What is SAP S/4 HANA?
HANA, S4 HANA, and HANA Cloud Platform. Sometimes I feel SAP is playing a game with HANA as the base word. Just to be clear, I am talking about S4 HANA, the new SAP business suite. It runs on SAP HANA, the new in-memory database. S4 HANA is the ideal business suite which when used right will be the catalyst for digital transformation by providing a high-speed environment for supporting the future digital economy. Currently, there are three versions of HANA enabled business suites running in the world.
How S/4 HANA is Different than other SAP HANA?
SAP S/4HANA is short for SAP Business Suite 4 SAP HANA, meaning that it is the fourth version of SAP Business Suite, but is designed to run only on SAP HANA. S/4HANA originated in SAP HANA, the in-memory database released in 2011. SAP HANA made it possible to process large volumes of operational and transactional business data in real-time. In 2013, SAP launched SAP Business Suite on HANA, a HANA-based ERP system that included modules for CRM.SRM, PLM, and SCM. Suite on HANA was essentially the SAP ERP business applications’ front end running on the HANA in-memory database back end.S/4HANA was written in HANA rather than running on top of it SAP S/4HANA required rethinking the database concept and rewriting 400 million lines of code. According to SAP, the changes make the ERP system simpler to understand and use and more agile for developers. SAP sees S/4HANA as an opportunity for businesses to reinvent business models and generate new revenues by taking advantage of the internet of things and big data by connecting people, devices and business networks. Also, because S/4HANA does not require batch processing, businesses can simplify their processes and drive them in real-time. This means that business users can get insight on data from anywhere in real-time for planning, execution, prediction, and simulation, according to SAP.
Capabilities of SAP S/4HANA
Finance
SAP S/4HANA can help enable subscription-based revenue models, simplify accounting and financial close processes, improve treasury and financial risk processes, support collaborative finance operations, simplify real-estate management and more.
Supply Chain
Provide more accurate commitment dates, integrate transportation management, streamline warehouse management, optimize inventory levels and processes, and more.
Manufacturing
SAP S/4HANA can help you improve production planning, support complex assembly processes, accelerate operations, support seamless manufacturing engineering, enhance quality management, and more.
R&D
and Engineering Improve project control and product development, manage enterprise projects effectively, streamline product life cycle management, speed up product engineering processes, boost efficiency with requirement-driven processes, and more.
Sales
SAP S/4HANA for sales can help your company maximize revenue with order and contract management, drive and manage sales performance, support your sales force and sales managers, and more.
Professional Services
SAP S/4HANA for professional services can help your company optimize engagement profitability, assess staffing levels, simplify time entry, enforce limits on time and expense billing, reimagine bid management, streamline quote to cash, and more.
Procurement
Gain in-depth purchasing insights, streamline operational purchasing, automate sourcing and contract management, centralize procurement processes, manage commodity procurement, effectively reduce supply chain risk, and more.
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