Eltizam Asset Management Group says the implementation of the intelligent enterprise resource planning (ERP) system SAP S/4HANA will transform and streamline the company’s core back-end operations such as finance, human resources, and procurement to keep up with the changing digital economy.
As part of its USD 5M technology investment program, the next-generation ERP equips Eltizam with enhanced process automation, increased mobile capability, productivity and flexibility, and real-time analysis of business data at lower cost of ownership, the company explained in a statement.
The platform provides real-time analytics of large volumes of data, using built-in HANA Analytics. The firm added that adoption will help it prepare for future development and integration with the Internet of Things (IoT), block-chain, artificial intelligence (AI), and machine learning (ML).
Chris Roberts, CEO, Eltizam Asset Management Group, said Eltizam remains keen to drive digital transformation across various operational areas to enhance efficiency.
“Adoption of technological advancements have become so important, both for individuals and corporations, in order to fully benefit from the advantages of digitisation,” he said. “Eltizam remains committed to staying ahead of the curve by investing in, and adopting the latest industry technologies to work better, faster and ensure customer satisfaction. Furthermore, technology is one of the six important pillars of our company’s culture, which we call ‘Get Wonky’.
“We look forward to reaping the benefits of SAP S/4HANA platform – from sales transactions to complex analytical applications – which is also set to significantly increase our productivity and enhance the services that are being offered to our clients. Apart from improved customer experience and productivity, the speed of SAP S/4HANA cloud will help our business arrive at better, more informed decisions thanks to its capability to process data in real-time. We are already seeing benefits of SAP S/4 HANA in allowing our teams to work remotely, with full system capabilities, which is critical during the current challenges posed by the COVID 19 virus.” added Roberts.
Subsidiary Tamouh Integrated Business Services (TIBS), which operates across the UAE and MENA region, implemented the solution.
“In this era of digital transformation, large organisations build their operations around ERP systems. S/4HANA has the ability to transform end-to-end operations for clients-serving businesses, by enabling the intelligent digital ERP solution. The solution will allow Eltizam to respond to new customer demands faster and develop a digital roadmap,” added Mansoor Khan, Group IT Director of TIBS.