The integration of Fiori with artificial intelligence on the S/4HANA platform enhances process automation, making operations more competitive and prepared for future market demands
São Paulo, May 2024 – Technological resources have the power to completely transform the operation of companies. Whether through the automation of repetitive tasks, advanced data analysis or the implementation of integrated management systems, technology offers countless opportunities to increase efficiency and drive business growth. The new Fiori interface and SAP BTP solutions with AI, integrated into the S/4 HANA platform, represent a significant advance in terms of intelligence, usability and security, compared to the old SAP Gui.
Paulo Secco, CEO and founder of Mignow, SAP conversion leader in Brazil, compares Fiori's innovation to the technological leap between DOS, Windows 98 and Windows 11. “Fiori is intuitive and adaptable, significantly increasing users' productivity by customizing transactions according to their preferences, also allowing development based on generative AI, with the Joule copilot or an intuitive, AI-based no-code solution for workflow management and RPA”, explains Secco. This evolution reflects the transition from systems based on separate modules to a unified application interface.
Comparison between SAP ECC and S/4HANA | Disclosure: Mignow
Fiori's new interface, accessible through common browsers such as Google Chrome or Microsoft Edge, is compatible with any desktop or mobile device. This improves accessibility and flexibility for users compared to the previous limitations of SAP Gui. Furthermore, the integration of Fiori with artificial intelligence on the S/4HANA platform, used in the supply chain, enhances process automation, making operations more competitive and prepared for future market demands.
The new system, designed to meet the needs of its user, is key to integration, which allows for easy navigation and data analysis. This means that the real-time insights and analysis present in S/4HANA are attributed to Fiori.
Paulo Secco emphasizes the importance of continuous updates, which not only add new features – more than five thousand at last count – but also improve the security and efficiency of the system. “Keeping the software up to date is crucial to make the most of the technologies offered by SAP”, concludes the CEO.
This move by SAP towards Fiori and S/4HANA illustrates a clear commitment to continuous improvement and user satisfaction, ensuring companies remain at the forefront of enterprise technology.
MIGNOW Announces Strategic Collaboration Agreement with AWS to Revolutionize SAP Software Updates Through AI
São Paulo, SP – June 25, 2024 – MIGNOW, a leading provider of AI-driven software migration solutions, announced in June the signing of a Strategic Collaboration Agreement (SCA) with Amazon Web Services (AWS). This strategic collaboration aims to accelerate innovation and deliver value to customers and partners by supporting the adoption of RISE with SAP.
Key benefits of MIGNOW-AWS collaboration:
Accelerated migration projects: The integration of MIGNOW’s artificial intelligence (AI) capabilities with AWS’s robust cloud infrastructure will significantly reduce the time and effort required for software migration projects. Customers can automate the transition to modern, scalable, and secure cloud environments, ensuring fast and seamless migrations.
Enhanced Innovation for Partners: Consulting firms partnering with MIGNOW and AWS will have access to cutting-edge AI tools that simplify project delivery. This collaboration will accelerate project timelines, improve the quality and innovation of solutions delivered, and drive business growth and customer satisfaction.
Simplified Automation: By reducing complexity and increasing efficiency, this partnership will enable faster project completions. MIGNOW’s automated migration software minimizes downtime and mitigates risks associated with traditional migration methods. The combined strengths of MIGNOW’s AI technology and AWS cloud services will ensure business continuity and operational efficiency.
RISE with SAP Adoption: This collaboration is strategically positioned to support the adoption of RISE with SAP. By integrating MIGNOW’s advanced AI-driven migration capabilities with AWS’ robust cloud infrastructure, organizations can efficiently transition to the RISE with SAP framework. This will simplify their SAP environments, provide deeper insights, and improve overall business performance and competitiveness.
Future-ready IT infrastructure: In line with SAP’s vision for the future, this collaboration supports the seamless integration and migration of SAP environments to AWS. This ensures that customers are prepared for future advancements and can continuously benefit from innovations in AI and cloud technologies.
The partnership between MIGNOW and AWS has been essential for AMAGGI. “This collaboration has brought us numerous commercial and technical benefits, allowing us to optimize our processes and improve operational efficiency. With MIGNOW’s innovative automated SAP conversion combined with AWS’s advanced infrastructure, we have been able to accelerate our digital transformation, reduce costs and increase agility in our operations. This strategic alliance gives us a significant competitive advantage in the market, in addition to helping us offer a superior service quality to our customers”, said Wagner Biasi – CIO of Amaggi.
Leadership Statements:
“Partnering with AWS empowers us to deliver unmatched migration solutions by combining our AI expertise with the reliability and scalability of AWS cloud services,” said [Paulo Secco – CEO of MIGNOW]. This collaboration will not only enhance our service offerings but also generate significant benefits for our customers and partners, ushering in a new era of innovation and efficiency in software migration.” said Guilherme Joventino – MIGNOW COO.
“AWS was the first cloud provider to support the SAP portfolio, and together with MIGNOW, we are making it easier for companies across Latin America to achieve their digital transformation goals securely, quickly and effectively,” said Chris Sullivan, vice president of Americas Channels and Alliances at Amazon Web Services. “Our work with MIGNOW helps customers across the region accelerate their adoption of cloud and AI technologies,” according to Chris Sullivan, vice president of Americas Channels and Alliances at Amazon Web Services.
About MIGNOW:
MIGNOW is a pioneer in software solutions for automating system migrations and upgrades, specializing in the transition from SAP ECC to SAP S/4HANA. Using cutting-edge technology, MIGNOW facilitates the digital transformation of organizations by automating up to 80% of the migration process, significantly reducing errors, effort and costs. The company stands out in the market for its effectiveness, demonstrated by a portfolio of high-profile clients, including Fiagril, Randon, BP Bunge, Nike, Pague Menos, XP, Piracanjuba, Eurofarma, AMAGGI and Carrefour. MIGNOW is recognized for its excellence, having received the SAP Innovation Awards in the category “Digital Transformation on RISE with SAP” for the accelerated migration project for Carrefour, completed in three months – a remarkable achievement compared to the market average of approximately one year.
For more information, visit www.mig-now.com.
Contact:
MIGNOW Communications
Natalie.martinelli@mig-now.com
This collaboration represents a significant industry milestone, promising to transform the SAP software upgrade landscape with the power of AI and cloud technology. Stay tuned for more updates on this groundbreaking partnership.
São Paulo, May 2024 – Digital Transformation permeates many aspects of our daily lives. From simple tasks to the most complex, digitalization shapes the way we live, work and relate. In the corporate world it is no different. Technology plays a crucial role, automating processes, centralizing information and facilitating resource management.
In this scenario, SAP, a global leader in business management systems, is not left behind. Constantly evolving, it integrates technologies such as artificial intelligence and IoT to offer more and more innovation. However, to fully take advantage of these capabilities, adequate user preparation is essential. An SAP study showed that S/4HANA, the new version of the software, can reduce system-related working time by up to 70%, in addition to reducing the error rate by almost zero and increasing employee productivity by 44%.
The Importance of Employee Training
Tiago Henrique Feltrin, Director of Technology & Digital at Hypera Pharma, says that one of the organization's main concerns regarding migration was the adaptation of employees. Because of this, the migration is being done gradually so that everyone can enjoy the advantages. “The more technological environment is beneficial to employees, as it provides better performance. The new tool allows us, for example, to centralize processes and opens up space for updating our own culture. But it is important to take into account the adaptation process of employees, who must be trained for this change, in addition to bringing these updates to our organizational culture”, highlights the director.
Paulo Secco, CEO and founder of Mignow, a market leader in SAP upgrades that carried out the Hypera Pharma migration, comments on the development of Miglearning. This tool was created to train employees in the use of SAP. “Miglearning was born out of educational need. We are committed to ensuring that employees make the most of the resources offered by SAP. The tool not only empowers users to use the system more efficiently, but also adds value to the final delivery to the customer, providing a more prepared and competitive organization”, highlights Secco.
Benefits of SAP for the Organization
In its new system, SAP provides quick and clear analysis of indicators such as order processing time and consistency between invoices and orders. Furthermore, the document approval process can now be done via application, making the operation easier. Migrating to S/4HANA represents an opportunity to optimize internal processes and align with market demands.
However, this transition often faces challenges, especially when it comes to employees adapting to new interfaces and functionalities. According to SAP, the use of a new system can cause a drop of up to 20% in production efficiency, due to user problems with the software, which highlights the need for training.
Challenges and Solutions in Training
Users may need adaptations to Fiori, the new S/4HANA interface and modules, due to the complexity and constant evolution of the software. “An employee accustomed to SAP GUI, from ECC, realizes the need to update their knowledge when faced with Fiori, feeling challenged by the differences and motivated to explore new functionalities”, explains Marcel Nakazawa, Head of COE at Mignow and creator from the project.
To address this challenge, Miglearning offers regularly updated supporting materials, allowing users to track changes and interpret information effectively. This helps with important steps such as running reports to assess inconsistencies and their context. Furthermore, the tool offers a step-by-step guide for different types of situations, not only in the conversion stage, but also throughout the process of using SAP. “Miglearning acts as a guide for users, helping them to contextualize changes and interpret information independently”, concludes the expert.
The Need to Stay Updated
It is worth noting that remaining in the old system implies the loss of valuable resources. SAP focuses its efforts on improving new functionality, such as CA indicator reporting, on technologies such as Fiori or SAQ, rather than on its legacy reports. Being up to date allows you to absorb new tasks that can be carried out in a simplified way through the software.
Paulo Secco highlights the updates that were made to Fiori reports in the latest version released in November 2023. He highlights that it was common to access three reports in SAP Gui, while a single report in Fiori provides the same information. Furthermore, it highlights the graphical improvement of reports, allowing the creation of pie or column charts, something that was not possible before.
Preparation and Competitiveness
By investing in employee training and adopting tools such as Miglearning, organizations can face the challenges of Digital Transformation with confidence and ensure a competitive and sustainable future. Continuing education and familiarization with technological innovations not only increase the efficiency of internal processes, but also prepare the workforce to quickly adapt to market changes.
Organizations that are dedicated to training their employees in the use of SAP ensure that each team member is well equipped to use the system's tools and functionalities effectively. This, in turn, increases overall productivity and quality of operations, providing a more collaborative and dynamic work environment.
Success Stories and Real Impact
The effectiveness of the software has been proven in large projects with companies such as Votorantim, Localiza and Pague Menos, in addition to carrying out the fastest migration in the world in just 18 days for the construction company RFM. “Mignow’s AI identifies errors and bugs in the client’s system and proposes automatic solutions, which drastically reduces project time,” explains Nakazawa. Furthermore, the software performs the conversion of Custom Codes in an automated way, with the possibility of reducing manual intervention to just 1% or up to 0.5%.
Future Innovations and the Role of Mignow
The executive also highlights the use of other OpenAI APIs to create a pioneering and exclusive resource from Mignow that extracts, reviews and corrects codes autonomously, further optimizing resources. Mignow is not limited to the use of GPT Chat. MigMentor, a tool in development that will use Chat GPT to provide information about internal processes and technical terms, both to the team and to customers. “This highlights Mignow’s commitment to remaining at the forefront of Digital Transformation, exploring new technologies and resources that appear on the market”, concludes Nakazawa.
FAQs
How can training employees in the use of SAP benefit my organization? Training employees in the use of SAP can increase productivity, reduce errors and optimize internal processes. This allows the organization to quickly adapt to market changes and maintain competitiveness.
What are the main challenges in migrating to SAP S/4HANA? The main challenges include adapting employees to new interfaces and functionalities, in addition to the complexity of the migration process. Training and tools like Miglearning can help overcome these challenges.
What is Miglearning and how does it help to train employees? Miglearning is a tool developed by Mignow to train employees in the use of SAP. It offers regularly updated supporting materials and helps users interpret information effectively, increasing efficiency and independence.
What are the benefits of using the new SAP S/4HANA Fiori interface? SAP S/4HANA's new Fiori interface offers a more intuitive and visually pleasing user experience. It allows the centralization of processes, the creation of interactive graphics and the carrying out of tasks in a more simplified way.
How does Mignow use artificial intelligence to optimize the migration to SAP S/4HANA? Mignow uses artificial intelligence to identify errors and bugs in the client's system and propose automatic solutions. This reduces migration time and the need for manual intervention, increasing process efficiency.
Why is it important to keep SAP systems up to date? Keeping SAP systems up to date is crucial to ensuring access to the latest technological innovations, process optimizations and ongoing support. This allows the organization to remain competitive and aligned with best market practices.
Conclusion
Training employees in the use of SAP is essential for organizations to maximize the benefits of technological innovations and optimize their internal processes. Tools such as Miglearning are essential to ensure that users are well prepared to use the system's new features efficiently and effectively. By investing in employee training, companies not only increase productivity and reduce errors, but also ensure a competitive and sustainable future.
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Transforming internal processes:
benefits of training employees in the use of
SAP for the organization
Impactful Updates for SAP S/4HANA: Driving Efficiency and Innovation in Finance and Human Resources
SAP, the world leader in business management software, has just announced a series of significant updates to SAP S/4HANA. These updates promise substantial optimizations in key areas such as finance and human resources, with the aim of increasing efficiency and innovation for more than 413,000 global customers.
![](https://abnoticianews.com.br/images/noticias/159783/28054921_Captura_de.png.png)
SAP's commitment to setting new standards for business management is evident with these improvements. Customers in 180 countries now have the opportunity to improve operational efficiency and innovation through new capabilities offered by SAP S/4HANA. According to research carried out by Mignow, a pioneer in the automation of migrations between SAP ECC and SAP S/4HANA, these updates are crucial to keeping companies competitive and aligned with the best market practices.
The Importance of Migrating to SAP S/4HANA
The digital transition remains a central pillar of SAP's strategy. Regular updates are necessary to ensure that users' systems are always in line with technological innovations. The discontinuation of the ECC version in 2027 is a critical milestone that highlights the urgent need for migration. Without this migration, companies risk losing enterprise support and facing other significant disadvantages.
Guilherme Joventino, COO and co-founder of Mignow, emphasizes the importance of starting migration projects as soon as possible. According to Joventino, the complexity and time required for a successful transition are significant. He recommends that, regardless of the version used, the system be updated every six years. This is crucial to avoid additional costs and ensure that the organization does not become obsolete in relation to the market.
Benefits of the Latest Updates to SAP S/4HANA
The latest update to SAP S/4HANA brings a series of advantages, especially in the financial modules. Improvements in asset accounting, financial close operations and corporate accounting were introduced. These improvements aim to optimize essential processes and increase the efficiency of financial reporting.
Optimizations in Asset Accounting
The update introduces new features that improve processes such as depreciation lists, asset write-off records and reconciliation of GR/IR accounts. These improvements are designed to simplify financial management and ensure greater accuracy in accounting reports.
Improvements in Financial Closing
For financial close operations, new functionality has been added, including improved file upload methods and balance validation. Additionally, data integration for credit risk-based impairment accounting in the general ledger has been implemented. These additions provide a clearer and more accurate view of corporate finances.
Innovations in Corporate Accounting
The SAP S/4HANA update also includes innovations in corporate accounting. These innovations allow for better data integration and more effective management of financial processes. The ability to validate balances and improved account reconciliation are just some of the features that help companies maintain robust and efficient financial management.
Mignow’s Role in the Transition to SAP S/4HANA
Mignow plays a key role in facilitating the transition between SAP versions. Through subscription software, Mignow keeps the system constantly updated, offering solutions that reduce
in errors and execution times. Using artificial intelligence, Mignow ensures that systems are always competitive and aligned with market innovations.
Guilherme Joventino highlights the importance of keeping the SAP system up to date, not only to save time and resources, but also to guarantee the competitive and innovative capacity of organizations in the market. Transitioning to the latest version of SAP S/4HANA is an essential strategy for companies looking to lead in an ever-changing business environment.
Accelerating Digital Transformation with SAP S/4HANA
Digital transformation is one of the main goals of modern companies, and SAP S/4HANA is at the heart of this change. SAP understands that to compete in the digital economy, companies need an ERP system that is agile, flexible and capable of seamlessly integrating with new technologies.
Why is SAP S/4HANA Essential in Digital Transformation?
SAP S/4HANA is designed to provide a solid digital foundation that can support business innovation and transformation. It enables companies to quickly adopt new technologies such as artificial intelligence, machine learning and IoT. With this, it is possible to obtain deeper insights and make more informed and faster decisions.
How Does Upgrading to SAP S/4HANA Impact Operational Efficiency?
Upgrading to SAP S/4HANA can result in significant improvements in operational efficiency. Companies can automate manual processes, reduce errors and increase productivity. Plus, with an intuitive user interface and real-time analytics, employees can work more effectively and collaborate better.
Finance and Human Resources: Core Updates
SAP S/4HANA's finance and human resources modules are two of the areas most benefiting from the latest updates. These areas are fundamental to the functioning of any organization and, with the new functionalities, it is possible to achieve more efficient and strategic management.
Advances in Financial Management
Financial management is one of the main focuses of SAP S/4HANA updates. With new tools and functionalities, companies can manage their assets and liabilities more effectively, improve financial control and gain a clearer view of their financial health.
Main Improvements in Financial Management:
- Asset Accounting: Processes such as depreciation lists and asset retirement records have been improved to increase accuracy and efficiency.
- Financial close: New file upload and balance validation methods facilitate financial closing, making it faster and less prone to errors.
- Account Reconciliation: Improvements in GR/IR account reconciliation help keep accounting books up to date and accurate.
Innovations in Human Resources
Human resources also benefit significantly from SAP S/4HANA updates. The new features help companies better manage their human capital, from hiring to talent development and retention.
Main Improvements in Human Resources:
- Talent Management: Advanced talent recruitment and development tools help attract, develop and retain the best professionals.
- Payroll and Benefits: More automated and integrated processes for payroll and benefits administration increase efficiency and reduce errors.
- Analysis and reports: New analytics and reporting capabilities provide valuable workforce insights, enabling more strategic and informed decisions.
Migration Opportunities and Challenges
Migrating to SAP S/4HANA, although essential, presents both opportunities and challenges. It is important for companies to be aware of these aspects to plan and execute a successful transition.
Opportunities:
- Innovation and Growth: With access to the latest technologies and features, companies can innovate and grow faster.
- Operational efficiency: More automated and integrated processes increase operational efficiency, allowing companies to do more with less.
- Informed Decisions: Real-time analytics and advanced reporting provide valuable insights for making informed, strategic decisions.
Challenges:
- Migration Complexity: Migrating to SAP S/4HANA can be complex and time-consuming, requiring careful planning and execution.
- Initial cost: While the long-term benefits are significant, the initial cost of migration can be a hurdle for some companies.
- Adaptation and Training: Employees need to be trained to use new features and tools, which can take time and resources.
FAQs
How important is it to migrate to SAP S/4HANA? Migrating to SAP S/4HANA is crucial to ensuring your company benefits from the latest technological innovations, process optimizations and ongoing support. The discontinuation of the ECC version in 2027 makes migration a necessity to avoid loss of support and other disadvantages.
What are the key benefits of the latest SAP S/4HANA updates? The latest updates to SAP S/4HANA deliver significant improvements in asset accounting, financial close and corporate accounting, providing more efficient financial management and more accurate reporting.
How can Mignow help with the transition to SAP S/4HANA? Mignow facilitates the transition through subscription software that keeps the system constantly updated. Using artificial intelligence, Mignow reduces errors and execution times, ensuring that systems are always aligned with market innovations.
What are the implications of not migrating to SAP S/4HANA by 2027? Failure to migrate to SAP S/4HANA by 2027 could result in the loss of Enterprise Support, additional costs to maintain an obsolete system, and a lower competitive position in the market.
What is the recommendation for updating SAP systems according to Mignow? Mignow recommends that SAP systems be updated every six years, regardless of the version used, to ensure that the organization benefits from the latest innovations and remains competitive.
How can SAP S/4HANA's new asset accounting capabilities benefit my company? New asset accounting capabilities in SAP S/4HANA improve processes such as depreciation lists, asset retirement records and account reconciliation, providing more accurate and efficient financial management.
Conclusion
The impactful updates announced by SAP for SAP S/4HANA are an important milestone in the ongoing evolution of business management. With substantial improvements in key areas such as finance and human resources, these upgrades not only increase operational efficiency but also fuel innovation. The transition to SAP S/4HANA is, therefore, an essential strategy for any organization that wants to remain competitive and aligned with best market practices. Mignow, with its expertise in migrating and updating SAP systems, is a crucial ally in this process, ensuring that companies can successfully navigate this digital transformation.
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SAP S/4HANA Revolution: A New Era of Business Efficiency and Innovation
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SAP S/4HANA Revolution: A New Era of Business Efficiency and Innovation
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SAP S/4HANA Revolution: A New Era of Business Efficiency and Innovation
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SAP S/4HANA Revolution: A New Era of Business Efficiency and Innovation
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![](https://mig-now.com/wp-content/uploads/Sala-da-noticia.png)
SAP S/4HANA Revolution: A New Era of Business Efficiency and Innovation
SAP, the world leader in business management software, has just announced a series of significant updates to SAP S/4HANA. These updates promise substantial optimizations in key areas such as finance and human resources, with the aim of increasing efficiency and innovation for more than 413,000 global customers.
SAP's commitment to setting new standards for business management is evident with these improvements. Customers in 180 countries now have the opportunity to improve operational efficiency and innovation through new capabilities offered by SAP S/4HANA. According to research carried out by Mignow, a pioneer in the automation of migrations between SAP ECC and SAP S/4HANA, these updates are crucial to keeping companies competitive and aligned with the best market practices.
The Importance of Migrating to SAP S/4HANA
The digital transition remains a central pillar of SAP's strategy. Regular updates are necessary to ensure that users' systems are always in line with technological innovations. The discontinuation of the ECC version in 2027 is a critical milestone that highlights the urgent need for migration. Without this migration, companies risk losing enterprise support and facing other significant disadvantages.
Guilherme Joventino, COO and co-founder of Mignow, emphasizes the importance of starting migration projects as soon as possible. According to Joventino, the complexity and time required for a successful transition are significant. He recommends that, regardless of the version used, the system be updated every six years. This is crucial to avoid additional costs and ensure that the organization does not become obsolete in relation to the market.
Benefits of the Latest Updates to SAP S/4HANA
The latest update to SAP S/4HANA brings a series of advantages, especially in the financial modules. Improvements in asset accounting, financial close operations and corporate accounting were introduced. These improvements aim to optimize essential processes and increase the efficiency of financial reporting.
Optimizations in Asset Accounting
The update introduces new features that improve processes such as depreciation lists, asset write-off records and reconciliation of GR/IR accounts. These improvements are designed to simplify financial management and ensure greater accuracy in accounting reports.
Improvements in Financial Closing
For financial close operations, new functionality has been added, including improved file upload methods and balance validation. Additionally, data integration for credit risk-based impairment accounting in the general ledger has been implemented. These additions provide a clearer and more accurate view of corporate finances.
Innovations in Corporate Accounting
The SAP S/4HANA update also includes innovations in corporate accounting. These innovations allow for better data integration and more effective management of financial processes. The ability to validate balances and improved account reconciliation are just some of the features that help companies maintain robust and efficient financial management.
Mignow’s Role in the Transition to SAP S/4HANA
Mignow plays a key role in facilitating the transition between SAP versions. Through subscription software, Mignow keeps the system constantly updated, offering solutions that reduce errors and execution times. Using artificial intelligence, Mignow ensures that systems are always competitive and aligned with market innovations.
Guilherme Joventino highlights the importance of keeping the SAP system up to date, not only to save time and resources, but also to guarantee the competitive and innovative capacity of organizations in the market. Transitioning to the latest version of SAP S/4HANA is an essential strategy for companies looking to lead in an ever-changing business environment.
The Role of AI in Migrating to SAP S/4HANA
As the 2027 deadline set by SAP for the discontinuation of ECC approaches, companies are looking for effective solutions to migrate their systems. In this scenario, Mignow announced the development of SAP migration software that incorporates Artificial Intelligence and ChatGPT technologies from OpenAI. This software simplifies the migration process, significantly reducing the time and cost involved.
Mignow's AI identifies errors and bugs in the client's system and proposes automatic solutions, which drastically reduces project time. The company, specialized in SAP conversion, scaled its processes, allowing it to increase the number of projects maintained with the same number of employees. Mignow software uses AI to automate SAP updates, minimizing the need for human intervention and speeding up operations.
Marcel Nakazawa, head of COE at Mignow, highlights the software's features: “Automation facilitates the management of large volumes of activities and allows execution at scale. For example, it is possible to speed up analyzes and resolve technical queries quickly and efficiently. These automations are aligned with SAP’s new methodology to follow the most up-to-date standards on the market.”
This is because AI, when reading an environment, identifies patterns and new scenarios, enabling the execution of an activity that has already been carried out previously or not. If one of these scenarios has not been mapped, it is possible to create a solution and replicate it to other projects.
Success Stories
The effectiveness of the software has been proven in large projects with companies such as Votorantim, Localiza and Pague Menos, in addition to carrying out the fastest migration in the world in just 18 days for the construction company RFM. “Mignow’s AI identifies errors and bugs in the client’s system and proposes automatic solutions, which drastically reduces project time,” explains Nakazawa. Furthermore, the software performs the conversion of Custom Codes in an automated way, with the possibility of reducing manual intervention to just 1% or up to 0.5%.
Future Innovations
The executive also highlights the use of other OpenAI APIs to create a pioneering and exclusive resource from Mignow that extracts, reviews and corrects codes autonomously, further optimizing resources. Mignow is not limited to the use of GPT Chat. MigMentor, a tool in development that will use Chat GPT to provide information about internal processes and technical terms, both to the team and to customers. “This highlights Mignow’s commitment to remaining at the forefront of Digital Transformation, exploring new technologies and resources that appear on the market”, concludes Nakazawa.
Accelerating Digital Transformation with SAP S/4HANA
Digital transformation is one of the main goals of modern companies, and SAP S/4HANA is at the heart of this change. SAP understands that to compete in the digital economy, companies need an ERP system that is agile, flexible and capable of seamlessly integrating with new technologies.
Why is SAP S/4HANA Essential in Digital Transformation?
SAP S/4HANA is designed to provide a solid digital foundation that can support business innovation and transformation. It enables companies to quickly adopt new technologies such as artificial intelligence, machine learning and IoT. With this, it is possible to obtain deeper insights and make more informed and faster decisions.
How Does Upgrading to SAP S/4HANA Impact Operational Efficiency?
Upgrading to SAP S/4HANA can result in significant improvements in operational efficiency. Companies can automate manual processes, reduce errors and increase productivity. Plus, with an intuitive user interface and real-time analytics, employees can work more effectively and collaborate better.
Finance and Human Resources: Core Updates
SAP S/4HANA's finance and human resources modules are two of the areas most benefiting from the latest updates. These areas are fundamental to the functioning of any organization and, with the new functionalities, it is possible to achieve more efficient and strategic management.
Advances in Financial Management
Financial management is one of the main focuses of SAP S/4HANA updates. With new tools and functionalities, companies can manage their assets and liabilities more effectively, improve financial control and gain a clearer view of their financial health.
Main Improvements in Financial Management:
- Asset Accounting: Processes such as depreciation lists and asset retirement records have been improved to increase accuracy and efficiency.
- Financial close: New file upload and balance validation methods facilitate financial closing, making it faster and less prone to errors.
- Account Reconciliation: Improvements in GR/IR account reconciliation help keep accounting books up to date and accurate.
Innovations in Human Resources
Human resources also benefit significantly from SAP S/4HANA updates. The new features help companies better manage their human capital, from hiring to talent development and retention.
Main Improvements in Human Resources:
- Talent Management: Advanced talent recruitment and development tools help attract, develop and retain the best professionals.
- Payroll and Benefits: More automated and integrated processes for payroll and benefits administration increase efficiency and reduce errors.
- Analysis and reports: New analytics and reporting capabilities provide valuable workforce insights, enabling more strategic and informed decisions.
Migration Opportunities and Challenges
Migrating to SAP S/4HANA, although essential, presents both opportunities and challenges. It is important for companies to be aware of these aspects to plan and execute a successful transition.
Opportunities:
- Innovation and Growth: With access to the latest technologies and features, companies can innovate and grow faster.
- Operational efficiency: More automated and integrated processes increase operational efficiency, allowing companies to do more with less.
- Informed Decisions: Real-time analytics and advanced reporting provide valuable insights for making informed, strategic decisions.
Challenges:
- Migration Complexity: Migrating to SAP S/4HANA can be complex and time-consuming, requiring careful planning and execution.
- Initial cost: While the long-term benefits are significant, the initial cost of migration can be a hurdle for some companies.
- Adaptation and Training: Employees need to be trained to use new features and tools, which can take time and resources.
FAQs
How important is it to migrate to SAP S/4HANA? Migrating to SAP S/4HANA is crucial to ensuring your company benefits from the latest technological innovations, process optimizations and ongoing support. The discontinuation of the ECC version in 2027 makes migration a necessity to avoid loss of support and other disadvantages.
What are the key benefits of the latest SAP S/4HANA updates? The latest updates to SAP S/4HANA deliver significant improvements in asset accounting, financial close and corporate accounting, providing more efficient financial management and more accurate reporting.
How can Mignow help with the transition to SAP S/4HANA? Mignow facilitates the transition through subscription software that keeps the system constantly updated. Using artificial intelligence, Mignow reduces errors and execution times, ensuring that systems are always aligned with market innovations.
What are the implications of not migrating to SAP S/4HANA by 2027? Failure to migrate to SAP S/4HANA by 2027 could result in the loss of Enterprise Support, additional costs to maintain an obsolete system, and a lower competitive position in the market.
What is the recommendation for updating SAP systems according to Mignow? Mignow recommends that SAP systems be updated every six years, regardless of the version used, to ensure that the organization benefits from the latest innovations and remains competitive.
How can SAP S/4HANA's new asset accounting capabilities benefit my company? New asset accounting capabilities in SAP S/4HANA improve processes such as depreciation lists, asset retirement records and account reconciliation, providing more accurate and efficient financial management.
Conclusion
The impactful updates announced by SAP for SAP S/4HANA are an important milestone in the ongoing evolution of business management. With substantial improvements in key areas such as finance and human resources, these upgrades not only increase operational efficiency but also fuel innovation. The transition to SAP S/4HANA is, therefore, an essential strategy for any organization that wants to remain competitive and aligned with best market practices. Mignow, with its expertise in migrating and updating SAP systems, is a crucial ally in this process, ensuring that companies can successfully navigate this digital transformation.
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Mignow Revolutionizes SAP Migration with AI and GPT Chat
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By Paulo Secco, CEO and founder of Mignow
In my career of more than two decades in the technology sector in renowned companies collaborating with some of the main technological partners in Brazil, I have noticed a significant transformation in the way companies approach sustainability. This evolution is no longer a trend, but a necessity, especially considering the current global environmental scenario. Being sustainable is no longer an option but an essential requirement for survival and success in today's competitive market.
Organizations that ignore sustainable practices not only face a loss of monetary value through cost-saving opportunities such as energy efficiency, but they also lose market relevance. The demand for sustainability, now more than ever, is driven by consumers themselves, who measure companies by the yardstick of their practices and choose to support those that demonstrate real commitment to the environment.
Given this reality, it is crucial not only to implement more sustainable internal processes, from the production chain to office services, but also to develop business practices that promote sustainability. It is alarming to know that, in 2021, just six companies were responsible for 71.4% of global greenhouse gas emissions, according to a study by the Institute of Energy and Environment (IEMA). This data emphasizes the role of organizations in reducing these emissions and combating climate change.
Reducing carbon emissions, for example, contributes to the objective set by the UN to reduce greenhouse gas emissions. Adopting the “Carbon Neutral” status goes beyond a mere symbolism of environmental commitment; It is a concrete step towards counterbalancing the negative effects of business activities on global warming.
Among efforts to promote business sustainability, the transition from fixed servers to cloud-based solutions stands out as a concrete example. By making it easier for organizations to migrate to the cloud, we see a direct impact on energy efficiency and resource management. This impact is so significant that it placed SAP among the top three on the list of 23 vendors evaluated by the IDC Sustainability Index for Software Vendors.
By migrating from a physical server to the cloud, companies ensure not only a reduction in gas emissions and energy consumption, but also an advantageous position, through the direct reduction of servers and improved energy efficiency. Furthermore, organizations that present sustainable concerns and initiatives are more prepared for the future. Technologies such as Artificial Intelligence, incorporated into the conversion process, can help even further, reducing migration time and leading the company to a more sustainable environment with reduced project time and cost.
Furthermore, migration to the cloud has proven to increase employee productivity, saving time and resources on activities such as cash closing or payroll processing, which used to take a long time and are now significantly faster and more efficient with the use of advanced systems. such as SAP S/4HANA.
An example of the positive impact of these technological innovations on sustainability is the case of Carrefour, which, by adopting cloud hosting, not only achieved a significant reduction of 45% in its energy consumption, but also a notable reduction of 40% in its operational costs. . This transformation also resulted in a considerable reduction in carbon emissions, highlighting the positive environmental impact of innovative technological decisions.
Based on this assumption, the migration to SAP and the adoption of cloud computing emerge as business solutions that can reduce the environmental impact of operations. As more organizations join the system, the environmental impact will be significantly lower.
When reflecting on the importance of sustainability in the business world, it becomes clear that energy consumption is one of the main contributors to greenhouse gas emissions. Therefore, by adopting sustainable technological practices and solutions, we are not only benefiting organizations in terms of efficiency and savings, but also contributing significantly to the preservation of the environment.
The commitment to innovation and sustainability drives digital transformation with a focus on reducing environmental impact. The integration of advanced technological solutions with sustainable business practices can not only foster business success, but also significantly contribute to a more sustainable and green future for generations to come.
*Paulo Secco is an outstanding professional with more than two decades of experience in the technology sector, having worked in renowned companies such as Xerox, Accenture, Softtek and SAP. In 2010, he founded Integre IT, an IT consultancy, and later joined Essence, an important SAP partner in Brazil, as partner and COO. Secco is a pioneer in the development of innovative software that automates the conversion from SAP ECC to S/4HANA, launched after a successful implementation case in just 18 days. In 2020, he founded Mignow, a venture that expands the focus to support all phases of SAP journeys, not limited to conversion, but also covering annual updates. Under his visionary leadership, Mignow has established itself as a benchmark in the market, providing innovative, high-quality solutions for optimization in SAP environments.
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Sustainable Digital Transformation: How Technology Is Redefining the Future of Businesses
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Sustainable Digital Transformation: How Technology Is Redefining the Future of Businesses
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Sustainable Digital Transformation: How Technology Is Redefining the Future of Businesses
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Sustainable Digital Transformation: How Technology Is Redefining the Future of Businesses
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Sustainable Digital Transformation: How Technology Is Redefining the Future of Businesses
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Sustainable Digital Transformation: How Technology Is Redefining the Future of Businesses
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Sustainable Digital Transformation: How Technology Is Redefining the Future of Businesses
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Sustainable Digital Transformation: How Technology Is Redefining the Future of Businesses
With a strategic partnership with AWS and annual growth of 300%, Mignow is redefining technological innovation for a promising future.
The choice of business model is crucial to the success of any company, defining not only its operations but also its position in the market. Today, we explore how innovative companies are shaping their business models in response to technology and the Digital Transformation, with examples from Amazon Web Services (AWS).
Digital Transformation is redefining the way companies operate and how they create value. New business models, such as E-Commerce and SaaS, have emerged as a result of this technological revolution, driving innovation and competitiveness. Factors such as personalization, customer relationships, ecosystems and distribution channels, data analysis and value generation play key roles in this transformation.
This growing demand for customized solutions has led to notable prominence for SAP, a process automation and updating tool used by 413,000 customers in 180 countries, according to research conducted by Mignow, a company specializing in software. A Mignow focuses its efforts on assisting the SAP ECC transition, which will be discontinued in 2027, for SAP S/4HANA.
However, SAP requires continuous updates to offer more accurate data and innovative solutions. With this need in mind, Mignow's founders, Paulo Secco and Guilherme Joventino, designed a revolutionary business model that uses Artificial Intelligence to transform the way companies approach Digital Transformation. Its innovative software subscription organizes information, provides valuable insights, and reduces errors and turnaround times.
Paulo Secco, CEO of Mignow, shares insights into this startup, which has its origins in Silicon Valley and now serves approximately 55 clients in 14 countries, including giants such as Nike, Carrefour, Centauro, XP and Safra. “As customers look to pay for results, usage-based subscription models are becoming increasingly popular. Instead of significant upfront costs, customers have a fixed monthly cost when subscribing to our services. This offers a more accessible and flexible approach”, explains Secco.
Additionally, Mignow offers partnerships with cloud platforms in its subscription package, providing access to advanced technologies and data-driven support, driving agility and innovation. These tools increase the resilience and flexibility of companies in different sectors.
With 30% sales market Rise with SAP in Brazil and partnered with Amazon Web Services (AWS), the leading global cloud platform, Mignow is well positioned to accelerate companies' migration to SAP S/4HANA. AWS has been investing in Mignow since March 2022, offering grants of up to 100% of the value of MIGNOW software, as well as support for automated migration to SAP.
This partnership aims to provide affordable and efficient solutions for companies looking to migrate from SAP ECC to SAP S/4HANA, leveraging the scalability, security and flexibility of the AWS cloud. Mignow’s CEO highlights: “This union allows companies to enjoy the benefits of SAP S/4HANA, including improved operational efficiency and cost reduction, without worrying about the high costs associated with migration”.
With annual growth of 300% since its founding in 2019, Mignow is a remarkable success story. Its future goals include improving financial migration, introducing functionality “Start Validation” for preparing migration environments, automating tests, improving custom code, and implementing CI/CD.
Mignow is at the forefront of Digital Transformation, empowering its customers to face the challenges of the future with confidence. The organization was recognized by ISG (Information Services Group) as 'A complement to Rise With SAP'. As the CEO concludes: “With our subscription program, customers can focus on their long-term evolution, knowing they are supported by continuous technological innovations in their systems”.
About Mignow
Mignow is a software company specialized in automating migration and update processes between SAP ECC and SAP S/4HANA. Its pioneering solution enables companies' Digital Transformation journey, contributing to the reduction of failures, efforts and costs, automating around 80% of migration processes.
With a portfolio of renowned clients such as Nike, GPA, Pague Menos, XP, Carrefour, among others, Mignow is recognized as a leader in the sector and has a proven track record of successful conversions, as well as major awards such as the SAP Innovation Awards in category “Digital Transformation on Rise with SAP” due to its successful migration from Carrefour in just three months, significantly exceeding the market average, which is around one year.
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Software Subscriptions and the Evolution of Business Models
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Software Subscriptions and Business Evolution
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Software Subscriptions and the Evolution of Business Models
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Software Subscriptions and the Evolution of Business Models