SAP Predictions for 2025 – insightsoftware

December 18, 2024

2024 has been a yr outlined by technological innovation because the rise of AI made a profound splash for SAP-powered finance groups. On the opposite facet of the coin, additionally they battle with expertise shortages that make it troublesome to maintain up with the velocity of growing expertise. In line with the SAP version of insightsoftware and Hanover Analysis’s most up-to-date Finance Crew Developments Report, 91% of SAP finance groups grapple with expertise shortages to some extent, and speedy technological development was listed as the highest trigger.

In consequence, SAP-driven finance groups face more and more complicated challenges main into 2025. SAP ERPs, whereas trusted for being sturdy, usually current challenges akin to information administration complexities, integration difficulties, and a steep studying curve that make expertise shortages really feel much more painful.

Are SAP customers poised to bridge the abilities hole and rise up to hurry with new expertise within the new yr? And what different new SAP improvements can we sit up for? Listed here are our SAP predictions for 2025.

S/4HANA Migration

One pattern we see in 2025 is elevated S/4HANA adoption. That is by necessity–by December of 2027, SAP plans to section out SAP ECC in favor of S/4HANA. As a result of SAP S/4HANA operates within the cloud, it gives enhanced flexibility, price financial savings, and scalability, however SAP finance groups discover it difficult to make the transfer.

Our latest Finance Crew Developments Report discovered that solely 26% of SAP-driven finance groups have totally moved to a cloud setting. Of those that haven’t migrated, 42% plan to take action inside the subsequent yr, whereas 51% plan a cloud migration inside the subsequent two years.

Migrating to the cloud isn’t a cut-and-dry course of. In line with a latest CIO examine, practically two-thirds (66%) of CIOs discover the most important hurdle to S/4HANA migration is aligning IT, enterprise, and mission groups. Of the groups it surveyed, CIO discovered that 12% intend emigrate to S/4HANA, however have postponed the beginning of their transition.

To beat obstacles like these in 2025, SAP-powered finance groups want a platform that addresses the abilities gaps that stop groups from shifting to S/4HANA. Whereas constructing in-house IT experience is important, it’s time-consuming. Investing in user-friendly instruments with information warehousing capabilities can bridge this hole, enabling seamless entry to legacy and cloud information, accelerating decision-making, and enhancing total effectivity.

Navigating Information Integration Challenges

The information panorama for SAP finance groups is turning into more and more complicated, and it doesn’t present indicators of stopping in 2025. That is made extra complicated as SAP finance groups juggle SAP and different programs. In line with our analysis, 99% of SAP-based finance groups use each SAP and non-ERP information sources for a holistic view of their funds. This consists of Human Sources Info System (HRIS), Enterprise Asset Administration (EAM), Buyer Relationship Administration (CRM) programs, and different non-ERP software program.

The combination of those programs with SAP ERP information is a significant hurdle that may result in information silos, inconsistencies, and difficulties in accessing real-time data for reporting. With out entry to CRM information, SAP customers could battle to create correct income forecasts, resulting in misaligned funds allocations and potential money move shortages. Our examine of SAP customers exhibits that 82% of SAP customers agree that poor information administration and integration is the most important problem to monetary reporting, forecasting, and compliance.

Addressing these information integration challenges with coherent software program methods can considerably enhance effectivity and accuracy. With a recent new yr on the horizon, 2025 is a good time to make the decision to ease information integration woes.

Using versatile, scalable instruments that may connect with all present and future information sources will guarantee consistency, accuracy, and regulatory compliance. This method will not be solely extra environment friendly but additionally permits SAP-powered groups to spend their time on proactive initiatives that can drive progress.

Elevated Want for Self-Service

With the acceleration of technological development, SAP-powered groups can now not afford to attend for essential insights from their information. Though SAP ERPs include native reporting instruments that permit groups to run commonplace monetary studies, that doesn’t cowl questions from management that an out-of-the-box report can’t reply.

When SAP groups are confronted with these requests, they flip to IT groups or consultants with technical experience to run customized studies. This leaves finance groups over-reliant on IT. IT groups navigate a company’s crucial infrastructure each day, so requests from finance usually transfer to the underside of the pile. This causes delayed insights and roadblocks to efficient decision-making. Moreover, the IT division is more and more answerable for managing and integrating monetary information. The impression of that is clear in our 2024 examine, the place 76% of SAP-based finance groups reported feeling over-reliant on IT.

In 2025, you don’t have to depart your vital studies for IT to deal with. Velocity up the method and put the ability to report in finance’s fingers by adopting intuitive, built-in reporting instruments that don’t want technical information to run. These options allow customers to create customized studies independently, eliminating delays from ready on IT.

2025 guarantees to be a yr of continued innovation as SAP finance groups steadiness advancing expertise with the assets they have already got. Within the new yr, sustain with what’s new whereas giving your group a leg up on the competitors with insightsoftware’s SAP options.

Empower Your SAP Finance Crew: Simplify S/4HANA Migration and Past

Say goodbye to the frustration of handbook processes and inefficient reporting. insightsoftware Monetary Optimization for SAP empowers finance and accounting groups with real-time SAP information entry and automatic transaction postings, liberating you to give attention to significant evaluation as an alternative of tedious duties.

Whether or not it’s month-to-month reporting or ad-hoc inquiries, our Excel-based resolution simplifies your workflows with pre-built studies, automated information uploads, and built-in error dealing with. Better of all, it reduces your reliance on IT, giving your crew the independence and agility to deal with enterprise challenges head-on.

Ease Your S/4HANA Migration

Whether or not you’re already working on S/4HANA or nonetheless counting on ECC, insightsoftware gives the pliability and scalability to satisfy your distinctive wants. Our cloud-native functions could be simply built-in together with your present infrastructure, offering a easy transition to a extra cloud-centric setting. Wherever you might be in your cloud journey, insightsoftware will meet you the place you might be.

Achieve Self-Service

Take reporting off IT’s plate. Our options provide a excessive diploma of user-friendliness and suppleness, permitting SAP finance groups to take management of their monetary processes with out in depth IT involvement. From budgeting and forecasting to reporting and evaluation, our software program gives intuitive interfaces and pre-built templates that streamline workflows. By decreasing the necessity for IT help, finance groups can change into extra agile and aware of enterprise calls for.

Fill Expertise Gaps with Course of Automation

SAP groups are beneath immense strain. With 91% dealing with ability shortages, the flexibility to ship well timed, correct insights has by no means been extra crucial. At insightsoftware, we perceive this problem firsthand. Our instruments are designed to bridge this hole by automating routine duties, enhancing information accuracy, and offering a platform for deeper monetary evaluation. By empowering SAP ERP customers with intuitive instruments and workflows, we equip them to do extra with much less.