SAP ERP
World most popular and most scalable enterprise resource planning system with embedded intelligent technologies, including AI, machine learning, and advanced analytics. It helps companies implement new business models, quickly manage business change, coordinate internal and external resources, and leverage the predictive capabilities of AI.
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News about SAP ERP
2024. SAP added AI agents
A year ago, SAP ERP introduced built-in AI chat assistant Joule. Now, the company is adding AI agents to work alongside it – highly specialized virtual experts (in HR, finance, procurement, marketing, etc.) that can autonomously perform specific tasks and even complex business processes consisting of several steps. And most importantly, they can interact with each other. These agents can work under the supervision of employees, but don't always require direct human intervention. For example, resolving a payment refund dispute, which typically involves forwarding messages between departments, correcting invoice errors, or analyzing payment rejections. Joule will soon be able to perform all of these tasks autonomously.
2024. SAP Sales Cloud Improves Sales Forecasting with AI
SAP Sales Cloud has added a series of new AI-powered features to improve the customer experience. Improved forecasting capabilities will help companies adjust their revenue goals by predicting the likelihood of closing deals across the organization's entire business portfolio. AI can even recommend specific leads to managers who are most likely to close a deal, as well as predicting which product a customer is most likely to purchase. Sales teams will also benefit from new AI features, such as automated account summaries and lead boosters, which automatically generate sales prospect reports by collecting information about each account, the business context in the industry, and relevant news. AI-generated reports significantly reduce the need for manual information gathering, giving salespeople more time to close deals.
2015. SAP Unveils Next Big Thing: S/4HANA ERP System
SAP's first ERP system was called R/2 and ran on mainframes. Then came R/3. In 2004, SAP Business Suite appeared. Recently, SAP unveiled (as they say) the most important product in its history - the new version of S4/HANA. When creating it, the developers were not thinking about how to wipe the floor with their eternal competitor Oracle, but about how to avoid being outdone by aggressive SaaS providers Salesforce and Workday. Therefore, S4 can work both on-premises and in the cloud. The main feature of the system is speed. As the name suggests, S4 is based on the leading Big-Data platform SAP HANA, which allows you to process very large amounts of data in seconds. The second main feature is the interface. Forget about complex tables and menus that you can't figure out without a bottle. SAP wants the new powerful system to be manageable via smartphone. At least 25 simple SAP Fiori apps will be available for working with SAP.
