SAP S/4HANA 1709 ERP brings machine learning and analytics

SAP company
SAP announced that SAP S/4HANA 1709 ERP suite comes with SAP Leonardo Machine Learning capabilities and predictive analytics.

SAP can also customize S/4HANA 1709 for specific to lines of business such as Finance, Supply Chain, Sales and Marketing and industries such as Manufacturing.

“This latest release is the next step in providing customers the innovations they need for successful digital business strategies,” said Uwe Grigoleit, SAP S/4HANA Go-to-Market general manager and senior vice president, SAP.

The new applications included in SAP S/4HANA 1709 provide real-time insights and business context while simultaneously freeing resources from repetitive tasks.

SAP Cash Application software learns matching criteria from a company’s historical financial clearing data to automatically pair invoices with incoming payments. This creates efficient shared-services centers and allows finance professionals to be deployed to more strategic activities.

The business software major said SAP Fiori apps for contract consumption predict contract expiration or goods consumption, which enables effective supplier negotiations and relationships. Customers can forecast contract consumption directly within the application and update the model using their own data.

SAP S/4HANA 1709 delivers new capabilities for the mining and mill products industries and retail companies, while also easing adoption for companies in every industry.

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