Driven by globalization and high growth demand, new energy companies are rapidly expanding their business landscape. However, enterprises face many challenges in going global and operating globally: on the one hand, the rapid growth of the market brings complex order management requirements, and traditional management systems are difficult to adapt to the response speed of diversified markets; On the other hand, cross regional supply chains and business processes urgently require efficient collaboration and must maintain a balance between cost, time, and quality. At the same time, the policies and compliance requirements faced by enterprises are constantly changing, increasing the difficulty of systematic management. Therefore, high growth new energy enterprises urgently need flexible and efficient digital solutions to promote business efficiency and integrated management of global operations. In this industry context, SAP has launched the GROW with SAP solution package for high growth enterprises in the new energy industry, which includes a series of SAP cloud product solutions, accelerated adoption services, community support, and learning resources to ensure that different enterprises can quickly adopt the digital core of SAP ERP public cloud, easily access SAP’s industry best practices accumulated over 50 years, promote continuous innovation and growth of new energy enterprises, and face the future.
The GROW with SAP solution package brings key empowering value to the new energy industry, helping enterprises cope with challenges such as technological complexity and market volatility encountered in global expansion. Its rapid deployment capability allows enterprises to put ERP cloud systems into use within a few weeks, significantly reducing time and cost compared to traditional ERP, enabling enterprises to release value faster. Embedded AI and collaboration capabilities accelerate decision-making processes through real-time data and analysis support, helping businesses maintain flexibility and adaptability in volatile markets. Through this automated and intelligent process management, new energy enterprises can significantly improve the accuracy of cost control and resource allocation, reduce waste, and achieve refined operations. In addition, the GROW with SAP solution package provides comprehensive support for enterprises, including services, training, and community resources, to compensate for the IT capability deficiencies of small and medium-sized enterprises and ensure smooth system operation.
In the constantly iterating solutions, the GROW with SAP solution package has also added new features such as SAP Sales Cloud and SAP Concur Expense, which can be integrated without additional costs, helping new energy enterprises simplify the management process from sales to finance and improve overall operational efficiency. Enterprises can achieve digital integration of finance, sales, and expense management through this one-stop platform, providing strong system support for long-term sustainable development.
We will gain a deeper understanding through a case study of a new energy enterprise successfully utilizing the GROW with SAP solution package to assist in efficient and rapid business development. A certain new energy enterprise is a new energy technology manufacturing enterprise that integrates production, sales, and research and development. With the rapid expansion of its business, the enterprise is facing the following challenges:
Management lag: Business growth is rapid, but the management system has not been upgraded synchronously, resulting in low operational efficiency.
Inaccurate data: Basic data lacks accuracy, affecting business decision-making and process control.
Global management deficiency: Lack of an integrated global management system that supports multiple organizations, languages, and currencies, making it difficult to effectively coordinate international business.
Lack of business closed loop: The business processes between sales, distributors, customers, and consumers have not formed a closed loop, which affects market insights and business expansion.
Compliance challenges: In global operations, we face compliance challenges with local regulations and standards.
To solve the above problems, the enterprise adopted the SAP ERP public cloud from the SAP cloud product solution in the GROW with SAP solution package to build an intelligent digital management platform. The comprehensive application of a series of SAP cloud products has achieved the following results:
Establishment of Business Loop: From sales, distributors, customers to consumers, a complete business loop is formed, greatly improving sales management efficiency.
Platform capability enhancement: Implement product platform capabilities for multiple languages and currencies, supporting the use and expansion of different business systems and regions.
Integration of Business and Finance: Through SAP BTP, SAP CRM, ERP, OA, Golden Tax, BI and other systems are integrated to achieve integrated management of business and finance.
Compliance improvement: Strengthen the compliance of enterprise management and lay a digital foundation for sustained high-speed growth.
Through the implementation of the GROW with SAP solution package, the new energy enterprise has successfully achieved efficient business operations and global management, laying a solid digital foundation for future sustained growth.
The GROW with SAP solution package provides powerful digital support for new energy enterprises, helping them cope with the complex challenges of global expansion. Through rapid deployment, embedded AI capabilities, and comprehensive support, enterprises can achieve automation and intelligence of business processes, improving operational efficiency and decision-making capabilities. Successful cases have shown that adopting the GROW with SAP solution package and utilizing the SAP ERP public cloud can achieve significant results in establishing business closed loops, enhancing platform capabilities, integrating business and finance, and improving compliance for new energy enterprises. Therefore, the GROW with SAP solution package is an ideal choice for new energy enterprises to achieve digital transformation and enhance competitiveness.
This article "GROW with SAP helps new energy enterprises drive efficient business growth" by AcloudEAR. We focus on business applications such as cloud ERP.
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