SAP Releases SAP S/4HANA 1809

SAP announced the latest version of SAP S/4HANA; SAP S/4HANA 1809. The latest release promises to continue on with SAP's commitment to both converting existing ECC functionality into S/4, as well as, introducing newer functions and features.

Here is an overview of SAP S/4HANA 1809 from sap.com

Innovations and Intelligence in SAP S/4HANA 1809

In the area of Procurement, SAP is delivering number of Machine Learning capabilities with SAP S/4HANA:

• Increased invoice automation and efficient invoice monitoring for exception handling
• Reduction of free-text items by automatically proposing the creation of a new catalog item
• Proposal of material group for free-text items in purchase requisitions
• Provision of options for materials without source of supply

Quotation Conversion Rates is an innovation in Sales and Distribution which truly delivers on the promise of an intelligent ERP. As an internal sales representative or a sales manager, you can use Quotation Conversion Rates to track to what extent your quotations are being converted into sales orders before expiring. By leveraging machine learning capabilities, you can gain predictive insights into quotation conversion by comparing actual and predicted results. The Quotation Conversion Probability (also known as Order Probability) is the probability that a quotation item will be converted into a sales order item. The probability, expressed as a percentage, and net value of the quotation is used in order to calculate a total expected order value.

In Manufacturing SAP is introducing Demand-driven replenishment. With the demand-driven buffer level management, you can plan and manage supply chains much more efficiently. Providing decoupling points with strategic stock positions, manufacturers can avoid the so-called “Bull-Whip-Effect”, where the variations in demand increases as you move further up the supply chain from customer to supplier.

Moreover, in inventory management, SAP included intelligence by leveraging predictive analytics and machine learning for decision support. Finance as well has quite a few intelligent innovations in store for you, for example predictive accounting. When a sales order is confirmed in the system, this is not recorded in accounting until goods have been delivered and the invoice has been sent. With the predictive accounting functionality, based on the sales order, a predictive goods issue and a predictive invoice is registered.

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