SAP S/4HANA Implementation: Benefits, Differences, and Issues

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This report provides a comprehensive overview of SAP S/4HANA, examining its historical context, key features, and advantages for businesses. It contrasts SAP S/4HANA with SAP ERP FICO, highlighting the differences in functionality and implementation. The report explores the issues related to using Fiori apps compared to traditional t-codes, providing insights into user experience and efficiency. Furthermore, it details the benefits of SAP S/4HANA, such as enhanced financial planning, cloud storage capabilities, and streamlined processes, and includes case studies to illustrate real-world applications and outcomes. The report concludes with a summary of the findings and a list of references for further study.
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SAP S/4HANA
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Contents
Introduction.................................................................................................................................................2
Overview of SAP S/4 Hana.........................................................................................................................2
Difference between SAP ERP FICO and SAP S/4 HANA..........................................................................4
Issues related to using Fiori(Apps) in comparison to the traditional t-codes...............................................5
What are the benefits of SAP S/4HANA for businesses..............................................................................6
Case studies.................................................................................................................................................8
Conclusion...................................................................................................................................................9
Reference...................................................................................................................................................11
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Introduction
SAP S/4 Hana is a process that supports the business in computerizing the information in an ERP
system. In this report, implementation of SAP ERP will be discussed and its impact on the
performance of the organization. This report includes the significance of SAP S/4 Hana in the
business and its various advantages will be analyzed. The SAP includes the various versions and
SAP Hana is the version for accounting process. It is also known as SAP simple finance. SAP
S/4 Hana is used for making the development of accounting simple and providing benefits in
making the day to day transactions of the organization like receivable and payables in the
business. The variance in SAP S/4 Hana and SAP ERP FICO will be analyzed and the various
issues which are related to the use of Fiori will be discussed. Two case studies will be discussed
in this report of the companies and issues which they had faced while implementing the SAP S/4
Hana.
Overview of SAP S/4 Hana
It is also known as the SAP simple finance as it included all the current traits which are required
to be updated. The purpose of updated software is to cover the transaction of day to day activities
which includes the order to cash, procuring to pay, planning for products and requesting to
service. It helps in integrating the functions from the various businesses and also provides
solutions to industry. It was launched on 3 February 2015 at the New York Stock Exchange. It
includes the two products: SAP S/4 HANA on-premise and SAP S/4 Hana Cloud. It includes the
various ways for implementation and it depends on the requirement of customers business. It
includes the new implementation, conversion of system and landscape of transformation
(Mallikarjuna, 2016). It helps in doing finance in new way of controlling and financial
accounting as it makes the process easy at the initial stage of the business. It is analyzed that
SAP simple finance is the main element of the SAP S/4 Hana and includes the four main
elements:
The element of application includes the accumulation and integrating the different systems which
helps in making the finance work easy and provides important information for making the
decision for the organization. In the case of reporting and analytics, the information is provided
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on time with the assistance of using the live SAP Hana. In the process of ERP SAP Hana
includes the process of installing the SAP Hana live and different SAP Hana helps in providing
the information (Surajrasal, et al., 2017). The main functional element of the SAP helps in
providing financial capability and developing the various functional tools to the systems. In the
user's elements, Fiori includes the element of the SAP which helps in communicating with the
users. Fiori includes the essentials of SAP of GUI which supports in communicating with the
core elements by the end-users. It supports in the prerequisite of the SAP Net Weaver 7.4 and
SAP Gateway 2.0 (Anwar, 2014). It helps in bringing the benefits in the company which includes
the strong strategy implementation to pursue the digital transformation. It is considered a strong
tool for the strategies, innovation, and progression of the business. it integrates the data in real-
time and provides the platform as the consolidation system. SAP S/4 Hana is a system which
offers a streamlined ROI system with the help of interface of cloud solution (Mallikarjuna,
2016). It is an intelligent cloud ERP system as it helps in removing the tasks related to pattern
and improves the suggestions for the business patterns. SAP S/4HANA is a new generation of
SAP Business Suite featuring simplification, increased efficiency and the compelling features of
many regular transactions, such as planning and simulation options. SAP S / 4HANA represents
the transition from a transaction-only transactional system to internal and external source-based
data, providing real-time, real-time, proactive decision support to end users.
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Difference between SAP ERP FICO and SAP S/4 HANA
It is studied that the SAP FICO helps in giving permission to organizations to access all the
information and data of finances. It helps the company in yield and managing the statement
reports of the finance and evaluating the various decisions which are required for the effective
planning of the business. It helps in making effective planning and decisions for achieving the
objective of the business (Mathew, 2015).
SAP FICO is essential and used for focusing on the financial and accounting of the company
which helps in managing the financial statement of the report and evaluating the results for
making the effective planning and managing for the organization and help in the formatting of
making effective decisions and planning. It is analyzed that the SAP FICO includes the two
formats which are included in SAP controlling and SAP finance, it is a separate format which is
used in the process of financing in which SAP CO is responsible for the planning and
supervising of costs and SAP FI includes the accounting and reporting of the finances (Nica, et
al., 2017). Earlier it was different models but after some time they both amalgamated and
integrated. Both models are little different. SAP Hana includes the memory databases and helps
the system in assisting and processing and storing the data. The latest form of the SAP ERP is
the SAP s/4 Hana. In method of cost accounting, the element of cost is primary and secondary
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which includes the general ledgers in system in recording the accounting data. It helps in creating
the aggregation of management and financial accounting. FI and CO is the procedure for the
reconciliations of the accounting documents. The secondary elements of costs are also included
in the chart of accounts for designing and maintaining the costs in an effective manner
(Nieuwenhuis, et al., 2018). The S/4 Hana is part of SAP which helps in developing the business
process of the business. It has the capability to manage the different business processes. the
different business functions of the organization are finance, sales, procurement, supply chain,
and human resources. The controlling and accounting of the finances are included for the
constant reconciliation of the books. It helps in developing the platform for providing the various
effective solutions to financial management. It provides benefits to the company for rendering
and securing the information in the universal Journal. With the help of back end sources the
rendering of the finances can consolidate the information. Common views can be shared with the
help of a model of finance data (Shalaby, 2017). It is considered as the reporting tool in technical
element in SAP where SAP FICO is considered as the functional element and it helps in
integrating all the activities which are related with accounts and integrates the various modules.
The key elements of updated software of SAP are financial planning and analyzing, accounting,
managing risks in finances and compliance and risk management.
Issues of using Fiori(Apps) in comparing with traditional t-codes
SAP- Fiori app includes the new user experience for the applications and software for the SAP.
SAP Fiori includes the set of applications that are used for regulating the functions of the
business like approvals of work, calculation apps, and various apps for self-service. SAP Fiori
has a special feature of accessing the mobile, tablets and desktops (Rouda, 2016). For the
implementation of SAP- Fiori in business, two ways can be considered as standards apps and
customized apps. And transactional codes in SAP include the shortcut key for accessing the
requested transactions (Steenstra, et al., 2015). It helps in providing access to the required
transaction from anywhere and anytime in the SAP system. it includes the single step for using
the SAP T-CIDE in the functioning of the system. for the future direction, SAP Fiori and SAP
S/4 Hana are a major function in the direction in future. Transaction codes are replaced with the
SAP Fiori as it helps in growing the functioning of the app in the business. various issues are
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faced by the company is using the Fiori Apps in compare to traditional transaction codes as
traditional t-codes are easy to use and implementation requires the single process (Islam, 2019).
Advantages of SAP S/4HANA for businesses
It provides various advantages to the business with the implementation and helps in growth and
development of the business.
Financial analysis and financial planning
It provides the advantages in planning and analyzing the financial resources which help the
business in planning for long term finance for achieving the objectives of the organization. The
issues which the companies face related to copying the data, it helps effectively and easily
accessing the data on time with the help of useful data on the basis accumulations of work quite
effectively (Nieslanik, 2017). The use of updated software finance help in managing the plans
and using the operating the data on time as it helps in removing the time shortages and providing
information.in the life cycle of financial the report, updating and development play a crucial role
in the organization.
Cloud storage system: In a cloud storage system, the recording of information and designing the
file helps in aligning the data. In the cloud storage version, it helps in presenting the change from
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one position to another. It helps in maintaining and recording the information and data for
reducing the overhead costs for the business (Akeel and Wynn, 2015). it helps in taking the
advantages of migrating the information and data and ordering the quality in data for further
processing the versions.
It provides the various benefits to the customers as it helps in simplifying the processes,
increases efficiency and provides the various advantages for the stakeholders. The maintenance
costs can be reduced and increases the contextual awareness of the business.
S/4 HANA finance helps to prepare the innovation in the future. SAP application is developed by
keeping the future in mind for effectively synchronizing the user's requirements, technology, and
demand. It helps the organization in providing advanced technology to run the process of finance
effectively. The various elements and functions of the SAP help in providing the various benefits
for the development of the business. Fiori is a user-friendly way of helping the company in
interacting with the other main tools of the business (Eilers and Stark, 2016).
SAP S/4 HANA is the software which updates the entry online and includes the package that
helps the business and users of the SAP to update the information on a daily basis and real-time
information can be assessed for reporting and implementing the functional elements of the ERP
in the business (Bavaraju, 2017). SAP HANA is the process which helps in removing the
analytics and reporting with single power. It is integrated software with the universal journal and
it helps in storing the transactions for posting the various transactions of balance sheet such as
asset accounting, financial accounting, etc. With the help of updated software, the company is
able to enhance the performance with the more control and compliance as the updated version
helps in reducing the workload, decreases the various costs and helps in winding the books
quickly in an effective manner (Fleig and Maedche, 2017). The use of effective software model
in the organization helps in closing the books of finance and accounting in an efficient way. In
case of SAP accounting and finance, all the information and data are integrated automatically for
calculating the profits and universal journals. The strength of the software is that it rejects the
various indices, summations and other errors in the business with its pre-defined elements.
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It helps in simplifying data as the SAP Fiori provides the screen. It simplifies the data with the
help of a model based on finance for time consumption and helps in simplifying the hectic
process (Fleig, et al., 2018).
It benefits the businesses in managing financial risk and treasury management. For accessing the
information on time and making the cash flows easy, S/4 Hana simple finance provides the
benefits with the implementation and reduces the cost of management. In the process of
accounting for payment and receivables, the deduction and transactions can be processed
automatically without spending much time on the entries of the transactions (Schoder, 2015). For
the application of ECC, it requires the interface for using the screen for updating and assisiting
new fiori for rendering the performances in the platform of the system. In fiori system, it helps to
change the perception for renewing the design of the enormously personalized, responsive, and
usual, which basically leads to the skilled of the role-based and the best practices can be adopted
on online platform.
Case studies
Deloitte Company
The company has implemented the SAP S/4 Hana and they faced the issue of ineffective and
inefficient for using the software for the business. They had faced the issue in customizing the
software according to the need of the company (Kollár and Martiško, 2012). At last, they have
decided to reinstate the same and do not focus on updating the existing system as the update in it
is not successful for the business. the company was facing the issue of business processes and
architecture of the businesses for growth and acquisitions. The systems were decentralized,
occurrence of duplications and highly customized applications occurred. In the enterprise the
various processes of the businesses were inefficient and non-standard. With the implementation
of system, the opportunity was available for the global enterprise data in the business functions
and provides the various configurations for improving response time and custom quote. SAP S/4
Hana helped the enterprises in enhancing functioning effectiveness by improving logistic,
optimization of inventories, standardizing policies and controlling quality (Deloitte Greece,
2019).
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The issue which the companies are that implementation of software requires the proper planning
of the system. It is necessary to consider a realistic plan for the implementation. It is essential to
recognize the business cycle. The success of the implementation depends on the effective
planning, designing processes, data management and cleansing the historic information and data,
providing the proper training to employees. the issue of data is faced by the companies which
include the corruption and validating issue which are related to the legacy system data. In new
and old system the formats are different in both. It is necessary to overcome the issue of data
integrity (Singh, 2017). In the legacy system, the customization is required to meet the needs of
the business requirements. It is necessary to consider the scenarios for implementing the SAP S/4
Hana as new application for the organization; system conversion and landscape transformation
are required in the business.
ROI management consulting has implemented the SAP S/4 Hana in the situation of the
managerial body. It helps the company in dealing with the employees of the organization which
helps in migrating the process to change the system for the users of the organization. they had
implemented fro taking the various advantages from the cloud storage and migrating the data and
information and provide the quality data for the effective solution and processes further to
present it in an efficient way (Vanstechelman, 2016). They had considered that the
implementation will provide the technological advancement and benefits for gaining the
information and identifying the proper information for reducing the errors and will lead to
ensuring the responsibilities in future. ROI has considered that the shifting of software to S/4
Hana will be an easy method for operation management, information technology and the
functioning of the business processes for becoming the more integrated business. it helps in
forming the new variables by improving the performances and treat the information in managing
the business successfully (Roi-international 2019).
Conclusion
It is concluded that the application of SAP S/4 Hana helps in bringing new and innovative
business for the organization. It provides the various assistances to the organization and the
comparison in SAP S/4 HANA and SAP ERP FICO is analyzed. The various issues are included
in using the Fiori Apps in the business as compared to use the traditional t-codes. Two case
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studies are provided by Deloitte and ROI management consulting company that has faced the
issues in migrating the system in the business. The latest form of software helps in providing the
various advantages for the growth and development of the business. To conclude the report,
application of software in an effective way helps the business in growth and development of the
organization. It reduces the workload of the employees and makes the process easy for making
effective decisions. SAP HANA is considered a strong tool for the strategies, innovation, and
progression of the business.
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Reference
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Context: a Case Study of the Waha Oil Company, Libya. In eKnow 2015 7th International
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HANA Using UCTD-ABE Scheme.
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Vanstechelman, B., 2016. The SAP HANA Deployment Guide. Espresso Tutorials GmbH.
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