A lot of discussion has made over the revolutionary technology of SAP HANA. Still, many business owners are confounded over the distinctions between what HANA and S/4 HANA will bring to their workplace. To get the most out of these technologies, you need to understand the difference first.
SAP HANA is a new type of database, while SAP S/4 HANA is a suite of enterprise software run on the top of that in-memory database. The common thing between both is the system used in-memory data. Thus, it ensures faster and real time computing capabilities.
Major benefits of S/4 HANA
- Real time system with key execution pointers instantly refreshed
- Elimination of end-of-period batch bottlenecks
- Continuous inter company reconciliation
- Continuous financial reporting visibility
- Profitability analysis and line-item detail reconciliation
- Automation of routine tasks
- Full management visibility of close task
Points to be considered before selecting SAP S/4HANA solution:
- Business functionality
- Regulatory, industry, and regional requirements
- Individualization options
- IT Strategy
- Innovation cycles
- Adoption/upgrade efforts
- TCO
- Commercial models
To know more about perfect SAP S/4 HANA solution contact our SAP Consultant