SAP recently released SAP S/4HANA Cloud Private Edition 2023 FPS03, packed with new AI, automation capabilities, and usability improvements to transform business operations.
These powerful capabilities help reduce manual effort and empower smarter decision-making while helping businesses stay ahead of the competition.
In the SAP S/4HANA Cloud Private Edition 2023 FPS03 release, innovative AI capabilities continue to be shipped at a fast pace. They help businesses improve employee productivity, assist in decision-making, and provide predictive insights, in order to better adapt to changing demands and better compete in an unpredictable environment.
New AI capabilities include:
Additions to SAP’s unified copilot Joule
After having released many transactional and navigational use cases with S/4HANA Cloud Private Edition FPS02, we continue our journey with releasing Joule support in these areas:
The latest release features a wealth of new enhancements to improve business processes across procurement, finance, manufacturing, R&D, and service and asset management. The enhancements include:
Procurement
Mass change of price scales in central purchase contracts enables procurement professionals to efficiently perform mass changes on central purchase contracts by uploading or downloading scale values for item condition types using Microsoft Excel.
Finance
Manufacturing
R&D
Service Management
Service hierarchy with collective accounting: Enhance commercial flexibility in creating bundled service offerings by grouping of service order items into service hierarchy and by consolidating financial reporting and revenue recognition.
Asset Management
SAP is resolutely at the forefront of the AI revolution, embedding ever more capabilities in SAP S/4HANA Cloud Private Edition. We redefine how businesses run and how people work, and this is only the beginning. We are working on new agentic capabilities soon available via Joule, underpinned by our recent launch of SAP Business Data Cloud.
With the FPS03 release, our aim is to equip businesses with new capabilities to increase their level of automation, improve their users’ experience, boost their efficiency, and uncover new business opportunities.
To see these innovations in action, make sure to join our upcoming webinar, which will deep dive into the new AI functionalities and other innovations introduced here. You can also learn more about our recent innovations by reading: What’s New in SAP S/4HANA and SAP S/4HANA Cloud Private Edition 2023 FPS03.
Maura Hameroff is senior vice president of Cloud ERP Product Marketing at SAP.
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