WBSRocks: Business Growth with Enterprise Software and Digital Transformation WBSP306: Grow Your Business by Understanding SAP S/4 HANA's Capabilities, an Objective Panel Discussion and Weekly Digital Transformation News Stories
The best-run companies use SAP S/4 HANA. The platform really lives to its name with its depth in transactions, deep workflow and auditing capabilities, and most robust planning and forecasting capabilities. But, in general, it is also the most hated vendor and platform. But why is that? It's primarily because of the misunderstanding of the purpose of the SAP S/4 HANA platform. It is also the most hated by companies that want to use ERP as the glorified database and have minimal experience with planning and control on the organization. But you can go so far as a company until you master your inventory and cash. This is especially true for public companies with deeper financial control and reporting needs. And the CFOs have a tough job if they are responsible for controlling the financials of more than ten countries. That's probably the reason why CFOs love SAP.
In today's episode, we invited a panel of industry experts for a live discussion on LinkedIn to discuss major stories in the ERP and digital transformation space and an objective and independent review of SAP S/4 HANA's capabilities. We covered several grounds, including its history, evolution, the strength of the HANA platform, product architecture, and inbuilt workflow for Sarbanes-Oxley's needs. Finally, we reviewed the greater financial traceability built as part of the product, the approach for two-tier, and the current product roadmap.
For more information on growth strategies for SMBs using ERP and digital transformation, visit our community at wbs.rocks or elevatiq.com. To ensure that you never miss an episode of the WBS podcast, subscribe on your favorite podcasting platform.