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SAP Professional Services is helping firms deliver digital services, engage the best talent, and become intelligent enterprises, as these companies are well-positioned to succeed in the modern landscape. As the world increasingly relies on technology, professional services companies are finding new ways to leverage it for growth. SAP provides cloud-based flexible billing solutions capable of delivering a comprehensive solution for professional services firms that address all aspects of customer engagement management, from initial contact to delivery and billing. This makes it easier for firms to innovate their business models.
By harnessing the power of data and analytics, professional services firms are redefining what is possible in terms of growth, efficiency, and customer engagement. As the professional services landscape continues to evolve, firms that embrace data and analytics will be best positioned to succeed. SAP Processional Services is enabling intelligent enterprise in the industry
Key capabilities of SAP Professional Services include:
SAP Professional Services is helping firms deliver digital services, engage the best talent, and become intelligent enterprises, as these companies are well-positioned to succeed in the modern landscape. As the world increasingly relies on technology, professional services companies are finding new ways to leverage it for growth. SAP provides cloud-based flexible billing solutions capable of delivering a comprehensive solution for professional services firms that address all aspects of customer engagement management, from initial contact to delivery and billing. This makes it easier for firms to innovate their business models.
By harnessing the power of data and analytics, professional services firms are redefining what is possible in terms of growth, efficiency, and customer engagement. As the professional services landscape continues to evolve, firms that embrace data and analytics will be best positioned to succeed. SAP Processional Services is enabling intelligent enterprise in the industry
Key capabilities of SAP Professional Services include:
- Business development and sales. Includes commerce personalization consent-based marketing, omnichannel commerce management, sales force automation, sales performance management, single customer view, and digital services monetization.
- Project and management services. Includes billing and revenues management, service-centric billing and accounting, customer project management, travel-to-reimburse, field service management, and customer experience management.
- Talent and workforce management. Includes HR services delivery, external workforce management, payroll management, talent acquisition, talent management and learning, workforce planning and analytics, and employee experience management.
- Core finance processes. Includes record-to-report, invoice-to-report, treasury management, FP&A, real-estate management, travel-to-reimburse, invoice-to-cash, and GRC.
- SAP Road Map for Professional Services includes:
- Current release highlights: Complex quote solutions, intelligent staffing of resources, relationship management lifecycle, and intelligent finance operations. 84, asset management, and legal compliance.
- Upcoming innovations: Business solutions contract management, workforce planning, intelligent sales scenarios, and unified HCM reporting
- Future Plans: Integrated sales enablement portfolio, end-to-end enablement management, and intelligent employee/talent management.
- SAP software solutions to meet your needs include SAP S/4HANA Cloud for Projects, SAP Entitlement Management, SAP Subscription, SAP S/4HANA Cloud for Enterprise Management, SAP Integration Suite, and SAP Cloud Identity Access Governance
Key Considerations for SAP organizations:
- How a Professional Services Firm Enhances Employee Experience with SAP SuccessFactors Human Experience Management (HXM) suite. Review the case study about how a U.K.-based global consulting firm that helps enable the digital transformation initiatives of companies around the world addressed its embrace of a more digital workforce. EY leveraged SAP SuccessFactors HXM suite to better support HR processes responsible for onboarding more Millennials and Generation Z talent moving forward.
- Leverage SAP Cloud technology to enable digitalization of HR processes and services. In this magazine article, we learn how one professional services company provides SAP Cloud Platform deployments to support the modernization of HR processes and practices amid growing work-from-home and hybrid workforce trends.
- Technology Insight Recap: An implementation partner shares the importance of the Finance-First Approach to Digital Transformation with SAP Central Finance. Many organizations are looking to SAP S/4HANA Finance to achieve the vision of an intelligent enterprise system. However, there is not always organizational alignment on the roadmap for digital transformation. Professional services firms can partner with organizations to help finance and accounting teams develop the business case for Central Finance as a deployment option to streamline SAP S/4HANA Finance adoption.
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Case Study: How Stonebranch’s Universal Automation Center Drives BusinessNov 15, 2023 — In this article, we are taking a look at the Universal Automation Center from IT orchestration and automation solutions provider Stonebranch. They were able to help a client replace its burdensome legacy workload automation system with a modern, scalable and secure automation solution.
The client struggled with an outdated platform with an outdated licensing scheme and a cumbersome client. It needed better self-service capabilities to deliver value, yet the prospect of updating its software seemed time-intensive and costly at the outset. We will explore how Stonebranch was able to deliver business value through automation throughout the organization without disrupting workflows.
2 minute read
Case Study: An Oil & Gas Company’s SAP S/4HANA Implementation with Venetia PartnersNov 15, 2023 — As businesses change and develop, they are realizing that they need better tools and technology to grow, innovate, and remain competitive in a crowded marketplace. SAP S/4HANA is the central piece of this strategy, opening a new world of possibilities to SAP organizations. Venetia Partners has decades of experience in the chemical, life sciences, oil and gas, metals, and consumer products industries, delivering SAP integrations on-time while meeting key performance metrics. Venetia Partners recently highlighted a case in which it was brought in to help a liquid natural gas startup company. In this article, we will highlight that case study and the lessons that other SAP organizations can take from the experience.
2 minute read
Streamlining SAP S/4HANA Training with SavantisNov 14, 2023 — SAP S/4HANA training can be especially difficult for companies with multiple acquisitions and subsidiaries around the world. These enterprises must ensure that they are prepared before beginning the deployment. SAPinsider’s Deployment Approaches to SAP S/4HANA 2023 research report found that 39% of respondents said that the education and training of internal resources was a major factor affecting the SAP S/4HANA deployment timeline.
Many organizations simply roll out SAP S/4HANA fully, then train workers on it once the process is completed. Yet this can result in disjointed processes, uneven training practices, lost time, and frustration among workers. To help solve these issues, IT services and solutions provider Savantis offers a Learning Management System to train employees based on their role, ensuring that the lessons learned are applicable and consistent throughout an organization.
2 minute read
Advanced MRP Post Processing with new MD06 and MD04 – Part 1Nov 10, 2023 — The MRP exception monitor provides a detailed view on your whole supply chain, all important materials, important orders, missing parts, MRP exception messages, actual inventory, and important KPIs. In one single transaction, you have all the relevant and important information to act proactively as an MRP planner or buyer.
The advanced MD04 also provides you with much more information than the “old” MD04. You will have new transactions, mass changing capabilities, MS Excel Integration, and much more.
10 minute read
Day 2 at SAPinsider SAP S/4HANA Summit 2023: User Insights Drive the ConversationOct 17, 2023 — SAPinsider recently held its SAP S/4HANA Summit 2023 in Dallas, Texas. In the second day, there was a focus on user insights and experiences, and was particularly insightful with two separate listening sessions, one led by SAP finance expert Carsten Hilker, and the other by SAPinsider Research Director Ogo Nwanyanwu, In the current business landscape where digital transformation is pivotal to the success of enterprises, these discussions provided invaluable insights. It was intriguing to see how these complex topics were being navigated by various organizations, and the innovative solutions they are employing to overcome challenges. Key themes such as Central Finance, cloud migration, multi-vendor ecosystems, product lifecycle management, and data privacy regulations were discussed in-depth.
In this blog, you can find some of the key takeaways from this event. They include important tips on how to centralize finance, evaluate cloud migration options, navigating multi-vendor ecosystems, sunsetting products, data privacy, and more.
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Speeding Up ROI for RISE and SAP S/4HANA Cloud ImplementationsOct 13, 2023 — SAP S/4HANA and RISE with SAP offer a foundational promise to give customers simpler and faster access to the intelligent suite so that they can take greater advantage of innovation in the cloud. Organizations need to successfully execute these implementations as quickly as possible to maximize their investment. SAP S/4HANA and S/4HANA Cloud are adding several important features and functions to enable informed processes and agile delivery models compared to previous ERP solutions.
In this article, SAPinsider expert Varun Bhatt from YASH Technologies looks at some of the key aspects that ensure a successful S/4HANA implementation and how YASH helps its customers achieve rapid ROI on their S/4 transformation journey.
In many cases, customers are looking for some customization and flexibility in the main solution because they find it difficult to follow the standard best business practices. Organizations must consider the business value of their innovations before beginning any implementation.
This blog will also explore how to leverage pre-configured solutions, ensuring that implementation methodologies are proven, managing organizational change, and ensuring customers have the right mindset.
4 minute read
Time and Attendance: The Foundation of an HXM Digital Transformation StrategySep 6, 2023 — The workforce is constantly changing and evolving, and workers have different needs and ambitions than in years past. Employees want to work at an organization where they can easily accomplish tasks, like their coworkers, and provide personal and career fulfillment.
One solution many organizations are now turning to in order to maximize the potential of their employees is time and attendance functionality, such as the one provided by Workforce Software. Leading organizations that feel they are ahead of the HXM market have a much higher usage rate of these functions. Time and attendance solutions help deliver ROI and keep workforces engaged by providing business leaders with a holistic view of their workforce.
In this article, we will examine some of the key benefits of time and attendance solutions, including support for deskless workers, providing analytics, and offering a roadmap of career performance for employees.
4 minute read
Mastering National Cybersecurity Strategy Compliance with PwCJul 26, 2023 — The White House recently unveiled its US National Cybersecurity Strategy implementation plan in July. The document release came just four months after its initial announcement, which indicates a high level of urgency from the U.S. federal government in addressing cybersecurity issues.
According to a White House press release, the plan aims to enact two major shifts in how the U.S. addresses concerns to cybersecurity: “Ensuring that the biggest, most capable, and best-positioned entities – in the public and private sectors – assume a greater share of the burden for mitigating cyber risk” and “increasing incentives to favor long-term investments into cybersecurity.”
There are dozens of initiatives baked into the cybersecurity plan, but there are three important points. The strategy intends to hold software companies liable for cybersecurity failures, it proposes regulations to protect critical infrastructure, and it advances a “defend-forward” approach coupled with law enforcement actions to disrupt malicious actors.
To help organizations prepare for the new plan, we will review what each of these aspects of the plan mean for businesses, and how those companies can best address their new requirements.
3 minute read
Overcoming the Challenges of Predictive Analytics SolutionsJul 24, 2023 — Predictive analytics are a powerful tool. Every company can find some way to benefit from using past data to gain insights into the future. Leveraging predictive analytics to their fullest extent can give organizations an important boost in a competitive market.
Nearly every enterprise has access to data, but not all are able to leverage the data successfully. The SAPinsider SAP Data Management Strategies Research Report found that about one quarter of companies are unable to support the type of analytics that their business demands.
In this article, we will examine four of the most significant roadblocks that stand in between companies and their data analytics goals, as determined by insightsoftware. We will also go over the strategies that organizations can use to overcome these roadblocks.
3 minute read
Integration of SAP ERP System with External Invoicing System Via SAP XIJul 20, 2023 — In this article, SAPinsider expert Dmitry Belan offers an inside look at how the Ascendo invoice accounts system works within the SAP landscape. It shows how users integrated the system to move data through to all necessary parts of the SAP ERP as well as SAP XI.
This article describes an example of a solution for integrating the SAP ERP system with an external invoice generation system. The article is presented from the point of view of SAP ERP implementation team in terms of logistics and will be useful for them. The solution architecture, composition and main function of the functional modules are described.
8 minute read