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Next generation business process optimization

Increasing process efficiency is constantly at the top of CEOs' agendas. Process Analytics can help - and also accelerate the migration to SAP S/4 Hana.
E-3 Magazine
August 5, 2020
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This text has been automatically translated from German to English.

The lockdown required most companies to take quick action to secure liquidity. At the same time, new opportunities are opening up to raise process performance to a whole new level in terms of costs, speed, delivery reliability and capital commitment.

Process Analytics provides a new and highly innovative tool for this purpose. This digital approach - and this is the innovation - is based on the mass Big Data analysis of transaction data in the business processes that already exist in companies' ERP systems.

Process Analytics thus shows in a short time and with a high degree of accuracy where efficiency reserves are hidden and what specifically needs to be done to exploit them.

However, in order for this new approach to develop its potential, it is imperative that companies have close cooperation between business process, IT and process analytics experts.

One advantage of process analytics that is particularly noteworthy in the current "corona era" is that optimization teams can collaborate virtually, without face-to-face contact. The methodology is thus key to making sound, data-based decisions to improve performance.

"Traditional process analysis methods in consulting projects tie up considerable time as well as expert and management resources - disadvantages that no longer have to be accepted in times of fully automated processes. This is a decisive advantage over traditional approaches."

emphasizes Jonas Lünendonk, Managing Director of Lünendonk & Hossenfelder.

Successes achieved through process analytics. From: Lünendonk Topic Dossier 2020: Process Analytics.

With process analytics, companies have the opportunity to visualize and understand the real processes running in the company within a very short time on the basis of transaction data end to end. With the increasing digitization of companies, a basis now exists for implementing rapid analyses.

However, many companies also use process analytics to significantly simplify processes that have often "grown" over time. For example, many S/4 Hana conversions are currently taking longer than planned, are running massively out of budget, or are even failing altogether.

One common reason is the mere transfer of an existing process world with all its unresolved problems into the new system. Michael Lukarsch, Managing Partner at Horn & Company, draws a fitting comparison:

"As with a private move to a new home, a prior 'clean out' and 'clean up' can make the transition much easier."

Process analytics can significantly reduce both capital expenditure and migration time.

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Work on SAP Basis is crucial for successful S/4 conversion. This gives the so-called Competence Center strategic importance among SAP's existing customers. Regardless of the operating model of an S/4 Hana, topics such as automation, monitoring, security, application lifecycle management, and data management are the basis for the operative S/4 operation. For the second time already, E3 Magazine is hosting a summit in Salzburg for the SAP community to get comprehensive information on all aspects of S/4 Hana groundwork. With an exhibition, expert presentations, and plenty to talk about, we again expect numerous existing customers, partners, and experts in Salzburg. E3 Magazine invites you to Salzburg for learning and exchange of ideas on June 5 and 6, 2024.

Venue

Event Room, FourSide Hotel Salzburg,
At the exhibition center 2,
A-5020 Salzburg

Event date

June 5 and 6, 2024

Tickets

Early Bird Ticket - Available until 29.03.2024
EUR 440 excl. VAT
Regular ticket
EUR 590 excl. VAT

Secure your Early Bird ticket now!

Venue

Event Room, Hotel Hilton Heidelberg,
Kurfürstenanlage 1,
69115 Heidelberg

Event date

28 and 29 February 2024

Tickets

Regular ticket
EUR 590 excl. VAT
The organizer is the E3 magazine of the publishing house B4Bmedia.net AG. The presentations will be accompanied by an exhibition of selected SAP partners. The ticket price includes the attendance of all lectures of the Steampunk and BTP Summit 2024, the visit of the exhibition area, the participation in the evening event as well as the catering during the official program. The lecture program and the list of exhibitors and sponsors (SAP partners) will be published on this website in due time.