Understanding SAP

Irrespective of their industrial sectors, mode of operations, and products, business owners always wish to offer unique experiences to consumers. Following the best practices, innovative product development tips, and experts suggestions prove to be highly important. SAP software applications make your task easier by creating ample opportunities for business transformations.

No matter which industrial sector you are operating in, SAP solutions and software applications will play the pivotal part. You have to identify specific business needs and then incorporate SAP innovations into the existing processes. Here are some benefits of leveraging the SAP technology:

• CRM: Customer Relationship Management turns into a cakewalk with innovative SAP applications. You have to choose the right product to strengthen positive relationships with your consumers.
• ERP or Enterprise Resource Planning: ERP is a crucial necessity for every organization today. With integrated SAP solutions, businesses can scale up their organization.
• SCM or Supply Chain Management: SAP revolutionizes SCM to a great extent. Supply experts and product developers have to opt for the right solutions in this regard.
• PLM or Product Lifecycle Management: SAP comes up with quite a few innovative products. Product Lifecycle Management is an essential task for present-day business organizations, and an innovative SAP software will render useful assistance to product developers.
• SRM or Supplier Relationship Management: Stay on track, get regular updates, and get notified on supplier terms. SAP makes Supplier Relationship Management easy and convenient.

These are some of the processes where SAP solutions play the vital role. In a nutshell, it can revolutionize your existing business architecture and change it for the better.

Knowing the SAP solutions

No two business organizations are similar in their operations and functionalities. Most importantly, they cater to a diverse clientele and perform distinctive functionalities. Quite naturally, you will have to use targeted and specific software solutions for each of these purposes. Here’s a list of innovative SAP applications:

1. HANA

Make informed decisions and emerge as the leaders of the respective industry. SAP HANA will help you strategize and create the perfect organizational moves.

2. SAP Hybris

If you want to embrace digital business transformations, SAP hybris will prove to be the perfect option. From ecommerce operations and billing to marketing and sales, there’s nothing that Hybris can’t renovate. It’s a dynamic solution that can add a unique touch of dynamism to existing business structures.

3. Success Factors

Those working on the SaaS model and striving hard to leverage it for better business benefits, Success Factors will emerge as the best solution. As an innovative business solution, Success Factors makes the most out of Software-as-a-Service models.

4. ERP

SAP offers quite a few options for Enterprise Resource Planning. Whether it’s sales management, procurement, or manufacturing, ERP will ensure streamlined operations.

5. Business One

Whether you run a colossal enterprise or a small-scale venture, SAP Business One will prove to be the best solution. By automating key operations in your business, Business One will make room for innovations.

Final thoughts

Depending on your business needs and requirements, you can embrace the SAP innovation for better profits and huge ROIs.

The Digital HR

SAP ERP is proven to improve the productivity of the business, lower down the cost and helps in making the strategic business decision. Its new version upgrade released in 2016 makes it more powerful and robust than before. By integrating SAP, you can streamline and automate a major portion of the core HR processes. Right from workforce management and payroll processing to recruiting and time and attendance, SAP seeks to bump up employee engagement in your organization.

Features of SAP

SAP ERP is one of the most powerful enterprise planning software available in the market today. Though it has many competitors in the market, still it has managed to retain its most popular and sought- after position. The main reason behind its popularity is its ability to sync together different business operations in an efficient way. Once installed, it can integrate human resource, customer relationship data, finance, business sales and services, procurement and logistics easily.

How does it affect HR process?

“Human Resource isn’t a thing we do. It’s a thing that runs our business.”

Human resource department is the backbone of your organization. This department has to manage different kinds of data like payroll records, personnel files, administration, compliance records, etc. The SAP HCM (Human Capital Management) module helps you to automate the core HR services.

Some of the ways SAP HCM has a lasting impact on your HR function include –

• Consolidate the HR data

SAP helps to consolidate and streamline the core HR and payroll processes with its cloud- based technology. The insightful reports further help to develop and execute strategies that ultimately benefits the business.

Apart from that, streamlining the legal and corporate compliances at the local level helps to provide the best results for the business.

• Find and manage talent

One of the primary functions of HR is to recruit the right candidate for the job. SAP helps to find, source and manage all kinds of external talent, including independent contractors and flexible talent pools. With its cloud based technology, talent optimization has become easier than before.

• Improved productivity and ROI

Now, there is no need to worry about significant HR data as SAP solutions help to keep it at a single place. This in turn, help a business man to focus on its core activities and neglect the other areas to the concerned department.

• Have a clear picture of your workforce

With a single HR system record; a business can have a clear picture of its entire workforce. Based on that he/she can drive workforce planning (“planning how many people together can help to achieve the results?”, “what’s the revenue from a single employee?”, “is ROI on human capital greater than ROI on working capital?”)

• Amazing reporting capabilities

In a traditional HRMS, reporting is based on the manual feeding of information by HR staff. This leads to inaccuracy and errors creeping in. With SAP HCM, the entire process is automated. Also the rich interactive reports that management uses is accurate and up-to-date. Users can also create custom reports easily without the need for deep technical knowledge.

With these benefits, the SAP HCM module comes across as a real value booster for your organization’s HR functions.