14 Major Differences Between SAP ECC and SAP S/4HANA. SAP S/4HANA is SAP's ERP for large enterprises. It is the successor of SAP R/3 and SAP ERP and is optimized for SAP's in-memory database SAP HANA.
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Enhancement pack 4 is the latest EHP version and it is based on the NetWeaver platform. One is the on-premise version, SAP SRM 7.0. In the same pattern, we have two different versions when it comes to SAP SRM as well.
Operational Procurement – Catalog management, creating invoices, processing purchase orders, shopping cart management for direct procurement and indirect procurement. After that, SAP recommends its customers to transition towards its cloud application for procurement solutions called SAP Ariba.SAP SRM 7.0 is usually integrated with MM (Materials Management) module in SAP ECC or SAP S/4HANA to achieve the end to end procurement business process operation which includes, purchase requisition, purchase order management, goods receipt, material management invoices, financial invoices, and open item clearings.In this blog, we will be discussing SAP SRM 7.0, the on-premise version of SAP SRM. End of mainstream maintenance for SAP SRM 7.0 is 31st December 2027.
Let’s discuss SAP Ariba in detail in an another blog post.Please let me know your thoughts in the comment section below. It provides capabilities such as Supplier Management, Strategic Sourcing, Supply Chain, Procurement, Services Procurement and External Workforce, Selling and Fulfillment. Operational reporting and workforce mobility.As mentioned previously, SAP also has a cloud based B2B sourcing and procurement application called Ariba where buyers and suppliers can do business in a networked structure. Services Procurement – To manage services procurement for large services provided or received. Supplier Self Service – Manage self-service capabilities for suppliers. Operational Contract Management – Managing supplier contracts centrally.
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