SAP/HANA: 4 Ways Investing Can Save Your Company Millions
May 24, 2023
May 24, 2023
SAP HANA is the impressive all-in-one enterprise resource planning (ERP) software that streamlines business. This solution incorporates machine learning and an in-memory database to deliver real-time insights. It’s the answer for today’s digital transformation and cloud migration needs.
Obviously, there’s a cost to run SAP HANA, but it’s an investment that repays itself handsomely. Companies using this technology unite their data into a well-managed whole. Operations then become more efficient through the system’s numerous automation features.
What’s more, employees using SAP HANA will also see higher productivity. As a result, the data-driven organization will reduce its operational costs while mitigating risks. It’s no surprise the industry is flocking to SAP HANA. Let’s explore four specific ways companies will benefit from this investment.
In this data-first age, companies must have adequate systems for managing information. After all, revenues depend on effective data management. Multiple sources need to be brought into the organization’s systems and processed seamlessly.
SAP HANA helps businesses save money by controlling data so those who need it have access to its fast and useful insights. At the same time, the software protects data against unauthorized access. This software represents a sizable upgrade over older tools that required slow and expensive data management processes to accomplish tasks like “Extract, Transform, Load.”
Data ingestion methods in SAP HANA ensure the organization has reliable data governance and accessibility. The technology encompasses both internal data and public internet data. In addition, its in-memory database makes access instantaneous to speed up business processes.
SAP HANA also has many useful features for data management that work with popular programming languages, such as SQL and ABAP, and with graphical user interfaces.
Finally, users can migrate tables, models, and applications among on-premise and cloud instances. Several tiers of data storage work under the hood to support super-fast transactions and large-scale repositories, providing both breadth and depth.
Automation is one of the leading trends behind improving business efficiency. In practically all verticals, managers are searching for ways to remove manual tasks from the equation. What one can automate becomes fast, accurate, and inexpensive.
SAP HANA includes a range of automation tools to increase efficiency. For instance, its intelligent Robotic Process Automation (RPA) accomplishes many common office tasks with the click of a button. It works in the cloud and has both no- and low-code tools to simplify development. Even non-technical users can quickly automate tasks with browser-based click-and-drag tools.
In addition, activities that once took significant human time, such as inputting data and building reports, can now be done instantly. Specifically, processes that happen many times per day should be automated to save effort and money.
What’s more, SAP HANA can automate more complex tasks that require several different applications. It can also interact with non-SAP data and its own data stores. The intelligent RPA includes a design studio and a utility to monitor the bots, complementing a bot store with pre-made solutions.
Software to enhance productivity makes an undeniable contribution to a business’s performance. With SAP HANA, it’s feasible to create custom programs that boost productivity. Developers then make visual interfaces that connect users to the effectively managed data.
Innovation accelerates productivity, and productivity grows revenue. When employees have powerful tools at their disposal, they add more value while decreasing costs. The SAP HANA database essentially works as a platform for enterprise application development.
One can build practically any type of application on this platform. It includes its own native application server and web server, plus development tools. Developed applications then have direct access to the organization’s data, covered by the system’s usual safeguards. The resultant apps can run conveniently in web browsers or on mobile devices.
As an adaptable database, SAP HANA also supports the development of productivity-boosting applications in many other programming languages. That makes it easy for enterprises to apply their skill sets to the centrally controlled data. For instance, one could create apps in Java or .NET that connect to the database. These apps can perform transactions and modify data through the same underlying SQL that native apps use.
Data analysis done through SAP HANA finds areas where costs are unnecessarily high. The system provides a profound level of awareness into business operations. Wherever costs aren’t yielding benefits, the business can cut those expenses.
Similarly, SAP HANA also makes it easier to see where the organization faces risk so countermeasures can be taken. Risk mitigation is important for all enterprises and is yet another advantage of investing in a good ERP.
SAP Analytics Cloud is integrated with SAP HANA and many other components. For one, its Integrated Financial Planning (IFP) helps companies budget. The analytics package connects to the enterprise data and reveals useful information for planning cash flow, sales and profitability, cost, and many other areas.
By seeing operational and capital expenses along with relevant insights, it’s much easier to cut unnecessary expenses and limit risk exposure. SAP HANA is also more reliable than alternatives and reduces the service outages that impact revenue.
SAP HANA is a smart investment that provides effective data management. What’s more, it increases efficiency through automation while improving employee productivity. This remarkable enterprise software also cuts operational costs and mitigates risks.
SAP HANA can be challenging to implement and maintain. But all these benefits—plus useful features such as artificial intelligence (AI) and in-depth analytics—make it worth the effort. A full SAP service provider such as Approyo makes it easy to install and manage this software.
Approyo offers technical, functional, and developmental support to organizations of all sizes. With hundreds of deployments under management, Approyo delivers support for production landscapes, cloud migrations, and other SAP HANA needs. Want to learn more about how migrating to SAP HANA can benefit businesses? Talk to an expert now.