The global spending on digital transformation by 2024 is expected to be $2.4 Tn. In this growing economy, a large number of organizations are feeling the pressure to undergo digital transformation. The Pandemic has not only supported this cause but also augmented it in many ways. Organizations that were apprehensive for a long time had to decide overnight to transform their processes and systems.
Companies need to think of seamlessness in processes and communication. For example, planning, resource allocation and spend optimization require much effort from the business heads. However, aligning the different segments and automating various enterprise functions makes way for real-time insights and better decision-making.
SAP S/4HANA & Digital Transformation
In the new economic context, SAP S/4HANA is the ideal solution to meet your digital transformation goals. First, let us understand how this flagship enterprise management product from SAP works and adds value to your enterprise management practices.
As a business, you want to gain access to all the valuable data generated across the departments. With S/4HANA’s in-memory database, you can access all the data and retrieve it in real-time. It helps build insights that offer better visibility and control into your shop floor activities.
The actionable insights derived from the available data also allow you to improve your decision-making. SAP S/4HANA paves the way for digital transformation by bridging your legacy system landscape with new-age enterprise application stacks.
The SAP S/4HANA Roadmap to Transformation
If you are planning to embark on an enterprise digital transformation journey using SAP S/4HANA, the following milestones in your roadmap will help you to reach the destination with certainty:
#1 The Requirement Study
It is an important stepping stone to your journey, ensuring that you can have an optimum return on your digital transformation spendings. Instead of implementing SAP S/4HANA right out of the box, you should pinpoint the areas demanding its intervention. For a flexible solution like SAP S/4HANA that is available both in a SaaS and an on-premise version, you need to explore the available opportunities within your business, lay down the requirements and study the scope for the transformation.
In this process, it is better to seek the assistance of an experienced digital transformation partner who can help review the requirements and analyze the business scenario, consistently matching them with unique SAP capabilities.
#2 Prepare the Business
Your processes and people are hardwired to the old ways of working. Digital transformation also calls for seamless change management, acclimatizing your workforce and processes to the new SAP technologies that you are onboarding. There will be a significant shift in the work culture, the processes, and other aspects post the transformation.
While you are planning and strategizing for the transformation journey, prepare your business for the new culture. You want to make the change as robust and acceptable as possible. Co-develop a change management strategy along with your digital transformation partner that will ensure a smooth transition from your legacy enterprise management application into SAP S/4HANA-driven realities.
#3 Execute the Plan
Once you have the strategy, it is time for execution. First, you need to add all the systems and functionality that can enrich the customer’s journey. For example, adding SAP Fiori will improve the usability and experience of the end-user. Similarly, identify ways to migrate the business data from the existing enterprise systems into the SAP S/4HANA environment.
Agility throughout the transformation journey is vital to ensure a smooth and seamless transition. You must check the implementation and consult an expert before going live and commencing business as usual. This will help you move forward in a guided manner, and it will also accelerate the entire process owing to the planned execution.
If you plan to transform your organization with SAP S/4HANA’s postmodern enterprise management features, then we can surely help! Connect with our team of SAP consultants and industry experts at Percipere for a detailed scope and defined planning of your transformation journey.