SAP has generated some of the best ERP systems in the digital world. They also keep updating their systems to ensure customers use the new features to keep up with the harsh competitive market. SAP introduced the first ERP system in 2015. It was the core of their intelligent enterprise to make the future better. Customers embraced the new SAP ERP with ease and used to take their companies to the next level.
SAP releases upgrade on their on-premise edition almost every year since the first ERP system. They first introduced SAP S/4HANA, a new piece in the intelligent system to revolutionize the systems. The upgrades come every year marked with 1511, 1610, 1709, 1809, 1909, and the most recent upgrade, 2020.
Every release is unique and offers specific functionalities to provide significant additions to the SAP platform. It is easy for a business to integrate business processes with these new upgrades. Several unintended consequences often offer positive values to companies that amaze the developers. Get to know details for some of the top six major on-premise releases on this article. Also, there are the most notable details on these upgrades. You will have the technical information to decide on the version of SAP S/4HANA that you want to use for your enterprise.
SAP S/4HANA: Release 1511
The update release 1511 came only nine months after the introduction of SAP S/4HANA. SAP introduced its first upgrade to offer new features that were not included in the first platform. The intention was to expand the ERP systems scope and its capabilities. It provided a huge step to ensuring the next generation of ERP to be a one-stop solution for businesses. The ERP facts o al customers to have the end-all-be-all ERP and boost sales, HR, with materials managements to firms.
The update addressed a litany of users’ requests extensively. SAP ensured they take all users’ ideas to make the new update that would be more customized than the first system. On the new update, one notable feature was introduced. The new SAP S/4HANA Finance came with a new version and applied a new focus on managing their supply chain and inventory. Therefore, it was more direct and usable for companies that wanted to increase customer experience by setting operations in motion.
SAP S/4HANA Finance used a wide range of resources to allow users to keep track of all their financial data, get a view of their closure process, and enjoy granular insights for all financial data and cash flow from business activities. The update also brought simplifications of the system to allow it to operate without a hitch. New materials for resource planning (MRP) further helped reduce manufacturing cycle time on a seamless material flow for internal requirements. Release 1511 offered more unique capabilities to SAP S/4HANA for production planning and inventory management.
SAP S/4HANA: Release 1610
The new releases were sizable to bring out more features and additions in the last update. It also continued to encompass the ERP platform with various lines of business. The focus was to ensure companies operating under the oil and gas industry find solutions to bots their performance by getting quality materials, inventory management with inventory views to plan a workbench.
The release featured a new look, style, and function for the SAP S/4HANA and was also made to run on the SAP Fiori 2.0 UX. The new design enhanced customer service usage, and new users could run the SAP S/4HANA on desktops, smartphones, and tablets. Having the ability to run these systems on the move was one of the best innovations from SAP. There was the need to show progress on business processes from anywhere, everywhere, anytime.
Also, customers were able to customize their systems. The SAP S/4HANA systems can offer different functions and solutions for various companies. It is easy for the customization process by downloading specific apps to apply their job functions and maintain a personalized view of the software on their desktops. The IT departments have an easy way to track business processes and share them with related departments.
Furthermore, the version featured an expansion on the finance component that was introduced first in 1511. It included an up-to-date view of the financial data. Therefore, it features some new features such as SAP RealSpend and SAP Financial Statement Insight components. SAP made the version o be a one-stop solution when it comes to all financial details. It would cover issues needed for the general ledger maintenance and boost profitability. The platform also gives a real-time conversion for the currencies used in transactions.
SAP S/4HANA: Release 1709
SAP introduced a significant change for this update. It ushered in a new upgrade to the SAP HANA 2.0 and marked the second generation of its software to use an in-memory database platform. Most SAP companies use data on-premise and on the cloud that needs to be sort and stored securely. The upgrade helps boost SAP S/4HANA’s overall performance as the best platform for enhancing the business processes.
The version offered a new feature for every new upgrade that was to come after it. Every software beyond 1709 is required to have SAP HANA 2.0 to run. SAP also used technological advancements of the machine learning capabilities and integrated them with the SAP S/4HANA. The new features introduced a new platform with different tools and applications to offer various tools and applications for summing figures and prevent redundancy in the platform.
SAP also brought a lot of changes to the SAP S/4HANA with 1709. It further optimized the platform to offer more advantages like transportation management and commodity management tools. The best way to boost season the companies using the new tool is to combine systems that operate together into one. It helps to keep the data clustered together and ensure shipments are accessible. In tune, keeping two data processes in line will reduce all data redundancy.
SAP S/4HANA: Release 1809
The 1809 release came one year after with improved technology of machine learning. SAP continued to use this technology on their platform to keep their system more robust. The SAP release marked the foundation for intelligent enterprise for a different solution like for several LoBs featuring machine learning capabilities.
The new features eliminate some of the top troubles that companies were facing in their business processes. It ensured that it eliminate data redundancies, increased automation, and offer a higher level of granularity to analytics and reporting.
There are various solutions for all LoBs. There was also a significant update for SAP S/4HANA Finance. Here, machine learning helps with invoice reconciliation. Furthermore, there was increased transparency in the procurement system for the companies. The innovation in planning strategies on this new release helped the retail and fashion industry further their process and increase the banking industry’s loan and deposit management enhancements.
SAP S/4HANA: Release 1909
SAP increased its updates that focus more on automation and machine learning. The release 1909 is made with more capabilities in the core of the platform. SAP sees it as the digital core, and its new architecture is embedded with automation and system intelligence that will help businesses across the world with the SAP S/4HANA platform.
The version also initiated much key innovation for the SAP S/4HANA key LoBs. They directly use the new automated capabilities for all processes required for sales enhancement. Also, the finance and sales components of the SAP S/4HANA had other significant updates. The financial users have access to group reporting and financial planning with the SAP Analytics Cloud.
SAP S/4HANA: Release 2020
The release of 2020 came during the pandemic. It was a complicated time where most people had no access to work due to restrictions. SAP used the new release to bring out key innovations and updates he SAP S/4HANA to match the road map for the solutions. There are various commitments for both the users and the developers.
SAP S/4HANA 2020 is the sixth on-premise release since the first solution was introduced to the market. For SAP, it is a complete solution that will offer customers a comprehensive solution. It is ahead of most of the SAP ECC, and every customer may want to migrate to the innovation with critical developments.
The several innovations included in the SAP S/4HANA 2020 include expansion of financial capabilities, brought up more added analytics to treasury functions to track cash flow and revenue. The new process can operate on nay systems since it is also easily customized with business platforms.
Also, the new release is integrated with the SAP Ariba network into the SAP S/4HANA. The integration allows both buyers and sellers to connect seamless connectivity for vital documents.
The supply chain for business also enjoys more service parts from the release. Its offers service parts for planning solutions that result in co-innovation with SAP customers. The procurement and sourcing side introduces a new dashboard for offering customers data insights on inventory consumption, central purchasing contracts, and critical KPIs.
SAP continues to offer solutions that are unmatched on the market. These new updates continue to bring out more features that will increase business processes to keep them operating effectively. You can choose any of the updates to keep your business running seamlessly.