With the advent of 2021, every business organization is taking a step closer to the future of the ERP systems with intense decision-making. Reason? SAP announced that it is necessary to migrate to the SAP S/4HANA by 2025.
Earlier in 2020, on 20th September, SAP introduced the world to its latest innovation in the ERP software. An upgrade that caters to business professionals on almost every front, providing them with cutting-edge software that ensures a seamless movement of the digital core.
What is it exactly? It’s the SAP S/4HANA 1909 that we are talking about! However, in case you are still confused, let’s have a look.
An Overview on SAP S/4 HANA 1909
SAP S/4 HANA 1909 is the latest upgrade over the platform, after the likes of 1511 or 1610. With its latest upgrade, the platform looks forward to mobilizing seamless and effective functioning for the business of every shape and size. Further, these upgrades are centered around machine learning and automation, focusing on providing organizations with a workflow that requires minimal human intervention.
In the SAP S/4 HANA 1909 release, SAP took the performance up a notch to induce core functioning of businesses with easy digital modifications to the core. One of the most reliable and innovative architectures, the SAP 1909 embeds system intelligence along with automation to help companies of all shapes and sizes to come up with their own set of operations and handle it without any trouble over the SAP S/4HANA platform.
Interestingly, when it comes to SAP S/4 HANA 1909, a majority of organizations stay under the dilemma that it’ll be a very costly process and upgrading to the platform is a daunting task. It is a complicated process and might require months of time to build a reliable framework that might involve significant costs. However, that is not the case with SAP S/4 HANA as it is completely the opposite.
Here are some of the key innovations that it has provided organizations with:
By the dawn of 2019, SAP S/4HANA 1909 was made available for use by business organizations of every shape and size, making it one of the most reliable and comprehensive ERP from SAP till the current period. There are some core fundamentals of the program, here are these:
- A reliable system architecture, allowing businesses to scale the size of their organizations and allow transactions with maximized automation.
- Reliable real-time support to guide your business with visualizations, embedded analytics, reports, and predictions.
- End-to-end use experience, allowing faster adoption and easy-to-integrate with the existing systems.
- An open architectural framework that allows real-time connectivity and easy adoption for micro-services.
Considering the suggested factors that add on to the digital age and the UX of business organizations, SAP S/4 HANA 1909 counts for one of the most conversational UI. It uses natural language processing (NLP) to allow the automation of business processes.
Now that we have understood all the basic fundamentals and the key innovations that SAP S/4 HANA offers, let’s take a look at some of its best practices across different sectors.
Best Practices for SAP S/4HANA 1909
The 5th generation of the SAP ERP technology offers businesses with a plethora of functionalities across multiple innovative sectors, listed below are some of them.
- Sales & Distribution
SAP S/4HANA 1909 allows sales and distribution businesses to overlook their distribution channels and the scope of work by keeping real-time updates around sales documents. These documents allow workflows to keep a count on the sales orders, credit memo, quotations, and all the other requests, adding to the benefit of increased sales force efficiency.
Further, it also allows businesses to manage workflow approvals from over the inbox. Additionally, the SAP S/4HANA 1909 sales also allow users to adjust the workflow in real-time, improving the efficiency of the overall sales.
- Finance Planning
The implications of SAP S/4HANA 1909 finance allows finance-based companies to work efficiently and effectively without worrying about the overall productivity of operations. The group reporting option, made available over the latest update from SAP, allows the ERP to do more than just creating reports in real-time. It allows intercompany reconciliation without much hindrance in the process. In a segment that requires large batches of data and relocation, SAP works just perfectly over multiple batches of data.
Further, this platform also integrates the financial planning of organizations of every shape and size with SAP cloud analytics, providing them with a transparent avenue to analyze, both financial and non-financial aspects of the business.
- Inventory Management
SAP S/4HANA 1909 is ideally the best option for companies to allow easy management of their inventory. The plethora of easy management features provided over this platform allows ROI maximization, making it easy to manage inventories of multiple sections at once.
The SAP Fiori app that is provided over this latest version of the software, allows accountability of slow-moving and non-moving materials on a day-to-day basis as well.
With SAP releasing it’s 1909, manufacturing businesses have now been provided with the right type of aid from new predictive material and a resource planning application. This application allows businesses to forecast the component demand, and make benefits from the inventory carrying costs of different businesses.
Further, the systems at operation can also procure simplified data, based on the data secured at daily operations. With machine learning algorithms implemented over the latest generation of SAP, running an effective manufacturing process is just a matter of time!
With SAP S/4HANA 1909 coming to play, businesses can now rely on seamless functioning and better adaptability at operations. Further, the fact that this system is scalable and doesn’t cause much hindrance in operations, the SAP S/4HANA 1909 can be easily integrated across all the major operations in a business.