Management · Software

SAP S / 4HANA 1709 ERP enriched with predictive analytics and machine learning

SAP announces SAP S / 4HANA 1709, a new release of its next-generation ERP suite. This version integrates SAP predictive analytics and machine learning functionality into the key business processes.SAP S / 4HANA 1709 is also available as a custom ERP suite for specific industries and business units.

SAP S / 4HANA is specially designed for SAP HANA, a market-leading in-memory platform for running a live business. The new applications in SAP S / 4HANA 1709 provide real-time insights and valuable information for the business. At the same time, they release more resources by taking repetitive tasks.

Some examples of applications:

SAP Cash Application analyzes matching features from a company’s historical financial data to automatically match invoices to incoming payments. This leads to more efficient shared services centers and enables finance professionals to be more committed to more strategic activities.

SAP Fiori Contracts & Consumption Apps predict the end of term of contract or the consumption of goods. This enables more effective negotiations with suppliers. Thanks to the SAP Predictive Analytics Integrator, customers can now prognose and update the model with their own data.

Branches and business units

To meet the needs of specific industries, SAP S / 4HANA 1709 offers new opportunities for mining, manufacturing and retail. In addition, adoption for companies in all sectors has been relaxed, so SAP claims.

SAP S / 4HANA 1709 also brings improvements to users in specific business areas. Some examples:

Finance :  SAP Financial Closing cockpit is an important part of SAP S / 4HANA 1709. It allows customers to accelerate financial settlement while complying with requirements and regulations. Business users achieve a higher level of transparency and gain better insights throughout the closing cycle. At the same time, they can increase productivity thanks to automated closing tasks and improved user experience.

Supply Chain :  Building on earlier releases deploying the digital supply chain conversion process, the SAP Transportation Management application is now integrated into SAP S / 4HANA core. This brings together the supply chain and the production system – from planning and forecast to downstream production, execution and transportation.

Sales and Marketing :  The new version helps companies align billing, pricing, service, and other customer-driven processes for organizations with different on-premise or private cloud strategies.

Manufacturing :  This release includes  SAP S / 4HANA Manufacturing  for product development and operational activities. This combines solutions for production preparation, operational production and complex assembly into one powerful, intuitive user experience. Manufacturers can now minimize disruptions in the production process, for example due to changed workflows, instructions and orders. This is possible by proactively performing impact analyzes and using the latest technical design and real-time business data.

“This release contains the innovations that our customers need to successfully execute their digital business strategy,” says Uwe Grigoleit, SAP S / 4HANA Go-to-Market General Manager and Senior Vice President of SAP. “The new intelligent applications with predictive analytics and machine learning from SAP Leonardo make it easier than ever to run live business.”

Leave a Reply

Your email address will not be published. Required fields are marked *