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Why SAP consultants should learn S/4 HANA
For some time, SAP consultants have been able to earn high pay rates regardless of which area of SAP they were knowledgeable in. Now, if you want the highest earning potential, it’s all about learning the ropes of S/4 HANA – SAP’s next generation business suite.
Matt Zitouni, ERP specialist at Networkers, describes what it is, where you learn how to implement it and what you can expect to earn as an S/4 HANA specialist.
What is S/4 HANA?
SAP S/4 HANA is SAP’s next generation business suite designed to help organisations run and manage enterprise resources digitally. This new suite is built on an advanced in-memory platform, SAP HANA, and offers a personalised user experience with SAP Fiori.
Originally SAP used databases owned by other providers. Now, SAP uses HANA - its own database which offers ‘real-time’ analytics, stores data ‘in-memory’ and is column orientated for ease of use.
One of the first S/4 products to run on HANA was Simple Finance, released by SAP in 2015. Simple Finance saw a big change in terms of how financial data was stored in the SAP system. Numerous tables that traditionally stored SAP Finance and Costing (FI/CO) data have been condensed into a handful of HANA tables which reduces complexity in data storage and increases reporting speed.
Opportunities for businesses and SAP specialists
Deployable in the cloud or on-premise, SAP S/4HANA is built to drive instant value across businesses and industries making complex and sophisticated data simple to manage and control.
There are many components to the S/4 HANA business suite that SAP implementation specialists have the opportunity to be involved with including:
- People – SAP SuccessFactors
- Customer – S/4 HANA Marketing
- Finance – Financial Services Network
- Procurement – SAP Ariba
- Labour – SAP Fieldglass
- Travel - Concur
With increased functionality and complex databases condensed and conveyed in a simplistic form, S/4 HANA has become very popular and as a result, SAP intends to add this functionality to all of the traditional modules in the ERP portfolio. For this reason it’s essential for SAP specialists to be able to implement S/4 HANA, or risk their existing skill set becoming obsolete in the future.
How consultants can learn the ropes of S/4 HANA
The training section of the SAP website is a great place to learn about S/4 HANA, here you can access courses online and in class to give you some hands on experience with this module and even gain a certification of your knowhow. There are of course, many other online resources that you can utilise in order to grasp S/4 HANA, but generally employers seeking their next S/4 HANA consultant have a preference of hiring certified professionals through the official SAP sources.
S/4 HANA advantages for SAP consultants
There is still some confusion amongst organisations as to which SAP products to use and this is providing a window of opportunity for SAP consultants to catch up with S/4 HANA.
It’s not just advantageous for your employability to learn S/4 HANA, it will also result in a higher pay rate with contract consultants commanding between £580-£780 per day and permanent employees earning between £70,000 to £120,000 per annum.
If you’re still not convinced, please give me a call and by all means, if you’re ready for your next SAP job opportunity, please check out our latest jobs here.
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