The latest ERP solution, which is SAPS/4 HANA, is popular for encouraging digital transformation in different industries. However, when it comes to switching to another ERP system, it is not a simple process. A reputed business requires meticulous execution and proper planning for successful implementation. This way, it will reduce risks and improve success by driving user engagement.
The primary concern for any organization that has undertaken SAP S/4 HANA implementation is whether it will be able to give a quick return on investment. Companies who are incorporating the latest ERP solution would like to realize the real-time benefit at the earliest. Therefore, in such a situation, it is a must for companies to work simultaneously with the implementation partner so that they can achieve the benefits.
In this blog, we will look at the most critical aspects every business needs to pay attention to for successful implementation and a quick return on investment.
Smart strategies to improve return on investment with SAP S/4 Hana:
Fit to business approach:
SAP S/4 HANA cloud is the latest ERP solution that has added significant features and functionality. Therefore, this new ERP solution provides an improved ability to follow a fit-to-standard approach. It is an agile model that can work for every industry.
Keeping the fit-to-standard model with the need for the least customization ensures faster implementation, reduced ownership cost, and improved return on investment by adopting the SAPS/4 HANA cloud model.
Using the pre-configured solutions:
Apart from using the fit-to-standard functionality provided by the SAP S/4 HANA model, it is also essential to leverage the pre-configured solution. Since the SAP ERP implementation partner already developed it, it can help to make the implementation of this new ERP solution.
Rather than choosing to go from scratch, when you have a pre-built solution, it can be beneficial in a faster rollout. This configured solution will also include supporting documentation, business processes, and tools that can save a lot of time for businesses.
Besides the first and second techniques, there is a need to find an agile methodology for the S/4 Realize phase. It is essential to get a quick implementation. The agile methodology generally implements functionality in iterative cycles and involvement for generating faster results.
While monitoring the entire process progress, delivering smaller increments frequently in the functionality can be helpful for an organization to quickly comprehend and adapt to the required business changes, thereby providing positive momentum in the entire business process.
Quality Engineering and change management:
Many examples found that even after using the right tools and best methodology, and pre-configured solution, implementation of S/4 fails when the management issues are not properly addressed. There is a need to focus on change management earlier to improve engagement and fast adoption and increase return on investment.
Hence, you need an implementation partner who practices addressing the different requirements of stakeholders while they are undertaking a slash for implementation. It helps to minimize any kind of disruption during implementation.
Choose A Reputed Implementation Partner:
Since a strategic implementation is a must to improve the ROI, choosing Cogniscient is strongly recommended. Strong teams in the company can ensure seamless integration and help businesses expand.