SAP S/4HANA
SAP S/4HANA
SAP S/4HANA is an enterprise resource planning (ERP) suite developed by SAP SE, a German multinational software corporation. It’s the successor to SAP ERP Central Component (ECC) and is built on the SAP HANA in-memory database platform. S/4HANA stands for “SAP Business Suite 4 SAP HANA,” indicating that it’s specifically designed to leverage the capabilities of the HANA database.
S/4HANA aims to streamline business processes, enable real-time analytics, and support digital transformation initiatives for organizations across various industries. Its key features include simplified data models, a redesigned user interface, enhanced reporting and analytics capabilities, and support for emerging technologies like machine learning, artificial intelligence, and the Internet of Things (IoT).
Sure, here are the key points about SAP S/4HANA
ERP Suite
SAP S/4HANA is an enterprise resource planning (ERP) suite developed by SAP SE.
Built on SAP HANA
It is built on the SAP HANA in-memory database platform, enabling real-time data processing and analytics.
Streamlined Processes
S/4HANA aims to streamline business processes across various functions such as finance, procurement, sales, and manufacturing.
Simplified Data Models
It offers simplified data models compared to its predecessor, SAP ERP Central Component (ECC).
Redesigned User Interface
S/4HANA features a redesigned user interface for improved usability and accessibility.
Real-time Analytics
It enables real-time reporting and analytics, allowing organizations to make faster, data-driven decisions.
Support for Emerging Technologies
S/4HANA supports emerging technologies like machine learning, artificial intelligence, and the Internet of Things (IoT).
Modules for Various Functions
The suite includes modules for various business functions such as finance, procurement, sales, manufacturing, and supply chain management.
Migration Encouragement
SAP has been encouraging its customers to migrate from older SAP ERP systems to S/4HANA, as it represents a strategic shift towards cloud-based and digitally integrated business processes.