Advantages of implementing a Cloud ERP Solution

For most companies, the big question is not if but when they will adopt cloud computing for the bulk of their IT operations, including the enterprise resource planning (ERP) software they use to manage inventory and product manufacturing.

Rapid deployment 
By using cloud computing, your growing business won’t have to purchase, install and maintain server equipment which can be tedious and time-consuming. The cloud provider will take care of all security and maintenance, saving time to allow you to focus on what your company does best.

Scale upwards
The speed of cloud scalability means that you can quickly evolve your IT infrastructure to be as powerful and expansive as you need it to be the minute an opportunity for growth presents itself. You can scale up immediately and get to work faster as your business increases its headcount and volume of data. Read more about cloud ERP scalability and flexibility here.

Better Business Intelligence
Cloud technology allows organizations to access data remotely without complex technical configuration or robust IT staffing. Over the past two years, the number of organizations deploying business intelligence (BI) in the cloud has doubled. Cloud BI adoption is especially prevalent among sales and marketing departments as they rely on real-time data to understand and improve the customer journey.

When it comes to data access and data storage, cloud ERP has several advantages over on-premise ERP. Cloud technology is more scalable for storing large amounts of data and can provide access to data gathered by IoT technology.

Speed-to-market
No matter what industry you’re in, the market demands fast service, product and service reliability and transaction predictability; crucial factors that can put your business into a disarray if not handled properly. Moving to the cloud allows you to push products to the market much quicker.

Implement Quickly
Investment of new hardware and slower updating is not needed for cloud-based systems that utilizes the web, because updates are implemented without human-interaction.

Non-Physical Servers
Maintenance of hardware is not essential, simply because there is not physical hardware on-site at all. This is a big plus for operations that have to constantly maintain hardware and can instead further their focus on other areas within the production facility.

Agile workforce
With a cloud-based ERP, your staff will be able to access data and make decisions on the fly wherever they are. Since data is not locked up in individual employees’ machines, you can give teams 24/7 access at home, on a plane or event at a client’s location for a meeting. They will have the power to do more and collaborate.

Read the full blog post on www.approyo.com

Ask Approyo: How is Artificial Intelligence impacting businesses right now?

Artificial intelligence (AI) is an area of computer science that emphasizes the creation of intelligent machines that work and react like humans. The massive amount of data produced by our devices, sensors, and the Internet of Things (IoT) continues to grow. Turning this data into actionable insights and reaching new levels of sophistication and efficiency will require artificial intelligence (AI).

Now is the time to start to implement AI solutions at your business. Here are just a few examples of how AI is impacting the day to day operations at companies around the world.

Automating customer interactions
Most customer interactions, such as emails, online chat, social media conversations and telephone calls, currently require human involvement. AI, however, is enabling companies to automate these communications. By analyzing data collected from previous communications it is possible to program computers to respond accurately to customers and deal with their inquiries. What’s more, when AI is combined with machine learning, the more the AI platforms interact, the better they become.

Data Mining
Cloud-based AI apps are so advanced that they can quickly discover important information and relevant findings while processing big data. This gives businesses insights into previously undiscovered information, which gives them a major advantage in the marketplace.

Reducing Human Error
Robotic process automation (RPA) can help businesses avoid costly human errors. Each year human errors cost SMEs millions of pounds. RPA tools are designed to continually collect, analyze and learn from large amounts of data. As such, robots are far more effective at standardizing processes than human employees.

Businesses around the world use RPA software across a range of industries and purposes. For example, making logical and consistent marketing decisions, avoiding expensive fines from mistakes within compliance reports, and using set protocols to reduce injuries at work.

Automation
Since the industrial revolution, the rise of technology has gone hand in hand with the automation of work. From tractors, to automated hotel bookings and advanced robots working in manufacturing factories, the theme remains constant. As far as the introduction of artificial intelligence is concerned, the only difference is where it works. There’s a growing trend towards the automation of routine work. Artificial intelligence is quickly automating routine processes, the same way industrial era machines automated physical labor. Not only are these technologies extremely capable, they also don’t require coffee, lunch or smoke breaks.

Breaking the language barrier
At one time or another, we’ve all used Google Translate to simplify our communication with someone, understand a text in a foreign language, or as a part of our work. While the initial translation solutions might not have been the most efficient, Google has implemented machine learning to teach their digital translator to improve on the go. Now, it delivers highly realistic translations, despite their complexity or colloquial nature.

However, AI has gone a step further, and we now have devices that can instantly translate speech into a variety of languages as you enjoy a conversation with someone who doesn’t speak your own native language.

Read the full blog post at www.approyo.com

Understand your path to SAP S/4HANA (updated)

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 basic 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 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.

Deployment options for SAP S/4HANA

• Cloud - Public Cloud - SAP offers a pure Public Cloud option—Software-as-as-Service (SaaS)—such as SAP Cloud, Google Cloud Platform, AWS, or Azure, to name a few, which hosts and manages the entire HANA infrastructure, including the quarterly upgrades. This option can also be managed through the public cloud provider, internally or by an SAP partner like Approyo. 
• Cloud - Private Cloud - Under a private cloud setup, the HANA infrastructure operates on a private cloud exclusive for the use of an organization. This scenario can be managed internally or by a third-party and can be hosted internally or externally. It works best for companies looking for on-demand scalability, complete management control, and security prioritization for their IT assets while combining both on-premise and cloud solutions. 
• Hybrid Cloud - The Hybrid Cloud option involves using a cloud provider as either IaaS (Infrastructure-as-a-Service) or PaaS (Platform-as-a-Service).  With either option, the organization must manage a portion of their on-premise assets and associated services while the rest of the portions are managed by the Cloud service provider.
• On-premise - On-premise deployment is hosting SAP S/4HANA in your own data center, which isn’t mandated by SAP’s upgrade cycle. Under this scenario, the HANA appliances are hosted on partners/customers’ existing data centers. 

Read the full blog post on www.approyo.com 

9.5 reasons to upgrade to SAP S/4HANA today

SAP S/4HANA is the digital core – the nerve center – of your entire business. It consolidates internal and external elements into a single, living structure that goes beyond traditional ERP software. In other words, it connects all your processes, provides you with live information and insights, and seamlessly integrates your enterprise with the digital world at large.

SAP S/4HANA 1809
SAP S/4HANA 1809, released in late 2018, significantly increases the possibilities for digital transformation across all lines of business. Imagine giving voice commands to your SAP ERP system and obtaining instant analytics. Or automating a large portion of your business processes, freeing employees for value-added activities. The streamlined architecture of the 1809 release is also scalable, enabling you to drive growth and profitability.

Enter the Intelligent Enterprise
Intelligent enterprises effectively use their data assets to achieve their desired outcomes faster – and with less risk. SAP is committed to helping every customer become a smart, best-run  business and make the world run better. SAP S/4HANA 1809 is the core to the intelligent Enterprise.

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).

9.5 reasons to upgrade to SAP S/4HANA right now:

1. Improve order fulfillment
2. Increase customer satisfaction
3. Reduce manufacturing error rates
4. Reduce procurement costs
5. Respond to market fluctuations faster than ever
6. Streamline your supply chain
7. Improve your manufacturing cycle time
8. Streamline your supply chain
9. Reduce unplanned downtime
9.5 The Intelligent Enterprise

Download the Whitepaper: 9.5 reasons to upgrade to SAP S/4HANA right now

SAP Releases Q4 and 2018 Results

SAP Announces Preliminary Fourth Quarter and Full Year 2018 Results on www.sap.com. The results continue to show growth for SAP HANA and SAP S/4HANA. This growth mirrors Approyo's growth and accolades throughout 2019 and align with our vision as the premier SAP Platform as a service partner.

SAP Hits or Exceeds All Raised Outlook Metrics - Targets More Than 3x Cloud Revenue by 2023

• Cloud Subscription and Support Revenue Up 32% (IFRS) and Up 38% (Non-IFRS at Constant Currencies)  in FY 2018 
• Cloud Backlog Increased 30%, Exceeding €10 Billion at Year-End  
• Cloud and Software Revenue Up 5% (IFRS) and Up 10% (Non-IFRS at Constant Currencies) in FY 2018
• Cloud and Software Order Entry Exceeds €10 Billion, Up 14% at Constant Currencies in FY 2018
• Operating Profit Up 17% (IFRS) and Up 10% (Non-IFRS at Constant Currencies) in FY 2018  
• Guiding for Up to 39% Non-IFRS Cloud Subscription and Support Revenue Growth and Up to 10% Non-IFRS Cloud and Software Revenue Growth in 2019 at Constant Currencies  
• Guiding for Up to 11.5% Non-IFRS Operating Profit Growth in 2019 at Constant Currencies – Faster Than  Total Revenue Growth
• Targeting More Than €35 Billion in Total Revenue by 2023 

Full Year 2018 Highlights:
Even after multiple guidance raises during the year SAP met or exceeded all of its 2018 outlook metrics.

For the full year new cloud bookings were €1.81 billion, up 25% (up 28% at constant currencies). Cloud subscriptions and support backlog increased 30%, reaching €10 billion at year-end. Cloud subscriptions and support revenue was €4.99 billion (IFRS) or €5.21 billion (non-IFRS at constant currencies), achieving the full year outlook (€5.15 to €5.25 billion non-IFRS at constant currencies). Software revenue decreased 5 % year over year to €4.65 billion (IFRS), flat year over year (non-IFRS at constant currencies). New cloud and software license order entry exceeded €10 billion and grew by 14% at constant currencies year over year in the full year. Cloud and software revenue was €20.62 billion (IFRS) or €21.58 billion (non-IFRS at constant currencies), exceeding the full year outlook (€21.15 to €21.35 billion non-IFRS at constant currencies). Total revenue was €24.71 billion (IFRS) or €25.96 billion (non-IFRS at constant currencies), exceeding the full year outlook (€25.20 to €25.50 billion non-IFRS at constant currencies).

SAP’s rapidly expanding cloud business together with solid growth in support revenue continued to drive the share of more predictable revenue. The total of non-IFRS cloud subscriptions & support revenue and non-IFRS software support revenue was 65% of non-IFRS total revenue for the full year 2018, up 2 percentage points.

For the full year, operating profit was €5.71 billion (IFRS) or €7.48 billion (non-IFRS at constant currencies), achieving the full year outlook (€7.425 to €7.525 billion non-IFRS at constant currencies). Earnings per share increased 2% to €3.42 (IFRS) and decreased 2% to €4.35 (non-IFRS).

Operating cash flow for the full year was €4.30 billion, a decrease of 15% year over year. Free cash flow decreased 25% year over year to €2.84 billion. At year end, net liquidity was –€2.49 billion.

Fourth Quarter 2018 highlights
In the fourth quarter, new cloud bookings were €736 million, up 25% (23% at constant currencies). Cloud subscriptions and support revenue grew 41% year over year to €1.41 billion (IFRS), up 40% (non-IFRS at constant currencies). Software revenue grew 1% year over year to €2.09 billion (IFRS), up 8% (non-IFRS at constant currencies). New cloud and software license order entry grew 18% at constant currencies year over year. Cloud and software revenue grew 9% year over year to €6.32 billion (IFRS), up 11% (non-IFRS at constant currencies). Total revenue grew 9% year over year to €7.43 billion (IFRS), up 13% (non-IFRS at constant currencies).

In the fourth quarter operating profit increased by 22% year over year to €2.40 billion (IFRS), up 8% (non-IFRS at constant currencies). Earnings per share decreased 8% to €1.41 (IFRS) and decreased 15% to €1.51 (non-IFRS).

SAP S/4HANA
SAP S/4HANA is at the core of the Intelligent Enterprise. With S/4HANA, customers automate more and more of their business processes enabling employees to focus on higher-value tasks. It detects patterns, predicts outcomes and suggests actions empowering companies across all industries to reinvent their business models for the digital economy.

S/4HANA adoption grew to approximately 10,500 customers, up 33% year over year. In the fourth quarter, more than 40% of the additional S/4HANA customers were net new.

Business Outlook 2019 
Reflecting SAP’s strong cloud and overall business momentum as well as the Qualtrics acquisition with a January 23rd, 2019 closing date, the Company is providing the following 2019 outlook:

• Non-IFRS cloud subscriptions and support revenue is expected to be in a range of €6.7 − €7.0 billion at constant currencies (2018: €5.03 billion), up 33% – 39% at constant currencies.  
• Non-IFRS cloud and software revenue is expected to be in a range of €22.4 – €22.7 billion at constant currencies (2018: €20.66 billion), up 8.5% – 10% at constant currencies.  
• Non-IFRS operating profit is expected to be in a range of €7.7 – €8.0 billion at constant currencies (2018: €7.16 billion), up 7.5% – 11.5% at constant currencies.  
• In addition, SAP expects total revenues to increase strongly, at a rate slightly lower than operating profit.
• The comparative numbers for 2018 do not include Qualtrics. Callidus revenue and profits are included in the comparative numbers from the April 5th, 2018 acquisition close date. 
• While SAP’s full-year 2019 business outlook is at constant currencies, actual currency reported figures are expected to be impacted by currency exchange rate fluctuations as the Company progresses through the year. 

Read the full results: https://www.sap.com/docs/download/investors/2018/sap-2018-q4-statement.pdf

Innovations and Intelligence in the new SAP S/4HANA 1809

SAP S/4HANA is an intelligent ERP solution that enables companies to capture every opportunity in today’s digital world, SAP S/4HANA removes common obstacles associated with legacy ERP applications, such as batch latency, complex landscapes, and manually-driven processes. The latest release, SAP S/4HANA 1809 provides new innovations in a number of key industries.

In the area of Procurement, we’re delivering s number of Machine Learning capabilities with SAP S/4HANA 1809, for example:

• 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 we’re 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, we 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.

• Group reporting – The need to deliver accurate, up-to-date financial information continuously in a company’s consolidation process is not limited to the level of an individual entity. Therefore, SAP has introduced the SAP S/4HANA Finance for Group Reporting solution which provides direct access to the underlying transactions and detail across the entire enterprise so that a company can confidently and efficiently consolidate their financial and managerial results required in their closing cycles. It enables organizations to extend this evolution towards a continuous financial close on group level. It provides unprecedented transparency by delivering a complete flow of collection, processing, analysis and publication of the information.
• Embedded analytics – Most finance professionals will agree that it is often cumbersome to get interesting information out of their ERP system. Additional capabilities have been added to support business users in getting insights more flexibly and efficiently, so they can concentrate on acting on the information, rather than investing time in number crunching.
• Tax service – Global tax regulations get more diverse, complicated and change more often than ever before. Keeping up with the pace of change, typically in multiple systems, is a challenge. SAP’s response is a central tax determination engine with rules and rates maintained by SAP or its partners. With the SAP S/4HANA 1809 release, emphasis has been placed on enabling self-service tax management, facilitating an organizations chosen approach to reduce the risks and costs of inaccurate calculations and liability from non-compliance.

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. Check out our new Whitepaper, What's new in SAP S/4HANA 1809 and get started today...

What's new in SAP S/4HANA 1809

SAP S/4HANA® is a real-time enterprise resource management suite for digital business. It is built on advanced in-memory platform, SAP HANA, and offers personalized, consumer-grade user experience with SAP Fiori. Deployable in the cloud or on premise, SAP S/4HANA can drive instant value across all lines of business – no matter your industry or business size.

SAP S/4HANA is the digital core – the nerve center – of your entire business. It consolidates internal and external elements into a single, living structure that goes beyond traditional ERP software. In other words, it connects all of your processes, provides you with live information and insights, and seamlessly integrates your enterprise with the digital world at large.

The Intelligent Enterprise
Intelligent enterprises effectively use their data assets to achieve their desired outcomes faster – and with less risk. SAP is committed to helping every customer become a smart, best-run business and make the world run better.

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).

SAP HANA 1809 - The Intelligent ERP
SAP S/4HANA 1809, released in late 2018, significantly increases the possibilities for digital transformation across all lines of business. Imagine giving voice commands to your SAP ERP system and obtaining instant analytics. Or automating a large portion of your business processes, freeing employees for value-added activities. The streamlined architecture of the 1809 release is also scalable, enabling you to drive growth and profitability.

Industry innovations:

• Finance with Goods and Invoice Receipt Reconciliation leveraging machine learning, and the new SAP S/4HANA for Accruals Management, which is designed to support customers along the entire process of accruals
• Central Procurement, a big step in ERP landscape simplification and a functionality that will help you increase transparency across the procurement systems
• R&D innovation with the new Recipe Finder App and portfolio and project management analytics
• Manufacturing and Demand-Driven Replenishment, the game changer that helps you plan and manage supply chains based on customer demand, and not only via the traditional MRP procedures
• Retail and Fashion with new business scenarios including new planning strategies enhanced with segmentation functionality
• Banking, coming this release with and Loans Management / Deposits Management enhancements
• Public Sector, including major architecture simplifications
• Utilities with a new Analysis of meter reading, supported by an extended virtual data model
• Insurance, providing in that 1809 version a new Product configuration for insurance and digital products

Download our new Whitepaper: What's new in SAP S/4HANA today to learn more about the benefits and features of SAP S/HANA 1809.

2019 Technology and IT Predictions

Every year, the team at Approyo gathers a few predictions for the upcoming year. This year we decided to make two lists, one focused on the IT and business world and the other focused on consumer technology.

Top IT predictions for 2019

• Intelligent Data – Businesses are now understanding the impact of big data in the marketplace. The next step is using all that data in intelligent ways to be able to grow your business. In 2018, SAP introduced the concept of “Intelligent Enterprise”. This gives businesses the technology solutions needed to use all the data and make intelligent decisions to improve business, 
• AI and Machine Learning - Creating systems that learn, adapt and potentially act autonomously. In 2019 and beyond, these systems will work with people to create better business processes and improve the bottom line. SAP continues to innovate with SAP Leonardo. It has many features for AI and Machine Learning that can help companies today. 
• Security – As we mentioned in our first bullet point, data is one of the most important aspects of your business. Cloud and hosting partners will need to continue to adapt security measures to protect this valuable information. 

Top Consumer Technology predictions for 2019

• AI in every part of our lives – AI is impacting every part of our lives in ways we probably don’t think about. Digital assistants are becoming widespread, your email is not writing sentences for you and more companies are utilizing AI in everyday business practices. You probably are interacting with chat-bots online or on the phone and you might now even know it. 
• Faster Internet – The Internet is a part of every minute of our lives. Between phones, cameras, voice enabled home systems, computers and even refrigerators, more and more devices require an internet connection. Because of this new reality, 5g and faster Wi-Fi internet will continue to grow. 
• Digital Assistants become the norm – Since the introduction of Apple’s Suri, Google Assistant and Amazon's Alexa, the digital assistant has started to be part of our daily lives. Now and in the future, more and more devices will have a digital assistant built in. Everything from speakers, to cars and even appliances will now be enables with digital assistants to help you with daily tasks. 
• Security - We mentioned this on our IT list and it is here as well. More people than ever are online and use cloud services to store pictures, passwords, data and more. This means more phishing scams and hackers. People need to be aware of their security at home and at the office. Make sure you change your passwords on your online accounts and home devices. 

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Digital Transformation for Research and Development with SAP powered by Approyo

The market is experiencing a disruptive shift in customer demand for new, extensive, smart, and personalized products. The journey of a new product initiates from the research and development (R&D) department, where significant difference can be made to improve features and reduce cost. A successful R&D department brings new formulations and designs to life with speed and accuracy based on inputs from the marketplace, customers, and latest technologies. R&D integrates with downstream departments to manufacture, sell, and service products with higher quality and lower cost while continuously iterating formulations and designs to create more profitable, desirable, and reliable products.

SAP's industry-leading portfolio of cloud and industry-specific solutions is uniquely positioned to enable our customers’ digital transformation across all key aspects of their business value chain. SAP Leonardo capabilities combined with SAP S/4HANA as the digital core provide an intelligent, integrated, fast, and visual product innovation platform with built-in compliance. The SAP S/4HANA R&D/Engineering solution enables informed decision-making in ideation and concept development, portfolio and project management, product development, and compliance management. Smarter products are brought to the market faster and with full compliance.

With the new Industry 4.0 capabilities, customers can now personalize the product design in real time to meet their needs through the variant configuration engine. The production order moves with minimal human intervention through downstream processes such as product engineering, production engineering, and manufacturing to serve a “lot size of one” to the customers. Another paradigm shift is the capability to deliver consumer-centric business models so that you can “uberize” your business before someone else does.

SAP solutions powered by Approyo enable companies to substantially enhance, simplify, and visualize the entire R&D process from idea to product.

Increase revenue from new products by offering wider variants and personalized and smart products  - Run design and development processes on live insights into product performance and customer needs. Enable individualized products with flexible and high-performing configuration, formulation, and classification capabilities.

Accelerate time to market with real-time project control, informed product decisions, and streamlined compliance - Analyze live performance of the project portfolio with predictive insights at any stage of the innovation process. Reuse designs and recipes, work in an integrated development environment, handover to manufacturing seamlessly, and leverage embedded compliance to launch new products faster.

Reduce R&D expense by informed product decisions, integration of formulation and design tools, and efficient supplier collaboration
For discrete industries: Design and simulate in an integrated development environment (supporting mechanical, electrical, electronics, and software disciplines). Synchronize all downstream processes internally and externally with harmonized and consistent integration of different design tools.

For process industries: Streamline development of recipes with full process support from first trials to definition-of-process parameters, efficient reuse of existing formulations and specifications, and synchronization of all downstream product development needs internally and externally.

Improve profitability by having insights on cost of new products early on and across the lifecycle - Reduce existing product cost and launch new products with competitive pricing by simulating the impact of design decisions. Calculate cost and other dimensions for new products in the early stage of the product lifecycle to quickly identify cost drivers and compare alternatives.

Improve profitability of customer projects, such as engineer to order - Detailed project cost controlling and forecasting, including issue and change management.

Reduce compliance costs and recalls through embedded compliance in the R&D processes - Compliance checks are embedded in the system for R&D processes. The coverage extends to markets, industry, materials, and downstream processes.

Read the full blog post on www.approyo.com

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

SAP Announces SAP C/4HANA

Major news from the first morning at the 2018 SAP SAPPHIRE NOW Conference. SAP CEO Bill McDermott announced a new suite of applications, SAP C/4HANA, to help businesses serve and retain customers. SAP also announced the SAP HANA Data Management Suite, the industry’s first comprehensive data management solution that enables companies to turn data sprawl into business value.

Here is the full announcement from SAP.com:

SAP C/4HANA is an integrated offering designed to modernize the sales-only focus of legacy CRM solutions. Following the completed acquisitions of market leaders Hybris, Gigya and CallidusCloud, SAP now ties together solutions to support all front-office functions, such as consumer data protection, marketing, commerce, sales and customer service.

“SAP was the last to accept the status quo of CRM and is now the first to change it,” McDermott said. “The legacy CRM systems are all about sales; SAP C/4HANA is all about the consumer. We recognize that every part of a business needs to be focused on a single view of the consumer. When you connect all SAP applications together in an intelligent cloud suite, the demand chain directly fuels the behaviors of the supply chain.”

Building on the company’s reputation as an end-to-end business solutions provider, the new SAP C/4HANA suite will offer full integration with SAP’s business applications portfolio, led by its market-leading ERP suite, SAP S/4HANA. The combination of assets features new machine learning capabilities from SAP Leonardo, a set of intelligent technologies the company introduced last year, as well as the new SAP HANA Data Management Suite, which enables companies to gain visibility and control of their highly distributed data. The company’s overall strategy, focused on helping businesses run as intelligent enterprises, highlights the demand for a balanced approach to automation in the workplace.

More About SAP C/4HANA
The SAP C/4HANA portfolio includes SAP Marketing Cloud, SAP Commerce Cloud, SAP Service Cloud, SAP Customer Data Cloud (including the acquired Gigya solutions) and SAP Sales Cloud (including the acquired CallidusCloud solutions). Additionally, SAP Sales Cloud unites the SAP Hybris Revenue Cloud solution and SAP Hybris Cloud for Customer (comprised of SAP Hybris Sales Cloud and SAP Hybris Service Cloud solutions).

These cloud solutions — formerly on the market under the SAP Hybris brand name — as well as SAP’s commerce and customer engagement organization are now consolidated under the SAP Customer Experience business unit to support a consistent brand experience.

Read the full post on www.approyo.com 

Transform Finance with SAP solutions and Approyo

Enterprises today are increasingly experiencing a new normal of volatility that is fundamentally changing how they engage with their investors, customers, suppliers, regulators, and employees. This volatility is driven not only by traditional areas of currency exchange risk and commodity prices but also by macroeconomic volatility and rapidly changing consumer and employee preferences. Additionally, tax policy volatility and complex regulatory requirements are challenging finance to capture, analyze and provide deeper and more relevant real-time information.

The role of finance itself is evolving towards active engagement with business partners, simplifying and automating processes, enabling new questions to be asked that were never possible and delivering new insights during the decision-making process. Leading finance organizations are driving digital transformation and fundamentally changing the way they bill, collect, report, and pay taxes, and how they plan for and manage a constantly changing business. Finance’s role is expanding as it leans into innovation to creatively adapt to change, manage volatility, and to find new opportunities to create value.

SAP S/4HANA is the finance innovation platform that enables today’s digital business by bringing business processes and analytics together into a single, smooth, digital motion. It provides the foundation for continuous innovation by allowing customers to benefit from newest SAP Leonardo innovations as they emerge along with the ability to leverage extended finance for procurement, workforce management, travel & expense management, etc. The time to innovate and transform is now and SAP supports a live business for all roles of the office of the CFO.

SAP S/4HANA for central finance foundation
Provides a non-disruptive path to adopt SAP’s latest finance simplifications and innovations for customers with heterogeneous landscapes, out-of-maintenance, and/or highly customized SAP systems. It provides a unified financial and management platform to centralize process execution, planning, and reporting based on the same (single source of the truth) data. Benefits include advanced reporting at the segment, entity, or grouplevel; business-modelagnostic rollups for reorganizations and M&A modeling; scalable local and central process execution (complementing process execution in source ERPs); and a starting point for finance shared services across business units.

Transformation platform for the digital enterprise
Create an advanced digital data architecture (universal journal), a platform to include future innovations, asingle source of the truth for both transactions and analytics, and a digital core to include integration for workforce, network, customers, and new innovations enabled by SAP Leonardo, SAP Ariba, SAP Concur, SAP SuccessFactors, and SAP Fieldglass solutions.

Rapid value creation with minimal disruption
Massive simplification and optimization within SAP S/4HANA can be deployed with minimal business disruption to accelerate business value and capture and eliminate the need for overly complex processes. Additional value can be achieved by deploying solutions and templates within SAP Activate methodology, standardizing master data using the SAP Master Data Governance application, and focusing effort on the reduction or elimination of legacy custom code.

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Supply Chain and Manufacturing innovations in SAP S/4HANA 1709

The 1610 release of SAP S/4HANA brought advanced supply chain and manufacturing functionality such as production planning and detailed scheduling, advanced available to promise, and extended warehouse management directly into core ERP. This eliminated functional boundaries and allowed businesses to orchestrate end-to-end supply chain and manufacturing processes to better respond to customers’ demand for personalized products.

SAP S/4HANA 1709 continues the supply chain conversion path of the prior release by integrating the SAP Transportation Management application into the core, delivering the industry’s first truly converged supply chain and manufacturing ERP solution from planning and forecasting all the way to downstream production, execution, and transportation. In addition, logistics professionals can now take advantage of a new transportation cockpit as well as load consolidation, planning and optimization, automated carrier selection, and more. This reduces IT landscape complexity while simultaneously providing best-of-breed transportation tools to make your operations more efficient and effective. Plus SAP S/4HANA 1709 extends embedded analytics capabilities to cover transportation management.

SAP S/4HANA 1709 also allows you to leverage demand-driven material requirements planning in your supply chain and manufacturing environment. Now you can provide real-time prioritization of supply orders, dampen variability with strategic buffering, and shorten lead times.  This allows you to reduce cost with lower overall stock while ensuring high customer service levels. This new material requirements planning concept provides full demand transparency, decision support, instant insight, and immediate resolution based on lead time and consumption analytics.

Here are other notable supply chain and manufacturing innovations in SAP S/4HANA 1709:

• In warehouse management: integration of quality management processes and management for unplanned returns.
• In supplier relationship management: a new centralized purchase hub for consolidated purchase requisitions
• In manufacturing engineering: conversion of an engineering bill of materials (BOM) into a manufacturing BOM, 3D visual support for BOM items, and animated work instructions 
• In manufacturing for complex assembly: enhanced comprehensive planning environment, change impact analysis, and system-based shop-floor monitoring with automatic issue detection
• In extended production operations: enhanced monitor production orders and operations, root cause analysis and decision support for shop-floor operation issues, management of work queues and adjustments to existing production orders, and tracking and tracing of individual parts

How can SAP S/4HANA 1610 impact Manufacturing?

Unlock the next wave of productivity with the latest release of SAP S/4HANA. The next-generation ERP suite offers immediate insight, intelligence for better decisions, and integration within your organization and beyond. SAP S/4HANA provides the digital core you need to succeed in today’s digital world. Built on SAP HANA, the industry-leading in-memory computing platform, SAP S/4HANA can help you transform your organization, delivering a customized product or service to an audience of one, at global scale.

Use the digital core for greater insights on the shop floor.

Managing Production Planning in Your Digital Core
Cover product requirements with internal and external procurement proposals, and reduce total costs through optimal-order-for-shipment functionality that automatically optimizes orders to take advantage of transportation and capacity types.

Production planning and detailed scheduling has been integrated with SAP S/4HANA, allowing you to create production plans without relying on a separate planning instance. You can now optimize and plan resource schedules directly in the digital core, taking into account bottlenecks and other production challenges.

You can also speed and simplify production planning cycles with the use of the production scheduling board, a Web-based graphical scheduling tool that harnesses the power of production planning and detailed scheduling while simplifying and providing a visualization of the work effort.

Advanced ATP
Take advantage of the in-memory computing of SAP HANA to find mass product availability for sales, planned, and production orders, giving you new levels of visibility. Use advanced ATP for scarce product allocation based on almost any attribute – including underlying sales order, material, plant, or customer – to help ensure you maximize customer satisfaction according to your individual business rules.

You can complete back-order processing with new SAP Fiori apps utilizing requirement classifications that help you identify and fulfill the most critical orders in a timely fashion. The results can be aggregated at different levels and drilled into with complete granularity for easy identification and resolution of issues.

Helping Ensure Quality
Use integrated quality management to meet quality targets and exceed customer expectations. Quality inspection professionals including technicians, engineers, managers, auditors, and others are supported throughout the entire quality process. The simplified inspection process is integrated within the digital core to provide a seamless process throughout the value chain.

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