After the global economic crisis, management staff began to view purchasing departments differently. Purchasing departments took on a new role: they became centers for controlling costs and finding savings. Purchasing managers realized that having a good buyer on a team translates to real money for the company.
Right after acquiring Qualitrics, SAP announced taking over another company – Contextor. The primary goal of this cooperation is to broaden SAP Leonardo Machine Learning portfolio. Contextor appears to be very helpful in this goal because of the spectrum of their services which covers mostly RPA (Robotic Process Automation).
Introduction of S/4HANA means taking a new approach in enterprise management software. SAP assures that thanks to this solution companies will be prepared for challenges they face every day. One of the biggest is a demand to become fully digitized. That cuts manual work to the minimum and encourages keeping data as electronic paper forms or in spreadsheets. This can only happen with the assist of modern IT software that can support new challenges like e-commerce, IoT or Big Data.
SAP Sales Cloud provides all relevant context data. This means that you get exactly the information you need at any time, without having to search through files, emails or calendar entries. This tool brings you an overview of prices, product details, offers, sales opportunities, and statuses. You get messages and updates conveniently thanks to the dynamic channel. Just like you're used to in the scope of social media.
On 1st July 2018, the law related to the so-called split payment came into force. It includes the possibility to pay invoices in two parts - to the general account and the VAT one. In the case of companies that operate them with SAP systems, it is necessary to adapt them to the new regulations.
At the last SAPHIRE event in Orlando, the company announced releasing brand new CRM suite - SAP C4/HANA (SAP Customer Experience). According to the official statement, it is going to be a major shift from the traditional sales-only based CRM to the end-to-end approach combining marketing, commerce, data protection, sales and customer service.