SAP S/4HANA is the latest in a line of enterprise resource planning (ERP) software solutions created by the German software development giant SAP. It is one of the most widely used ERP systems today and represents the next generation of ERP solutions. While it can be deployed and used on an on-premise network like its predecessors, SAP S/4HANA’s primary distinguishing factor is that it was built for use with the cloud and can be deployed either as a single cloud or as a multi-tenant system.
While previous SAP ERP solutions relied on Oracle databases to manage the software backend, SAP S/4HANA uses SAP’s in-house-developed HANA database architecture. This platform is designed to keep track of several types of data and transactions while using minimal database capacity. It outpaces traditional databases when it comes to real-time data storage, processing, and retrieval performance.
Business Benefits of Using SAP S4/HANA
SAP S/4HANA architecture incorporates several cutting-edge intelligent technologies, including AI, advanced analytics, and machine learning, to help organizations with complex needs manage and coordinate their business processes more effectively. SAP S/4HANA implementation delivers the following benefits.
Improved Business Performance
Running on the HANA in-memory computing database, SAP S/4HANA enables swift transaction processing, providing organizations with reporting and analytics based on live data. This can help boost performance across various time-driven business activities, improve forecast accuracy, and offer a smoother user experience across customer-facing applications.
SAP S/4HANA provides decision-makers with real-time mobile access to business insights, analytics, and intelligence, anywhere in the world.
SAP S/4HANA simplifies the administration of the organization’s entire IT landscape by centralizing hardware and network resources and encouraging the adoption of cloud computing systems.
Adopting a contemporary ERP solution like SAP S/4HANA can help modernize an organization, improve collaboration, and provide the tools and insights necessary to conduct business in today’s rapidly evolving and dynamic market environment.
Migrating to SAP S4/HANA
SAP is an integral and crucial part of an organizations’ business operations. Ensuring a successful migration requires commitment from the business and IT teams, as well as the senior leadership. Furthermore, SAP S/4 HANA has fewer customization capabilities as compared to old SAP systems, which could mean a significant investment in organizational change management.
But there are numerous advantages of migrating to SAP S/4HANA, such as speed, stability, and real-time reporting for business and IT. Additionally, multiple migration options are available, such as the:
- Greenfield Approach
- Full Migration
- Hybrid Migration