SAP S/4HANA Cloud Professional Services

SAP S/4HANA Cloud Professional Services Partner Package Solution

SAP S/4HANA Cloud for Professional Services

SAP S/4HANA Cloud for Professional Services enables professional services companies with the digital transformation of their company. With this solution it delivers real-time accounting solutions with in-depth analysis, the right functionality to plan, execute and control profitable projects, the insight to deploy the right resource to the right project at the right time, and sophisticated billing capabilities with advanced revenue recognition.

Business Challenges

  • Lack of Visibility of Operations across the Organization
  • Project tracking
  • Resource utilization
  • Phase wise, Task wise & Milestone wise Project Management
  • Increase in competition and operating costs
  • Inefficient and delayed Analytics
  • Ability to maintain high service levels and quick response times

Scope & Deliverables

  • Project management
  • Contract to Cash
  • Time and Expense Management
  • Project Controlling and Accounting
  • Customer Project Analysis
  • Operational Procurement
  • Procurement Analytics
  • SAP JAM Collaboration
  • Order and Contract Management
  • Intercompany Sales
  • Supplier Invoice and Payables Management
  • Customer Invoice and Receivables Management
  • Finance Operations
  • Accounting and Financial Close
  • Treasury and Risk Management

Key Highlights of the Solution

  • Manage your projects more efficiently with accurate insights into project cost forecasting, monitoring and timeline reporting
  • End-to-end global project control and operational visibility
  • Reduce cost of operations by using standardized processes
  • Event-based Revenue Recognition calculates and posts real time revenue and cost adjustment for professional service for fixed price, time and material, and periodic service projects
  • Drive operational efficiencies and comply with regulations
  • Staff resources suitably on projects. A graphical assignment board provides transparency on resource assignments
  • Check and ensure that the consultants or employees staffed to specific projects or reporting lines are recording their time entries correctly
  • Simplify and enhance the management of cost rates with flexible cost-rate maintenance features
  • Drive efficiency and automation; increase service levels; reduce operational costs
  • Make data-driven decisions with predictive analytics

Key Benefits of the Solution

  • Improve performance with real-time financial management, and increase efficiency with end-to-end global project control and operational visibility
  • Manage customer and internal projects with total transparency in real time
  • Improve automation, efficiency, and agility through machine learning
  • Project managers can also monitor projects for financial performance, using criteria such as cost, revenue, margin
  • Increase transparency on profits through enhanced profit-centre reporting with the flexibility to assign multiple profit centres on a billing-item level.

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