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The introduction of S/4HANA in the last quarter of 2016 brought immense improvements into the SAP business suite.
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The introduction of S/4HANA in the last quarter of 2016 brought immense improvements
into the SAP business suite. S/4HANA reduces exception management for various routine
transactions with the help of machine learning and predictive capabilities. For the longest
time, S/4HANA has been enabling workforces to streamline operations and the innovations
can only be expected to build up, adding new functionalities and capabilities to the already
robust platform. SAP’s latest release puts the enterprise business suite yet another step
ahead, adding CRM functionality on top of other delta innovations and more advanced
attributes. Its latest release (S/4HANA 1709) is set for September 2017, and will only be
available on the 2.0 platform, which means that lower versions will have to upgrade to
HANA 2.0 in order to take advantage of the unique upgrades:
S/4HANA CRM comes with FPS01 of the 1709 release, which basically extends
consolidation in LOB sales and service. This release also provides CRM with additional
functionalities such as service request and order confirmation, interaction center with
business partners, as well as pricing and billing.
In terms of transportation management, the latest SAP release continues with the
same type of consolidation as the 1610 version, designed to improve supply chain
execution and transportation management. Integration between EWM and TM
process optimizes shipping functions and ensures data harmonization for better
tracing and tracking of materials internally and while in transit.
Commodity management is another notable added feature, especially for businesses
whose core operations rely on efficient commodity management functions. The new
release extends pricing to a powerful commodity pricing engine, which enables
formula-based procurement and sales according to the pricing engine.
Also included as an integral part of S/4HANA 1709 is commercial project
management, which was only available as an add-on in the previous version.
Finally, the latest version also includes advanced variant configuration, which is
further enhanced with a new engine, Fiori UI configurator, simulation environment,
improved algorithm, embedded analytics, and more precise restrictions for an
optimized performance of end-to-end functionalities.
SAP has truly struck gold with its latest S/4HANA release, providing innovative solutions for
all kinds of verticals across industries, ranging from automotive businesses to utility
services, oil and gas companies, and even retail businesses. Examples of potential benefits
of these innovations include better enterprise search, more efficient meter reading and
bulling, integrated product and revenue accounting, and omnichannel management, among