Glimpse of Innovations and Enhancements with SAP S/4HANA Cloud 2111 Release21-Dec-2021
The rapid innovations and upgrades in technology have changed the manner and the extent to which society and businesses work and behave. All the consumers of the latest technologies continuously raise their expectations from the technology developers. And this leads developers to work more and more to improve or upgrade their existing solutions.
In this article, we will be talking about one such technology introduced in 2017 and has always come up with rapid innovations and upgrades to satisfy the needs and demands of different business sectors. SAP S/4HANA Cloud is an intelligent suite that has revolutionized the business landscape of many businesses.
In this article, we will be talking about the 4th Quarter Release of SAP S/4HANA Cloud 2111 and its working areas across all lines of business.
The new SAP Fiori app, Maintain Time-Dependent Stock Levels, allows you to display, create, and replace time-established inventory ranges for the protection inventory you would really like to maintain for particular materials. Furthermore, you can use dynamic inventory ranges for extraordinary dates with the destiny for delivery or call for making plans through API or guide maintenance, developing complete flexibility with the vicinity of cloth necessities making plans (MRP) for inventory ranges.
Supply Chain Management
In the sphere of Supply Chain Management, the new SAP S/4HANA cloud supply improvements for diverse SAP Fiori apps to aid cut-up valuations with the goods-receipt process. You can pick a valuation kind primarily based on the configuration settings, display the assigned valuation kind for the cut-up valuated material, and create personal international valuation types. SAP S/4HANA also provides a smooth configuration of cut-up valuation in steps with the assistance of SSCUIs.
With more advantageous provider order-making plans primarily based totally on spare element reservation, it allows the logistics integration for customer support managers to gain higher insights into inventory spare element availability and ensure the reservation of the deliberate quantities. When a provider order is released, the deliberate spare components are reserved, leading to tighter integration with follow-up logistical approaches and better accuracy of provider order-making plans. In case of an inventory shortage, follow-up replenishment approaches may be begun at once to ensure on-time provider delivery.
With SAP S/4HANA Cloud 2111, we provide SAP Intelligent Real Estate for corporate as well as commercial organizations consisting of all the main focus areas such as capacity management, remote work, sustainability, cloud, and analytics. With SAP Intelligent Real Estate, businesses are empowered with a centralized data model which streamlines end-to-end real estate organizational processes for business and corporate requirements. Embedded analytics, along with leading contract and lease management solutions, helps organizations make the best leasing decisions. Additionally, it provides asset and profit center accounting along with the new SAP Fiori apps for supporting various business situations, including external lease out, inner occupancy, and intercompany lease out of spaces.
Governance, Risk, and Compliance
With the unified dashboard for dealing with compliance strategies and the conversational popularity of digital files in SAP Document and Reporting Compliance, the new innovation provides a holistic answer to satisfy all sorts of mandates, from real-time digital enterprise files to statutory reports. Here, it enables a continuing transition to non-stop transaction controls in a centralized worldwide cockpit that will help you examine digital enterprise files in real-time and observe up on rejections. The centralization of all mandates inside one quit-to-quit compliance system is a key prerequisite to facilitate reconciliation and assure consistency among real-time enterprise file submissions and statutory reports. The dashboard, in addition, improved in SAP S/4HANA Cloud 2111, is the primary stepping stone to allow seamless corrections and transition from real-time digital files to statutory reports.
Enterprise Portfolio and Project Management
In Enterprise Portfolio and Project Management, SAP delivers useful resource calls with direct staffing in the ‘Manage Project Demand’ software. In addition to the combination among employer initiatives and procurement permitting you to plan, trigger, and display the procurement of substances and services, SAP S/4HANA Cloud 2111 enabled the making of plans and tracking of human useful resource needs in the ‘Manage Project Demand’ software. Not best can these making plans be carried out on a high-stage primarily based totally on an interesting kind and deliberate effort. However, it can additionally be carried out in an extra fine-granular manner through at once staffing assets to that call for.
With the enablement of settlement kind usage-primarily based total billing in Project Billing, you could put together assignment billing requests and billing report requests for billing factors in the ‘Manage Project Billing’ app. Additionally, in the ‘Schedule Project Billing Preparation’ app, it’s far now viable to schedule the instruction of billing files requests for billing factors of contract kind usage-primarily based on total billing. This offers you the possibility to screen and put together billing, absolutely or partly delay one or extra usage-primarily based totally on the subsequent bill, and write off a part of the whole quantity to be billed for extra gadgets.
Apart from these, there are also other areas where the up-gradation has been done, like in the areas of Sales, Sourcing and Procurement, Solution Order Management, Asset Management, Product Compliance, Environment, Health, and Safety.
Stay connected with us to know more about SAP S/4HANA Cloud and its coming upgrades!