Approyo moves to new office Location in Brookfield Wisconsin

Approyo is proud to announce that we have moved to a new office in Brookfield Wisconsin to accommodate our growth. Below is the full article on BizTimes Media from Molly Dill about our recent move.

SAP software company Approyo LLC has moved to a much larger headquarters in Brookfield to accommodate its growth.

Approyo’s headquarters was previously located in a 900-square-foot space at W144 S6311 College Court in Muskego. Earlier this month, the company moved to a 7,800-square-foot space at 13100 W. Lisbon Road, Suite 500 in Brookfield. It has an option to expand into another 10,000 square feet of adjoining space.

“The opportunity for the (new headquarters) space was great,” said Chris Carter, chief executive officer. “It’s centrally located for the staff that I was looking to hire and I can grow the company to where I want to grow it to and bring them all into one area instead of having to move multiple times.”

Approyo implements, hosts, manages and supports SAP HANA systems for corporations. Founded in 2013 by Carter, former owner of Milwaukee SAP firm CCI, Approyo was recently named to the 2018 Inc. 5000 list with three-year growth of 557 percent. Its 2017 revenue was $4 million, and at the time of the listing it had 73 employees. But Approyo has since cut all of its workers in India to focus on new hires in the U.S., a spokeswoman said.

Approyo now has 28 employees globally, 11 of whom are based in Milwaukee. Four of those Milwaukee employees were added within the past month, Carter said, and if one of four pending large contracts closes soon, the company will add up to 10 more employees this year. The company has about 27 clients worldwide, including French company Atos, for which Approyo manages 42 SAP systems.

“The great thing right now is SAP is in what’s called an upgrade cycle,” he said. “We’re showing companies that we can help them with that upgrade and then manage and support their systems.”

View the original article at: https://www.biztimes.com/2018/industries/real-estate/fast-growing-tech-company-moves-to-brookfield/

Digital Transformation for the Insurance Industry with SAP powered by Approyo

Radical change in the insurance industry is occurring at a rapid pace. Changes in technologies, in business models, in standards, and in the makeup of insurance companies themselves require constant adaptation. Insurers must be able to respond to rapidly changing conditions yet still comply with all standards. How does a digital core with a true single source of truth help?

Responding to rapid changes
A digital core is an IT architecture that offers stability and long-term reliability for core enterprise processes yet also provides the flexibility to adapt quickly to new opportunities, challenges, and regulations. This solid foundation gives you a single source of truth, which, in turn, enables flexibility for innovation to accommodate new business models, new regulations, and new business events, such as mergers or acquisitions.

Simulation and analytics
The ability to respond quickly is an essential part of managing an insurance company. To do this, simulation, prediction, and analytical capabilities are important. Data is critical for gaining insight to make decisions. This insight must be at a granular level so decision-makers have the detail they need to understand trends, opportunities, and risks and quickly carry out what-if analysis using predictive algorithms.

Keeping data under control
Every insurance company needs the computing capability for carrying out complex risk assessments with large data sets to support timely, real-time analysis. Everyone in the company must have access to data they need, whenever and wherever they need it. They must also manage the enormous amount of data generated by connected networks to develop and deliver leading-edge products and services.

Addressing innovative opportunities
Customers in every industry are demanding innovation. Companies are responding with new products and services that better meet individual needs. These new offerings impact every facet of business, not just the front office. Companies must address end-to-end (E2E) processes across departments and lines of business to deliver on new customer experiences, products, and services.

The Intelligent ERP
Bringing SAP S/4HANA and SAP Leonardo technologies together as a digital core will result in a more flexible and intelligent enterprise. To achieve next-generation business processes, companies need an intelligent ERP solution that can be continuously enhanced and extended with innovative business services and applications built on emerging technologies, including machine learning, blockchain, and the Internet of Things (IoT). Insurance companies that have big innovation appetites or prefer to be early adopters have already begun this journey.

An End-to-End Intelligent Enterprise for Insurance
Insurance companies need to constantly innovate across their company value chain to drive profitable growth and adapt to how customers want to apply and pay for their policies and services. The capabilities delivered with SAP S/4HANA and the preconfigured, native integration with LoB solutions from SAP help ensure processes run smoothly and efficiently across the engagement lifecycle, allowing companies to drive sustainable revenue growth and maintain margins.

View the full post on www.approyo.com

Digital Transformation for Telecommunications with SAP S/4HANA powered by Approyo

Thanks to massive investments in mobile and fixed broadband and in wireless network infrastructure from telecommunications operators, our planet is now a true “global village.” The proliferation of connectivity, Internet access, smart devices, and SIM cards has created a new digital life and digital economy. 

The growth of mobile subscribers, mobile data, mobile applications, and mobile commerce has exploded over the past decade. Hyperconnectivity has changed everything from the way we communicate to the way we work, shop, pay, and play. 

Paradoxically, telecommunications operators risk becoming front-line casualties of the digital revolution they have helped create. They are disrupted by aggressive, new, over the-top (OTT) players such as Apple or Google, which deliver services on the operators’ network infrastructure and siphon off core revenue . Operators are restricted by regulations that bind them to domestic rules in an increasingly global world. Their core services are completely commoditized, putting pressure on their margins. They are engaged in an endless round of network upgrades, causing capital expenditures to skyrocket and making return on assets unpredictable.

To succeed in this competitive market, telcos will need to put in place a coherent digital vision with clearly articulated offensive and defensive strategies. In particular, they will need to ensure they are maximizing their operational efficiencies while defining and delivering new revenue generating services to drive profitable growth. To execute on this, telcos will not only need to reengineer their business processes, but they will also have to evaluate if they have the right technology platform that can deliver on that vision.

This platform requires an IT architecture that provides both stability and long-term reliability for core enterprise processes, and, at the same time, allows for flexibility in areas where change is happening on a constant basis. The digital core is the foundation for the core processes that need to run consistently and flexibly. It provides uninterrupted, real-time transactions and analytics; the ability to work with Big Data; and the delivery of new services such as connected cars, smart transportation, connected health, and much more. 

SAP S/4HANA was specifically developed to represent the digital core in this “bimodal IT architecture.” It provides telecommunications companies with a proven framework to adopt industry best practices while attaining operational excellence – specifically across core financial and engagement management processes.

Process simplification SAP S/4HANA provides reengineered and simplified business processes that can yield significant benefits. Financial processes are transformed by using central finance functions that integrate all ledgers into a single source of truth. Disparate close processes can be consolidated into a universal journal for more-efficient processing, enabling telcos to close more quickly. Support for new revenue accounting and reporting (RAR) add-on for IFRS 15 compliance enables telcos to view multiple ledgers comparing traditional, local GAAP results with new IFRS 15 results.

An end-to-end solution for telecommunications companies
Telecommunications companies need to manage the end-to-end lifecycle of bundle and service definition, marketing, delivery, and billing. This includes segmenting customers, defining thousands of unique bundles, efficiently delivering services and devices, analyzing margins on services, and managing the demands of customers through building the workforce and talent pools both internally and externally to meet these demands, and then efficiently and profitably delivering services to delight their customers.

The capabilities delivered with SAP S/4HANA and the prebuilt, native integration with LoB solutions help ensure processes run smoothly and efficiently across the end-to-end service delivery lifecycle, allowing telcos to deliver personalized and profitable services and drive sustainable revenue growth.

View the full blog post on www.approyo.com

Demystifying SAP: Understand your Journey to SAP HANA

By 2025, SAP will no longer support SAP ECC 6, the core component of SAP ERP. This means you will need to upgrade your SAP systems. But what are your best upgrade options?

There are three common SAP cloud migration paths. Companies that want to start off slowly can undergo a traditional SAP cloud migration, moving their assets into the cloud without moving to SAP HANA at all. This allows you to show ROI quickly from running in the cloud, while minimizing initial disruption and lets you wait for the major SAP HANA and S/4HANA upgrade for a later date.

Another option is a migrating to Suite on HANA — with SAP ECC 6.0 Enhancement Pack 7 running on a HANA database. This gives you all the incremental benefits of HANA, such as faster performance and compatibility with newer applications and will get you close to a full S/4HANA landscape.

However, most companies will benefit from moving directly to S/4HANA. In most cases, a complete upgrade and migration will be less disruptive and less costly than several smaller upgrades and the new functionality will provide a major competitive advantage right away.

Understand what option is best for you and get started today
If you run ECC 6.0 or earlier version, you will need to upgrade by 2025. Don't wait, start planning for your best upgrade path now and schedule a complimentary consultation with our team. We will help you understand all of your options and help you choose the best path forward.

Five Technologies Impacting Healthcare

Leading healthcare organizations investing in digital capabilities require a framework designed for change –one that supports new business strategies and ensures agility while delivering value-added patient services.

We are witnessing an unmatched era of digitally driven innovation. Breakthrough technologies have matured and hit scale together, which will change how we provide healthcare. A digital network solution is arising that blurs the lines between patient, professional, and provider for more responsive, patient-centric care. Five defining technology trends have already emerged which are powering this digital healthcare network according to SAP:

• CLOUD COMPUTING - Technology adoption and business innovation now move at lightning speed. Technology infrastructure can be rented to eliminate barriers to entry, and transactions among healthcare players are moving to new cloud-based collaboration platforms that can connect millions of users.
• SMARTER DEVICES - “Smart” devices, wearables, sensors, robotics, 3D printing, and artificial intelligence are the new normal. This technology can turn Big Data in healthcare into smart data, resulting in insights for clinical decisions relevant to each patient’s specific situation.
• HYPERCONNECTIVITY - Every patient, healthcare organization, and machine is connected –changing all the established rules for healthcare channels. Connectivity drives the collaboration of patients, providers, and supporting businesses and assets in the digital healthcare network.
• SUPER COMPUTING - Networking and in-memory computing allow for the creation of an infinite number of new business opportunities for the healthcare industry. For example, genome sequencing costs decrease even faster than Moore’s law.
• SECURITY - The digital healthcare network is a prime target for digital attacks and sabotage. Because trust remains the ultimate business currency, healthcare organizations must make cybersecurity a top priority in designing and operating a digital business network.

Start your path to the Intelligent Enterprise with Approyo
Approyo provides full SAP service technology with extensive capabilities in consulting, solutions architecture, hosting and managed services, in order to develop the right solution for our customers. Get started today...

Read the full blog post at www.approyo.com

SAP Releases SAP S/4HANA 1809

SAP announced the latest version of SAP S/4HANA; SAP S/4HANA 1809. The latest release promises to continue on with SAP's commitment to both converting existing ECC functionality into S/4, as well as, introducing newer functions and features.

Here is an overview of SAP S/4HANA 1809 from sap.com

Innovations and Intelligence in SAP S/4HANA 1809

In the area of Procurement, SAP is delivering number of Machine Learning capabilities with SAP S/4HANA:

• Increased invoice automation and efficient invoice monitoring for exception handling
• Reduction of free-text items by automatically proposing the creation of a new catalog item
• Proposal of material group for free-text items in purchase requisitions
• Provision of options for materials without source of supply

Quotation Conversion Rates is an innovation in Sales and Distribution which truly delivers on the promise of an intelligent ERP. As an internal sales representative or a sales manager, you can use Quotation Conversion Rates to track to what extent your quotations are being converted into sales orders before expiring. By leveraging machine learning capabilities, you can gain predictive insights into quotation conversion by comparing actual and predicted results. The Quotation Conversion Probability (also known as Order Probability) is the probability that a quotation item will be converted into a sales order item. The probability, expressed as a percentage, and net value of the quotation is used in order to calculate a total expected order value.

In Manufacturing SAP is introducing Demand-driven replenishment. With the demand-driven buffer level management, you can plan and manage supply chains much more efficiently. Providing decoupling points with strategic stock positions, manufacturers can avoid the so-called “Bull-Whip-Effect”, where the variations in demand increases as you move further up the supply chain from customer to supplier.

Moreover, in inventory management, SAP included intelligence by leveraging predictive analytics and machine learning for decision support. Finance as well has quite a few intelligent innovations in store for you, for example predictive accounting. When a sales order is confirmed in the system, this is not recorded in accounting until goods have been delivered and the invoice has been sent. With the predictive accounting functionality, based on the sales order, a predictive goods issue and a predictive invoice is registered.

The Intelligent Suite build on the ingredients of the digital core
The Intelligent Suite will retain the modularity and flexibility of independent solutions while delivering a suite experience. Scenarios are business-driven and integrated, intelligent, and extensible. We embedded intelligence to deliver unmatched business value in each of the scenarios.

Intelligent Technologies
Intelligent Technologies will help SAP Applications differentiate while at the same time natively comprehending the context of the business application. This includes higher-order intelligence with many scenarios oriented along business outcomes and relevant to lines of business, feedback mechanisms leveraging IoT and business networks as data sources for training feedback, as well as actionable insights in order to derive connecting insights to strategic decisions via a consistent User Experience (UX).

Read the full blog post on www.approyo.com