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S/4 Pre-Project: Leverage Business Benefits by Implementing Material Ledger

September 15, 2020/0 Comments/in SAP S/4 Simplification Digest Series /by GyanSys Inc.

Did you know that Material Ledger is mandatory in S/4HANA? Since SAP has extended ECC maintenance to 2027, take advantage of Material Ledger implementation as a stand-alone pre-project before your S/4HANA migration.

Why implement Material Ledger now?

Whether you are a CFO, controller or manager, SAP Material Ledger provides you with the accurate information allowing faster strategic ‘buy-source-make’ decisions.

Here are a few key drivers in your decision making process:

  • Do your organizational Standards reflect Actual Cost on an ongoing basis?
  • Is there an accuracy of Cost flow between Manufacturing Plants?
  • How do you establish blended cost when product is procured and produced?
  • How do you capture – Freight, Duty and Markup costs?
  • Can you carry out multi-dimensional Analysis of Production Variances?

Here is how the Material Ledger integration flows across CO-PA:

Material Ledger integration to CO-PA

When implemented properly, Material Ledger can bring transparency to valuation chain with:

  • Variance Visibility across the Inventory Value chain from procurement to production
  • Variances Allocation to product that are otherwise invisible
  • Periodic Actual Costing a tool for faster strategic decisions
  • Simultaneous Inventory Valuation in multiple currencies

Material Ledger can be implemented easily to deliver business value from the get-go, based on a detailed assessment of your business challenges, defined success metrics, and a clear roadmap.

How can GyanSys help?

GyanSys has provided significant value to our customers by implementing Material Ledger as a stand-alone project prior to S/4HANA migration. We will share successful customer case-studies on our clients take advantage of implementing Material Ledger now, rather than waiting until S/4 is implemented. We can assist you with our vast experience from across 25+ SAP S/4HANA implementations.

Our key deliverables:

  • Review current standard cost practices in your organization
  • Analyze current cost movement between plants – Inter and Intracompany
  • Review all types of variances and provide detailed dataflow for allocating and absorbing variances at multiple level
  • Provide key business inputs on how Material Ledger help them with Cost Analysis
  • Analyze integration with COPA
  • Roadmap and ML Implementation Schedule

Material Ledger implementation will add significant value today. It will also minimize the system downtime and simplify your S/4HANA migration in the future.

Interested in finding out more about implementing material ledger before your S/4 migration? Click here to contact us to schedule a session with our experts!

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GyanSys Inc.
GyanSys Inc.
Based out of Carmel, Indiana, and servicing globally, GyanSys is a mid-tier global systems integrator with 15+ years of successful engagement across 125+ global customers. GyanSys has 1,000+ consultants with competencies spanning across SAP (S/4HANA, PLM, IBP/APO, CX/Hybris/CRM, SuccessFactors, Ariba/SRM, etc.); Microsoft (SharePoint and custom applications); and Salesforce (Sales, Service Cloud, & Lightning Development). We enable our customers attain higher ROI leveraging existing investment on their IT platform. For more information, visit https://gyansys.com.
GyanSys Inc.
Latest posts by GyanSys Inc. (see all)
  • S/4 Pre-Project: Leverage Business Benefits by Implementing Material Ledger - September 15, 2020
  • Recap: ASUG Chicago Chapter Meeting (July, 2017) - July 24, 2017
  • Recap: ASUG Indiana Chapter Meeting (February, 2017) - February 21, 2017
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  • Author
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GyanSys Inc.
GyanSys Inc.
Based out of Carmel, Indiana, and servicing globally, GyanSys is a mid-tier global systems integrator with 15+ years of successful engagement across 125+ global customers. GyanSys has 1,000+ consultants with competencies spanning across SAP (S/4HANA, PLM, IBP/APO, CX/Hybris/CRM, SuccessFactors, Ariba/SRM, etc.); Microsoft (SharePoint and custom applications); and Salesforce (Sales, Service Cloud, & Lightning Development). We enable our customers attain higher ROI leveraging existing investment on their IT platform. For more information, visit https://gyansys.com.
GyanSys Inc.
Latest posts by GyanSys Inc. (see all)
  • S/4 Pre-Project: Leverage Business Benefits by Implementing Material Ledger - September 15, 2020
  • Recap: ASUG Chicago Chapter Meeting (July, 2017) - July 24, 2017
  • Recap: ASUG Indiana Chapter Meeting (February, 2017) - February 21, 2017
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