Financial Services Transformation
SAP S/4HANA is a real-time ERP suite. based on the in-memory platform SAP HANA. When combined with SAP Fiori, the design language for personalized experiences, user-friendly interfaces, it enables the simplification of business processes.
SAP has also reengineered their Business Warehouse to BW/4, harnessing the advantage of the HANA in-memory database.
The new SAP S/4HANA Business Suite provides a decisive advantage to the previous SAP ECC system: the data model has been fundamentally simplified based on the possibilities of the underlying in-memory SAP HANA database. For this reason, SAP S/4HANA is compatible with the classical SAP ERP and makes complete reimplementation superfluous.
Besides SAP S/4HANA, a continuous and reliable means of reporting is also provided by SAP BW/4. It provides the possibility to exploit the potential efficiencies of SAP and the consistent master data which is needed by the business. BW/4 also provides access to all non-SAP data through the integration with SAP-HANA-Enterprise Information Management.
The experts at bancon can support your business changeover to the new SAP Business Suite. Trusted by many of the world’s leading businesses, our SAP consultants can flexibly transfer your processes and system landscape into the solution and data structures of SAP S/4HANA and BW/4.
BANCON MIGRATION SERVICES
Next generation migration solution
The SAP S/4HANA Migration Cockpit allows businesses to carry out simple, trouble-free transitions to SAP S/4HANA. Using predefined SAP-S/4HANA-specific migration contents for the identification and migration of data makes this the next generation in migration solutions. Beyond the Migration Cockpit we can provide our unique tool-based services to support the migration journey further by reducing manual work and providing quality assurance for your project.
The objective of an S/4HANA Migration project should always be to create a sustainable digital core for your company. Transferring your company to S/4HANA can be done in various ways from a System Conversion, which provides SAP Business Suite setup to SAP S/4HANA, to a complete Greenfield approach (implementation from scratch). An approach often used is Landscape Transformation. This is the consolidation of a current SAP software landscape and selective data transformation, into one global SAP S/4HANA software system.
SAP provides methodologies and tools to perform these types of projects which are included in the Migration Cockpit. This is easy to manage and includes comprehensive new functions for the migration of data to SAP S/4HANA. The Cockpit checks the values of your old systems for validity and contributes to a higher quality of the data and consistency.
At bancon we enhanced the SAP offering by providing specific tool-based services along the S/4HANA migration journey. These have been developed based on our deep knowledge and experience in migration projects.
SAP S/4 HANA FINANCIAL MANAGEMENT
Financial management transparency
Finance software can be awkward to manage because streamlined tools for efficient reporting are often missing. This costs time and prevents staff from carrying out their core tasks.
The new SAP S/4HANA Finance is an evolutionary step for your financial management. Based on the in-memory database SAP HANA, it can provide contemporary, detailed reporting. The new SAP solution raises the boundaries between controlling and finance, integrates planning functions and improves liquidity analysis. With SAP S/4HANA Finance, analytics is no longer separated from the transaction data. This allows businesses to carry out complex financial operating processes much quicker than before. Staff in financial accounting and controlling, profit from unified, consolidated databases.
Whether your business uses SAP S/4HANA Finance On-Premise, in the Cloud or in a hybrid model, we can ensure and uninterrupted migration.
What we do:
BW/4 MIGRATION SERVICES
Modernize your SAP data warehouse
Businesses are often faced with the challenge of combining multi-structured information from different sources into one location so it can be evaluated. Today, large quantities of data are often found through Open-Source and No-SQL architectures, such as Hadoop, in the so-called data lake and is usually quite difficult to bring into the context of the company.
SAP BW/4HANA can make this process easier by automating complex data flows using the new, simplified Business Warehouse model. Openness has always been an issue in SAP BW, so it’s great to see that openness to Hadoop specifically is one element that many customers requested as the implementation of data lakes and big data platforms based on Hadoop has become more prevalent. The integration between SAP BW/4HANA and the SAP HANA platform also allows for direct SQL consumption of SAP BW/4HANA data via generated SQL views.
SAP BW/4HANA is new software, not just a continuation of the SAP BW. To move to SAP BW/4HANA will require more than just a system upgrade, as a lot of legacy SAP BW functionality is no longer available in SAP BW/4HANA. The move from BW to BW/4 is seen as a migration project which includes an initial analysis to understand what can be migrated as it is, and what objects need to be converted into a type respecting the new design principles of SAP BW/4. As experts in BW and BW/4 we’re able to make this transition as seamless as possible.
What we do:
Preparatory consulting before a migration project
We provide a fully comprehensive BW/4 migration solution which includes:
How can our specialists help your business with S/4HANA migration?