The digital economy went into over-drive due to the COVID-19 crisis. The rate of change we are experiencing in the business landscape is unprecedented.
Experts believe that the rate of change is only likely to increase in the near future. In short, we will continue to experience dynamic changes in the business landscape. All we can do is prepare for it by building business operations that are agile, responsive in real-time and intelligent at the core.
Why Organizations must become Intelligent Enterprises
The hyper-active digital economy has given an impetus to many businesses to transform themselves into intelligent, automated and agile operations. Companies are adopting a new, lean and agile approach to every aspect of their business – from supply chain to operations to customer experience.
Competition has increased; customers have many new expectations in the post-pandemic. Businesses have rapidly digitized many of their processes in a bid to counter lockdowns and other pandemic restrictions, causing business data to increase manifold. Now they have the daunting task of harnessing this data to drive actionable insights that will fuel growth for the business. Those businesses that transform into intelligent organizations will thrive in the new post-pandemic economy.
5 Reasons to adopt S/4 HANA now and become an Intelligent Organization
Organizations are transforming their operations with the power of SAP S/4 HANA.
The central pillar around which the concept of the Intelligent Enterprise is built is the Intelligent ERP. S/4 HANA is based on a foundation of intelligent technologies. It features embedded AI, analytics, and an intelligent process automation.
Strategically, now is the right time to make the move to S/4 HANA. Take a look at the top 5 reasons why you need to make the move to S/4 HANA!
1) Leverage the Business Benefits of SAP S/4 HANA:
S/4 HANA is flexible and scalable and delivers the benefits of being a cloud-based system. The complete S/4 HANA suite supports over 25 industries. It covers functions across the board, including sales, finance, procurement, manufacturing, customer service, and more.
By delivering real-time analysis, intelligent insights, and critical automation, S/4 HANA delivers value for their businesses.
It drives intelligent decision-making by allowing stakeholders real-time visibility into operations. They can use data to make decisions faster, plan better and make more accurate forecasts.
2) Harness Benefits of Co-Innovation:
SAP S/4 HANA product teams release product updates every quarter. SAP engages with customers frequently to understand their demands, their business challenges and their purpose. SAP promotes a culture of Co-innovation – this means that they work with customers and partners to plan out a course of action that will deliver a valuable business impact. Co-innovation helps translate customer demands into product capabilities. Through co-innovation, you can influence SAP’s standard development to make sure that they develop features that are important for your business requirements.
3) Drive Better Customer Experience:
The digital economy is about the end-to-end customer experience.
Consider the biggest brand today and you will realize that customers do not choose them because of just good quality or great pricing – customers opt for the brand that proves a better experience – from the starting point of the service to the end of the consumption. SAP has a clear and well-defined focus on CX (customer experience). The simplifications brought in by S/4 HANA and the simplified data models together deliver a better experience for the user and end-customer. S/4 HANA uses the award-winning SAP Fiori at the front-end. Fiori provides a consistent look and feel across the entire ERP system, on all device types and delivers exceptional CX.
4) Beat the 2023-25 Rush!
While the legacy ERP from SAP will reach the end-of-life in another 5-7 years, it is not advisable to wait that long to transition. Businesses will need to plan their move while there is still time to prepare and execute the migration by 2025.
If you wait too long, you may end up taking the easy route under the pressure of the looming deadline and end up compromising your strategic goals. Our experience shows that medium-sized enterprises will need approximately 12-14 months for an S/4 implementation and an additional few months before the implementation begins will be needed to strategize and build the roadmap. As we close in into 2025, skilled consultants and engineers specializing in S/4 HANA migrations will become harder and more expensive to find.
5) Flexible Deployment Scenarios
Every customer’s objectives of migration are unique. SAP provides optimized tools, services and assets for different customer scenarios while migrating to S/4 HANA.
SAP gives customers the choice to decide the extent to which they wish to innovate and which business processes and applications to continue with at a given point in time.
- New Enterprise Core is a tool for customers who wish to implement only technical and functional upgrades to their existing ERP with minimal business disruption.
- The Extended Enterprise Core is ideal for those wishing to automate or improve the efficiency of existing processes to meet the latest industry needs.
- Enterprise Transformation is an end-to-end ERP implementation to enable change in response to the dynamic business landscape.
The SAP Readiness Check 2.0 tool for SAP S/4HANA also provides customers with the information they need to convert their systems to SAP S/4HANA.
In Conclusion
Migrating from a legacy ERP to S/4 HANA is not a project that can be taken lightly. It is complex and many organizations initially find it a daunting task. But SAP has made every effort to make the move as easy as possible for its customers.
If you are looking for a partner who will work closely with your organization to find the best migration roadmap for your requirements, get in touch with Sapours now.
Schedule a free consultation call with our S/4 HANA expert consultants to understand how Sapours can reduce migration risks and accelerates time-to-value in your ECC to S/4 HANA migration project.
Author Details –
Pravin Malve.
Delivery Lead S4 HANA
Experienced Lead Consultant with a demonstrated history of working in the information technology and Service Industry. Skilled Business Process, SAP Production planning, Quality Management, SAP implementation, HANA implementation, Requirements Analysis and Pre-sales.
