Digital transformation is central for any organization for their Industry 4.0 journey. Digitization and IoT are bringing numerous benefits to companies across industries. SAP solutions are at the forefront of this latest industrial revolution enabling rapid innovation with digital technologies. Their newest go-to-market offering, RISE with SAP, provides intelligent enterprises a bundle of products and services. These include SAP S/4HANA, tools and services for migration, SAP Business Technology Platform, and Business Process Intelligence. RISE with SAP allows the transformation and migration of mission-critical functions while reducing business risk. This blog will discuss how RISE with SAP supports Industry 4.0.
Key Benefits of RISE with SAP for Industry 4.0
Every organization today is adapting tpo constant change and develop new business models. RISE with SAP offers rapid innovation, accelerated cloud enablement and business process intelligence.
Rapid Innovation
Businesses need to continuously innovate and adopt new business models to generate new revenue streams and support growth. One way of doing this is to create value by delivering outcomes and positive experiences throughout the value chain. An increase in revenue and faster time-to-market are a part of the transformation that is expected from Industry 4.0.
SAP S/4 HANA is the core of RISE with SAP. It empowers data-driven processes that can adapt quickly and deliver new outcome-based services. This also creates sustainability for businesses with company-wide controls that promote transparency. This supports business growth with increased margins and market differentiation for your business. The solution promotes better ROI and steady progress in the digital transformation journey with built-in industry-specific processes and best practices.
Accelerated Cloud Enablement
Conducting business from any part of the globe needs cloud solutions. Cloud capabilities make for an intelligent enterprise that can mitigate risks, reduce cost, and accelerate value. Cloud enablement is easier said than done as it involves technical and practical challenges. With the support of a reliable partner and platform, integration of processes, migration from legacy systems, and adoption by employees becomes more efficient.
RISE with SAP offers Business Process Intelligence (BPI) along with a combination of tools and technologies that accelerate your cloud capabilities.
- The SAP portfolio allows end-to-end automation and process optimization. Pre-built integrations and extension tools for industry-specific use cases further enable cloud capabilities. SAP S/4HANA, Business Technology Platform, Business Networks, Industry Cloud, HXM, etc. are some of the tools available that aid data-driven processes and improve employee engagement with task automation.
- The available tools like Readiness Check provide technical guidance to customers for SAP S/4HANA migration for existing SAP users. This includes identifying efforts and changes needed for adoption, which ultimately reduces transformation risk. Another tool that helps in making the most of migration is Custom Code. This will analyze custom codes in the current SAP ERP and guide customers about any custom code that could be left behind. As a result, customers get the most of SAP ERP investment with a reduction in custom code footprint.
- RISE with SAP encourages data-driven processes that help in identifying process inefficiencies. Through Business Process intelligence (BPI), it creates an awareness of the need for change and provides tailored recommendations for SAP S/4 HANA that can be leveraged. Improvement in business processes results in faster time-to-value and improved process efficiencies that result in value creation for your organization.
Maximized Profitability
‘Bottom line’ is one of the most critical considerations guiding business decisions. Reviewing historical and current cost heads helps in gaining insights for process improvements and allows you to create synergies between different functions of the organization. The inherent capabilities of RISE with SAP in manufacturing and supply chain solutions enable you to detect opportunities for cost optimization in manufacturing, procurement, and planning. In addition, robotic Process Automation with SAP tools helps automation of repetitive tasks like accounting and invoicing with real-time profitability reporting. This helps in cost optimization and increased profitability.
Partner with Experts
SAP ERP systems are a huge undertaking that affects every part of your organization. The need is to get it right the first time so that you can reap the rewards of your SAP investment and not spend additional time and resources in rectifying an improper implementation. At ComTEK, our deep SAP expertise has delivered tangible benefits for our clients across industries and verticals. In addition, we offer end-to-end transformation services with SAP, including the latest RISE with SAP capabilities.
For more information or queries, reach out to our experts at thecomtek.com or write to us at info@thecomtek.com