An enterprise management business suite built on the SAP HANA platform.
Reimagine business and run simple in the digital economy with SAP S/4HANA. This new suite is built on an advanced in-memory platform, SAP HANA, and offers a personalized user experience with SAP Fiori. Deployable in the cloud or on-premise, SAP S/4HANA is designed to drive instant value across all lines of business and industries.
SAP S/4HANA is the first digital core for digital business. Make Internet of Things (IoT) and big data accessible. Gain real-time insight on any data - plan, execute, predict, and simulate on the fly, at the highest level of granularity. Focus on essential tasks and gain flexibility to change business processes.
SAP S/4HANA comes in two editions:
SAP S/4HANA Enterprise Management is the foundational solution, covering the digitized mission-critical business processes of an enterprise.
This edition covers the most essential scenarios for finance, accounting, controlling, procurement, sales, marketing, manufacturing, plant maintenance, project systems, and product lifecycle management. In addition, customers can deploy hybrid scenarios, combining on-premise and cloud solutions.
Finance organizations need to embrace the digital age to keep up with new and evolving business models and provide decision makers with instant insight. With SAP S/4HANA Finance, you can create a common view of all financial and operational data, provide flexible, easily consumable reporting, automate processes–and instantly evaluate the financial implications of business options with real-time analytics, prediction, and simulation, all with a beautiful user experience.
SAP S/4HANA Finance a comprehensive set of financial management and accounting solutions, covering financial planning and analysis, accounting and financial close, treasury and financial risk management, collaborative finance operations, and enterprise risk and compliance management powered by the SAP HANA in-memory database.
Designed for the office of the CFO, these solutions remove the traditional boundaries between transactional, analytical and planning systems, to deliver instant insights with on-the-fly analysis, across all dimensions of financial data. Although SAP S/4HANA Finance covers the entire financial management portfolio, there are significantly improved or new innovations available in each finance area, which are highlighted below.
With the SAP S/4HANA Finance processes for FP&A, you can accelerate planning cycles, increase profitability, and make finance functions more efficient.
Close the books faster, improve compliance and control, and reduce closing workloads and costs – with SAP S/4HANA Finance processes for accounting and financial close.
With SAP S/4HANA Finance processes for treasury and financial risk management, you can accurately forecast cash flow, manage liquidity, and mitigate risk. Integrate cash flows, transactions, commodity positions, and market data. And optimize straight-through processing with full-view and real-time analysis, audit trails, and compliance reporting.
With SAP S/4HANA Finance processes for collaborative finance operations, you can rapidly respond to fluctuating market dynamics. Automate receivables and payables processing, revolutionize shared services delivery, and streamline travel management – all while reducing costs.
With SAP S/4HANA Finance processes for enterprise risk and compliance, you can automate risk, compliance, and international trade activities. By proactively minimizing risk and compliance violations, the software makes it easier to optimize business operations, protect assets, and improve financial performance.
Ratio of reviewers by sector.
I’m using S4HANA atm, I find it clunky and annoying!! So slow, and turned on without the correct data in place. After just over 2 months it’s improving but it’s certainly causing a lot of problems. I hate the purchasing screen in 3 parts where all the date isn’t visible at a glance. Anyway, I’ll check some more info out too see if i can learn more and improve my skills. FAMMIS was much more user friendly.
Every customer I know of that is trying out sap s4 hana is absolutely struggling. Still aren’t able to remove the enormous number of sap data silos. Sap hana isnt an open architecture and doesnt share information with other systems well. And the costs, wow, customers I have spoken to trying to implement Hana are already 200-300 percent over budget and no value has been achieved yet from the project. Several have now scraped their move to hana as cost prohibitive delivering little to no value and creating a closed loop when organizations are demanding more open architectures and for technology platforms to play nice with each other. Sap are trying the single silver bullet approach one platform for all, and so far it’s not working
They have been developing this platform in SAP for some time now, since 2011 is when they first rolled out the architecture and platform for HANA.
From 2012 to 2015 is where they migrated more SAP applications to the HANA platform making it cloud enabled and providing a SaaS option as well. Overtime, they brought modules and functionality over and wrapped it up in 2014/2015 by providing more consolidated data and financial l insights and a simplified data model and a simplified database.
From a maturity perspective, it’s been years in the making. I’ve been in this business for 20 years and I’d say SAP has 3 core “immature” products which I don’t mean in a bad way, but they are newer products with out a lot of case studies and data available on them. A year or two for now, this probably won’t be the case anymore.
The most recent version has a lot of different functionality that has been brought over. It handles a lot of predictive analytics and “smart” computing, which gives ways for machine learning for your financial processing. Definitely a big focus in advanced functionality.