What is GROW with SAP, and What Does It Mean for Mid-Sized Companies?
Mid-sized companies often face unique challenges when it comes to managing their business operations. They may not have the resources or infrastructure of larger companies, but they still need to be agile and responsive to changing market demands to stay competitive. This is where GROW with SAP can help.
WHAT IS GROW WITH SAP?
In 2021, SAP announced RISE with SAP, a solution to help businesses with their digital transformation. To further support midmarket and growing companies, SAP announced in early 2023 the launch of GROW with SAP, a new offering utilizing their core cloud-ERP platform tailored for mid-sized companies. GROW with SAP is a pre-packaged solution that leverages SAP S/4HANA Cloud public edition embedded with industry best practices and SAP Business Technology Platform (BTP) to provide a fully integrated, modular, and more cost-effective growth platform for mid-sized and growing organizations.
GROW with SAP makes SAP’s industry leading tier 1 ERP solution more accessible to organizations who previously didn’t have the resources to dedicate to full-scale ERP implementation. But what can companies who implement GROW with SAP expect from their new solution?
WHAT ARE THE KEY BENEFITS OF GROW WITH SAP FOR MID-SIZE ORGANIZATIONS?
Streamlined operations: GROW with SAP offers an integrated suite of cloud-based applications that can help mid-sized companies streamline their operations. The solution provides end-to-end visibility into all aspects of the business, from supply chain management to customer service. This allows companies to identify inefficiencies and bottlenecks in their operations and take corrective action to improve their overall performance.
Improved decision-making: GROW with SAP leverages SAP S/4HANA public edition, which has embedded advanced analytics and machine learning algorithms to provide mid-sized companies with insights into their business operations. This allows companies to make informed decisions based on data-driven insights, enabling them to drive growth and profitability.
Enhanced customer experience: GROW with SAP offers a range of features designed to enhance the customer experience. This includes personalized recommendations and advanced analytics that can help mid-sized companies understand their customers’ needs and preferences. With this information, companies can tailor their products and services to meet the specific needs of their customers, improving customer satisfaction and loyalty.
Increased efficiency: GROW with SAP can help mid-sized companies improve their efficiency by automating routine tasks and optimizing their business processes. This frees up resources and allows companies to focus on strategic initiatives that can drive growth and profitability.
Scalability: GROW with SAP is designed to grow with mid-sized companies. The solution can be customized to meet the unique needs of each company and can scale as the company grows. This allows mid-sized companies to take advantage of the latest technologies and innovations without having to invest in expensive infrastructure.
Cost savings: GROW with SAP is a cloud-based solution, which means that mid-sized companies don’t have to invest in expensive hardware or software. This can lead to significant cost savings, allowing companies to invest in other areas of the business that can drive growth and profitability. Additionally, this new solution utilizes a low-code SAP solution called SAP Build that allows for customization, app development, and automation without needing to invest heavily in additional tech talent.
GROW WITH SAP: A SOLUTION FOR MID-SIZE COMPANIES
GROW with SAP presents a significant opportunity for mid-sized companies to invest in their enterprise technology and further demonstrates SAP’s continued growth in the mid-market space. This solution makes one of the top ERP platforms in the world more accessible to mid-sized organizations and provides a solution to help keep up in the fast-paced environment of today’s world and changing market demands.
If you’re interested in learning more about GROW with SAP and if it’s the right solution for you, Crescense can help.