From Traditional to Digital: Taking Utilities Industry to the next level with SAP S/4HANA

Website: www.vc-erp.com | Email-id: sayhello@vc-erp.com | Phone: +91 79 48998911
Copyright © 2022 VC ERP Consulting (P) Ltd. All rights reserved.
From Traditional to Digital: Taking Utilities Industry to the next level
with SAP S/4HANA

Table of Contents
Table of Contents
From Traditional to Digital: Taking Utilities Industry to the next level with
SAP S/4HANA
Four Key Trends to Watch: Transforming the Energy and Utility Landscape
Accelerate Business Agility with SAP S/4HANA for Utilities
SAP S/4HANA Modules for Utilities
Why choose VC ERP Consulting for your SAP S/4HANA Implementation?

Today’s fast-paced utility industry is experiencing significant disruption due to the digital
era. The industry is being transformed by the integration of digital technologies into all
aspects of the energy value chain, from production and distribution to consumption and
customer service.
The rise of renewable energy sources, energy storage technologies, and the Internet of
Things (IoT) and enterprise mobility has made it possible to optimize energy use and
reduce waste, leading to greater efficiency and cost savings.
Digital transformation is giving rise to new marketplaces for agile utility businesses. For
example, new technologies like renewable energy, energy storage, and smart grids are
disrupting the traditional utility business model that involves –
 Electric Power
 Natural Gas
 Steam Supply
 Water Supply
 Sewage removal
In addition, it has opened up several avenues as opportunities for new players to enter
the market.
To help the utility industry meet challenges head on, SAP has brought together their
intelligent, robust and secure industry-leading SAP S/4HANA ERP Software & VC ERP
utilizes the best practices for industry implementation captured through decades of
experience working together.
This article outlines four trends utility companies should address in future and shows
how SAP S/4HANA implemented by VC ERP Consulting can help organizations become
high-performing digital companies of the future.

Four Key Trends to Watch: Transforming the Energy and
Utility Landscape
To address the challenges posed by disruptive forces in their industry, energy and utility
companies must establish strategic priorities in below mentioned four key areas –
Enable Resilient Revenue Streams
The energy industry is undergoing a rapid transformation driven by the increasing
deployment and cost competitiveness of renewable energy technologies. These
disruptive technologies are changing the way electricity is generated, distributed, and
consumed, and are leading to the emergence of new business models and revenue
streams.
By adapting to this changing energy landscape and implementing SAP S/4HANA you can
develop new partnerships and offerings, embrace new business models and remain
competitive and thrive in the evolving energy market.

Enhance Customer Experience
Utility businesses are keeping up with the changing relationships with and expectations
of their customers to remain competitive in today’s market. Digitalization offers
numerous opportunities for energy and utility companies to engage with their customers
and meet their needs more effectively.
SAP S/4HANA helps you to gain valuable insights into customer behaviors, preferences,
and needs. These insights can be used to develop targeted marketing and sales
strategies, improve customer service, and enhance overall customer experience.

Maximize B2B Value Propositions
Emergence of intelligent technologies is transforming the energy and utility industry,
enabling both utility companies and their customers to monitor and manage energy
usage more effectively. These technologies are giving business customers the ability to
monitor and control their energy usage beyond the meter, with greater granularity and
precision than ever before.
This granular data can help businesses identify opportunities to reduce energy waste and
optimize their energy usage, leading to cost savings and a reduced carbon footprint.
Utility businesses can leverage SAP S/4HANA to provide value-added services to their
business customers. For example, they can offer real-time energy usage monitoring and
reporting, demand response programs, and customized energy usage recommendations.
These services can help businesses reduce their energy consumption, improve their
sustainability, and save money on their energy bills.

Cutting-edge Cost Management Approaches
The utility industry is going through changes due to various factors such as increasing
demand for clean energy, the emergence of new technologies, and changing customer
expectations. Despite these changes, utilities must continue to provide safe, reliable,
cost-effective, and sustainable service to their customers.
To achieve this, utilities need to implement SAP S/4HANA to transform their processes
and reduce costs in their core business areas. With SAP S/4HANA, your utility business
can meet the changing needs of their customers, reduce their operational costs, and
contribute to a more sustainable energy future.
In order to remain competitive and take advantage of these changes, the utility industry
needs to address the challenges posed by the above -mentioned four trends shaping
their future. Now we talk about SAP S/4HANA that helps utility businesses take
advantage of these trends.

Accelerate Business Agility with SAP S/4HANA for
Utilities
SAP S/4HANA is an intelligent ERP, enabling utility companies to deliver the ultimate
customer experience, through the power of the intelligent enterprise. An intelligent ERP
makes it possible for companies to adapt & scale with the agility needed to stay at the
forefront of ever-shifting markets.
This intelligent ERP is built on the SAP HANA® platform and offers a personalized user
experience (UX) based on the design principles of the SAP Fiori® UX.
SAP S/4HANA Digital core helps utility businesses to learn, grow, adapt, and churn
through massive amounts of structured and unstructured data to keep pace with the
digital economy.

This intelligent scalable ERP delivers massive simplification and innovation. Available in
the cloud, on premise, or in a hybrid model, it offers organizations deployment choices
for reducing total cost of ownership and flexibly executing business and IT strategies.
The SAP S/4HANA Utilities solution is designed to enable energy and utility companies
to
 Drive instant value across lines of business
 Master end-to-end process complexity
 Create opportunities to reinvent business models
 Drive new revenue streams
 Simplify the technology landscape
 Reduce data footprint and work with larger data sets in one system
 Leverage a simple, role-based user experience rooted in modern design principles
 Minimize training while increasing productivity and adoption
Innovation is made simpler with an open platform like SAP S/4HANA that drives the
advanced analysis of any data – including text, social, and geospatial data – while
protecting existing IT investments.
Let us now have a look at SAP S/4HANA modules for Utilities.

SAP S/4HANA Modules for Utilities
SAP S/4HANA modules are individual components of a S/4HANA implementation. Each
offers functionality for a specific business purpose like General Ledger, Logistics,
Materials Management and more. They essentially break the relatively monolithic SAP
suite into simpler and more manageable components.
Finance
 Intelligent account reconciliation
 Compliance with financial reporting standards
 Currency rate monitoring
 Centralized accounting transactions
 Financial risk management
Sourcing & Procurement
 Smart buying
 Centralized purchasing
 Integration with SAP Ariba solutions
 Catalog-based reporting
 Automated invoice document recognition
 Cash discount optimization
Sales & Marketing
 Sales order creation
 Approval workflow
 Billing & invoicing integration
 Order & contract management
 Logistics & order fulfillment optimization

Enterprise Portfolio & Project Management
 Intelligent project cost forecasting
 Efficient project monitoring
 Better project timeline reporting
Production
 Quality management
 Intelligent inventory management
 Advanced variant configuration
 Integration with warehouse management
 Demand-based supply chain management
Manufacturing
 Product Master Optimization
 Production Planning and Detailed
 Scheduling
 Materials Requirements Planning
 Production Operations & Engineering
 Complex, Discrete & Component
 Assembly Manufacturing
 Process Manufacturing
 Supply Chain Analytics

Supply Chain
 Data Model Simplification
 Inventory Valuation & Advanced
 Available to Promise
 Extended Warehouse Management
 Transportation Management
 Catch Weight Management
 Quality Management
 Commodity Management
Service
 Optimized Service & Service Master Data Management
 Service Parts & Service Agreement Management
Asset Management
 Allocate & Optimize Resources
 Management of Environment, Health & Safety Data
 Proactive Task Identification, Management & Execution

R & D / Engineering
 Improve Product Development & Project Control
 Manage Enterprise Projects in an Effective Manner
 Streamline Entire Product Lifecycle Management
 Hasten Product Engineering
 Processes with Industry Standard
Human Resources
 Core HR & time recording
With SAP S/4HANA for utilities, implemented by VC ERP Consulting, you can have all your
data in one place, combined with near real-time cognitive computing and data utilization.
It provides a better understanding of what is happening and what is likely to happen.
Moreover, simulation and predictive tools can help every employee gain new insights to
make better informed decisions, improving productivity and increasing profitability.

Why choose VC ERP Consulting for your SAP S/4HANA
Implementation?
SAP S/4HANA experts at VC ERP Consulting work with you to charter your unique SAP
S/4HANA roadmap and support you in defining the right implementation strategy.
Our specialists then draft customized target architecture and clarify the necessary system
requirements. Our consultants use our proven approach and select tools to lay out an
ideal migration plan for you and integrate the individual measures into your IT roadmap.
VC ERP Consulting SAP S/4HANA Capabilities –
 Digital Transformation Services
 Business Transformation As a Service
 Value & Impact Assessment
 Process Audit & Improvisation
 System Administration & Maintenance
 SAP S/4HANA Implementation
 Rollouts – Patch Upgrades
 Localization
 Technical Migration
 Data Migration
 SAP Application Management Services

With numerous modules that can support end-to-end business operations held together
by a digital core of SAP S/4HANA implemented by VC ERP Consulting, the best SAP Gold
Partner in India, utility business leaders can easily simplify GMP compliance efforts,
foresee uncertainty effectively and improve overall efficiency and product safety for
every product.
Are you ready to deliver tangible value to enable intelligent business transformation? Get
in touch with award-winning SAP Gold Partner, Certified Expert SAP S/4HANA Consultants,
and Advisors at VC ERP Consulting for a free consultation.
Call +91 7948998911 (India), Whatsapp +254 111229970 (Kenya), Call +1 469 9156026
(North America), +974 31239246 (MENA), or drop an E-mail at sayhello@vc-erp.com

From Traditional to Digital: Taking Utilities Industry to the next level with SAP S/4HANA

Recommended

Recommended

More Related Content

Similar to From Traditional to Digital: Taking Utilities Industry to the next level with SAP S/4HANA

Similar to From Traditional to Digital: Taking Utilities Industry to the next level with SAP S/4HANA (20)

More from VCERPConsultingPvtLt1

More from VCERPConsultingPvtLt1 (15)

Recently uploaded

Recently uploaded (20)

From Traditional to Digital: Taking Utilities Industry to the next level with SAP S/4HANA