SAP Extends Its Leadership in AI-Powered Intelligent ERP with SAP S/4HANA

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According to a new press release, “SAP SE today announced a series of innovations to SAP S/4HANA® to make it easier to add artificial intelligence (AI) and robotics, and to customize apps. This will help companies improve business results, automate business processes and make accurate predictions for better decisions. With more than 100 out-of-the-box AI and robotic process automation–powered capabilities, the 1905 release of SAP S/4HANA Cloud solidifies its position as the most intelligent ERP on the market today. The new additions, being released in May 2019, cement our goal announced in 2018 to automate 50 percent of manual tasks in the ERP system over the following three years.”

The release goes on, “Examples of new AI capabilities include: (1) Intelligent accruals management: Allows closing books faster with automated conversion of purchase order data into posted accruals. (2) Defect code proposal: Speeds up quality checks and increases data quality simultaneously with automated categorization of defects based on free-text entry. (3) Financial journal entry with intelligent robotic process automation: Automates the collection, extraction and validation of financial journal data from e-mails, and mass uploads the data into SAP S/4HANA.”

It continues, “To make it even easier for customers to make the right decisions and steer operations in real time, a further improved integration of the SAP® Analytics Cloud solution and SAP S/4HANA has been launched, bringing planning, analysis and execution together.”

Read more at PR Newswire.

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