My top picks from the SAP S/4HANA Cloud 2005 – 2020 Q2 release
I will admit I am always extremely excited to check out what’s new with each SAP product release. Check out my previous posts for the 1909 and 2002 updates to learn more about other prior innovations.
Q2 is here and SAP has just released its newest version of the S4/HANA cloud system, version 2005. This release is a great new update with many functional and technical innovations. In this release alone, there are 100+ new features being introduced. That said, you can imagine how hard it was to pick my top handful items but let me try to take a stab at it and share with you what I consider to be the most interesting updates.
Let’s talk numbers first
My top-picks for the 2005 release
Before I go through my top updates, let me tell you my thought process. First, I have decided to only look through the new features in the 2005 release. Second, I have pre-determined 3 groups to help me stratify my most important updates. Lastly, I mapped my top picks against the pre-determined groups and rationalizing toward the most interesting ones I saw.
|Area 1 – Compliance updates: These are the key changes related to management compliance and risk management activities including access management, audit logs configurations and any configurations supporting core SAP activities.|
|Number 1 – Enhanced features in the IAM Key Figures app to better manage user credentials.
Number 2 – Enhanced IAM features to allow for a better user and role management experience.
Bonus point: Like any new release, changes to the Identity and Access Management (IAM) objects require the Security team to recheck the business roles and the business catalogs assigned to them. The team must ensure that the restrictions included in the business catalogs are set correctly to allow the users to use their business apps as needed. There is a central spreadsheet listing all changes relating to identity and access management (IAM) that have been introduced since the previous release. These changes affect applications, business catalogs, business role templates, and restriction type assignments. You can find this spreadsheet attached to SAP Note 2902340
|Area 2 – Automation and Analytics updates: These are the key changes related to how SAP S4 assists business leads in conducting their daily operations by either automating repeatable tasks or providing new insights across the business processes.|
|Number 3 – SAP Cash Application now intelligently propose reprocessing rules based on your past data.
Number 4 – Embedded with SAP Analytics Cloud, pre-loaded analytics content is integrated out of the box for easier data reporting integration.
|Area 3 – Business Process Design updates: These are the key changes related to execution of key business process activities and tasks, including update to any workflows, new reports, key business process configurations.|
|Number 5 – Sales order created outside SAP system can be uploaded using a new process.
Number 6 – Additional details can be maintained for Customer and Suppliers/Vendors master data.
As mentioned earlier, the above are just a glimpse of the changes introduced in the latest S/4HANA Cloud 2005 release. If you have not started planning to integrate the S/4HANA Cloud version, make sure that you reach out to me and we can chat about your options and how the cloud solution can fit in your environment.
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The views, information or opinions expressed in this short article are views of my own. All information in this article is provided “as is”, with no guarantee of completeness, accuracy, timeliness or of the results obtained from the use of this information.