The digital transformation journey, especially within the software and SaaS sectors, has seen a significant shift toward cloud-based ERP systems. This trend is driven by various factors, including the need for greater agility, scalability, and efficiency in operations. More large and mid-sized SaaS companies are moving away from traditional on-premise ERP systems or low-end cloud ERPs to comprehensive cloud-based ERP solutions. This shift allows for easier access to data, enhanced collaboration, and real-time analytics.

Previously in this Insights Series, we have touched on a wide range of topics that are important for enabling companies to cost-effectively move to cloud-based ERP implementations. These have included migration tools such as SAP RISE and GROW, reducing Digital Debt, and fast-tracking Subscription Billing with Public Cloud Packaged Solutions. In this new Insights post we focus on SAP Clean Core to explore how it can lay a solid foundation for streamlining the transition to SAP Cloud Public or Private Edition, while also providing an extensible future-forward framework to support both fit-to-standard and company-specific extensions.

With each quarterly earnings announcement showing dramatic increases in cloud ERP revenue, SAP’s strategic shift to S/4HANA cloud services is clearly now in full swing. In Q1 2024, revenue from the Cloud ERP Suite was up 32% and reached $3.48 billion US, marking nine straight quarters of 30%-plus growth. 

Previous episodes in this Insights Series have explored the challenges created by new Digital Solutions Economy paradigms for billing, fulfillment, invoicing, revenue accounting, and compliance across a wide range of industries. In this new Insights post, we take a look at the management, revenue accounting, and compliance issues for Professional Services companies.

Watch Bramasol’s recorded webinar from July 25th, where John Froelich, along with David Eastlund, Christian Ilmberger, and Boris Aljancic from SAP’s Development team, discussed the powerful new features such as multi-currency and early billing that extend the capabilities of SAP’s premier cloud Order to Cash solution, Subscription Billing.

The webinar included a deep dive into how these new features work, and the panel addressed best practices for implementing them smoothly into your overall end-to-end, quote-to-cash to compliance landscape.

They also explored alternatives for connecting with various front-end customer-facing systems and back-end revenue recognition solutions. Lastly, the presentation provided insights into seamlessly optimizing these new features within SAP S/4HANA Cloud environments.

Recent posts in this series have provided updates on SAP RISE and GROW, with a focus on how they can help streamline the path for companies migrating to SAP public and private cloud editions.  This new episode drills down into the concept of maintaining a "clean core" in your ERP system to assure a solid foundation that minimizes unnecessary customization, which could impede organizational agility going forward.

In this blog post, we are taking a closer look at two important initiatives from SAP with a focus on what they are and how they can help companies optimize their ERP systems and accelerate their business growth.

As one of SAP's longest serving partners, Bramasol has seen and participated in many major changes during our 25 years of working in the SAP ecosystem.  When we express how excited we are with the new RISE with SAP initiative that was launched in Q1 2021, it comes with that deep history and perspective in mind.