5.0 New Functionality in SAP R/3 Enterprise 4.7
SAP Enterprise Core provides users with new functionalities in the following areas by incorporating SAP Enterprise Extensions in its architecture.
Human Resource
SAP 4.7 facilitates the companies in management of global employees along with their payroll management by providing a function to support all processes involved in transferring an employee abroad. The cases where the employees cannot always obtain access to a personal computer it gives an additional feature of mobile time management. In this the employees working in the field can use the wireless application protocol (WAP)-enabled mobile phones to record their working times directly and to check their time accounts regardless of time or location. In addition, SAP 4.7 makes available the users with newly introduced or updated functions of benefits and compensation, concurrent employment, payroll, time management and enabling for application service provision.
Supply Chain Management
The 4.7 version provides users with manufacturing execution that is based on the process management functionality of the previous SAP R/3 releases. It delivers additional production execution features and serves as a basic manufacturing platform. This version also comes with the function for managing cross- system flow of goods. It attains this function by facilitating the management of good movements relating to sales and purchase orders within a business system group. Moreover it comes with the functions for advanced warehouse interface, business application add-ins, document change management for purchase orders, interfaces and extractors, task and resource management.
Financial Management
It comes with new post processing of electronic bank account statements functions that enable customers to select and correct bank statement items faster in case the function did not post automatically. This enables the users to trigger automatic postings for several items at the same time. It also has an accrual accounting engine that enables users to automatically calculate and post accruals such as license fee, rent costs, or revenues in the general ledger accounting facility of SAP R/3 Enterprise core. Besides this, the functions have been added or changes have been made in the functions for process improvements, valuation and legal improvements, and technical improvements.