If you work in data management, then you might know a thing or two about SAP (News - Alert) Business Suite 4 SAP HANA, or SAP S/4HANA for short. In a nutshell, SAP S/4HANA connects people, devices and business networks in real time. It also supports IoT and Big Data, all good things for those who have been used to systems that simply just record data. BackOffice Associates, a big player in the data management and governance space, just announced that its solutions are now SAP S/4HANA ready.
For those who rely on BackOffice Associates, this means receiving guidance on the entire data management and migration journey.
“As SAP S/4HANA is gaining significant market interest among enterprises, we’re excited to expand our support of SAP products even further with a trusted, end-to-end solution that enables and accelerates navigation through all areas of information governance,” said Rex Ahlstrom, chief strategy officer, BackOffice Associates, in a statement to the press.
The volume of digital information that businesses acquire has grown exponentially, so businesses need to consider how they will archive, index and govern today’s newly created information, along with previous late-stage information. This is crucial so that this information is readily accessible by users for corporate history. This is what information governance (IG) is all about.
IG ensures that information is utilized as an asset to support decision making for any organization. It addresses all information, whether it is generated internally or externally to the organization. Accor BackOffice Associates says “its platform streamlines the preparation of data for migration, modernizes the data as it moves to SAP S4/HANA, monitors the data post migration, cleanses the data through remediation of data quality issues, establishes and enforces information governance around data-focused business processes, and helps ensure that legacy data not needed for SAP S4/HANA is properly archived,” according to the press statement.
Data management and organization are both crucial to business function. How this data is accessed, stored, and used is imperative for efficiency and productivity.
SAP S/4HANA is designed to make things simple, and now that BackOffice Associates is SAP S/4HANA-ready, simple is taken to the next level. Business users can now get any insight on any data from anywhere in real-time: planning, execution, prediction, and simulation.
Data is the big motto today, the new tool by which governance can be managed. This announcement from BackOffice Associates is timely and industry-relative; a win-win for enterprises.
Edited by Rory J. Thompson