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End-to-end management

Commerz Real hopes to achieve faster decision-making processes through analyses, evaluations and reporting in real time by integrating and networking with business partners and customers on the basis of S/4 Hana.
E-3 Magazine
13 June 2023
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This text has been automatically translated from German to English.

Commerz Real is the first German asset manager to rely on Rise with SAP

Commerz Real is the first German asset manager to successively convert all key business processes to the SAP software solution for enterprise management S/4. This is being done in combination with the Business Technology Platform (BTP) integration and development platform. The aim is to handle the complete management of all assets as well as all data and processes of Commerzbank's real estate subsidiary cloud-based in the future, including transactions and valuations. To this end, Commerz Real is relying on the full-service offering Rise. SAP will support the entire implementation as well as the operation and technical support of S/4 in the cloud.

"With the complete package of SAP S/4 Hana and SAP BTP, we will take a big step forward in digitalization and our processes will become significantly faster and more efficient," explains Nikolaus Schmidt, Head of Technology and Innovation at Commerz Real. A key advantage of the enterprise management solution is a simplified data model.

"This is a real benefit for our asset and transaction management," Schmidt is certain. Other advantages include ease of use, which allows employees to develop and customize applications themselves without programming knowledge, and the use of digital assistants, so-called avatars, when using the platform. Overall, Commerz Real expects business processes to be accelerated and simplified, resulting in greater efficiency. "This will make our products and services more dynamic," predicts Schmidt.

The schedule envisages migration to the SAP private cloud by the end of 2023 and conversion of the first business units by mid-2024. The cloud infrastructure in turn runs on Microsoft Azure, operated by SAP. The entire business processes are to be completely converted to S/4 by 2027 at the latest. Commerz Real's treasury management system has already been working with SAP Hana since 2020.

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Working on the SAP basis is crucial for successful S/4 conversion. 

This gives the Competence Center strategic importance for existing SAP customers. Regardless of the S/4 Hana operating model, topics such as Automation, Monitoring, Security, Application Lifecycle Management and Data Management the basis for S/4 operations.

For the second time, E3 magazine is organizing a summit for the SAP community in Salzburg to provide comprehensive information on all aspects of S/4 Hana groundwork. All information about the event can be found here:

SAP Competence Center Summit 2024

Venue

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

Event date

June 5 and 6, 2024

Regular ticket:

€ 590 excl. VAT

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.