Last updated in July 2023Today’s volatile economy demands organizations to be flexible, agile and responsive. At the same time organizations are under tremendous pressure to optimize operational costs. Digital Transformation of current business systems is an alternative that’s giving positive outcomes.
“Spending on digital transformation (DX) is projected to reach 1.8 trillion U.S. dollars. By 2025, global digital transformation spending is forecast to reach 2.8 trillion U.S. dollars.” – Statista, Feb 16, 2022.
Fortunately, cloud transformations in 2022 have helped organizations meet both these requirements – the need for organizations to be responsive and their need to optimize operational costs.RISE with SAP is a curated offering from SAP to help organizations run at their best. It is largely implemented through SAP’s diverse network of partner resellers for making the customer’s cloud ERP journey hassle-free. As one of the best SAP Gold Partners in India, VC ERP Consulting is experienced in top-notch S/4HANA implementations supported by the RISE with SAP contract.RISE with SAP is a bundling of SAP S/4HANA Cloud and integrated, extended solutions powering SAP Business Technology Platform (SAP BTP) as a single offer under single contract – in one package to help companies accelerate their cloud strategy for their core platform.In this article, SAP S/4HANA experts at VC ERP Consulting provide a framework on the benefits that your organization can realize by leveraging RISE with SAP.
What is RISE with SAP?
RISE with SAP is business-transformation-as-a-service offering from SAP. It offers a holistic on-your-terms and on-your-timeline transformation with key components (cloud solutions, platform, tools).Choose where to start your digital journey and design the strategy that is right for you. This comprehensive and intelligent offering includes five core elements to help your company achieve digital transformation.The Core Elements of RISE with SAP are:
SAP S/4HANA Private Cloud
Business Process Intelligence
Technology Cloud Credits
SAP Business Network Starter Pack
Embedded Tools and Services
Let us have a look at the features of RISE with SAP.
RISE with SAP Features
Remove business complexities with a simplified engagement and guided journey through your business transformation.
Transform all aspects of your business with accelerated Premier Value
SAP & VC ERP Consulting jointly deliver fast time-to-value and flexibility without high up-front investments by turning IT operations into an operational expense (OpEx) through Guided Journey
Pinpoint the best place to start by analyzing how your processes perform
Benchmark business processes against industry standards to get tailored recommendations
Remove complexity of a cloud hybrid landscape by Simplified Engagement with VC ERP Consulting that’s responsible for your service-level agreement (SLA), operations and issue handling
Run your core business platform on cloud infrastructure in either an SAP data center or a hyperscaler of your choice
Let’s now see how we can articulate the value of RISE with SAP for your organization.
Value of RISE with SAP
RISE with SAP & VC ERP Consulting help businesses decide which capabilities they want to use at what point in time – but as they go through the journey, RISE with SAP allows organizations to unlock two sources of differentiating value:Value source A: Value from differentiating business capabilities and outcomes
Achieve business value from different solution capabilities of SAP Solutions (example: SAP S/4HANA) with significant impact on shareholder returns
Impact of returns on top line, bottom line and green line ensuring long-term sustainability and purpose
Value source B: Value from cloud delivery capabilities:
Unlock Incremental value that RISE with SAP packaged offering brings
Maximize business value, minimize transformation risk and optimize costs to the possible extent
Now let us explore each value source component in detail.
Improve Top Line and Scale Your Business Growth
“Manage the top line: your strategy, your people, and your products, and the bottom line will follow.” – Steve Jobs
Transform business processes & IT backbone to serve this new business model — SAP S/4HANA Cloud as the core offering of RISE with SAP .Align a clearly defined goal & strategy by deploying more than one type of business model innovation to unlock a new revenue stream.Create value through outcome-based business models where companies focus on positive experiences with outcomes that deliver value.Recognize revenues & profits in different ways by integrating finance with cloud service-delivery model.Take control of your business areas, adapt quickly and deliver new outcome-based servicesBelow are some of the benefits which SAP customers have realized:
Up to 20%
Increase in service revenue from new business models
15%Reduction in time to market for new products and services
Improve the readiness to transform with cloud delivery capabilities
“If I had one hour to save the world, I would spend fifty-five minutes defining the problem and only five minutes finding the solution. “ – Albert Einstein
Transformation projects are associated with high risks due to the following challenges:
Digitizing a non-optimized process
Technical challenges during the project run phase
Integration of processes across various IT applications
Lack of expertise and know-how
RISE with SAP when implemented by VC ERP Consulting minimizes challenges ensuring your business has adequate support during the transformation journey. Accelerate adoption of latest innovations from SAP. Let’s talk about the 3 value dimensions for the first value pillar
Achieving process excellence
Leveraging transformation tools and services
Easier integration and extension of digital core
Maximize Profitability by improving Bottom Line
“We expect all our businesses to have a positive impact on our top and bottom lines … Profitability is very important to us or we wouldn’t be in this business.” – Jeff Bezos
Control business costs with improved visibility into different cost heads
Target cost reductions through process improvements and achieve operating synergies across different business functions
Enable a holistic workspace by synchronizing production, distribution and supply planning
Identify potential capacity issues and evaluate possible solutions
Optimize indirect costs such as unused inventory and storage costs by streamlining shipping and inventory related business processes
Manage the entire procurement process from source to settle while optimizing business costs
Find new sources of savings and build a healthy ethical supply chain
Redefine your Service Experience with cloud delivery capabilities
Businesses face various challenges that slow down their pace to innovate and grow. They are:
High costs, efforts and stringent governance to manage the existing system landscape
Loss of business due to unplanned system downtime
Time-consuming and expensive periodic patching of all software and infrastructure components
Multiple disjointed SLAs from disparate service providers
So, how does RISE with SAP address these challenges and improve your service consumption experience? RISE with SAP experts at VC ERP Consulting explain it through the below value dimensions:
1. Access Simpler Support Model
RISE with SAP promises one single party (i.e. SAP) to support software, infrastructure, and technical managed services. This reduces governance cost and effort allowing IT personnel to better focus on strategic initiatives rather than routine task management.
Reduced
IT governance cost
Improved
System uptime (by reduction in issue fix time)
2. Leverage Periodic Updates
SAP S/4HANA Cloud offers a quarterly update cycle, with the latest innovations, which can be consumed based on organizational needs.
VC ERP Consulting performs regular patching of all software and infrastructure layers reducing overhead and costs enabling businesses to be always at the forefront of latest innovation.
Reduced
IT patching and upgrade cost
Improved
Agility to consume new innovations
3. Single Offer under Single Contract
RISE with SAP enables management of service-level agreement (SLA), operations, and issue management from SAP in a single contract. Invest more time and effort on strategic topics and exploring innovation areas that are essential for maintaining competitive advantage.
Reduced
IT governance cost
Easier
Tracking of SLA
Now that we have explored the business benefits of RISE with SAP, let us see how the best SAP Gold Partner in India, VC ERP Consulting makes the transition journey easy.
How to choose RISE with SAP Partner?
At VC ERP Consulting, experienced SAP implementation partner, we empower organizations to chart their own unique course, timeline and needs for their RISE with SAP implementation journey.Implement RISE with SAP with VC ERP Consulting & get:
Flexible Extensions and Lower TCO
Standardized System Architecture in The Cloud
SAP Delivered Side-By-Side Innovation & System Upgrades
Predictable Cost of Migration & Faster ROI
Cloud Economics with Your Current Functional Scope
One Contact and Contract for Entire Transformation
Proven Best Practices & Modular Architecture
VC ERP Consulting accompanies you at every step of the way with a comprehensive set of tools ready to support you with all your unique business needs.
A 2023 Update on Grow with SAP
In 2023, SAP rolled out Grow with SAP offering aimed at Medium to Growing enterprises, in the context of SAP S/4HANA Public Cloud offering. It is important to note that Grow with SAP is essentially similar to RISE with SAP bundle in the offerings, but the overall strategic implementation when it comes to blueprinting and rollout of the SAP S/4HANA Cloud solution in the specific context of your industry niche and business objectives can only be done with the assistance on an experienced SAP S/4HANA Implementation Partner such as VC ERP Consulting.
RISE Above Competition with Speed Now!
Transform your business processes and keep up with the disruptive economies and evolving market trends in 2022. Implement RISE with SAP with the best SAP Gold Partner in India, VC ERP Consulting to make your business resilient & profitable.Ready to explore Digital Transformation for your business, then get in touch with award winning SAP Gold Partner, Certified Expert S/4HANA Consultants and Advisors at VC ERP Consulting for free consultation.Call +91 7948998911 (India), Whatsapp +254 111229970 (Kenya), Call +1 469 915 6026 (North America) or drop an E-mail at sayhello@vc-erp.com
Let’s now see how we can articulate the value of RISE with SAP for your organization.
Let’s now see how we can articulate the value of RISE with SAP for your organization.
