There’s a lot of hype around artificial intelligence (AI).
You’ve heard of AI, but you may not realize how often you use it: every day.
AI is behind the scenes when you unlock your phone with Face ID, search Google, talk to Siri, Alexa, and Google Home, get personalized content in your social media feeds, and see recommendations on Amazon and Netflix.
AI in Business
AI has come a long way since its beginning in the 1950s. After decades of research, development, setbacks, and breakthroughs, AI isn’t just part of our personal lives—it’s a powerful business tool.
Many industries use AI to automate processes, improve decision-making, and drive innovation.
But what is AI?
In a nutshell, AI is a set of advanced analysis and logic-based techniques that interpret events, support and automate decisions, and take action. It identifies patterns and solves problems very quickly with massive amounts of data.
When you begin using AI, you’ll need to correct its work and teach it how your business operates—much like hiring a new employee. But AI is a quick study, and the more examples you give it, the smarter it gets.
AI in ERP Solutions
Business leaders are considering AI’s power and potential when evaluating new technology to optimize processes, increase agility, and improve product and service quality—and their research inevitably leads to SAP.
As a technology pioneer, SAP has designed some of the most robust enterprise resource planning (ERP) solutions available. SAP has been innovating in AI for years and has successfully woven AI into its products and processes.
AI in SAP S/4HANA Cloud, public edition
SAP S/4HANA Cloud, public edition (SAP S/4HANA Cloud), a modern, ready-to-run cloud ERP solution, has over 25 use cases based on AI technology.
SAP S/4HANA Cloud is a modular solution that delivers a clean core to move your digital transformation forward your way. Your business starts with powerful financials to manage multiple countries and entities—and adds functionality as needed.
AI functionality is available in SAP S/4HANA Cloud’s finance, sales, procurement, digital supply chain, and additional modules.
Here are a few examples of SAP S/4HANA Cloud’s available intelligent features.
Finance: The Cash Application—one of SAP’s first AI features embedded in SAP S/4HANA Cloud—automates the order to cash process and accounts receivable accounting. Other intelligent finance features include collections management, accrual recommendation, and intercompany reconciliation.
Sales: SAP S/4HANA Cloud’s intelligent sales features include sales performance prediction, business partner creation, and creating sales orders from unstructured data.
Procurement: Contract consumption prediction and supplier delivery prediction are two examples of SAP S/4HANA Cloud’s intelligent procurement features.
Digital supply chain: Integrated business planning includes demand forecasting with external algorithms, intelligent lead time prediction, and master data anomaly protection. Within digital manufacturing, intelligent features include visual inspection for predicting defective parts.
And because SAP is constantly innovating, it has more exciting AI functionality on the way—including generative AI, human-centered AI, next-gen productivity, and a digital assistant.
Learn More
The benefits of AI are undeniable—it saves time and money, increases efficiencies, and empowers businesses to do more with less.
Access Vision33’s free SAP S/4HANA Cloud info kit to learn more about this game-changing cloud ERP solution. We’re a multi-award-winning SAP partner, and our experts have compiled solution briefs, videos, success stories, and more to show you what’s possible with SAP S/4HANA Cloud.
