RISE with SAP

SAP unveiled RISE with SAP, a new product, in the beginning of 2021. What exactly is this solution, and how does it affect those who now own SAP licenses?

When SAP HANA was first released in 2011, RISE with SAP was not a brand-new product. RISE with SAP is defined as a bundle of current SAP assets with an emphasis on offering business transformation as a service to customers, as opposed to developing a set of new functions.

RISE with SAP Basics

RISE with SAP facilitates the adoption of cloud-based SAP solutions by larger enterprises. This stands in contrast to the GROW with SAP program, which facilitates the adoption of SAP by smaller and mid sized businesses. Because RISE with SAP gives customers all the tools they need, it removes a lot of the uncertainty and piecemeal license purchases from corporate planning, which speeds the adoption of cloud computing. The six main business domains that comprise the solution were chosen for RISE with SAP through an internal analysis of SAP products and client trends.

RISE with SAP is, to put it simply, a “bundling of existing SAP solutions” with an emphasis on helping clients in:

• MODERNIZING on the best cloud infrastructure to achieve the lowest possible TCO.
• STANDARDIZING on the best intelligent suite to drive process efficiency and scale.
• DIGITIZING on the best transformation platform to innovate faster than your competition.

The RISE with SAP package supports every stage of this business transformation, allowing businesses to use intelligent technologies to enhance decision-making and integrate, augment, and extend real-time data from SAP S/4HANA Cloud.

The Objectives of RISE with SAP solution:

• Take the lead with industry innovation to drive growth and run your business sustainably
• Never stop improving with continuous insight
• Help secure success at each step with a trusted partner

key components of RISE with SAP

• Cloud ERP
• Business process optimization
• Extension, integration, and automation
• Advanced financial management
• Supplier network
• Sustainability management

For instance, SAP has a long history of incorporating more straightforward and effective workflows into its products. Take the idea of a single source of financial truth that controllers and accountants can use for reporting, or the simplification lists that come with every version of SAP S/4HANA. RISE with SAP presents itself as a collection of “ones,” which are defined as follows:

• One offer: bundled products for a single price
• One contract: ability to manage SLA, operations, and issue management without signing contracts for each

This is especially advantageous for businesses wishing to switch to SAP without damaging their current systems or bank accounts but with smaller IT footprints, technical know-how, or funds. Here, the concept is that implementation is more adaptable and catered to an organization’s unique requirements

Why should you RISE with SAP?

The RISE with SAP system is intended to assist a business in growing and to guarantee that the enterprise’s business management possess a deep understanding of the organization. Additionally, the package assists you in assessing every facet of your business venture, including purchasing, warehousing, inventory control, selling, and even customer service. As a result, you won’t need to think about utilizing different solutions and will be able to integrate them into a platform to enhance commercial operations.

Scalability and affordability are the two main benefits of a cloud-based SAP solution. Additionally, every bit of data you submit will be safeguarded with the highest level of security.

Real-time data is undoubtedly necessary to make wise business judgments. Real-time data, analytics, and statistics covering all business processes, such as financials, accounting, sales, vendor management, and customer relationship management, are provided by RISE with SAP’s cloud-based S/4HANA.

Indeed, this bundle pack provides more than just predictive analysis and data management. The creation of business intelligence is the main goal of RISE with SAP. This calls for not only S/4HANA but also the remaining RISE with SAP components. The data collected from all of RISE’s components must be combined with SAP in order to produce business intelligence.

To put it briefly, it’s a method of using SAP to optimize your business processes and develop into an intelligent enterprise!