An Overview for the Highlights of SAP S/4HANA Cloud 2202 Release
15-Feb-2022The new year always brings another enhanced release from SAP with the latest SAP S/4 HANA Cloud 2202 Release. Like most other releases, even this release brings numerous enhancements and innovations, further adding value to the existing solutions. Most of these enhancements were deployed with an intention to help organizations hasten their move towards becoming enterprises and better manage the daily business activities with more accuracy and efficiency.
However, one has to first understand these releases effectively in order to leverage them and augment their business. Therefore, continue reading as we explore the details and noteworthy highlights from SAP S/4 HANA Cloud 2202 Release.
Finance
Things like dealing with tedious and time-intensive tasks such as the valuation of invoices at the end of a period are now a thing of the past. The advanced valuation processes in this latest release enable one to manage many of such processes as jobs. The Schedule General Ledger App is the single-entry point for all the jobs and their results.
Apart from that, users can even leverage the new generation of advanced valuations that can be used to enhance and simplify the work. One can even generate valuable insights and ensure undeterred compliance with the latest international accounting standards. The competencies of the advanced valuation processes will help enable users to boost the efficiency of their period ending closing formalities while doing the tasks in a much more competent manner than earlier.
Manufacturing
Planning is an essential aspect for every business, but a manufacturing business has to put extensive efforts into planning its business processes associated with procurement and production. The new planning strategies brought forward by the SAP S/4 HANA Cloud 2202 Release enables such businesses to augment their strategy with an adequate selection guide.
The planning strategies in the configuration environment are listed as the predefined content. This selection guide further makes it easier for businesses to choose and make sense of the planning strategies that have already been delivered. In addition, one can seamlessly find the appropriate planning strategy group through a set of question guides where every step is defined effectively.
Environment, Health, and Safety
The Greenhouse Gas Report is the latest addition for the environment, health, and safety in SAP S/4 HANA Cloud 2202 release. This enables users to classify varied data and locations applicable to the greenhouse gas report before ultimately generating the report. One even has the flexibility to alter the unit of measurements used for the reports or convert the value of various units in response to any specific requirements. This enhancement contributes significantly to the feel and looks of the report while enhancing the refinement and filtering of data selection for the report.
This is what organizations need to shift towards sustainable practices and other existing technologies of SAP S/4 HANA Cloud core that include SAP Responsibility Design and Production, SAP Product Footprint Management, and SAP Sustainability Control Tower.
Service
Service Order Management has been beneficial for businesses for a long time. Therefore, SAP advanced its competencies even further by integrating the service process with agent desktop in SAP Service Cloud. This solution is already integrated. It now allows the service agents to launch varied operations in SAP S/4 HANA Cloud without switching between applications, which means straight from the agent console.
On top of that, this enhancement further helps simplify the implementation of the project with core processes still remaining in the SAP S/4 HANA Cloud and surface in the SAP Service Cloud contingently with the help of mashups. This means the augmented connections between the SAP products an integrated solution will provide an extensive overview of both the front and back office. In addition, there is all the timeline microservice in SAP Service Cloud with the competencies to capture all the essential events associated with the service orders, such as the creation and status change with events that can be configured accordingly.
Supply Chain Management
Make ways for the end-to-end process being a part of the supply chain to turn into a reality with the SAP S/4 HANA Cloud 2202 release. As a result, one can now perform manual transportation planning, including ocean freight, with the help of the freight booking documents in the transportation cockpit.
This can be very beneficial for businesses as it enables them to increase the scope of the business in maritime transportation and add a scenario for freight booking enabling the business to subcontract to other freight forwarders.
In addition, businesses can now create freight units and sales orders in compliance with the freight unit building rules. This means that all businesses need to do now is assign the freight units to the freight booking and facilitate the distribution of selected containers directly without any hassle. This latest release also enables businesses to check for any dangerous goods in marine.
Project Management and Enterprise Portfolio
Prior to this release, the internal employees were the only ones to record the time spent on the projects for the business with Manage My Timesheet in the SAP Fiori app. However, that will change with this 2202 release now; even the employees performing services can book their time for the activities they do accomplish or complete any project for the organization. What’s even better is they can do all that using the same application. This facilitates a centralized point of access for the time employees spend on any given project for the organization.
Further, more time bookings are also made available in Finance, where the booking will be available in the conventional finance reporting and monitoring competencies. This contributes significantly in terms of enhancing transparency within the organization. Experts suggest this has also increased the number of SAP HANA migrations in recent times.
Final Thoughts
This is more or less all that businesses need to know about the essential highlights in SAP S/4 HANA Cloud 2202 release, as these enhancements will have an impact on every business currently using the SAP S/4 HANA Cloud solution. However, there are other enhancements as well that will benefit businesses through this latest release. Therefore, rush to a reliable SAP consulting company like Accely to learn more about these enhancements.