What are preconfigured solutions?
SAP Preconfigured solutions are implementations featuring standard functionality or common patterns. Since they include common enterprise features such as supply chain, finance, and inventory management, preconfigured solutions can be deployed rapidly. In simple terms, SAP preconfigured solutions are simple, ready-to-consume solutions that adapt to your business needs.
SAP Rapid Deployment Solutions allows the development of preconfigured solutions for specific functional areas, complete with pre-built reports, preconfigured content, and predefined best practices. Such suites enable enterprises to deploy software easily, with accelerated implementation times, and predictability in cost and scope.
Each preconfigured solution is a complete, end-to-end implementation. Enterprises may adopt it as such, or use it as a base for developing a full-blown customized solution. Open source solutions allow enterprises to download the source code and customize the solution.
Traditional preconfigured solutions came on-premise. The SAP HANA Enterprise Cloud heralds the cloud version of preconfigured solutions.
Related Reading: What is Business Process Expertise in SAP and Why You Need it
How preconfigured solutions enhance industry operations?
Preconfigured solutions spare enterprises from “rediscovering the wheel.” When solutions exist for standard requirements, it avoids the wastage in development efforts. Preconfigured solutions save time, trial-and-error, and labor. The in-built accelerators allow rapid implementation and configuration. The shortened time to market delivers a competitive advantage to firms.
A preconfigured solution offers a working model with glitches removed. These solutions connect key functional areas, to streamline operations and improve communication flow across departments. It automates routine and repetitive functions and offers well-structured content that improves visibility into key fields.
SAP offers built-in support for industry best practices. Solutions developed using SAP combines the latest technology, industry best practices, and processes in a single package.
Developers using SAP to build preconfigured solutions can adopt a modular and scalable approach. They mix modules to create targeted solutions such as CRM, field management suite, ERP and more. Clients may choose the most relevant reporting tools for their reports using SAP Business Intelligence Adoption rapid-deployment solution. SAP Predictive Analytics Content Adoption rapid-deployment solution helps to implement a predefined predictive analysis use case.
Transforming various industry verticals
Preconfigured solutions deliver efficiency improvements in several industries and verticals. Five of them are mentioned below:
1. Real Estate
Unstandardized information, inefficient processes, and weak communications often affect the real estate industry. Preconfigured solutions enable enterprises to streamline data and workflows.
Developing preconfigured solutions for key functional areas of the real estate industry allows business owners to access information in real-time, prevent opportunities from slipping through the cracks, and remain in control of the business. Here are a few key functional areas where pre-configured solutions can come to the rescue of real estate enterprises:
- Document management with powerful search and sort functionality.
- Process automation functions to streamline operations.
- Contact maintenance to keep track of customers and upcoming tasks.
- Reporting and analytics to generate and share data and other critical information.
2. Supply Chain and Logistics
Preconfigured solutions make the complex supply chain relationships simple and easy to handle. SAP’s Model Company for supply chain planning offers a ready-to-run, comprehensive solution, complete with relevant business content, accelerators, and enablement services.
The suite co-opts:
- Demand planning to manage demand streams and increase productivity.
- Response and supply planning.
- Supply and allocation planning.
- Deployment planning.
- Sales and Operations planning.
The inbound and outbound integrations with SAP S/4HANA ensures seamless integration with other functional areas, such as sales. Businesses gain improved visibility to the upstream and downstream business value chains and can visualize the entire supply chain network. The preconfigured solution aligns demand and supply plans with financial targets and key performance indicators.
Related Reading: Seamlessly migrate to S/4HANA with these tools and methodologies
The healthcare industry is under pressure to innovate while keeping up with regulations. Preconfigured solutions automate regulatory concerns and compliance. Ready-to-run process models and scenarios enforce standardization with tight quality controls. It improves efficiency in research and development. Accelerators support rapid design and implementation.
The most popular modules of SAP’s preconfigured solutions in healthcare are meant for:
- Research and development
- Quality and traceability
- Logistics and transport
- Purchases and provisioning
- Marketing and commercial
4. Sales and Marketing
SAP preconfigured solutions infuse efficiency to customer-facing functions and increase customer satisfaction. Its most popular implementations in the sales and marketing domain include:
- Predicting customer demand based on real-time data.
- Tracking sales history.
- Automating sales operations. The solution tracks all processes, from ordering of raw materials till the delivery, and takes care of auditing, notifications, and reporting.
5. Financial Services
The SAP Model Company solution for Financial Services offers a ready-to-run, comprehensive solution to support the core financial processes, including:
- General accounting
- Cash and treasury functions
- Planning and forecasting
These preconfigured solutions come with relevant business content for a specific use-case, accelerator, and enablement service. These solutions enable gap analysis, address resource bottlenecks, and support lean implementations.
Today’s enterprises seek efficiency improvements and cost savings without compromising quality. Fingent uses SAP to build pre-configured solutions that enable enterprises to realize such goals. Implementing these custom-built pre-configured solutions helps you transform your processes across various business areas and improve your customer relationships.
Contact us to get a free consultation with our SAP Experts.
SAP Model Company: Understanding the Significance and More!
With changing business requirements, you need IT systems that support rapid business transformation. Your company needs to focus on innovation that is result-driven. Traditionally you had an on-premise style of implementation where you spent around 6-18 months implementing a solution. But this approach is not feasible in today’s ever-changing environment. If only you could find tried and tested solutions that could speed up your digital transformation. Here’s where SAP Model Company comes in.
What is SAP Model Company?
The SAP Model company is a set of pre-configured, ready-to-use, end-to-end business solutions that focus on ramping up the company’s digital transformation process. These solutions are customized for a particular industry or line of business. There are many teams working to outline the core processes of an industry or LOB. They combine the best practices of various successful business transformation projects which are powered by the most modern applications. In other words, you get prepackaged reference solutions that are based on what other companies have done successfully. Thus, the SAP Model Company is so much more than the older typical environments like IDES.
SAP Model Company is an industry solution that helps companies in their move to SAP S/4 HANA. Apart from S/4 HANA, the SAP Model Company also contains SAP C/4HANA, SAP SuccessFactors and many other SAP solutions. It can be used in both Greenfield and Brownfield applications.
Why you need SAP Model Company?
- The complexity of SAP solutions overwhelmed users and hence they demanded guidance.
- SAP users had little or no knowledge of how to use or implement industry and LOB-specific processes using standard practices.
- Changing times demanded rapid innovation. Companies required accelerators that helped to reduce the time of implementation and also reduced the risks of failure.
- Enterprises spent a considerable amount of time on the blueprint phase just to find out that their concept could not be implemented using current technologies.
Significance of SAP Model Company
The SAP Model Company is a true reference solution. In other words, you are to use the Model Company as a dictionary. You look into it for the terms and definitions and choose what you would like to take into your landscape. If you find a 100% fit, you can directly import the processes from the Model Company into your development environment.
However, the Model Company focuses only on really important processes. For instance, a Model company in oil and gas has a very limited scope on how to manage a pipeline, whereas in a real-life scenario you have more than hundreds and thousands of pipelines. You can refer to the configuration guides in the Model Company and then scale out as required.
SAP Model Company is Future-proof!
In the words of Stephan Klein, SVP and SAP Model Company Lead, the Model company is set to become the baseline for the entire SAP product portfolio. It spans across all SAP solutions for on-premise, single-tenant, multi-tenant cloud and hybrid platforms in industries and LOBs and is completely interoperable.
The planned portfolio for 2020 constitutes more than 30 model companies for industries and LOBs. The industry model companies include Consumer Industries, Service Industries, Discrete Industries, Public Services, Energy and Natural Resources. These industry model companies are structured on top of the LOB model companies such as Digital Supply chain, CRM and Customer Experience, Financial Services, HR and People Engagement. The very baseline of the portfolio is built on S/4 HANA Best Practices or on SAP S/4 HANA Multinational Corporation.
Accelerate your business growth and intelligence with SAP Model Company
The SAP Model company contains market standard business processes together with their configurations. It aims to transform business processes by enabling enterprises to adopt industry best practices and incorporate innovative technologies wherever possible.
Here are a few benefits of SAP Model Company:
- Faster time-to-value, freeing up your resources for further innovation.
- Accelerate your digital transformation by reducing costs and risks of implementation.
- Choose the right solution based on the industry reference architecture.
- Lower ratio of service costs compared to software costs.
In the case of a cloud environment, Model Company services can be accessed immediately, within hours. If you want to use the Model Company on-premise, then you can start with your business users, fit-gap analysis or even your business blueprint design right away. You thus accomplish value-based outcomes in weeks rather than in months. Along with greenfield implementations, you can also use the Model Company as a sandbox system to facilitate back to standard discussions with your business. The end-to-end LOB-proven processes allow you to minimize customizations and benefit from the latest innovations with proven standard practices.
Need help with your SAP Model Company implementation? Why not ask the pros? Contact us now!