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!

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

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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    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

      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

      SAP S/4HANA

       

      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

      SAP S/4HANA

      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

      CFO

      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.

      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

          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)

          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!

          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.

          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

              “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

              SAP Analytics Cloud

              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

              Business Intelligence in SAP

              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

              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

              SAP S/4HANA

              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.

              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

                  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:

                  1. Technical Migration tools and services
                  2. S/4 HANA cloud
                  3. SAP business technology platform
                  4. Business process intelligence
                  5. 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:

                  1. Technology that can support your company processes
                  2. A cloud provider
                  3. 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

                  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 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

                  CFO

                  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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                    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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                      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

                      SAP S/4 HANA

                      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 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.

                      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

                          All You Need to Know About Enterprise Resource Planning Software (ERP) Software

                          ERP software is used to manage many business functions. In the past, only large organizations considered using Enterprise Resource Planning software (ERP). But, with the rise of cloud technology, these solutions have become affordable to small businesses as well.

                          As a result, 96% of best-in-class growing businesses have implemented ERP software solutions.  This percentage is impressive! Yet, some may find it difficult to understand why they need ERP software now and what are the key features they must consider. This article will help you understand all you need to know about Enterprise Resource Planning software.

                          Read more: How Organizations can Gain a Competitive Edge by Implementing Digital Core ERP

                          What Is ERP Software?

                          ERP software is a suite of applications that are built to manage and integrate day-to-day business activities.  These activities include procurement, production, project, human resource, finances, and so on. It provides accurate and real-time data that help stakeholders make informed decisions.

                          Enterprise Resource Planning software helps businesses to keep track of manufacturing and distribution processes. It eliminates duplicate data and provides data integrity. Typically, ERP software enables the business processes to achieve all that their business code requires.

                          Among the 96% of businesses discussed in the onset, Enterprise Resource Planning software is used by various industries such as education, wholesale and retail, food and beverages, real estate, and more. All these organizations manage employees, sell or distribute something and maintain accounts. An ERP software solution allows organizations to integrate and manage all these basic functions efficiently.

                          Read more: 5 Salient Features of Odoo that Make it a Reliable ERP for Enterprises

                          Odoo

                          Why Do Businesses Need ERP Software Solutions Now More Than Ever?

                          The pandemic has ushered in drastic changes in all industries. Most industries have experienced serious setbacks while some have struggled to survive the crisis period. Few others are now thriving once again with the support of a decentralized workforce.

                          Decentralization is a gigantic task for those industries that operate under one roof. However, ERP software system has helped businesses to tackle the situation. Here are some ways in which Enterprise Resource Planning software can help industries as employees continue to work from home.

                          1. Easy decentralization

                          The cloud support of Enterprise Resource Planning software connects employees and the manager enabling them to work remotely. It can be used to allocate work and interact as often as required. Managers can also review the work of their subordinates remotely. It also helps organizations to manage the time offs and working hours of the employees and make it productive.

                          2. Effective planning helps to make better decisions

                          ERP software system can help you plan your project and alert your employees about their roles. The real-time data can be used to predict the challenges and forecast the demand. As Enterprise Resource Planning software is powered by AI, you will be able to assess the situation quickly and organize work efficiently. Thus, you can deploy the workforce proficiently and manage all operations profitably.

                          3. Stabilized business ensures a steady cash flow

                          ERP software tools help you stabilize your business during an economic upheaval such as the pandemic. B2B and B2C operations can be strengthened to streamline the business. Enterprise Resource Planning software system offers complete eCommerce support for businesses. This ensures a steady cash flow.

                          4. Safe transactions

                          ERP software can help you ensure safe transactions during economic crises. Plus, it enables you to remain agile and stay abreast of constantly changing customer demands. The academic sector is a great example of this as they have kept running smoothly despite being virtual. Thanks to the ERP software that makes student-teacher interactions more effective.

                          5. Better customer service

                          ERP software tools ensure quick interaction and timely delivery. Thus, it will enable the stakeholder to manage business operations safely during the pandemic. It can help you manage and continue all business-related operations on time leading to customer satisfaction and retention.

                          6. Online support 

                          As the work environment has evolved to become more remote, maintenance and repair support must be performed remotely. ERP software allows for online maintenance and support.

                          7. Better customer support

                          Enterprise Resource Planning software enables you to connect and interact with your customers through live chat or email. Marketing automation along with the best CRM tools can help businesses provide better customer support.

                          8. Remain resilient 

                          Your business can remain resilient with ERP software tools as customers can avail of your products or services from the comfort of their homes. Plus, this software system can help you automate marketing campaigns.

                          9. Supply chain integration

                          The number of businesses dependent on the online controlling system has tremendously increased during the pandemic. Enterprise Resource Planning software can enable the coordination of various supply chain activities from anywhere in the world. The investor can control all operations from the safety of his location as long as he is using ERP software.

                          Now that you know why Enterprise Resource Planning software is the need of the hour, you may want to know what are some of the features of the ERP software system. Please read on to find out why this software plays a pivotal role.

                          Read more: 8 Ways SAP ERP Software Implementation Benefits Your Business

                          Features of an ERP software system

                          • Integration: ERP software provides a central view of financial, operational, and business data. Moreover, this data can be shared in real-time across the organization. You can now turn this data into reports and insights that your organization can use to grow your business.
                          • Reporting: Reporting modules enhance business processes and identify problem areas before the business suffers. These reports may include visual representations that reveal trends and patterns to improve your business results.
                          • Automation: You can automate repetitive business tasks such as order processing, invoicing, payrolls, and more. Automation reduces errors and the time spent on manual data entry. This allows your employees to focus on more value-added tasks at hand.
                          • Tracking and visibility: ERP software allows organizations to track and understand business metrics by granting companywide access to near-real-time data.
                          • Data analysis: Data analysis enables employees to gather a wide variety of information and turn them into actionable insights. It can optimize current operations, identify frauds, minimize expenses, and provide better customer service.
                          • Accounting: This feature gives you the ability to track, store, and analyze financial data.

                          Read more: ERP Software Selection – 5 Step Checklist for CFOs

                          Successful Implementation Of ERP Software

                          Transitioning to an ERP software system can be challenging, but a properly implemented system can be highly rewarding. Here are some essential steps you must take for a successful implementation.

                          1. Determine your needs

                          It is crucial to know exactly what your business goals and objectives are and find ways in which an Enterprise Resource Planning software can help you achieve them.

                          2. Find the right ERP software

                          Each business has specific requirements. What worked for someone may not be the right solution for your business needs. Discuss with an expert ERP consultant to figure out what is the right ERP software for your business.

                          3. Data migration

                          Filter all unnecessary and incorrect data before you begin the data migration process. This way your system will be clean and accurate, and you can achieve efficiency and data integrity.

                          4. Launch the system 

                          A capable vendor will review your requirements before implementation to make the process smoother and shorter. Discuss this timeline with your vendor to avoid any misunderstanding.

                          5. Test the system

                          Testing can ensure that everything is working properly and give you a clear insight into the performance of the system.

                          6. Choose a capable project manager

                          A capable project manager can ensure smooth implementation of the process. He can also guide your employees through the process and ensure they understand the importance and impact it will have on your business.

                          7. Go live!

                          Go live to test the system to ensure that it is working optimally.

                          Read more: Why Choose Fingent as Your Odoo ERP Partner

                          Odoo ERP

                          It’s Worth Every Penny!

                          The modern business landscape has become volatile and fast-paced. By using an ERP software system, you can speed up your operations and remain agile.

                          Now that you know everything about an ERP software system, all you need to do is find one that suits your business requirements. Implementing Enterprise Resource Planning software can be one of the best decisions you make. Fingent can help you achieve a smooth ERP implementation and get the best out of your software. Call us today!

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                            About the Author

                            ...
                            Tony Joseph

                            Tony believes in building technology around processes, rather than building processes around technology. He specializes in custom software development, especially in analyzing processes, refining it and then building technology around it.He works with clients on a daily basis to understand and analyze their operational structure, discover (and not invent) key improvement areas and come up with technology solutions to deliver an efficient process.

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                              Why Should Manufacturing Companies Leverage Odoo ERP?

                              As the manufacturing industry flourish, the need for a centralized control mechanism to ensure streamlined and effective operations is turning imperative. Processes like material sourcing, inventory, invoicing, purchase, order, accounts, and human resource management needs to be automated to make room for high-level practices and decisions. In such a scenario, how do you think Odoo ERP can help manufacturing companies accelerate efficiency and business success?

                              Odoo ERP can empower businesses with centralized management! From inventories to work orders, to customers and accounts, Odoo ERP enables streamlined management of the entire business processes, seamlessly. Leveraging Odoo ERP and using its open-source methodologies can enable manufacturing companies to derive the required speed, flexibility, and transparency to drive business growth and success.

                              Here at Fingent, we provide ERP solutions for various industries challenges including those of the manufacturing industry. But before we dive deeper into how Oddo ERP can simplify management for manufacturing companies, let’s take a look into the prevailing challenges of the industry.

                              Read more: Drive digital transformation in manufacturing

                              Digital Transformation in Manufacturing

                              Challenges Faced By The Manufacturing Industry

                              From inventory to sales to the customer, the manufacturing industry deals with a huge amount of data, on a daily basis. As digitization is taking precedence, enterprises are looking for business models that are supported by intelligent systems. Therefore, companies must use an ERP system to manage their operations. Here are few challenges that organizations face without an ERP system in place.

                              • Forecasting demand – To avoid waste, spoilage or over/under production, businesses must gauge customer behavior and demands. As markets are becoming more volatile and unpredictable, it is becoming increasingly difficult to predict trends and plan production and distribution.
                              • Planning inventory – Inventory, if managed manually is bound to have errors that can cause inaccuracy of data, stock issues, and bad decisions, all of which can hinder returns. For the smooth functioning of a manufacturing company, data accuracy and consistency are important.
                              • Lack of skilled labor – To preserve the quality of services and reputation, manufacturing companies must hire and retain skilled workers. With fairly large applications and without a quick processing tool, HR may find it difficult to select suitable candidates.
                              • Minimizing costs and improving efficiency – One of the best ways to increase returns is to lower production costs while maintaining an efficient supply chain. However, this must not compromise quality. So, manufacturing plants need to automate their operations and management.
                              • Client Relationship Management(CRM) – Customer loyalty, though important does not come easy in today’s competitive business landscape. Businesses must invest in resources that help prioritize client data for current and potential customers and manage sales lead. A CRM will take into account the customer preferences and demands along with market trends.

                              Read more: Odoo Migration: Why Is It Crucial and How to Do It Seamlessly!

                              Odoo Migration

                              Top Features of Odoo ERP System

                              Manufacturing firms must implement customized software solutions with multiple functionalities that are tailored to the industry. Odoo is an open-source ERP software that acts as an effective business management tool with its robust functions. Here are a few highlighted features of Odoo ERP for manufacturing:

                              • Inventory Management
                              • Material Management
                              • Purchase Management
                              • Production Management
                              • Sales Management
                              • Quality Assurance
                              • Customer Relationship Management
                              • Accounting and Invoicing
                              • HR and Payroll Management

                              All these features can be customized based on your business needs.

                              In addition to the above features, Odoo ERP helps in automating the maintenance order for repairs and other preventive maintenance. It includes a scheduler functionality that uses statistical calculations to alert you in case of any failure.

                              Read more: 5 Salient Features of Odoo that Make it a Reliable ERP for Enterprises

                              Odoo

                              6 Ways Manufacturing Industry Can Benefit From Odoo ERP

                              1. Automation

                              As digitization is gaining a lot of importance, companies must optimize workflows in the supply chain through automation. Processes such as inventory updates, payments and invoicing, tracking, distribution, and sales across different channels, even making decisions on high volume orders can be automated using Odoo.

                              Automation drives efficiency, productivity, accuracy, lowers operational costs, and ensures employee safety. All this helps in meeting the changing supply demands of a changing market.

                              2. Master Data Management

                              Odoo ERP comes with master data management capabilities that allow companies to incorporate business processes without duplication of data. The master data management ensures there is a consistent exchange of organizational data, eliminates redundancy, and simplifies business operations.

                              3.Quality Control

                              With Odoo ERP, companies can set quality checks for certain triggers. It can help schedule operations and even send maintenance requests automatically whenever needed.

                              The tool also allows enterprises to track different versions of a product(Product Lifecycle Management) and manage its routing accordingly.

                              4. Forecasting

                              Odoo ERP is equipped with analytical tools that locate patterns, observe huge datasets and forecast future trends, and enable manufacturing companies to create business strategies accordingly. These predictive capabilities allow companies to focus on production to meet customer demands and earn their loyalty.

                              Read more: How Odoo ERP Helps Leverage Business Intelligence and Data Analytics

                              Odoo ERP

                              5. Managing the workforce

                              Odoo’s HRM module automates the basic segregation process based on the required attributes for the post and enables better recruitment. It also includes training and development, capabilities and skills management, compensation records, and employee data.

                              Additionally, Odoo ERP comes with an employee scheduling feature that helps schedule and track tasks.

                              6. Returns

                              Odoo ERP helps businesses to maximize returns by improving operational efficiency, boost productivity and enhance customer satisfaction.

                              Conclusion

                              At Fingent, we maximize the potential of manufacturing companies with future-proof technologies. We develop ERP systems that integrate WFM, CRM, HRM, and accounting services for businesses of every size. For custom Odoo ERP development, talk to our experts.

                              Stay up to date on what's new

                                About the Author

                                ...
                                Yaseen Shareef

                                Yaseen Shareef has been developing solutions with Odoo since 2013 and currently manages Odoo projects for Fingent's clients, making business functions more productive. Outside of work, Yaseen enjoys vlogging, traveling and catching up on the latest action movies.

                                Talk To Our Experts

                                  Streamline And Enhance Your Warehouse Management Operations With SAP EWM

                                  Worldwide, companies spend an average of €300 billion a year on warehousing, either in-house or through third-party logistics. The rise of eCommerce and the growth of global supply chains increase warehousing operations costs for enterprises. In addition, with the pandemic heightening consumers’ interest in eCommerce, they expect instant delivery of products. To cater to this dynamic demand, some logistic companies increased the number of their seasonal employees. With this demand continuing to rise, it becomes imperative that warehouse management processes be optimized.

                                  Read more: Warehousing Management System: Simplify Operations & Scale Your Business  

                                  Warehouse management

                                  Warehouse management is currently undergoing a modern-day makeover to meet growing demands. Therefore, industry leaders must take steps to optimize warehouse management to keep pace with faster requirements and ever-increasing volumes. SAP Extended Warehouse Management (SAP EWM) streamlines, simplifies and optimizes your warehouse operations. This blog considers how SAP EWM can benefit your business.

                                  Challenges In Supply Chain Management Today

                                  Supply chains are at the core of business operations. Therefore, supply chain management needs to overcome several challenges that impact the bottom line of their business.

                                  Read more: Top Challenges Faced By Logistics Management Today

                                  Here are some challenges companies should be aware of:

                                  1. Identifying Bottlenecks In Customer Service

                                  Customers’ demands have become extremely specific. Plus, they expect to be notified about any possible delays. Therefore, supply chain management can benefit from advanced planning and scheduling systems that can help them identify bottlenecks. This can help them prevent delays or notify the customer of a possible delay.

                                  2. Gaining High Supply Chain Visibility

                                  Overall production cost is affected by several factors that go unnoticed. High supply chain visibility will help the management increase the system’s efficiency and eliminate wasteful steps. Such visibility can contribute to cost control.

                                  3. Finding The Right Talent

                                  Hiring and retaining the right talent has become increasingly difficult. Hence, it is beneficial to have a performance tracking system that allows you to gauge employee productivity and spot the right talent that could be trained effectively.

                                  4. Ensuring On-time Delivery

                                  Delivering goods on time is another challenge that can make you lose your customers to your competition. You can resolve these challenges with planning and scheduling software. It can help you receive and deliver the material on time.

                                  5. Maintaining An Agile Production Plan

                                  Lack of an agile production plan that does not reflect market changes can lead to inefficiency of production. You can remain agile by having a planning and scheduling system. This system helps you keep a tab on the effect of market changes without disrupting your current schedule. Those insights equip you to make the best decisions in response to those changes.

                                  How SAP EWM Can Benefit Your Business

                                  Statista forecasts the global warehouse automation market to surpass 30 billion U.S. dollars. And, Zebra warehousing vision study shows that 80% of organizations plan to invest in new technologies to be competitive. And 27% plan to utilize full automation by 2024. SAP EWM helps you capitalize on this.

                                  Read more: How Robotics In Logistics Helps Improve Supply Chain Efficiency

                                  Robotics in Logistics

                                  SAP Extended Warehouse Management (EWM) is fast, agile, and powerful. It is designed to future-proof current supply chain technology and help your business grow.

                                  SAP EWM can be deployed into many business environments. It can support both simple and complex warehouse processes at the granular level. It is a high-speed system that makes supply chain management more accessible and more efficient. SAP EWM can be configured to the organization’s specific needs and can be streamlined over different locations.

                                  Here are some other ways your business can benefit from SAP EWM:

                                  1. Optimize Task Management

                                  In a standard warehouse, one person can be seen going to the same stock bin several times during the day. This happens when all orders that need to be picked for a day appear together, making it difficult to break them down.

                                  You can optimize the picking process with SAP EWM. The platform uses various algorithms to employ the most efficient way to complete as many tasks as possible. This prevents pickers from wasting their time as they have to tread the same path constantly. Plus, SAP EWM’s voice picking functionality enables shorter search time and minimizes errors.

                                  Read more: How SAP Helps Realize Voice-enabled Warehouse Operations

                                  Voice-enabled warehousing

                                  SAP EWM can easily integrate all processes to provide easy end-to-end operations management. It can take the burden off your team for outgoing shipments allowing them to tackle inevitable snags that need to be addressed.

                                  You can link SAP EWM with your transportation management system for greater accuracy for delivery targets. It provides your company a holistic outlook alerting your team when to expect delays and other time-sensitive information.

                                  2. Streamline Labor Management

                                  Efficient use of time, effort, and resources can contribute to business growth. This is another point where SAP EWM can integrate with your WMS. The platform can provide structure in the workplace. With a good framework, each worker knows their location and responsibilities. Such an organized structure will help your employees enjoy more efficient task allocation.

                                  SAP EWM generates real-time insights on workers’ performance, enabling managers to offer more constructive suggestions to improve efficiency. Subsequently, your employees develop more efficient and consistent work habits.

                                  3. Control Costs

                                  Not following the first-in, first-out method for perishables and inefficient use of space and labor can increase wastage. SAP EWM can help reduce wastage of perishables by identifying which units need to be picked first.

                                  SAP EWM can maximize the use of the warehouse space by optimizing the location for each pickup time. It optimizes your space and the travel path of the pickers. All this will reduce your on-hand inventory and reduce your space costs without compromising on quality.

                                  4. Boost Customer Relationship

                                  SAP EWM can reduce delivery lead times and order accuracy errors. This increases customer satisfaction and results in more sales. Thus, SAP EWM elevates and improves relationships with your suppliers and end customers.

                                  Read more: Logistics Management Software – Everything You Should Know

                                  Leverage SAP EWM Capabilities With Fingent

                                  Logistics providers must evaluate the best warehousing management solution for their specific needs. If your business is at a crossroads in choosing the best option for your warehouse operations, Fingent is here to help. Feel free to contact us to learn more about how SAP EWM can transform your business.

                                  Fingent is a certified SAP silver partner and has assisted global businesses in successfully implementing SAP EWM. Our experts can guide and help you explore the flexibility in deploying SAP EWM and ensure it is the best fit for your specific business requirements.

                                  Stay up to date on what's new

                                    About the Author

                                    ...
                                    Vinod Saratchandran

                                    Vinod has conceptualized and delivered niche mobility products that cater to various domains including logistics, media & non-profits. He leads, mentors & coaches a team of Project Coordinators & Analysts at Fingent.

                                    Talk To Our Experts

                                      Streamlining SAP S/4HANA Migration with Selective Data Transition

                                      Though the COVID-19 pandemic accelerates digital adoption among industries, the journey towards Intelligent Enterprise can be complex. Typically, this begins with establishing an intelligent core like SAP ERP. However, even migrating to a new system is more than just a simple upgrade for many companies. With several years of historical business data across complex system landscapes, companies will have to adopt a specific migration approach to SAP S/4HANA. A well-defined migration approach will help businesses ensure business continuity, embrace innovation, and stay relevant and competitive. This post will look at SAP S/4HANA Selective Data Transition Engagement and how this approach accelerates SAP S/4HANA migration.

                                      Read more: Deploying SAP S/4HANA: Tools and Methodologies to Adopt

                                      Two Popular SAP S/4HANA Migration Methods

                                      There are two popular methods to manage SAP S/4HANA migration.

                                      1. Greenfield migration

                                      The first option is the Greenfield approach or a complete re-engineering (new implementation). However, the limitation of this approach is that you cannot migrate your historical data and so cannot take advantage of the latest intelligent features you need for your company’s historical data to work.

                                      2. Brownfield migration

                                      The second option is the Brownfield approach that allows migrating high volumes of historical data (system conversion). However, moving a vast amount of historical data could leave you with more data that could be non-compliant with data privacy laws. Also, this approach could leave you with a lot of irrelevant data in your newly configured system.

                                      As both these options offer certain limitations, SAP formed a brand-new approach, the SAP S/4HANA Selective Data Transition Engagement, that makes your data migration to SAP S/4HANA a lot easier.

                                      What is Selective Data Transition?

                                      Selective Data Transition, also known as Hybrid Approach or Landscape Transformation, is an alternative to the New Implementation approach (Greenfield) or System Conversion approach (Brownfield). It allows you to consolidate several ERP systems to one central SAP S/4 HANA system. Selective Data Transition is vital for companies moving from an existing SAP ERP solution to SAP S/4HANA on-premise or SAP S/4 HANA cloud (private edition).

                                      Just like an inland river delta flowing into the ocean, Selective Data Transition allows you to migrate only a relevant selection of your existing ERP data to SAP S/4 HANA. So, if you’re on SAP ECC planning for transition to SAP S/4HANA, then selective data transition is one of the best approaches to move to SAP S/4HANA.

                                      Case Study: Thermo Pads partners with Fingent to migrate from ECC 6 to SAP S/4HANA. View Case Study

                                      Business Benefits of Selective Data Transition Approach

                                      • Selective data transition avoids business disruption when moving to SAP S/4HANA and enables you to go live according to your business needs. In general, this approach allows for a single go-live, moving several organizational units or roll-out in multiple phases, for example, by country.
                                      • This approach enables you to migrate only your relevant historical data and retain a consistent process chain while leaving behind obsolete data, for example, outdated company codes.
                                      • Selective data transition helps you define your speed and combine single projects such as a new go-live implementation, finance management, etc. while moving to SAP S/4HANA in a single step or a phased approach.
                                      • With SAP S/4 HANA, you can introduce new business processes and manage your historical data while protecting good practices and previous investments.
                                      • The near-zero downtime approach restricts the technical downtime to just a few hours.
                                      • Selective data transition can help change your landscape by either splitting or consolidating existing systems.

                                      Read more: 7 Tips to Ensure a Seamless Transition to SAP S/4HANA

                                      Customize Your Selective Data Transition Approach with Fingent

                                      Selective Data Transition Engagement is a great way to balance between redesign and reuse. It can happen across various scenarios for companies of different sizes to support a smooth transition to SAP S/4HANA. This approach provides a suitable IT landscape for every company’s unique needs. Selective data transition goes beyond the standard implementation as it offers several options for customers to choose from, based on their current landscapes and future needs.

                                      You can work with Fingent and define the appropriate structural changes that need to be considered during data migration, along with any business processes that may need to be modified or redesigned. Our tailored approach has helped many of our customers to increase their flexibility to adapt data and processes in just one step.

                                      Read more: SAP S/4HANA journey: 8 ways C-level leaders and executives can derive business value 

                                      SAP S/4HANA

                                      With Selective Data Transition Engagement, companies can even take advantage of select innovation and modify their business processes to facilitate the use of the latest tools and functionality without the need to start from scratch.Companies having mature SAP landscapes can clean up their environments while retaining those investments that matter most and lower their transitions by bypassing preparation projects.

                                      Selective data transition can even help split some of your projects between the cloud and on-premise. It also allows you to restructure and consolidate your environments as you want. But, most importantly, this approach helps you save time by combining all tasks in just one step.

                                      Read more: 6 capabilities of SAP S/4HANA that will help you become an intelligent enterprise 

                                      SAP S/4HANA

                                      So, if you are interested in learning how the SAP S/4HANA Selective Data Transition Engagement can help your organization accomplish successful migration, don’t hesitate to contact Fingent. We are an SAP Silver Partner and have the expertise in this area to expedite your intelligent enterprise journey.

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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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