Today, numerous business organizations use SAP S/4 HANA to effectively manage all the business operations, ranging from finance to marketing, sales, manufacturing, human resources, and more. However, if these organizations can combine the capabilities of SAP Analytics Cloud with SAP S/4 HANA, it can benefit them in numerous ways.
Both the solutions have their unique features and capabilities; integrating both solutions can allow businesses to realize their goals at a much faster pace.
However, it is worth mentioning that SAP S/4 HANA has its embedded analytics as a standard feature. Combining that with a separate analytics tool, especially the SAP Analytics Cloud, can do many wonders for the organization.
Therefore, to better understand, we’ll be looking at how the combination of SAP S/4 HANA and SAP Analytics Cloud enhances the value of both solutions. But before that, let us get a better understanding of both solutions.
What is SAP S/4 HANA?
SAP S/4 HANA is an exceptional enterprise resource planning (ERP) that comes with enhanced built-in intelligent technologies such as machine learning, artificial intelligence (AI), and advanced analytics. This ERP is perfect for businesses planning to adopt new business models and manage the fast changes in the company without any hassle.
Further, with HANA in their systems, organizations can manage the external and internal resources of the business while leveraging the enhanced capabilities of artificial intelligence and predictive analysis. One of the primary advantages of using the SAP S/4 HANA is the in-memory data model that facilitates seamless navigation between different business processes.
What is SAP Analytics Cloud?
SAP Analytics Cloud, also known as SAC, is a cloud-based business intelligence solution offered by SAP. The product was mainly developed to bring together all the analytics capabilities into one unified platform. As a result, SAP Analytics Cloud was natively built on the SAP HANA Cloud Platform (HCP). The advanced capabilities of the platform help decision-makers of an organization leverage business intelligence to plan, visualize and even make calculated predictions to drive better and informed decisions, while minimizing the risks for the business.
Unlike any other business intelligence platform, the SAP Analytics Cloud brings together all the analytics functionalities and data sources to enhance the pace of making decisions. This way, organizations can stay ahead in the competition and benefit from every single opportunity that comes along the way.
Why is it a good idea to combine both SAP S/4 HANA and SAP Analytics Cloud?
As mentioned earlier, SAP S/4 HANA comes with its own embedded analytics, which sounds similar to SAP Analytics Cloud. So, one might wonder if both are more or less similar, then what is the point in combining both. Well, let us find the answer to that question without further delay.
Integration of All the Data Sources
The first reason is that SAP Analytics Cloud can bring in data from both SAP and non-SAP data sources. This enables the organization to access a better and enhanced overview of the entire business. In addition, organizations can access and analyze data from different sources, including SAP SuccessFactors, Salesforce, SAP Fieldglass, SAP Concur, Google Analytics, and SAP Ariba. As a result, organizations can leverage this unified approach and facilitate seamless and fast access to information, which helps businesses drive effective and informed decision-making.
Integration of Digital Boardroom
The SAP Analytics Cloud has another unique characteristic known as the SAP digital boardroom. Gone are the days of tedious presentations because this enables businesses to have interactive discussions about different aspects of the company based on live data from all the sources. There are many perks of carrying out discussions based on live data because the decision-makers can clear their doubts during the presentation, eliminate the delay in approval and management of data, and enhance the productivity of business operations. Furthermore, this enables businesses to evaluate the data from other third parties and competitors while getting access to a real-time overview of the stats related to the business.
Seamless Access to Data and Information
SAP S/4 HANA and SAP Analytics Cloud can both be deployed in the cloud, and SAC also has its mobile app for iOS. This means that decision-makers and management can get seamless access to real-time data and information from any place with an internet connection. Not just that, the mobile application also enables users to view and share stories on mobile devices. In addition, there is no requirement to worry about any security breach because all data is stored securely in the cloud.
Driving Digital Revolution
As seen in many cases, most businesses make the best possible use of SAP Analytics Cloud right in the initial planning stages. SAC also brings together data from different sources, be it from SAP solutions or non-SAP platforms. This way, businesses can get an overall view of the entire business and make better and informed decisions based on that data. This enables the companies to make decisions quicker and stay a step ahead of the competitors at all times. Further, businesses can even leverage these analytics feature to determine the return on investment, prioritize conversions, and boost the overall outcomes of the business.
Highly Sophisticated Modeling Potential
SAP Analytics Cloud comes with enhanced modeling potential that is compatible with SAP S/4 HANA. Businesses can leverage this control and customize their data without any hassle. These data modeling capabilities enable companies to clean their data and carry out highly accurate analyses. Furthermore, businesses can set up multi-level hierarchies, advanced aggregation, and formulas, correct errors on a large scale, facilitate currency conversion, and more.
These advantages of using SAP S/4 HANA and SAP Analytics Cloud together become more evident as an organization begins to use the solutions. In addition, numerous experts in Accely can help a business get the most out of the features and functionalities of these solutions. All in all, irrespective of the scale or industry of the business, every business can benefit from the enhanced capabilities that come with SAP HANA Migration and implementation of the SAP Analytics Cloud.