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SAP S/4HANA: An Overview and Key Considerations
What Is SAP S/4HANA?
Enterprise Resource Planning (ERP) has been the cornerstone of SAP solutions since the company was founded in 1972. SAP’s first packaged mainframe software application, SAP R/2, was released in 1979, and was followed by SAP R/3, SAP ERP Central Component (ECC) 5.0, and SAP ECC 6.0. SAP’s current flagship enterprise ERP solution, SAP S/4HANA, was released in 2015, and was a significant shift for the organization as it ran exclusively on the SAP HANA database.
Modules included in an SAP S/4HANA system include: Asset Management, Finance, Human Resources, Manufacturing, R&D/Engineering, Sales, Service, Sourcing and Procurement, and Supply Chain. Each of these modules consist of multiple applications that offer specific features and functionality, as well as industry-specific and enhanced line-of-business functions.
SAP S/4HANA: An Overview and Key Considerations
What Is SAP S/4HANA?
Enterprise Resource Planning (ERP) has been the cornerstone of SAP solutions since the company was founded in 1972. SAP’s first packaged mainframe software application, SAP R/2, was released in 1979, and was followed by SAP R/3, SAP ERP Central Component (ECC) 5.0, and SAP ECC 6.0. SAP’s current flagship enterprise ERP solution, SAP S/4HANA, was released in 2015, and was a significant shift for the organization as it ran exclusively on the SAP HANA database.
Modules included in an SAP S/4HANA system include: Asset Management, Finance, Human Resources, Manufacturing, R&D/Engineering, Sales, Service, Sourcing and Procurement, and Supply Chain. Each of these modules consist of multiple applications that offer specific features and functionality, as well as industry-specific and enhanced line-of-business functions.
Key Considerations for SAPinsiders
- SAP S/4HANA is the solution that SAP wants enterprise ERP customers to be running, but it is about more than simply adopting technology. According to Tom Janoshalmi, the former Global Head of SAP Digital Core Move, organizations need to look at their move to SAP S/4HANA to being about a connected story not just a technology upgrade. While SAPinsider research has shown that many organizations look at SAP S/4HANA largely because of the upcoming end of maintenance for core SAP ERP releases, more see a move to SAP S/4HANA as the opportunity to re-engineer and update processes and configurations. Janoshalmi agrees. He wants organizations to focus on the value they can derive from SAP S/4HANA and what they can achieve moving forward. You can hear more about why the move to SAP S/4HANA is important by reading SAPinsider’s interview with Janoshalmi.
- SAP S/4HANA is the core around which organizations can build their transformed landscape. When Eczacıbaşı Building Products needed to update their existing systems and processes, they looked at SAP S/4HANA as the central part of their update. The overall process involved a complete evaluation of all their current processes and implementing technologies that would increase agility while boosting customer brand experience. SAP S/4HANA was used to connect all the different parts of the business in that process. This article covers more about the Eczacıbaşı project, as does this event session where they discuss their results.
- SAP continues to enhance SAP S/4HANA by including it in RISE with SAP. RISE with SAP is not a new product, but an offering that includes assets that help organizations achieve transformation. The central part of this is SAP S/4HANA Cloud, the software-as-a-service version of SAP’s flagship ERP solution. Damien Johnson from SAP explains in this session what RISE with SAP is, and how it impacts organizations’ existing SAP S/4HANA projects.
869 results
Navigating the ERP Selection Journey: A Guide for Senior LeadersNov 6, 2024 — Senior leaders must conduct comprehensive assessments, define objectives, research and shortlist providers, and evaluate total costs to effectively select an ERP system while being mindful of potential planning and integration risks.
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Justifying SAP EPPM Investments with Workbench for Financial ProcessesOct 31, 2024 — Financial processes and management can be tricky for organizations to get right. Some of the reasons include precision planning, cybersecurity threats, lack of access to real-time data, debt, tax compliance, complex operations, and lack of business insights. To stay ahead of the financial management hurdles, organizations must implement robust financial management strategies and software that […]
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Driving success with SAP ICMR in constructionOct 31, 2024 — Organizations looking to improve operational performance will find that moving to SAP S/4HANA provides many benefits including better reporting, enhanced user experience, improved efficiency, increased innovation, better business processes, scalability, and cost savings. SAP S/4HANA allows businesses to plan, execute, and generate reports and analytics based on live data, enhancing predictions and allows for better […]
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Streamlining data: How Huntsman leveraged EPPM to manage capital projectsOct 29, 2024 — Capital projects and assets can be difficult for organizations to manage due to many challenges, including changing environments, interdependencies, budget overruns, stakeholder dynamics, regulatory changes, poor communication and a lack of attention to detail. To counteract these issues, organizations can adopt strategies to improve capital project management. They include: Defining and communicating the roles and […]
2 minute read
Oct 29, 2024 — Panaya S/4 360 is the solution for a confident, simplified and accelerated S/4HANA migration. Panaya’s change intelligence ensures continuous quality and visibility throughout, eliminates uncertainty and maintains security, performance and compliance. SAP S/4HANA projects are 50% faster and 100% safer, and that also means a quicker return on your technology investments.
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Panaya Test Automation – A Quick PeekOct 29, 2024 — Panaya is happy to introduce its brand-new codeless test automation solution for ERP and cloud business applications. It is a SaaS-based, super-friendly-to-use solution that will dramatically reduce your regression testing bottlenecks and help you automate and optimize your end-to-end testing with unique capabilities.
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Groupe Rocher’s sustainability strategy blooms with Boomi integrationOct 28, 2024 — Groupe Rocher, a sustainable beauty and lifestyle retailer, looked to keep up with demand and deliver a better customer experience using the Boomi low-code integration platform to align IT with sustainability goals.
3 minute read