Understanding SAP S/4 HANA Modules | delaware
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Modules are beneficial to SAP S/4 HANA in the Philippines.
Modules are beneficial to SAP S/4 HANA in the Philippines.
The Definition of SAP S/4 HANA Module
Common SAP S/4 HANA Modules
Common SAP ERP Modules for SAP S/4 HANA
There are many modules for your SAP S/4 HANA in the Philippines. If you’re using this platform for your business, having basic knowledge of the modules can optimize your operations exponentially. These modules are the foundation of SAP applications. It’s very easy to understand the modules after you have a clear idea of what S/4 HANA is. Learn more about SAP S/4 HANA Modules below.
The SAP S/4 HANA module or modules comprise the individual parts of S/4 HANA. Each module brings special functions for a specific purpose such as general ledgers, logistics, materials management, and much more. These modules are used to break down SAP to make it much easier to understand and manage. SAP S/4 HANA is created with simplicity in mind, hence the purpose of these modules.
SAP ERP has evolved over time. These upgrades and evolutions are made so that ERPs are able to keep up with the changes. These changes in technology offer stronger, updated computing capabilities, third-party application compatibility, and business usage capabilities. The results of the years of research came up with a new level of customization. These changes can be difficult to deal with as a whole, but through the use of SAP modules, updating your S/4 HANA suite becomes much easier.
S/4 HANA modules use the database of SAP HANA while also standardizing the technology stack. Upgrading becomes easier for customers of S/4 HANA. Anyone can take advantage of new updates as soon as they’re rolled out. Apps can also be integrated with the modules for ease of use.
The most popular S/4 HANA module is SAP Finance which streamlines the financial processes. There are also additional modules in S/4 HANA. Below are some of the modules you can find in S/4 HANA:
Plant Maintenance (PM)
This module is used to support and maintain equipment and systems. This integrates other components such as Materials Management, Quality Management, Production Planning, Sales and Distribution, Finance, Controlling, and Human Resources. Plant Maintenance inspects the actual conditions of the systems or equipment. It also incorporates preventative maintenance and repairs. You can immediately request and perform repairs as soon as possible. Plant Maintenance also lets you record problems in the database and more.
Product Life Cycle Management (PLM)
SAP PLM supports all product-related processes such as product ideas, manufacturing, and product service. It’s part of the SAP Business Suite, which can give your business the ability to perform business processes with modular software that is designed to be compatible with SAP and non-SAP software.
Human Capital Management (HCM)
This is a module that uses sub-modules like Personnel Administration, Organization Management, Time, and Payroll.
Sales and Distribution (SD)
Sales and Distribution consist of business processes required in selling, shipping, and billing of a product. The sub-modules of SD include Customer and Vendor Master Data, Sales, Delivery, Billing, Pricing, and Credit Management.
SAP ERP Modules can be found in SAP S/4 HANA as well Since S/4 HANA is based on the original SAP ERP, it has a great level of compatibility to S/4 HANA. Here are some common SAP ERP Modules included in SAP S/4 HANA:
Extended Warehouse Management
You can manage warehouse operations and supply chain logistics with this ERP module. Seamlessly optimize your inventory tracking, cross-docking and distribution operations and multichannel fulfillment in real-time.
External Services Management
This module supports the end to end process of Purchase Requisition, Request for Quotation, Comparison, Purchase Order, Service Entry, and Invoice Verification Process.
Inventory Management
This module deals with the management of stocks and movement of goods. You can track the movement of your goods while planning and generating reports. Inventory Management is compatible with other modules such as Sales and Distribution and Purchasing.
Invoice Verification
Invoice Verification modules mark the end of procurement, after purchase order and goods receipt. This module also deals with invoice posting updates with the related documents in financials and accounting.
Material Planning
Material planning guarantees material availability on time. It’s required to procure or produce the required quantities of materials on time for in-house operations or for customer demands.