Why SAP Consultants should learn S/4HANA?

Sometimes SAP consultants have the ability to gain high pay rates no matter which area of SAP they were knowledgeable in. Currently, if you want the highest earning potential, it’s all about learning the ropes of S/4HANA, SAP’s next-generation business suite.

Matt Zitouni, an ERP expert at Networkers, defines what it is, where you learn how to execute it, and what you can expect to gain as a S/4HANA specialist.

What is S/4HANA?

SAP S/4HANA is SAP’s future generation business suite developed to assist organizations to run and manage enterprise resources digitally. This new suite is built on an advanced in-memory platform, SAP HANA, and provides a customized individual experience with SAP Fiori.

Initially, SAP used databases possessed by other providers. Currently, SAP uses HANA, it’s own database which uses ‘real-time’ analytics, store data ‘in-memory’, and is column related for ease of use.

Among the first S/4 products to run on HANA was Simple Finance, launched by SAP in 2015. Simple Finance saw a huge modification in terms of how financial data was saved in the SAP system. Many tables that commonly kept SAP Finance and Costing (FI/CO) data have been condensed into a handful of HANA tables which reduces complexity in data storage and boosts reporting speed.

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Opportunities for Businesses and SAP Specialists

Deployable in the cloud or on-premise, SAP S/4HANA is built to drive instant value throughout businesses and industries making complex and advanced data simple to control and manage.

There are lots of components to the S/4HANA business suite that SAP implementation specialists have the opportunity to be entailed with consisting of:

• People- SAP SuccessFactors
• Customer-  S/4HANA Marketing
• Finance- Financial Services Network
• Procurement- SAP Ariba
• Labour- SAP Fieldglass
• Travel – Concur

With enhanced capability and complicated databases condensed and shared in a simple form, S/4HANA has become incredibly popular, and because of this, SAP plans to add this functionality to all of the typical modules in the ERP portfolio. Therefore it’s crucial for SAP specialists to be able to execute S/4HANA or risk their existing skillset becoming obsolete in the future.

How consultants can learn the ropes of S/4HANA?

The training area of the SAP website is a fantastic place to learn about S/4 HANA, below you can access the course online and in the class to provide you some hands-on experience with this module and gain certification of your knowledge. There are naturally, lots of other online sources that you can utilize in order to comprehend S/4HANA, but generally, companies seeking their next S/4HANA consultant have a preference of hiring certified professionals with the main SAP sources.

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S/4 HANA benefits for SAP consultants

There is still some confusion amongst organizations as to which SAP products to use and this is providing a chance for SAP Consultants to catch up with S/4HANA.

It’s not simply advantageous for your employability to learn S/4HANA, it will also lead to a greater pay rate with contract consultants commanding between ₤ 580-₤ 780 per day and permanent employees earning between ₤ 70,000 to ₤ 120,000 per annum.

Conclusion

S/4HANA has become incredibly popular, and because of this, SAP plans to add this functionality to all of the typical modules in the ERP portfolio. Therefore it’s crucial for SAP specialists to be able to execute S/4HANA or risk their existing skillset becoming obsolete in the future.

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