SAP Enhancements: Leveraging New Features for Business Growth
SAP has introduced significant enhancements to its RISE with SAP offering and SAP S/4HANA Cloud Public Edition, aimed at accelerating digital transformation and driving business growth. These enhancements are designed to improve productivity, provide a modern and collaborative user experience, offer intelligent and sustainable finance solutions, and support service-centric companies. Additionally, leveraging SAP Business Technology Platform (BTP) provides a comprehensive suite of services to fuel business growth.
Improved Productivity with AI
The integration of AI into SAP solutions is revolutionizing business operations. Key features include:
- AI Copilot Joule: This tool allows users to express business needs in natural language and provides answers based on SAP Help Portal documentation. It also facilitates quick navigation to applications and offers role-based insights on business objects.
- AI-assisted Easy Filter and Smart Summarization: These features in SAP Fiori enhance user experience by enabling efficient natural language filtering of business data and seamless summarization. This leads to faster decision-making and improved productivity.
- Intelligent Resource Matching: This reduces the time to find skilled resources by providing advanced skill matching.
- Generative AI: It enables faster analysis and understanding of cost center data through the review booklet for cost centers.
Modern and Collaborative User Experience
The new updates focus on enhancing the user experience and fostering collaboration:
- Microsoft Teams Integration: Notifications of To-Dos in Microsoft Teams allow direct actions on workflow items, saving time and reducing the need to switch between applications.
- Share as Authenticated Adaptive Card-Based Loop Component: This enables collaboration with colleagues directly from an app and sharing of live information using Microsoft Loop components.
- Microsoft Copilot Integration: This feature enables users to collaborate, share live data, and access business data directly from their daily applications and activities.
- Updates to My Home: Enhanced workflow-relevant information, in-place actions for daily tasks, intelligent app recommendations, and pre-delivered cards for new cloud customers boost productivity.
- SAP Mobile Start: This feature allows direct access to the most important applications on the start screen with app favorites, displaying SAP Analytics Cloud KPIs as monitoring tiles and widgets, and managing to-do attachments to support the decision-making process.
Intelligent and Sustainable Finance
New finance enhancements provide tools for achieving transparency, analyzing financial data, and streamlining processes:
- Cost Center Review Booklet: This tool provides transparent cost-center reporting, enabling daily analysis of actuals, plan data, commitments, and statistical key figures in one report.
- Service Profitability Review Booklet: It provides an interactive and comprehensive view of the financial KPIs related to service profitability.
- Manage Operating G/L Accounts App: This app streamlines processes and increases performance with a modern SAP Fiori app, enhancing productivity and accuracy in managing general ledger accounts.
Powering Service-Centric Companies
The latest updates support business growth and operational effectiveness for service-centric companies:
- Shared Risk Approach for Professional Services: This new business model allows companies to implement and automate shared risk approaches, leading to more accurate real-time profitability and reduced manual effort.
- Modern Order Management Journey: Automating recommendations and simplifying the sales order process improves efficiency for internal sales representatives.
Leveraging SAP BTP for Business Growth
SAP Business Technology Platform (BTP) offers a comprehensive suite of services and tools that enable organizations to integrate, analyze, and innovate their data in a unified environment. Key components include:
- Data Integration and Management: SAP BTP allows businesses to integrate data from various sources, providing a holistic view of their operations. Real-time data processing and management enable organizations to make informed decisions based on up-to-date information.
- Advanced Analytics: The platform offers advanced analytics tools that enable organizations to derive meaningful insights from their data. By leveraging machine learning and predictive analytics, businesses can identify patterns, trends, and opportunities, leading to more informed decision-making and strategic planning.
- Application Development and Extension: SAP BTP provides a robust environment for application development and extension. Businesses can create custom applications tailored to their unique requirements, fostering innovation and differentiation.
Introduction to RISE with SAP
RISE with SAP has become SAP’s flagship solution for businesses looking to transition to the cloud. It offers solutions to empower enterprises to harness the benefits of cloud computing within their pivotal, foundational frameworks. Key components include:
- Cloud ERP: SAP S/4HANA Cloud, an extensive ERP solution, is infused with AI, machine learning, and sophisticated analytics, facilitating the adoption of innovative business models.
- Business Process Optimization: RISE with SAP helps businesses understand, enhance, correct, transform, and oversee business performance across the organization. SAP Signavio Process Intelligence within RISE uncovers optimal improvement opportunities.
- Generative-AI Copilot and AI Governance: SAP’s generative-AI assistant, the Joule copilot, automates the creation and development of reports, dashboards, and plans. The expansion of the partnership with Collibra integrates AI governance with SAP data assets, ensuring transparency and accountability.
- Knowledge Graph: The new SAP Datasphere knowledge graph enables organizations to discover hidden insights and patterns across their applications and systems.
- Unified and Advanced Planning and Analytics: The new SAP Datasphere integration with SAP Analytics Cloud offers a single data management system and advanced analytics to power cross-organizational planning.
SAP’s recent enhancements to RISE with SAP and SAP S/4HANA Cloud Public Edition, combined with the capabilities of SAP Business Technology Platform, provide businesses with the tools needed to drive growth and stay competitive in today’s market. By leveraging AI, modern user experiences, intelligent finance solutions, and robust application development environments, businesses can streamline operations, make data-driven decisions, and innovate continuously. Embracing these enhancements positions businesses to thrive in the digital era and achieve sustainable success.