What is SAP S/4HANA?
SAP S/4HANA was released in February 2015 and has become one of SAP’s flagship products for customers who want to migrate from SAP Business ERP suite. It is an intelligent ERP that makes use of the complete power of SAP HANA’s in-memory database and is available in the cloud, hybrid and on-premise deployment models, with SAP pushing its customers to migrate towards the cloud option for better business benefits.
The benefits of SAP S/4HANA are extensive. They include:
Streamlined Finances: Financial management is at the core of any business, and SAP Finance within SAP S/4HANA offers unparalleled tools for managing finances. Real-time analytics, forecasting, and streamlined workflows help in better control and visibility over financial operations.
Simplified Transition: For those already using SAP's products, the transition to SAP S/4HANA is made smoother with SAP S4HANA migration. Tools and support are provided to ensure that migration is not just feasible, but beneficial, leveraging existing data and functionalities.
Comprehensive Transformation: The RISE with SAP S/4HANA Cloud Private Edition is a unique offering that supports businesses through their entire digital transformation journey. It includes tools, services, and insights to redesign processes and drive continuous innovation.
What does SAP S/4HANA stand for?
SAP S/4: Indicates this is the fourth generation of the SAP Business Suite.
HANA: Stands for High-performance Analytic Appliance (although it is a noun not an acronym in this instance).