advanced analytics.
It helps organizations smoothen their business transformation by assisting them in adopting new business models and managing business change at speed. Also, it can orchestrate internal and external resources while using the predictive power of AI.
SAP S/4 HANA Cloud can empower businesses to consistently outperform with instant intelligence and actionable insights. It can be implemented quickly and reduce support costs.
Now that we know what SAP S/4 HANA Cloud is, let’s understand what is the difference between the old SAP S/4 HANA Cloud version and the new version.
Read more: SAP S/4 HANA: Transforming CFO’s into a Business Value Creator and Role Model
Difference Between the Earlier SAP S/4 HANA Cloud Version And The New 2111 Version
Many think that SAP S/4 HANA Cloud 2111 builds on the earlier version. In fact, the latest version exceeds the earlier version. It has increased flexibility in the consolidation process. This means users can now create additional customer individual consolidation unit attributes. These help in defining validation rules.
SAP S/4 HANA Cloud 2111 comes with enhanced core consolidation rules. These include more flexibility in source and destination rules. Companies can now benefit from an improved ‘import consolidation master data’ app. This new feature helps users gain time and makes maintenance easier.
Along with many other enhanced features, SAP S/4 HANA Cloud 2111 now provides enhanced movement flow management. This means that SAP customers can have full control over the ‘default subitem’ field allowing them to edit and assign default subitems.
How Can Your Industry Leverage The New SAP S/4HANA Cloud 2111?
SAP S/4 HANA Cloud 2111 brings many exciting innovations to various industries. Here are some examples:
1. Manufacturing
The newer version has revised the SAP Fiori app. The ‘Maintain Tim-Dependent Stock Levels’ option is specifically designed for the manufacturing industry. It allows its users to display, create, and update time-dependent stock levels for specific materials.
Manufacturers can define safety stock levels based on validity intervals. This enables them to react to varying demands dynamically. By ensuring sufficient stocking of products at all times, users can reduce deficiency risk.
2. Supply chain management
To support supply chain management SAP Fiori app is enabled to support split valuations in the goods-receipt process. This allows users to create their own global valuation types.
3. Service companies
SAP S/4 HANA Cloud 2111 has enhanced service order planning based on spare part reservations. This enables customer service managers to gain better insights into stock availability and to ensure that planned quantities of spare parts are always at hand. Such accurate service order planning ensures on-time delivery.
4. Finance
SAP S/4 HANA Cloud 2111 provides SAP Fiori apps in ‘collections and dispute management.’ This modernized process offers extensibility options that help the app deliver a seamless user experience.
These new apps improve the process of collecting receivables and handling dispute cases. Along with several other features, it provides in-depth data insights to its users.
Read more: 6 Capabilities of SAP S/4HANA That Will Help You Become An Intelligent Enterprise
4 Top Challenges SAP S/4 HANA Cloud 2111 Helps Resolve
1. Project management
The latest release SAP S/4HANA Cloud 2111 allows project managers to plan, trigger and monitor materials or services enabling them to ensure on-time delivery.
Here is how it helps resolve challenges in project management:
- Date alignment is accelerated by reducing manual efforts leading to more accurate planning of project demands.
- Purchase contract for specific demand.
- Automatic demand blocking prevents requesting for unrequired demands.
- It provides a comparison chart for improved monitoring.
2. Sales
SAP Self-Billing Cockpit allows users to receive and process self-billing messages, edit messages, and receive multiple order reasons and condition types in case of errors or differences. This latest feature offers a central entry and overview page to its users, leading to a more efficient sales process.
3. Product compliance
Monitoring of substance volumes will help users to comply with chemical regulations. It is integrated with the logistic processes of purchasing and manufacturing.
Substance Volumes Tracking feature enables users to identify possible risk factors. It can track, calculate, monitor volumes for substances either imported or produced within the country.
This will help users to define legal entities and map production plants. Thus, it increases transparency by directly linking the aggregated substance volumes to the original logistic documents.
4. Asset management
SAP S/4HANA Cloud 2111 introduces four process phases:
- Reactive maintenance
- Proactive maintenance
- Improvement maintenance
- Operational and overhead maintenance
Process phases help in creating specific maintenance requests for technical objects like functional locations or a piece of specific equipment.
These requests allow users to store relevant information that will help the employees to identify and solve any problems that might occur. Such simplified work requests for maintenance reduce the unnecessary effort for logging maintenance issues.
Read more: How Fingent Helps CFOs Gain New Insights and Reliably Enable Key Decisions
How Does Fingent Smoothen Your Transit To SAP S/4HANA Cloud 2111?
SAP S/4HANA Cloud 2111 can empower your business to stay relevant and competitive. Fingent is a leading SAP Silver partner. To be classified as an SAP silver partner there are certain rigorous criteria that a company must meet around SAP certification and dedicated SAP resources.
We offer a broad range of services under the umbrella of SAP. This includes business consultation, implementation, and post-implementation services and support.
Take a look at our Case Studies to see how we have implemented various aspects of SAP for our clients.
We work with our customers from pre-planning through to project execution and application support. We assure you that you will receive the best possible care in the long term. Give us a call and let’s discuss your project.
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Low code/No code is becoming a fierce upcoming contender in today’s digital landscape. For one, its unique capabilities enable collaboration between business stakeholders and IT teams. And it allows for an unprecedented speed of innovation.
Before the pandemic, companies looked to a Low code/No code platform for its unique benefits. Today though, the COVID-19 pandemic has amplified the importance of low code in remote development.
This article will explain what is Low code/No code development with SAP BTP, and will also discuss how it is changing the future of enterprise resilience.
Read more: Rise with SAP – How Fingent Can Help Explore Business Transformation as a Service (BTaaS)
What is Low Code/No Code Development with SAP BTP
Studies confirm the that market landscape for Low code/No code development technologies will remain on a strong trajectory into the future. We can be confident that more organizations will turn to low code platforms to support innovation and digital transformation.
Low code/No code is a software development approach. It enables the delivery of applications faster with little or no coding. Low code/No code platforms are a collection of tools. They enable the visual development of applications via modeling and graphical interface instead of extensive coding languages.
The term “Low code/No code” is a modern alternative for RAD tools (Rapid Application Development). Today, Low code/No code is especially advantageous for enterprises that are looking for ways to streamline all organizational operations such as procurement, production scheduling, customer data, and order processing without the complication of hand-coding.
These tools empower developers to speed up the process of getting an application to production. All without hand coding! These platforms are a fast and easy alternative to traditional software development. Both professional and non-professional developers (citizen developers) can use Low code/No code platforms to develop apps of varying complexities.
Low code/No code development with SAP BTP (Business Technology Platform) empowers non-IT professionals to develop and launch apps with little or no input from IT. This reduces the IT talent gap. It enables transformation in the development and expansion of organizational capabilities.
Low code/No code platforms are built on Platform-as-a-Service cloud environments. This means it employs visual programming interfaces to solve business problems faster. The best part of it is that it does not require deep technical knowledge as it has a simple drag and drop interface.
However, Low code/No code is not just about the user interface. SAP considered this fact while shaping a part of the SAP BTP strategy. Developers and business experts are no longer limited as they are now empowered with integrated Low code/No code automation tools such as SAP Intelligent Robotic Process Automation SAP Business Application studio and more. These tools enable developers to build Intelligent Enterprises.
Read more: A Complete Guide On Software Product Development Stages And Life Cycle
How Low Code/No Code Is Turning The Future Of Enterprise Resilience
The COVID-19 pandemic has propelled the adoption of digital technologies. The goal of these technologies is to allocate human resources wisely to empower the end-user. Low code/No code is faster and more efficient. It frees up professional developers’ or citizen developers’ time for more complex activities.
Most importantly, Low code/No code builds systemic resiliency and responsiveness into the daily functioning of an enterprise. As enterprises aim to become more future-proof, they see Low code/No code as an immediate and effective opportunity.
According to Gartner’s prediction, by the end of 2025, half of all new Low code clients will come from business buyers that are outside IT organizations. Commenting on pricing, Mr. Biscotti said, “Low code capabilities that support remote work function, such as digital forms and workflow automation, will be offered with more elastic pricing since they will be required to keep the lights running.” Given the benefits and the affordability, the Low code/No code market will see commensurate growth.
How does SAP’s Low code development become the future of enterprise resilience? Please consider the following:
1. SAP offers the necessary sophistication to address complex business processes
SAP users often manage processes that involve a large number of applications linked to a single business process. Plus, a business may need an app that can handle complex tasks such as creating work orders offline for field crews. Low code/No code with SAP gives developers the ability to extend their functionality and solve any business problems.
2. Helps in streamlining work and allow employees to work more efficiently
Low code/No code development with SAP is much easier. Hence, it allows developers to manage repetitive tasks and focus on complex activities. Also, it enables them to focus on best practices across their organization to optimize processes and innovate. Thus, it streamlines work, allowing employees to work more efficiently regardless of their location.
3. SAP Low code reduces technical debt
Most organizations that are adopting digital transformation are discovering that they have large amounts of technical debt. This stands in the way of modernization and optimal user experience. Unfortunately, in some cases, the cost of legacy code exceeds its value-creating a debt.
On the other hand, Low code/No code platforms are designed to avoid technical debt. SAP Low code platform enables your team to discover customizations, estimate the cost of modernizing them and then transform them into custom objects on the Low code/No code platform. Furthermore, the right Low code/No code platform will make it simpler to maintain and simplify future upgrades and migrations.
Read more: Answering the Critical Questions Asked by Business Leaders Today on Digital Transformation!
4. SAP Low code can help your business scale
One of the most important aspects of resilience is the ability to scale as needed. While it is true that hand-coding development will lock in and not allow your business to scale, it isn’t so with SAP Low code.
Because Low code/No code development solutions use open-source standards, they allow you to export your raw source code and adapt it as required. Additionally, cloud-based platforms provide virtually unlimited scalability.
Look To A Resilient Future With Low Code/No Code
SAP BTP is in a unique position to assist many organizations to implement digital transformation. It can help businesses achieve significant productivity gains and improve forecast planning. Looking to the future, the digital landscape is changing.
Enterprises must continue to evolve on their mission for greater speed and agility. SAP Low code/No code platform creates a unified, business-centric, open platform for an Intelligent Enterprise. You can count on SAP for future-proofed resilience. As an SAP Silver partner, Fingent is uniquely positioned to open up all the benefits of its features in a way that is tailored for your business. Give us a call and let’s get talking.
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“By failing to prepare, you are preparing to fail.” – Benjamin Franklin
Profound words that underline the importance of business planning. Business planning is the right strategy to ensure business productivity. With business getting more complex and planning tools filling up shelves, enterprises need a more straightforward way to manage business plans and improve sales. Only a few of the many products available have a holistic end-to-end approach to information analytics services.
SAP Analytics Cloud is a distinct analytics tool. It integrates analytics throughout the business process and across every level of an organization. It is an impeccable and compatible solution for enterprises that are involved in sectors like manufacturing, finance, and sales. This is an effective cloud-based tool that can analyze the data irrespective of the size of your firm. Plus, it allows you to transform this data into charts, tables, graphs, and more.
This article will help you determine how SAP Analytics Cloud enables enterprises to improve business planning. Read on to check out the features that will let you boost your business and help you stay competitive.
Top Two Features Of SAP Analytics Cloud For Effective Enterprise Planning
SAP Analytics Cloud is the first and the only tool in business intelligence that caters to all aspects of the business. It assists you in organizing and managing your data visualization, business planning, and predictive analysis.
Here are the SAP Analytics Cloud core planning features:
1. Augmented Analytics
Augmented analytics capabilities can help existing AI-powered analytics to offer business insights in real-time. You can add these capabilities to business planning and workflows. This contains an enhanced ‘Search to Insight’ capability allowing users to ask questions about data in natural language. Further, it can automate insights that include values and simulations.
The ‘Smart Predict’ feature can help train models to predict future outcomes without manual intervention. This enhances user experience allowing business analysts to predict future outcomes more accurately and automate decisions, preventing time lapse. Ultimately, SAP Analytics Cloud smoothens the process and improves business management.
Read more: SAP Analytics Cloud: Creating Dynamic Visual Stories
2. Enterprise planning
Collaborative enterprise planning ensures one version of the truth across the enterprise. Thus, it brings users together to align with the plan leading to better business outcomes.
The zero-based budgeting feature helps allocation of resources efficiently. The embedded collaboration tools ensure that every member of the finance team is aware of relevant information while they discuss finance issues. Plus, all the relevant budget templates are recorded and saved for the quick action and enhanced productivity.
SAP Analytics Cloud allows its users to analyze, plan and predict at one location. This can speed up planning cycles and help make informed decisions. Built-in features such as financial modeling, automated reporting enable enterprises to make better end-to-end planning decisions.
Planning and consolidation applications allow businesses to connect complex planning processes to the cloud. Thus, enterprises can create business plans and adjust them within the SAP Analytics Cloud. This allows enterprises to extend and align their plans across the organization leading to better outcomes.
Read more: Business Intelligence in SAP: How It Helps You Become a Data-driven Organization
Features That Improve Agility In The Enterprise Planning
1. Data and data visualization
Data visualization represents your entire business process. It is this important to find all the possible ways of viewing and understanding the data at a glance. This is where SAP Analytics Cloud can help. It can help make your data highly visible. These analytics offer quick answers to critical questions that can improve your business decisions.
Businesses need to gather enormous amounts of data each day from all their departments and other sources in sales. The next challenge is storing all this data in a secure place. SAP Analytics Cloud is the perfect place to store your data as it is most secure and easily accessible to all relevant people in your organization.
Read more: 7 Crucial Business Challenges Solved by SAP Analytics Cloud
2. Models
You do not need technical expertise to create a model from unrelated data sets of your company. It is quite similar to adding data to a story. Depending on the type of data, your models can either be simple or complex.
In any case, models help you organize present your data so that you can gain insights into your business. The models in SAP Analytics Cloud organize and present the data in rows and columns. This offers a unique, clear view of your data that is ready for analysis.
3. Stories
Stories occur in two phases: data view and pages. These two capabilities can enable you to gather data and connect it to create a model. This model is refined when you add data to make a story. These stories can empower you to make quality decisions for the success of your business.
What Are The Benefits Of SAP Analytics Cloud?
SAP Analytics Cloud offers many benefits for enterprises that are on the SAP. Here are a few:
1. Access data on the fly
SAP Analytics Cloud can be integrated to work both on Android and iOS devices alike. It allows your users to manage all their business activities even on a small screen from anywhere, at any time.
In today’s fast-moving world, your finance team needs the ability to create viable forecasts at a moment’s notice. Using SAP Analytics Cloud will enable your business process to remain proactive, not reactive.
2. Real-time insights
SAP Analytics Cloud functionalities allow all relevant users to generate instant insights to enhance decision-making and improve business outcomes.
3. No more silos
SAP Analytics Cloud allows for integrated planning across your organization. This means you can rest assured that all those involved in the decision-making process have the whole picture, not just a small part.
4. Customized dashboard
Enterprises are always on the lookout to improve data visualization, which helps in having a better interface for successful operations. Thankfully, SAP Analytics Cloud allows its users to customize their dashboards to help them navigate through the system and offer a personalized look. This way, business owners have relevant data on their interface just the way they like it.
5. Increased efficiency
SAP Analytics Cloud facilitates easy collaboration across your organization. This allows for quicker approvals, contributions, and comments. Plus, automation and ML helps in creating plans that are more productive, leading to faster results.
6. Minimize errors
Integrating SAP Analytics Cloud with SAP S/4HANA will allow the enterprises to minimize or eliminate errors that occur while making changes on multiple files on the cloud. You can make changes without manual intervention in the source system.
Read more: SAP S/4HANA Journey: 8 Ways C-level Leaders & Executives Can Derive Business Value
Power Charge Your Business
SAP Analytics Cloud is unique. It offers businesses real-time data to manage their resources effectively. Their tools keep getting newer updates to make it more reliable. As an SAP Silver Partner, Fingent has the expertise necessary to help you make the best use of this power-packed tool. Let us discuss your business and see how SAP Analytics Cloud can help you. Call us.
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In the current circumstances where industries are experiencing periods of intense change, organizations need a new paradigm. They need a product that must be capable of reframing the problems which were addressed by previous solutions or that targets a new set of problems. They also need a partner who can effectively deploy the solution and provide assistance whenever there is a need. SAP created a solution that addresses a set of existing problems through the method of reframing them, thereby presenting a novel way of addressing these issues in the form of BTaaS-Rise with SAP. Rise with SAP helps enterprises gain digital efficiency and flexibility.
Do you feel this pathway to intelligence is formidable and elusive? If so, rest assured that we, at Fingent, understand the challenge you face. This blog will help you understand what the benefits of the initiative are, how we approach it, and how we can help you deploy these services.
What is BTaaS-Rise with SAP
BTaaS (Business Transformation as a service) Rise with SAP is a suite of services and products. It is designed to accelerate the transformation into creating an intelligent enterprise. It is a direct response to the challenges in the steady acceleration of change in all areas of business.
As BTaaS, Rise with SAP can help businesses remain resilient and adapt to digital transformation quickly despite cutthroat competition in their respective industries. It offers these five components to build an Intelligent Enterprise:
- Technical Migration tools and services
- S/4 HANA cloud
- SAP business technology platform
- Business process intelligence
- SAP business network starter pack
Read more: Ensure Business Continuity with SAP S/4HANA Selective Data Transition Approach
How Can Your Business Benefit from Rise with SAP?
Rise with SAP allows you to be in control. You can choose where to begin your journey and you can design a suitable strategy that fits your business.
Let us now examine the twofold benefit of Rise with SAP:
Value from differentiating business capabilities and outcomes
This value has a significant impact on shareholder returns. This impact ensures long-term sustainability with purpose. Here are the top three benefits for your business:
- Top line: This includes your strategy, employees, and your products. You can improve your top line by innovating and establishing new revenue streams and business processes.
- Bottom line: You can improve operational efficiencies by eliminating repetitive tasks. You can save time and resources by allowing intelligent ERP to function as a co-pilot providing you with suggestions based on business process patterns and employee behavior.
- Green line: Rise with SAP will help you understand, monitor, and optimize environmental and social impact throughout the value chain. This will help minimize wastage, improve safety, build supplier compliance, and attain resiliency.
Value-driven from cloud delivery capabilities
This is essentially the incremental value. It allows enterprises to maximize value, minimize transformation risk, and reduce cost to the extent possible. Explore the top three benefits for your business:
- Facilitates process excellence: Using process discovery reports, migration tools, and services and other capabilities your enterprise becomes transformation ready.
- Improved service experience: Rise with SAP is a Business Transformation as a service; a simpler support model. Thus, you have the benefit of an improved service experience.
- Operational resiliency: You can hyperscale infrastructure with inbuilt full-stack security.
- Lower TCO: It allows you to use flexible user-based subscriptions and leverage hyperscale economics to lower TCO.
But what do you need to gain these capabilities? Well, you need these three things:
- Technology that can support your company processes
- A cloud provider
- A capable and efficient partner who can help you take greater advantage of Rise with SAP
Read more: It’s Time To Transform Your Business For The New Digital Age – Rise With SAP
Role Of Fingent in Leveraging These Services
Fingent is geared to work with enterprises under the framework of Rise with SAP. As SAP’s Silver Partner, we have a credible background in helping enterprises uncover business inefficiencies and redesign their processes to fit their needs. With deep domain expertise, we help them align and achieve organizational goals at optimal costs.
We understand the difficulties some organizations face in making decisions with regard to business transformation. Our program is designed precisely for such organizations. As a trusted Silver Partner, Fingent is here to guide you through every step of this exercise.
We start by developing a deep understanding of your business and your objectives. We then use our expertise in SAP to devise a strategy for a comprehensive business transformation strategy. As a seasoned SAP Silver Partner, Fingent combines its expertise with a deep understanding of user experience to maximize your operational efficiency.
Our approach can analyze complexities around your business processes and adopt a user-first approach. This can drive a successful implementation of Rise with SAP that leads to increased user adoption.
As suggested by Rise with SAP program, our engagement starts with a process and system audit. This will form the backbone for subsequent phases of the transformation process. Fingent top software development company will be with you at every step. We work with your business leadership, key stakeholders. We involve key influences to ensure the successful completion of your business transformation.
Read more: How Fingent Helps CFOs Gain New Insights and Reliably Enable Key Decisions
We Can Help Your Business RISE!
Rise with SAP is another possibility for us to empower clients with the help of the SAP portfolio. In close coordination with SAP, we create tailor-made solutions that increase the value of this initiative for you.
To do this, we combine SAP capabilities with products and services that we have developed ourselves to individualize for your specific needs. This is how we at Fingent ensure that you receive a truly customized solution – one that addresses specific challenges in your specific environment. This will generate the best possible value for your business.
You can rely on us as your sole contractual partner and thus avoid needless complexities. We offer everything from advisory services to application management. All this can be done at your own pace, with your budget, and according to your business needs.
We can smoothen the path of transformation for our existing customers. For our new customers, we can leverage the full potential of Rise with SAP and customize it for your advantage.
Talk to our experts at Fingent and together we will find ways to make the best out of Rise with SAP for you!
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The greatest business challenge of our time is the steady acceleration of change in all areas of trade. The pandemic has only accelerated these digital shifts. Transforming your business is necessary to stay relevant and competitive. The scale of digital challenges can be daunting to businesses. Understandably, some businesses may feel lost in the current digital maze. But, to stay agile and competitive, business leaders must strategically transform their business. Early this year, SAP announced a new service called “Rise with SAP.” This blog attempts to clarify what is included in Rise with SAP and how it can transform your business.
What is “Rise with SAP”?
Rise with SAP is a BTaaS (Business Transformation as a Service). The objective of this product is to accompany and accelerate business transformation step by step.
Rise with SAP is a single subscription contract. It provides access to a variety of tools and services that focus on assisting with your business transformation efforts. It is a new way to redesign processes for better business outcomes.
Rise with SAP can help your company to adapt business processes on your timeline and your terms. It helps them continuously unlock new ways of running businesses to stay ahead of the competition. It can speed up the otherwise sluggish adoption of SAP S/4HANA.
Read more: SAP S/4HANA: Redefining End-To-End Solution
How Is “Rise With SAP” Transforming Businesses?
Rise with SAP can holistically transform your business with a fast time to value, regardless of your starting point. Rise with SAP is like a moving company that provides a checklist, packers, containers, and services like replacing old appliances and installing new ones. It provides a blueprint that a company can implement on its own terms and at its own pace. What is the benefit? One contract and one responsible party for all services. It simplifies your journey in four simple steps.
Step 1: A business model redesign
This step helps businesses redesign and optimize business processes and implement the best practices in their verticals. In other words, it is a way to analyze how your business processes perform and obtain tailored recommendations.
A successful digital transformation project requires IT and business leaders to work together. This is why this analysis motivates all in your business to adapt to new business models.
Step 2: Alignment with customer journey
This is the key element of Rise with SAP. SAP realizes that each organization requires a unique path forward. Here are four starting points for digital transformation:
- Digitally grown startups and other innovators that need to scale with speed
- Companies that began their journey into the new world of modular ERP cloud applications are now ready to go further
- Organizations that have started digital transformation at the outer edges, now need to focus on their core
- Companies with a long heritage and history with a complex on-premises system
Realizing the fact that each of these starting points requires a unique path, Rise with SAP provides a highly customizable, subscription-based model.
Step 3: A technical migration
Rise with SAP includes technical services that ensure painless migration to a standard, modular, and flexible landscape. Such a flexible landscape with a consistent data layer enables businesses to react faster to ever-changing business demands.
This includes essential services from SAP and their partners. These services help eliminate modifications and custom code. Besides, it aids in harmonizing and governing a company’s data layer. Such accurate data will help businesses make informed decisions and strategize their business processes for greater advantage.
Step 4: Build an intelligent enterprise
Each company’s roadmap to success may vary but the destination is to become a digitized and intelligent enterprise. Quickly adopting S/4HANA is the key to reach that destination. To that end, Rise with SAP offers a powerful solution to get there by eliminating roadblocks and enabling its customers on their journey.
SAP believes that their customers can realize the value of their investment with up to a 20% reduction in TCO over five years as compared to a traditional ERP deployment. Definitely worth looking into, wouldn’t you say?
Read more: SAP for Business: 9 Ways to Maximize Business Performance
Components of Rise with SAP
An ideal business transformation process requires a selection of coordinated components. Rise with SAP consists of five such components that serve as the basis for transformation.
- Business process intelligence: It helps in understanding, visualizing, and transforming your processes.
- SAP Business Network “starter pack”: The intelligent enterprise “starter pack” includes SAP Business Technology Platform. This platform provides a single semantic layer across your organization. It serves as the basis for business transformation.
- Cloud credits: The “starter pack” also includes an ERP system with built-in intelligent technologies. This enables your business to transform with intelligent automation. Plus, the starter pack also provides credits for accessing SAP Business Network. This allows companies to better manage their supply chains and react quickly to market changes.
- Embedded tools and services: Ensure pain-free business migration to the SAP S/4HANA Cloud.
- SAP S/4HANA Cloud: Rise with SAP provides access to the company’s modular cloud ERP solution.
How Can Fingent Help Leverage These Benefits?
Rise with SAP provides access to a comprehensive bundle that can help streamline your business transformation. However, for successful implementation, you will also need an experienced partner that can provide advisory, implementation, or application management services.
Here is where Fingent top software development company can help you. As an SAP Silver partner, Fingent has acquired a wealth of experience to provide you with a structured set of services that complement Rise with SAP.
1. Advisory services
Before you embark on business transformation, you need to assess several aspects. These include trends in your industry, assessment of your business, your existing technology environment, and opportunities for future business growth. Working with an experienced partner such as Fingent can make all the difference. Our strategies can eliminate obstacles to unlock new business value.
2. Implementation services
As an SAP Silver partner, Fingent can provide a range of implementation services. We can tailor implementation strategies to help you achieve your business objectives quickly and efficiently.
3. Application management services
Fingent offers a full set of solutions that move beyond tactical efficiency gains. We provide flexibility and the latest strategic capabilities that smoothen business transformation and innovation.
Read more: How Fingent Enables e-Invoicing for SAP Users to Stay Compliant with GST India Regulations
Over to You
Rise with SAP is likely to galvanize the market to be the most cost-effective way to move to SAP S/4HANA. It will help overcome many hurdles that SAP ERP customers are facing. Give us a call today and let’s get talking on how to get you on to this new dynamic tool asap.