Blogs February 5, 2025 Representational Image The rise of artificial intelligence (AI) has had a significant impact on SAP-powered financial teams, making 2024 a year marked by technical innovation. On the other hand, they encountered a skills shortage that restricted their ability to keep up with the rapid advancement of technology. Rapid technological innovation was identified as the primary source of the skills shortages of 91%, according to the most current Finance Team Trends Report from Research’s SAP edition. SAP ERPs frequently have limitations, including complicated data management, integration issues, and a high learning curve that causes the pain of a skills shortage. This article discusses SAP’s development plans and their implications for consultants who want to thrive in this changing environment. SAP S/4HANA Migration In 2025, we expect a rise in the use of S/4HANA. This is necessary since SAP intends to phase down SAP ECC in favor of S/4HANA by December 2027. Although SAP S/4HANA offers increased flexibility, cost savings, and scalability due to its cloud-based operation, SAP finance teams find the transition difficult. Just 26% of SAP-driven finance teams have completely shifted to a cloud environment, according to our most recent Finance Team Trends Report. 51% […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
