ERP as Software-as-a-Service – Benefits of S/4HANA Cloud
Key Takeaways
⇨ SaaS ERP comes with a lot of benefits for companies and therefore we will see an increasing adoption of SaaS ERP systems.
⇨ SAP S/4HANA Cloud is the SaaS ERP solution from SAP, which differentiates not only with its rich set of functionalities, but more importantly with its overall product qualities and experience.
⇨ Leverage the SAP Activate framework to implement SAP S/4HANA Cloud.
In this expert piece, we will demonstrate the benefits of utilizing ERP as Software-as-a-Service in the S/4HANA cloud.
ERP software has been a success over the last decades and key ERP vendors like SAP have continuously adapted their ERP software to cater to changing market situations and customer requirements. The value proposition of ERP software hasn’t changed over the years.
Companies still care about increasing their revenue, improving their profitability and decreasing their risks. There was always software available to support companies with dedicated business challenges along with the option to develop their own software.
However, ERP software creates a single source of truth of the company’s business data, facilitates business processes across different lines of businesses and comes with best practices for a huge set of business processes. Vendors also provide software updates to cope with the current legal requirements in global markets. The current market conditions are more dynamic and less predictable than they were over the last few decades.
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