Intelligent ERP Summary: SAP S/4HANA Cloud 1902 Release
Exactly as planned, SAP has released SAP S/4HANA Cloud 1902 on February 4, 2019. Just like in the past quarters, we continue to further innovate and refine our intelligent ERP solution which enables our customers to increase their company’s agility and flexibility to meet the challenges of a dynamically changing marketplace. SAP S/4HANA 1902 brings you even better insight and greater connectivity, e.g. in finance with our financial close and time-based revenue recognition according to IFRS15.
This blog provides the key 1902 highlights of our intelligent, next-generation cloud ERP solution. To get up to speed quickly, you can check out my video below for an overview of the brand-new innovations that power the customer journey to the intelligent enterprise suite. In addition, you can read my blog with the release update for SAP S/4HANA Cloud 1902.
Intelligent Cloud ERP: Key Business Scenarios
Are you interested in learning more about intelligent cloud ERP and how some concrete intelligent business scenarios can improve your business? In his blog and his video, Yannick Peterschmitt provides a glimpse of the key innovations delivered with SAP S/4HANA Cloud 1902 as well as functionality on the roadmap.
Do you want to learn more about the key innovations for Finance within SAP S/4HANA 1902? Ulrich Hauke shares his insights into valuable innovations, such as Advanced Financial Closing, enhancements regarding group reporting, time-based revenue recognition according to the IFRS15, and much more. Check out his blog and his video below.
Manufacturing and Supply Chain
Do you want to learn more about our innovations for Manufacturing and Supply Chain? In his blog and his video, Gerhard Welker illustrates our top innovations for these two areas within SAP S/4HANA Cloud 1902: the new app ‘Inventory KPI Analysis’ and the Capacity Planning in SAP S/4HANA Cloud.
Sourcing and Procurement
Do you want to know what new functionality SAP S/4HANA Cloud 1902 offers when it comes to Sourcing and Procurement? The video by Yannick Peterschmitt and the blog by Sai Madhav Suryadevara highlight two new use cases for situation handling: one for overdue PO, contract expiry, and consumption and the other one for supplier delivery deficit and overdue confirmation of purchase requisition items. Another important innovation is the new analytical app ‘Purchase Order Item Changes’.
Watch the video and read the blog from Katharina Stopf if you want to learn more about the 1902 innovations for the Professional Services industry such as the new functionality for Unit Based Planning and Billing, for work location in time recording, and preliminary billing.
Enterprise Portfolio and Project Management
Interested to know what new functionality SAP S/4HANA Cloud 1902 offers when it comes to Enterprise Portfolio and Project Management? In her video and her blog, Corina Kinzel highlights important innovations for our two foundation processes ‘Project Financial Control’ (1NT) and ‘Project Review’ (1YF):
Project budget reporting and availability control across fiscal years including situations handling, a new OData API to create, update and delete work packages for enterprise projects as well as new project migration options.
If you want to learn about the innovations in SAP S/4HANA Cloud 1902 for Service, see the video and the blog from Parvathy Sankar. Here, she illustrates the brand-new functionality regarding service orders, service contracts, service confirmations, pricing, billing, and event-based revenue recognition for service contracts.
Watch the video from Shiva Kumar H S and read the blog from Srivatsan Santhanam if you want to learn more about the 1902 Finance innovations for two-tier ERP deployment such as the treasury payment request integration and the SAP Global Trade Services integration with SAP S/4HANA Cloud for compliance management.
Do you want to know what new functionality SAP S/4HANA Cloud 1902 offers when it comes to Analytics? In his video and his blog, Hardeep Tulsi highlights the top 3 business-driven innovations to analyze your data using analytics capabilities: Sales SAP S/4HANA Cloud content with SAP Analytics Cloud, real-time accounts receivable finance analytics (financial planning and analysis SAP Analytics Cloud content), and
Procurement cloud content with SAP Analytics Cloud.
Read the blog from Holger Steffens if you would like to learn more about the 1902 innovations for SAP Activate such as leveraging the implementation portal for SAP S/4HANA Cloud for fast and guided deployments, updated best practices for SAP S/4HANA Cloud 1902 available now, and refreshed prescriptive guidance for deployment in the SAP Activate methodology for SAP S/4HANA Cloud 1902.
Are you interested to know what is new for Asset Management in SAP S/4HANA Cloud 1902? In his blog, Gerhard Welker illustrates the new functionality for the mass generation of orders for maintenance notifications, mass change of scheduling data for maintenance notifications, and mass change of scheduling data for maintenance orders.
For more information on SAP S/4HANA Cloud, check out the following links:
- SAP S/4HANA Cloud release info: http://www.sap.com/s4-cloudrelease
- My 1902 product update here
- My 1902 blog on SAP News here
- Best practices for SAP S/4HANA Cloud here
- SAP S/4HANA Cloud User Community: register here
- Feature Scope Description here
- What’s New here
- Help Portal Product Page here
Follow us via @SAP and #S4HANA, or myself via @SDenecken