These are all the new intelligent capabiltiies you can witness in SAP S/4HANA Cloud:
Follow all your revenues
SAP S/4HANA Cloud has strongly improved the process efficiency of bank statements. Even when you aren’t able to process your bank statement properly, you can utilise reprocessing rule functionality to define better rules on how to reprocess your failed statements. This also reduces the manual labor. With Finance innovation, you can make the best out of Revenue Planning integrated into SAP S/4HANA Cloud for getting a thorough plan on quantities, pricing, revenues, percentage deviations, profit and loss.
Procurement Process Management
Multiple functionalities are available within the procurement and purchase element of SAP S/4HANA Cloud. Machine Learning powered Intelligent Approval Workflow can help customers with a better influence on processes. The process has been robotised in the way that SAP S/4HANA Cloud can learn which processes involve less dependence on requisition approvals on the basis of supply source, pricing history and material group. Through this, the approver can focus on what is needed.
They have also introduced Situation Handling to manage RFQ submission deadlines. This way, you would know when there is a deadline approaching.
SAP Field Service Management
As for the release of SAP S/4HANA Cloud, you can collate service products, parts and expense items as composite services. This would help you bill a particular customer while analysing revenues, costs and profits for more bundled items.
You can further integrate from SAP Field Service Management via API. There is also a new contract type for usage-oriented billing. This paves way for easier billing and revenue recognition.
Better Insights on Quotations
With SAP Analytics Cloud integration, you can get better Sales functionalities. There is a new dashboard to help you analyse how successful the Sales process has been. This can also allow you to understand why the quotations has been rejected.
As for the release of SAP S/4HANA Cloud, we are here to welcome SAP Fiori 3. This user experience provides you with an opportunity to use the user-favorite “Quartz Light”. The user interface is also simplified with easy-to-use menu buttons.
Business Intelligence on the go
With embedded AI, you can get all the insights on notifications, analytics, tasks, recommendations for better situation handling. You can get the best out of Digital assistants with conversational UI integrated into the user experience.