Magnitude Software is introducing a new platform that will integrate heterogeneous ERP data into SAP S/4 HANA in real time.
“The whole key philosophy around it is those organizations that are looking to move to S/4 HANA who are in a heterogeneous world today,” said Mike Ormerod, VP Product Management. “The solution is to address that need in real-time.”
The solution, dubbed RTD Stream, will enable access to the entirety of an organization’s fragmented ERP data, allowing finance professionals to centrally control their operations in a shared services environment.
RTD Stream will automatically extract, transform, rationalize, map, and organize Oracle ERP systems data.
“The key benefits here is giving an organization a single view of their financial picture around their customers and organization in general in a timely manner,” Ormerod said.
RTD Stream structures and continuously feeds ERP data into SAP S4/HANA and further enhances SAP S4/HANA by automating the integration of heterogeneous ERP data (such as general ledger data from non-SAP ERP systems), and delivering it into S4/HANA.
Features include data capture from other non-Oracle ERP, CRM and custom systems with a Universal Adapter allowing for a complete financial business view; the ability to add RapidDecision, Magnitude’s analytics solution, on HANA to ensure 100% of the Oracle ERP transaction data is available for analysis and allows users to drill back to source system data; and combined with RapidDecision, reports can be enhanced and new analytics created without the typical delays and the effort required to extract additional data elements from source systems.
Other benefits include the ability to load non-SAP ERP data into S4 HANA, the ability for SAP and non-SAP ERP data is available on a single HANA platform reducing confusion and increasing efficiency, provides rapid time to value, allows data to be continuously updated and remain current – mitigating the need for periodic refreshes that can impact system and network performance, allows ERP version changes that can impact the internal ERP data structure are completely transparent to the reports and analytics and bundles starter reports for each supported transaction types.
Support for additional backend ERP systems are on tap for the future, according to Ormerod.
“This is a great way for SAP to extend their footprint,” Ormerod said.
For more information about this news, visit www.magnitudesoftware.com.