SAP S/4 HANA

SAP S/4HANA is the next-generation business suite designed to Run Simple in a digital economy. Built for the revolutionary SAP S/4 HANA in-memory computing platform, it fundamentally redefines how enterprise software creates value across industries with instant insight.SAP S/4HANA also personalizes the user experience on any device and natively connects to Big Data, the Internet of Things, and business and social networks - all in real time.


There are three primary variants of S/4HANA in the market  at the time of preparing this research:

  • S/4HANA Finance
  • S/4HANA Cloud
  • S/4HANA

BENEFITS

Performance :-

S/4HANA runs only on SAP HANA, SAP’s flagship in-memory computing database. This means that running an SAP solution such as S/4HANA naturally takes advantage of the speed of transaction processing and reporting native to SAP HANA.


Agility :-

The end user interface of SAP S/4HANA is completely SAP Fiori driven. This makes the user-friendly rendition of real-time business insights and intelligence on any mobile device a laudable business advantage, anytime and anywhere.


Simplicity :-

SAP S/4HANA brings unparalleled simplicity to the management and administration of the complete IT landscape, and coupled with the cloud adoption potential that it brings to the fore, hardware and network resources have never been so centralized.


Reduced Total Cost of Ownership :-

The adoption of S/4HANA is a cost efficient option when you consider the fact that you are able to combine all the analytical and transactional capabilities of different systems into a single source of truth which drives acute and proactive business making.


Innovation :-

SAP S/4HANA is one of the products from SAP that is driving cloud adoption by businesses. The cloud offers a platform for different software vendors to offer innovative products that integrates and extends the capability of S/4HANA.


Prerequisites to Learn SAP S/4HANA :-

  • Associate certification level knowledge of the SAP ERP Financials modules
  • Basic knowledge of Financial Accounting (including Asset Accounting) and Management, RDBMS and SQL
  • Adequate knowledge in few basic concepts of AC200 like General Ledger Accounting, Accounts Receivable, and Accounts Payable