SAP is releasing an S/4 HANA Cloud update that further enhances user experience and improves the platform’s machine learning capabilities.
Replacing the manual aspects of day-to-day finance with automation is a core focus at SAP S/4HANA Cloud. The latest update takes aim at financial transactions and reporting on currency risks by including treasury management. Treasury deals such as fixed term deposits, FX forwards, and interest rate swaps can be managed with ease.
There are further updates to risk management, contract and lease management, and debt and investment management.
Integration with SAP Analytics Cloud for Planning streamlines the financial planning, budgeting, and forecasting processes.
Centralized hub deployment allows customers to run purchase requisition processes as a shared service center capability. Customers can connect multiple back-end systems to a central SAP S/4HANA Cloud.
In this release, demand driven replenishment helps users plan and manage supply chains efficiently based on customer demand.
Other updates include enabling the integration of physical warehouses operated by third-party warehouse management solutions (warehouse management systems, or WMS) to SAP S/4HANA Cloud to cover sales and procurement processes.
Enhancements for professional services within the platform include advances in resource scheduling (RSH), time and expense management, project profitability and more.
Direct staffing from the RSH application now allows resource managers to create assignments for resource requests (project work package roles) to the best fitting resources.
To better enable global operations, SAP S/4HANA Cloud now supports core functionality for financial planning, consolidation, and profitability that works across subsidiaries.
For more information about these updates, visit www.sap.com.