April 2024

SAP Is on the Cutting Edge of How to Best Manage Company Spend As a pioneer of spend management software, SAP has been on the cutting edge of how to best comprehensively manage company spend and supplier relationships. Like at home, identifying every dollar you spend and getting the most out of it is more critical than ever for your business. And as we continue to roll out SAP Business AI technology, the teams behind SAP solutions are working on ways to help you reduce the time spent on mundane tasks so you can focus on executing your strategy, unlocking spend potential, and unleashing efficiency. https://news.sap.com/2024/04/sap-cutting-edge-company-spend-management/

SAP’s Adoption Revolution: When Expectations and Outcomes for Cloud Transformation Meet When an organization starts its digital transformation journey, it does so expecting great outcomes. Whether that means increasing competitiveness, efficiency, innovation, growth, employee satisfaction, reducing costs, or all of the above — expectations are always high. Expectations can also be very diverse. End users want their jobs to be made easier and more productive. The typical CIO wants scalability, greater data protections, and a secure IT infrastructure that runs with lower total cost of ownership. And we — the cloud software provider — also have a clear-cut expectation that customers should actually use the software. Otherwise, bold transformation objectives won’t be met and subscription contracts won’t be renewed. https://news.sap.com/2024/04/cloud-transformation-adoption-revolution-expectations-outcomes-meet/

SAP Unveils AI-Driven Supply-Chain Innovations to Transform Manufacturing “Businesses today are confronted with challenges ranging from supply chain disruptions and labor shortages to geopolitical uncertainties,” said Muhammad Alam, member of the Executive Board of SAP SE, SAP Product Engineering. “SAP recognizes the imperative for agility and intelligence, driving innovation with AI-powered solutions to streamline supply chain and manufacturing processes. Companies can enhance operational efficiency and improve supply chain resiliency while delighting customers with superior service, paving the way for sustained growth and market competitiveness.” Accurate and relevant real-time information helps mitigate the impact that supply-chain disruptions have on suppliers, manufacturers and distributors worldwide. SMA Solar Technology AG and other customers have already witnessed the benefits of SAP’s solutions, including an approximately 15% increase in supply chain workforce productivity, a 10% decrease in overall supply chain planning costs and a 10% reduction in inventory carrying costs and stock turnover rate. https://news.sap.com/2024/04/sap-hannover-messe-ai-supply-chain-innovations-transform-manufacturing/

How to Perform Year-End in SAP Business One This document provides customers and partners with help in carrying out their year-end closing and demonstrates how SAP Business One can support the individual steps of the year-end closing process. The procedures described in this document do not guarantee the accuracy of the content or the completeness of the year-end closing. You are responsible for carrying out all the appropriate operations and providing the appropriate documentation to ensure accuracy. https://help.sap.com/doc/69fcb4ec91014795b9a4fe883c9d41a2/10.0/en-US/Year_End_Closing_B1_10.0_EN.pdf

4most Systems provides world-class, individually tailored and innovative business solutions for small, medium and large enterprises across industries and sectors. Established as an SAP Partner in 2004, we deliver ERP solutions utilising SAP Business One at the core. With offices in South Africa, Botswana and Namibia as well as a growing economic footprint in the DRC, Kenya, Zambia, Malawi and Tanzania, the company has a strong base, being the first and only partner to establish all-round SAP competency, offering over 30 years of experience and skills. https://www.4most-systems.com/contact