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May 10, 2017
2 Highlights of the SAP S/4 HANA Cloud 1705 Release

May 9 marks the general availability of SAP #S4HANA Cloud 1705 Release. This release provides multiple innovations and enhancements, from Finance, to Manufacturing and Procurement. To make the communication between these different functionalities much easier, SAP developed a digital assistant, SAP CoPilot. And SAP increased efficiency by fostering the usage of machine learning capabilities.

You can watch the video done by Sven Denecken, VP, Head of Product Management and Co-Innovation S/4HANA at SAP SE on the new release of SAP Hana 1705.

 

 

SAP CoPilot
SAP build on SAP Fiori 2.0 user experience and introduce CoPilot in SAP SAP S/4HANA Cloud 1705, which helps users get their work done more efficiently. SAP CoPilot 1705 is the first step towards a digital assistant for the enterprise: aware of your business context, SAP CoPilot helps you efficiently collaborate, supporting issue resolution and follow-ups and helping you take immediate action.

Thomas Reiss, Vice President, User Experience & Fiori Product Management recently said: “SAP CoPilot 1705 is the first step towards a digital assistant for the enterprise, and SAP is planning further innovations down the road”.

The main capabilities of SAP CoPilot which are available with SAP S/4HANA 1705 and which you can look at in the video are:

  • Notes: Users can create notes when working with apps; SAP CoPilot links the collection of notes to the apps you were working on, helping you find them when you return to the app.

  • Screen Shots: SAP CoPilot can take intelligent screen shots from SAP Fiori apps. These allow you not only to view the captured image, but also to navigate to the app from where the screen shot was taken, with the same filter parameters applied.

  • Recognizing Business Objects: SAP CoPilot recognizes business objects within the current application context and allows you to add them to your collection of notes and screenshots. SAP CoPilot also recognizes business objects referred to in notes or chats.

  • In-Context Chat: Chat with other users from your business application context without entering a collaboration room, and share notes, screenshots and business objects. Save the collection of chats, notes etc. for later use. When sharing screen shots, your colleagues can also navigate with one click to the app from where the screen shot was taken, with the same filter parameters as you used when taking it. In other words, no need to attach screen shots to e-mails and explain to your colleagues which app was used and which filter parameters were used: one click will do! Of course, this navigation is only available to users who are authorized to access the app.

  • Quick Actions: Quickly create business objects via a select number of embedded QuickCreate UIs; fields are pre-filled from SAP CoPilot context.

 

 

SAP S/4HANA Cloud for Finance
Several innovations and enhancements are available in the 1705 release. One of those innovations in the financial sector is a new app in Statutory Financial Consolidation. This app helps meeting reporting requirements according to IFRS including profit and loss, and balance sheet reports. It provides an automation of consolidation processes and real-time reporting through in-memory computing in the cloud – helping to close the books faster.

Extended Credit Management and SAP S/4HANA Finance Cloud for credit integration allow getting a support in making an early determination of the risk of losses on receivables from business partners and in making credit decisions based on automatic calculation, which decreases the manual work for credit controllers.

 

To keep up to date with what is planned, you can look at the SAP CoPilot road map, which is contained in the SAP Fiori Road Map, updated on a quarterly basis. 

In the next article, we will discuss in details other features of that release.

Interested in learning more about how you can take advantage of a SAP S/4HANA solution or are you looking for some help on defining your Cloud strategy to support your digital transformation? The Ataway SAP experts team is here to help you and make your digital transformation a success. Consider talking to one of our local Ataway offices. Ataway has worked on several SAP S/4HANA implementations and can help you. Consult with Ataway’s team of experts today to learn more or send us an email: experts@ataway.com.

 

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