It is this time of the year again! SAP S/4HANA Cloud, Private Edition 2023 release is here. It is my pleasure to guide you through a product tour on the 9th wave of innovations available for our private cloud customers.
You have certainly read the blog post from Bert O. Schulze sharing important information on this major release.
SAP has very successfully launched our offer RISE with SAP, a bundle of tailor-made ERP software, transformation services, business analytics, and partner expertise to guide you along your transformation to the cloud.
At the heart of RISE with SAP, there is SAP S/4HANA Cloud, private edition. This Cloud ERP is the foundation to run your business processes, drive innovation, and unlock efficiencies through intelligent automation.
Watch the video below to have an overview of what we have new on this release:
Businesses constantly seek innovative solutions to stay competitive and thrive. Artificial intelligence is a real game-changer which helps revolutionize industries across the globe.
SAP as a Cloud ERP leader, we’ve seen an increasing demand for solutions supported by artificial intelligence. AI into the core business processes, to help our customers make the right decision and perform at their best.
Of course, it is already a key topic in this release, and you will find below enough examples leveraging different “AI” technologies. In addition, we will deep-dive into new applications focusing on user experience, data insights, as well as collaboration and efficiency scenarios.
We start with innovations centered on the most important: the people, the users of the system. The first four highlights focus indeed on user experience.
Finance
We deliver the new SAP Fiori app for incoming payments – success rate, a feature that helps you to monitor and analyze incoming payments. The purpose is to optimize the clarification process and team workload. You can make better decisions with key details and feedback on the automatic matching of payment through machine learning. This feature will allow you to:
Figure 1: Analyze Incoming Payments to optimize the clarification process and team workload
Manufacturing
Here, we have a highlight in Production Planning with a modernized version of the SAP Fiori app Manage Material Coverage. Now you will work with a modernized look and feel improved layout, additional header information, and new icons; improved and new quick views with new layout and additional navigation options; flexible selection of the materials list; additional columns for displaying the stock-requirements list and the ability to download to Microsoft Excel.
The main benefits are improved usability, and an easy way to access relevant data that is needed to get the job done faster.
Figure 2: Manage Material Coverage with a modernized look and feel improved layout
Sourcing and Procurement
In this area, the product sourcing overview helps you to view analytical insights for sourcing projects and supplier quotations. This feature helps your business to coordinate with various stakeholders in the different stages of a sourcing project and get a complete overview of the various sourcing projects and associated quotations that require action. With that, you have a transparent view of the whole sourcing process.
Now you can display the following card on the overview screen:
Figure 3: Product Sourcing Overview for analytical insights on sourcing projects and supplier quotations
Industry – Public Sector
Here, the example of user experience is in the budget execution area: we ship a new SAP Fiori app to Manage Earmarked Funds. From now on, you can maintain earmarked funds documents using this SAP Fiori app to reserve budgets for expenditures outside of procurement. You can also create multilevel categories of earmarked funds documents that allow modeling of internal and external demands and commitments.
This feature brings several benefits:
Figure 4: Manage Earmarked Funds as a new SAP Fiori app
Supply Chain Management
My highlight here is located on extended service parts planning. With SAP Artificial Intelligence capabilities, we leverage ARIMA, the autoregressive integrated moving average algorithm. You can predict with ARIMA algorithm and additional external data and use automatic model selection to determine if ARIMA, ARIMAX or any other forecast model is the best fit.
The benefits include turning forecast based on demand history into future-looking forecast based on AI and considering potential disruptions to your business proactively.
Figure 5: ARIMA, autoregressive integrated moving average algorithm
Situation Handling
SAP Artificial Intelligence plays now a key role in monitoring custom situations for situation handling. This technology brings certain business events called “situations” to the attention of a relevant group of business users. AI helps you monitor the life cycle of situations created by the extended framework of Situation Handling with the Monitor Situations – Extended app.
You can see the occurrence, the status, and related business objects for object-based and message-based situations. This feature is essential to analyze the life cycles of situations efficiently during the whole cycle, from creation to closure. And analyze how situations are handled in detail.
Figure 6: Monitor Situations – Extended app to monitor the life cycle of situations
I decided to spotlight three innovations which bring you more flexibility in daily tasks, improve collaboration between teams, and reduce manual efforts and unnecessary work. These are key points to improve your workflow. The following highlights are in manufacturing, sales and asset management.
Manufacturing
This feature is part of extended production engineering. We improved the ability to identify maturity level of bill of material (BOM) using BOM status, to allow product and production engineers to work in parallel. This is very useful if the production process of your company involves multiple teams and departments and if you make numerous changes to the BOMs throughout the process. From now on, you will have more flexibility and the possibility to give an early start in processes.
Now you will find the following options:
Figure 7: Maintain Bill of Material allows product and production engineers to work in parallel
Sales
In sales, we ship a highlight in claims, returns, and refund management. With a new feature, you can suspend product valuation initiated by a refund in the customer returns process. In the returns order item, you can now indicate if the product valuation for any refund decisions made is delayed, until the final logistical follow-up activity is confirmed.
Only the final logistical follow-up activity determines whether the product valuation should occur. This enables customer returns with an early refund during item creation without the valuation of corresponding returned goods at the first goods receipt.
The main benefits are:
Figure 8: Returns Order Item: suspend product valuation initiated by a refund in the customer returns process
Asset Management
SAP now offers a great automation example, with the option to generate recurring schedules automatically, with the SAP Fiori app Generate Recurring Schedules.
If you have schedules that are repeated at regular intervals, now you will have them created automatically. It is also possible to create some rules, based on:
There is also the option to add operations to the schedule during automatic creation, based on the following criteria:
The SAP Fiori app helps your business to reduce manual effort in creating schedules, increases planning efficiency with automatic schedules, and reduces the risk of leaving out relevant operation.
Figure 9: Generate Recurring Schedules to create schedules automatically
Data insights is a key area to remember how your ERP helps you analyze valuable information and guides you in making informed, data-driven decisions. Here, I highlight an innovation at utilities industry.
Utilities
SAP provides an innovation for the analysis and management of utilities clarification cases in business process exception management. In this case, focused on bill to cash for energy prosumers.
First, it is now possible to analyze clarification cases thanks to the new core data services, CDS cube and CDS query. And second, we have provided the SAP Fiori launchpad content for the SAP Fiore role “operations specialist”. You will also find SAP Fiori apps for analysis and management of clarification cases in the meter-to-cash processes of SAP for utilities solutions.
Our main goal is to improve business processes by creating key performance indicators (KPIs) for managing exceptions. We also aim at enhancing user productivity with an easy-to-use app for analyzing clarification cases.
Figure 10: Clarification Case Overview to analysis and management of utilities clarification cases
Sustainability and Environment, Health, and Safety
We have an innovation that integrates sustainability and environment, health, and safety. This is a crucial area for companies that want to comply with legal and regulatory requirements related to environmental protection and worker safety.
Here, we present the provision of greenhouse gas emissions data to support integration with SAP Sustainability Control Tower. That’s it: we are enabling the integration of SAP EHS Management, environment management with SAP Sustainability Control Tower. Now, we also provide back-end adaptations of the existing CDS views in SAP Environment, Health, and Safety Management (SAP EHS Management).
This integration is fundamental and supports your business in:
Figure 11: Integration of SAP EHS Management, environment management with SAP Sustainability Control Tower
Product Lifecycle Management (PLM)
This innovation focuses on PLM, more specifically on Product Change Management. SAP provides now support for multiple occurrences of a change item in change records. Users can add the same component multiple times into a change record as a change item if the relevancy is different.
This feature enables you to document the relevance type of each change item. With that, you can indicate if the item is the root cause (problem item), impacted or solving the product issue or requirement (solution item). Then, you increase transparency over the different phases of a product change.
Figure 12: Multiple occurrence of a change item
Enterprise Portfolio and Project Management (EPPM)
In project financials control for EPPM, we present the new SAP Fiori app to schedule project forecasting jobs: Project Cost Forecast. This function allows users to determine the remaining costs and the costs to complete for projects based on plan, forecast, commitment, and actual values in the network during the execution phase.
The feature brings more transparency, possibilities on planning and a relevant use in calculating project costs.
These are my selected highlights from the SAP S/4HANA Cloud, private edition 2023 release. You can find the entire overview of innovations in the What’s New Document published on the SAP Help Portal .
This blog post covers only selected innovations for selected LoBs and industries. You can find the entire overview of innovations in the What’s New Document published on the SAP Help Portal.
Figure 13: Project scheduling in EPPM
To get further insights into our SAP S/4HANA Cloud, private edition 2023 release, stay tuned for Yannick Peterschmitt’s deep dive of the release highlights and read his upcoming blog post.
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