SAP S/4 HANA is an ERP business suite based on the SAP HANA in-memory database. It allows companies to perform transactions, analyze business data and perform actions in real-time. It is considered the central or the digital core of the SAP strategy Business Consulting to enabling the customers to undergo digital transformation. It lets easier modification of the existing business processes and models to create the new ones.
With this, the companies can be more flexible and resilient to changing business environments and requirements. The companies are better positioned to handle the customer demands and needs. The system lets interlink the departments and functional areas in a specific and meaningful way. Individual modules help manage marketing, accounting, sales, production, etc. More complex tasks can be performed using the software and the application.
As a successor of SAP, S/4 is an intelligent system of the new generation. Thanks to the advancement in technology, this version is helping companies standardize their processes and let them leap to digitalization. The previous SAP solutions were used to support the standard databases. SAP S/4 HANA uses an exclusive in-memory database developed by SAP and offers users the most excellent technical benefits with improved performance.
S/4- “S” stands for Simple, and “4” stands for generation sequence. It offers many innovative functions that help revolutionize the system landscape.
Advantages of Using SAP S/4
With the introduction of SAP S/4 HANA, there has been a complete redefining of the ERP systems. It is not just a data management tool but also helps optimize and automate the business processes for the digital future, making them more competitive. It helps in the following-
- Improvement in the Performance
It enables users to access the data in real-time. Data is stored collectively in the main memory, which helps in removing redundancy.
- Improved Interface
The new interface offers a simplified and personalized user experience. It lets users have quick access to the vital function with decision-support notifications. It promotes efficient and specific role-based work.
SAP S/4 is available in different forms and payment models. In such transformation cases, customers can choose an on-premise version, a cloud version, and a hybrid model that is entirely based on the subscription model. This also helps in reducing the response times and innovation cycles.
- Analytical ability
It is an intelligent data design that reduces data redundancy for greater efficiency. It helps businesses, therefore, with improved decision-making processes.
We hope you would have understood what SAP S/4 is all about and the advantages it offers to businesses in day-to-day life. If you need assistance or support from an SAP S/4 consultant in Germany, get in touch with SCPLAN consulting. They have an excellent team of experts who are exceptionally trained to let you meet your business requirements.