SAP Joule AI and Microsoft Copilot Integration Announced

At the recent SAP Sapphire event, the German enterprise software giant announced its plan to integrate the SAP Joule AI copilot with Microsoft Copilot for Microsoft 365. This integration promises to revolutionize how employees interact with business applications, ensuring a more unified and efficient work experience. The integration between SAP Joule AI and Microsoft Copilot […]

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Data-Driven Decision-Making with Connected Financial and Carbon Information

What if enterprise decisions considered both profit and planet, empowering every level of a company to make better product, pricing, financial, and investment choices? It’s not only possible, it is an achievable reality according to new research conducted by SAP and Technical University of Munich.

SAP Sapphire: Taking Business to the Next Level in the Era of AI

Carbon management can add emission quantities to existing financial accounting and connect emissions and finance at the transactional level — transforming carbon accounting practices, producing a more comprehensive view of a company’s sustainability position. With this added dimension, decision-making becomes more integrated and efficient. By shifting the carbon management mindset, companies can also provide investors with more decision-useful information.

The research shows there are clear benefits and opportunities to businesses that are ready to rethink carbon management, embrace transparency, and treat carbon as money in their financial accounting and reporting practices.

Reimagining Carbon Management

A recent study by the Technical University of Munich and SAP generated some promising results and opportunities for carbon management enhancements with an ERP-centric approach. The study introduced the concept of consistently adding carbon data to a company’s general ledger transactions. This significant change allows carbon accounting to be transaction driven, with journal entries consisting of both monetary values and carbon emissions. The modification enables integrated thinking, on all hierarchical levels, by considering carbon emissions at the same level of reliability and consistency as financial information.

Beyond environmental responsibility, this innovative approach unlocks additional advantages. Merging carbon data with financials strengthens the very foundation of a company: the data itself. Balance sheets and income statements will represent a more complete picture of a company’s impact. This level of transparency and elevated quality of data empowers investors and decision makers while advancing decision-useful information.

Quality of data — from inside and outside a company’s core operations — is also critical when moving toward embedding artificial intelligence (AI) across business processes and analytics. AI will help companies accelerate their sustainability impact by improving operational efficiency, fostering greater transparency around emissions, automating reports, and complying with ever-evolving regulations.

Global Transparency

Carbon reporting is rapidly becoming a standard requirement for business. The common denominator is the set of requirements put forth by the Greenhouse Gas (GHG) Protocol. SAP proactively anticipated and closely monitors the laws and regulations developing in this sector.

With the global trends toward a low-carbon, modern economy driving business transformation, SAP developed SAP Green Ledger, an ERP-centric solution that builds on existing financial accounting practices and applies them to carbon accounting standards.

This new ledger-based accounting elevates greenhouse gas counting to true accounting using financial steering dimensions. By doing so, SAP Sustainability solutions are set apart through deep integration with SAP cloud ERP solution business processes, providing precise and actionable insights rather than the estimates/averages in competing solutions. This unique approach will empower companies to go beyond regulatory compliance and embed sustainability into their operation to drive meaningful change. By aligning business processes with sustainability goals, companies can pave the way for a sustainable future.

Make Carbon Audit-Ready

To reach net-zero targets, most companies must consider carbon offsets as part of their decarbonization journey. SAP’s carbon management approach recognizes offsets as intangible assets.

With SAP Green Ledger, both carbon and financial information are recorded, resulting in a carbon flow statement that shows carbon emissions across all three scopes. The flow items incorporate initial, additional, exiting, and ending carbon balances, as well as emissions not allocated to an asset position in the balance sheet. Adoption of this new carbon accounting process could take different forms, but all leverage the existing ERP system and general ledger accounts.

Standard auditing procedures were also considered and accommodated for in this methodology. Since carbon emissions are allocated to transactions as quantities expressed in tons of CO2e, auditors can verify these transactions and their corresponding internal controls. Auditors can also perform an assessment covering the assertions of completeness, existence, accuracy, valuation, and presentation.

Reporting of sustainability-related data is within the purview of the governing bodies and subject to change. Downstream Scope 3 emissions and non-financial transactions are not yet part of this approach; however, future research could find ways to integrate those components.

Don’t Just Report Profits, Report Progress

Carbon reporting is a crucial aspect of a decarbonizing economy. Our new methodology fosters integrated thinking — between finance and sustainability — producing a clearer view of a company and their products’ carbon footprint.

“Our study has the potential to significantly transform carbon accounting practices,” Professor Dr. Jürgen Ernstberger, a primary contributor to this research, affirms.

It’s a win-win for the planet and the bottom line.

Key Takeaways

ERP-centric solutions enhance carbon reporting by:

  • Increasing connectivity on a transactional level between financial and non-financial data
  • Leveraging established auditing procedures when accounting for carbon
  • Fostering integrated thinking on all hierarchical levels by providing carbon information on the same granular level as financial information
  • Producing more insightful and comprehensive reports, boosting confidence among key stakeholders and investors

To learn more, read the full report.

Get the latest news and coverage from SAP Sapphire in 2024

Stephan Mueller is product marketing lead for Finance and Sustainability at SAP.

What Is the SAP S/4HANA Migration Object Modeler?

Let’s explore the options for adapting delivered content of the SAP S/4HANA migration cockpit to meet your customer-specific circumstances.

Generative AI Innovations Take Center Stage at SAP Sapphire in 2024

SAP CEO Christian Klein kicked off SAP Sapphire this week with an upbeat keynote that highlighted the company’s latest business AI innovations, products, and partnerships, which he said will change how people work.

Taking Business to the Next Level in the Era of AI

“This year is a very special Sapphire,” Klein said. “We are entering a new phase of AI, with endless possibilities for us all.”  

Klein and Chief Marketing and Solutions Officer Julia White used the keynote to outline how AI will deliver real business benefits for different corporate functions and “Bring Out Your Best,” this year’s event theme.

Delivering on an AI Promise

Klein emphasized how SAP has delivered on its promise to infuse generative AI throughout its business portfolio, has enabled customers to exploit the potential of business AI, and has positioned the Joule copilot as the new front end for SAP applications.

Game On: Business Builders Prepares Future Business Leaders for a Complex, Data-Driven World

Business Builders offers gamified learning experiences enhancing students analytical and decision-making skills. Through hands-on experience with SAP Analytics Cloud, students navigate large datasets and utilize advanced visualization and data storytelling techniques to uncover meaningful insights. Students develop the critical thinking, decision-making and SAP skills needed for success in the modern business landscape when they play.

https://sap.to/6050eOYkG

SAP Datasphere Top Features in May 2024

Learn about the feature highlights in May 2024 with SAP Datasphere!
We delivered two new releases in May, and these are my top features:
1. Multi-lingual metadata support
2. Efficiency Features
• Analytic Model
• Data Access Control
• Task Chain
• Data Product

Key Moments:
00:12 Multi-lingual metadata support
01:02 Efficiency Features
01:11 Analytic Model
01:35 Data Access Control
01:52 Task Chain
02:09 Data Product

More detailed blogs about multi-language support (1) SAP Datasphere Multilingual Support – Master Data Translation https://community.sap.com/t5/technology-blogs-by-sap/sap-datasphere-multilingual-support-master-data-translation/ba-p/13700657 and (2) SAP Datasphere Multilingual Support – Translation Dashboard https://community.sap.com/t5/technology-blogs-by-sap/sap-datasphere-multilingual-support-translation-dashboard/ba-p/13702743

To learn more about SAP Datasphere, visit: https://sap.to/6054eGyja
Join our SAP Datasphere community to always stay up to date: https://sap.to/6057eGyjL
Check out our product roadmap for SAP Datasphere: https://sap.to/6058eGyj0

Kickstart your transformation with SAP Signavio Value Accelerators

In the dynamic and often unpredictable business landscape we function in, every enterprise seeks agility, speed, and risk mitigation to face the pressures of transformation. Accelerating change while mitigating the risks of transformation programs becomes a critical business priority.
This is where the value accelerator library for SAP Signavio solutions can support.

Find out more: https://sap.to/6051eGMVD

SAP AGM Shareholders Back Pekka Ala-Pietilä for Chairman

At the recent SAP Annual General Meeting (AGM), shareholders overwhelmingly supported the election of Pekka Ala-Pietilä as a new member of the company’s Supervisory Board. Ala-Pietilä, who received 95.50% of the vote, was subsequently elected as the new Chairman of the SAP Supervisory Board, taking over from the company’s co-founder, Prof. Dr. h. c. mult. […]

The post SAP AGM Shareholders Back Pekka Ala-Pietilä for Chairman appeared first on InsideSAP.

Retaining Customers Through Support Experience and Efficiency

A smooth support experience and efficient support teams work together to delight and retain customers when it comes to customer support.

Customer Support at SAP: Where Artificial Intelligence Meets Application Integration

Stefan Steinle, executive vice president and head of Customer Support, SAP SE, shares more about how the Customer Support organization at SAP is harnessing artificial intelligence (AI) to help bring innovative improvements and deliver value to businesses.

Q: What are your views on the idea that businesses need to look beyond the customer to deliver outstanding customer support? 

A: Customer support is a differentiating factor in the success of any business, as it directly impacts customer satisfaction and in turn customer retention.  

While the primary role of customer support is to fix customer issues promptly and effectively, it is equally important to address the needs of support engineers. I would even go one step further and say that customer support is not just about customers. Yes, you heard that right. It may seem counterintuitive, but there’s another side to the story of retaining customers. The customer’s support experience and the engineer’s support efficiency are two sides of the same coin.

Support engineers are responsible for resolving complex issues and ensuring customer satisfaction. They are the first line of defense in protecting the company’s reputation. By investing in the well-being of support engineers, customer support can significantly elevate the customer support experience. 

Q: What constitutes a great support experience for customers? 

A: I can’t emphasize this enough: customers love self-help. They find satisfaction in testing workarounds, playing around with tips and tricks, and arriving at a solution without raising a ticket. What does this mean for us? It is our job to provide comprehensive SAP Knowledge Base Articles, guided tutorials, and other self-service options. 

Next, we need to accept that customer preferences are diverse. Not everybody has the same choice when it comes to interacting with support teams. Some like tickets, some prefer live agents to bots, and some like talking on the phone. We address this by offering multichannel support. 

Time is always a huge factor in a customer’s support experience. Maybe the issue they are facing is a minor speedbump or a major showstopper. Our job is to get them back on track. This includes personalization and the sharing of engagement history across support channels, to help ensure the customer is not forced to repeat its complaint at every desk. 

There are many more, but if you asked me to pick one – I would think proactively addressing customers’ issues, even before they realize there is a problem, constitutes a great support experience.   

Get AI-powered services and support resources, whenever you need our assistance

Q: What can improve support efficiency among support teams and engineers? 

A: Any business that takes pride in offering exceptional customer support would address three areas and ask the following questions to ensure that their support teams are fully empowered:  

  • People: Are your teams well-trained? How is the culture? Are employees collaborating and sharing knowledge? Are your systems set up to spotlight engineers who handle complex tickets with high quality solutions? 
  • Processes: How well do you minimize manual efforts and automate repetitive tasks? Do you have clear protocols and escalation paths?  
  • Technology and infrastructure: How robust is your ITSM system in managing and tracking customer queries? What productivity improvements have you implemented?  

Q: How has SAP elevated support experiences among customers?  

A: While we are invested in fine-tuning our Customer Support systems and processes regularly across multiple criteria, I would like to focus on our AI-powered solutions. 

When it comes to elevating support experiences among customers, our efforts are toward providing a smooth journey – right from when they encounter a problem down to its successful resolution. 

Those familiar with SAP systems know that our products are mapped to product functions, which you select when you create a new ticket. Now with AI, the system can predict the product function related to your case, and you can have the option to narrow your selection down very quickly. The system can also automatically suggest products when you try to select a product in the case creation form in SAP for Me. Similarly, the system can automatically route your ticket to the right queue by suggesting application components sorted by relevance for your new case. 

Another valuable AI-powered service is customer solution matching, where the system displays solutions provided to other customers that match your customer profile. With Incident Solution Matching, the system provides suggestions in the side panel of the get support app on SAP for Me. You can also see the top content suggestions related to your issue description. Our predictors and categorization machine learning models help enhance Incident Solution Matching recommendations by providing the correct contexts for a given issue description. 

SAP for Me helps bring together important alerts, metrics, and insights about your SAP product portfolio with a single access point. Built-In Support can embed the support experience into the product experience, offering context-aware guidance integrated into the user interface of cloud solutions from SAP. 

At the end of the day, all of these translate to a smooth and effortless experience for end users trying to log a support request. 

Q: How has SAP improved support efficiency among support teams and engineers? 

A: When it comes to improving the efficiency of support engineers, we lean on minimizing tedious, manual efforts and automating what can be automated. 

For example, with the expert finder, engineers can view a list of relevant experts who can handle the topic best. When intelligent swarming is applicable, the system can sort relevant swarming areas and experts by relevance, considering historical data. Given a case assigned to a category, the system can propose the most granular application component to which the ticket can be assigned. 

Support engineers can view top SAP Notes and SAP Knowledge Base Articles matching the topic of the issues they’re handling. The system can detect outbreaks by matching a case with other cases where the same issue was reported. The system can also predict outbreaks by reviewing customers with similar profiles.

Other services include automatic translation, communication assistants, text extractors, channel recommenders, and solution recommenders. These are just a few examples of how AI is making the day-to-day of a support engineer a little bit better. And SAP is fully on board to explore exciting options in this area. For a detailed showcase of our AI-powered solutions, check out Your Ultimate Guide for SAP Sapphire Orlando in 2024


Renuka Abraham is part of Customer Support at SAP.

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A day in the life of Lewis Hamilton

ver wondered how Lewis Hamilton achieves peak performance? Join us as he takes us through a day in his life, showcasing how SAP’s innovative solutions help him stay at the top of his game. From data-driven insights to seamless operations, discover the astonishing outcomes of this powerful collaboration.
Learn more about the partnership here: https://sap.to/6055dUsFV

#sapbtp #lewishamilton #datadriven

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