SAP ERP, or ECC or Business Suite, offers business software that maximizes productivity and organizes management tasks. It features trending tech functions like machine learning and a digital assistant.
Its latest version is S/4HANA. It uses the Fiori user interface and has several advanced functions unavailable in ECC. Its HANA in-memory database also allows data to be accessed more quickly.
Contents
Integration
SAP ERP versions are integrated with various modules that support business processes. The Project System (PS) module allows you to handle projects from beginning to end. It also supports a variety of tasks related to procurement, production, sales, and equipment maintenance. The Quality Management (QM) module helps you ensure the quality of products and services. It covers the entire process, from defining quality objectives and constraints to planning and execution of quality assurance activities.
The HANA database is an in-memory platform that operates faster than traditional databases. It uses column-oriented rather than row-oriented storage and can read data from the main memory in parallel. It is also more flexible than previous SAP ERP systems and can accommodate advanced technologies like AI and machine learning.
SAP S/4HANA is a newer product designed to make ERP more modern and easier to use. It has a simplified data model, lean architecture, and a user experience built on the tile-based. It is also more cost-effective than previous products because it no longer relies on licensing based on the number of users.
Performance
With SAP S/4HANA, you can get insight into data in real-time to improve planning, execution, and prediction. This is possible thanks to the in-memory database HANA, which, unlike the row-oriented databases of previous SAP ERP versions like R/3 and ECC (SAP ERP Central Component), can also handle column-oriented data.
HANA allows you to run queries on large amounts of data in a single transaction and process them more efficiently using less memory. In addition, the column-oriented approach to database storage makes it easier to analyze data and make predictions.
SAP ERP has more functionality than the average discrete ERP solution in human resources, manufacturing, and inventory management modules. This enables you to streamline operations, reduce business costs and improve the quality of customer service.
Security
A comprehensive SAP security system is necessary to protect your business’s sensitive data. It’s critical to monitor transactions, RFC modules, and SAP reports continuously and in real time to keep an eye out for suspicious activity. This can help prevent cyberattacks and data breaches that can lead to costly losses for your company.
SAP ERP systems have several built-in security features. One is bank accounting, which helps track your business’s financial transactions and record them in the appropriate accounts. Another is comprehensive automatic fraud detection, which can help identify and prevent fraudulent activities.
The SAP S/4HANA ERP software was released in 2015 and had several new security features. It uses the SAP HANA in-memory database and integrates advanced technologies like AI, machine learning, and IoT. The software features a streamlined data model, efficient architecture, and an updated user interface that utilizes the tile-based design of SAP Fiori UX. It allows businesses to assess information in real-time and make better decisions. Performing system maintenance without interrupting work can reduce the risk of costly downtime for users.
Scalability
Since SAP R/3 was launched in 1992, SAP ERP has been constantly updated with new technology. It consists of different applications built on the SAP platform, programmed with the ABAP programming language. The latest version – SAP S/4HANA – is based on the HANA database and offers a cloud variant.
The scalability features of SAP ERP are impressive. The system can handle large amounts of data and process it quickly. It combines online transactional processing (OLTP) and online analytical processing (OLAP) in the same system and allows real-time analysis.
One of the biggest scalability features of SAP S/4HANA is that it uses column-based databases rather than rows, making data access faster and enabling more efficient compression. It combines data into compact, individually tailored data packages that a query can access.
Moreover, the system supports flexible business processes that adapt to new regulations. For instance, when an Asian company could not meet pricing flexibility requirements using the out-of-the-box SAP solution, they switched to a cloud-native application and now have more flexibility regarding product pricing.
Reporting
SAP ERP has an extensive reporting system that includes real-time analytics. With SAP Business One, users can easily generate personalized reports, which can be shared through email, on the web, or within the organization. Users can also create their dashboards and views for reports.
SAP Business One has a comprehensive customer relationship management (CRM) solution that can help your business boost sales, improve service and support customer retention. Its integrated marketing, lead generation, and sales modules enable you to generate more leads, streamline your processes, and improve customer engagement.
The latest version of SAP ERP is SAP S/4HANA, powered by the SAP HANA in-memory database and includes advanced technology like AI, IoT, machine learning, and advanced analytics. The system has a simplified data model, lean architecture, and a new user interface designed with tile-based SAP Fiori UX. It is designed to be more responsive and straightforward to use than previous versions of SAP ERP. It can run in memory, allowing online transactional processing and online analytical processing to occur at the same time.
