Growth is the primary objective of every business, and they try to achieve it by improving either their operation or decision-making. Data play a vital role in both cases and how well a business processes all the available data is vital for their success.
There are various ways, databases, or software that businesses can incorporate into their business operation to get help in processing their data, make better decisions, and improve operations. One such software is SAP S/4HANA.
In this article, we will provide an overview of this software, and we will also tell you how it helps businesses improve their operations. Let’s start with a basic introduction.
What is SAP S/4HANA?
SAP S/4 HANA is the abbreviation of SAP Business Suite 4 SAP HANA. It is a business management software that helps large enterprises plan and manage resources. It covers all the daily processes of business. SAP S/4HANA combines business functions and industry solutions and brings together parts of SAP Business Suite products like SAP SRM, SAP CRM, and SAP SCM.
It is designed to run on the in-memory database SAP HANA. Which is a database management system that stores data in its own memory instead of on disk, which allows software and ultimately businesses to process and access data faster in almost real-time. It is used to run advanced analysis and high-speed transactions in a single system.
Since SAP S/4HANA harnesses the processing power and utilizes the SAP HANA in-memory database platform, it offers real-time data processing and analytics. SAP S/4HANA can be run on-premises or in the cloud. This software is designed to be flexible and scalable, so businesses can add or remove modules according to their needs.
How does SAP S/4 HANA help Businesses?
Here is how SAP S/4 HANA helps businesses:
- Optimizes business processes: Uses machine learning (ML) and predictive analytics to automate and optimize business processes. It helps businesses streamline processes and run them in real-time.
- Improves reporting: Simplifies data structure and improves reporting capabilities. It also provides data to show businesses their strengths and weaknesses.
- Increases productivity: Improves user experience and increases productivity. It also helps businesses connect their business networks, devices, and teams, to keep an eye on everything and find more opportunities to improve.
- Prepares for the digital future: Helps businesses become more competitive by preparing them for the digital future
- Make better strategic decisions: It can help businesses make strategic decisions related to customer relationship management, supply chain optimization, and overall business network management.
Industries where SAP S/4 HANA is being used in various industries including but not limited to manufacturing, supply chain, retail, financial services, consumer industries, and more.
More and more businesses are choosing to use SAP S/4 HANA, and if you’re one of them, we can help.
Contact Madiba and make a hassle-free transition to SAP S/4 HANA.
At Madiba, we provide services and solutions to make your switch to SAP S/4 HANA easy and efficient.
Through our Madiba Active service, we guide clients (businesses) with workshops like Transformation Navigator, Pathfinder, and Readiness Check. With over 20 years of experience, a team of 240+ SAP experts, and 1500+ successful projects, we use tools, strategies, and strong partnerships to deliver great results.
Our goal is to help businesses improve with smart technology and better processes. If you’re running a business and want to improve your plan and manage resources more efficiently, reach out to Madiba today!
