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June 28, 2017
SAP S/4 HANA Cloud 1705 part 3 of 3 (top 4 features for Sourcing and Procurement)
Ataway SAP Experts
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May 9, as we saw in the previous articles “2 Highlights of the SAP S/4 HANA Cloud 1705 Release” and  "SAP S/4 HANA Cloud 1705 Release part 2 of 3, marks the general availability of SAP #S4HANA Cloud 1705 Release. This release provides multiple innovations and enhancements, from Finance to Manufacturing and Procurement. In this blog, we will cover the top 4 features for SAP S/4HANA Cloud for Sourcing and Procurement.

SAP S/4HANA Cloud now provides an end-to-end solution for transferring material from one plant to another within the same company code. Customers have full transparency about stock between plants, monitoring the warehouse from issue to delivery to shipment.

SAP provides an end to end solution that is supported by a Core Financial Solution.

 

RFQ Integration with SAP Distributed Manufacturing provides the option to collaborate with suppliers and to design and produce parts through additive manufacturing. Considering that 3D printing is getting more and more important for the global industry, it allows you to connect 3D printing collaboration with end-to-end visibility. With all these costs and time-saving new features, it gets easier for you to co-operate with your partners and working on projects together.

 

SAP S/4HANA Cloud for Procurement

This new release brings predictive capabilities in procurement. Predictive analytics for contract consumption forecasts the point in time when a purchasing contract is expected to be consumed at 100%, so that it is possible to renegotiate them in time. Procurement of unplanned services in SAP S/4HANA Cloud ensures that the procurement actions are more predictable.

 

Overview of a contract consumption

 Value Proposition
• Renegotiate contracts early and efficiently
• Obtain better prices for goods from suppliers
• Enhance purchasing compliance

Capabilities
Forecasting when a contract will be consumed 100%

 

Procurement of Unplanned Services

This feature enables the creation of purchase order items to set a provision for unplanned services that are not precisely definable upfront. It can be used to procure a variety of services up to a certain pre-defined maximum value (the value limit) from a supplier

. Subsequently, the confirmation of the services rendered is done using the SAP Fiori app “Manage Service Entry Sheets”

Value proposition
• Enhance cost control

Capabilities
• Definition of a maximum value for a service to be procured from a supplier
• Confirmation of received services for a purchase order for unplanned services

 

Purchase Order with Limits

 

Purchase Order Confirmation with Confirmed Versus Expected Cost

Purchase Requisition Approval Notification in SAP Fiori 2.0

With the SAP Fiori 2.0 user experience, we introduced a new notification area. Now, notifications for approval work items for purchase requisitions are delivered to this area. This indicates a step forward in our efforts to overhaul and significantly improve the user experience with SAP Fiori 2.0. With the notifications for purchase requisitions waiting for approval, approvers are enabled to work more efficiently, and the timely approval for outstanding items is safeguarded.

Value proposition
• Approve purchase requisitions in a timely manner
• Enhance the user experience
• Safeguard the approval of outstanding items

Capabilities
• Notifications for outstanding approvals
• View of notifications by date, type, or priority

 

SAP S/4HANA Cloud for Professional Services

The SAP Project Companion is a useful tool for project management, nd a collaboration between Apple and SAP. It is an application for you and your project team. Whether you are a manager or a consultant, there is a role-based version for both. The mobile app helps you and your team to work better together. The app provides an overview of the most relevant project information, quick insights and a personalized timeline with the most important milestones for your project. To secure a fast collaboration, it is possible to get push notifications. You can get the application on the apps store.

Interested in learning more about how you can take advantage of 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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