Benefits of SAP HANA
Anonymous | TrustRadius Reviewer
March 19, 2018

Benefits of SAP HANA

Score 9 out of 10
Vetted Review
Verified User
Review Source

Overall Satisfaction with SAP HANA

Historically, we close our month end results by the fifth business day, but there is a lot of manual work and long hours that are required to meet that goal. In between the first business day following month end and that 5th business day, it's really only the 3rd business day our CFO has transparency on results. Implementing HANA has sped up the ability to produce more timely information to allow for better decision making, enable forward-looking decisions for our organization, such as implementing robotics, and allowing key staff to do value-added work instead of menial reconciling tasks.
  • One source of truth
  • Speed, efficiency
  • Multiple platforms that can view data on
  • Maybe ability to incorporate more 3rd party platforms
  • Should help with better and quicker decision making
We selected SAP HANA given that all of our other main systems run off the SAP ERP database, such as Bank Analyzer, and Banking Services. We also use select modules, such as the AP module, to assist with our day-to-day operations.
The biggest benefit and lift is being able to see results in real time, adhering to the soft close benefit from HANA. Previously, unless we ran a report and dumped the information into Excel, we wouldn't be able to show results to our CFO. An added benefit definitely arises through cloud/cross-platform (e.g. viewing it on an iPad).