SAP ERP
SAP ERP is a leading enterprise software solution that integrates asset management functionality alongside core business functions such as finance, procurement, manufacturing, sales and human resources.
The ERP solution with built-in asset lifecycle and management capabilities.
SAP is an enterprise resourcing planning solution that integrates core business functions such as finance, procurement, manufacturing, sales, human resources and asset management. SAP ERP’s Enterprise Asset Management (EAM) module offers additional tools for organisations to track, maintain and optimise assets throughout their entire lifecycle.
The EAM module offers advanced reporting and analytics capabilities, providing valuable insights for data-driven decision-making. This in combination with capabilities for:
- proactive maintenance planning
- streamlined work order management
- real-time asset monitoring and
- integration with IoT for predictive maintenance.
Extracting key data provides organisations with meaningful insights that are critical in making the right business decision at the right time. This allows organisations to overcome system pitfalls and thus enhance their asset utilisation and performance, and allowing them to extract the full value of their ERP system.
Features of SAP For Asset Management
Below are some of the key features of SAP for asset management:
- Grow your operations with access to your data from multiple sources integrated within a single solution
- Access personalised business insight from anywhere and utilise real-time data to enable responsive, fact-based decision making
- Ensure compliance and security with built-in global standards.
Migrating To SAP S/4HANA Cloud
SAP ECC has an end-of-life in 2025 with a continued mainstream support until 2027. It is important for organisations to start their migration journey ahead of time.
The migration from SAP ECC to SAP S/4HANA involves upgrading the standard of the current SAP systems while simultaneously adopting a new database.
As with all effective data migration programs, a successful SAP ECC to SAP S/4HANA data migration will require the participation of all parties involved in the project, both functional as well as systems, for the following reasons:
- Level of knowledge and need for communication between the project team and those responsible for maintaining the current systems
- Quality of the data coming from the old applications and their need for remediation
- Volumes of information to be managed
- Synchronisation of data load, configured parameters and improvements (extensions) performed
- Organisational considerations and the cutover process.
One way to smoothen the transition is to understand the data landscapes and resolve data quality issues as a pre-migration activity or as a data cleansing step within the project. This can be achieved with a Data Quality Assessment.
COSOL SAP Expertise
COSOL's global SAP team have rich industry and asset management experience.
- Connect and integrate various data sources such as IoT sensors and SCADA systems into SAP
- Leverage our industry recognised ETL (Extract, Transform, Load) and Legacy Data solution - RPConnect
- Experienced in EAM vendor platform migration projects (ie Hitachi to S/4HANA and SAP ECC to S/4HANA)
- The only asset management vendor in the market that can deliver end-to-end asset management solutions.
Our SAP Team can provide additional services and consulting on:
- S/4HANA Readiness Assessment
- ERP/EAM system assessment / audit
- Solutioning
- Data Cleansing
- Data Migration
- Data Management
- System Deployment
- User Training
- Custom Development
- Reporting
- Application Managed Support
- Asset Management as a Service (AMaaS).
FLEXIBLE CLOUD SOLUTION
Invest in an S/4HANA Public Cloud or Private Cloud solution providing flexibility on cost, hosting and solution complexity.
REVOLUTIONISE ASSET HEALTH
Maintain the performance of physical assets with real-time insights, IoT, machine learning, mobility, and advanced and predictive analytics.
DELIVER OPERATIONAL EXCELLENCE
Reduce costs through increased efficiency by integrating business processes across your assets, enterprise and networks.
AUTOMATE COMPLEX FUNCTIONS
Optimise maintenance and supplies processes in real time with tools based on Artificial Intelligence (AI).
ACHIEVE SUSTAINABLE OPERATIONS
Realise Environmental, Social and Governance goals by extending equipment life, engaging your workforce and optimising supply chain.
ENABLE DECISION-MAKING
Convert your data into meaningful business insights through real-time analytics.
READY TO MIGRATE TO S/4HANA?
Download COSOL's SAP S/4HANA Readiness Assessment Infosheet to learn about why a readiness assessment is an essential first step to ensuring the successful implementation or migration to SAP S/4HANA.