Now let's introduce what we'll be discussing about s for HANA in business partners in s for HANA sync to simplify the business process, every vendor and customers are defined as a piton business part. So the whole point is where you know you you are a manufacturing company where you buy stuff from a particular vendor, as well as you sell them. And they are also customers so to get on overall overview where you spend money on them, and based on that you can negotiate better price. So I'm just giving you an example. Okay, Amazon buy suppose paper towels from me, okay, as well as Amazon buys paper towels or from me, but I get some of the ingredients from Amazon to make those paper towel. So in those cases, oh, I this is this guy.

Also customers well as a vendor, let's do a good contract and negotiate and probably make it even or make it profitable. So, both are interested in it, Amazon will be interested in it and we as a company also will be interested in it. So the most important thing that we are going to does is ease the master data maintenance and helps the data to be harmonized. So before in ECC six, you have to go through different tables go to Kane and one go through LFA one and find this harmonization now, this is already built, so you just need to so what happens is it's like you have this business partner and you have a customer and your vendor is the same it can have different address, but it falls into this business partner Okay. Then the next thing is reduces the redundancy of the database on different roles of business partner, carry out suppose imagine The customer and the vendor address is the same.

Before what we had to do, we have to change both address as well as the vendor address as well as the customer address. But in some cases Now in this case, you change the customer address, the vendors also gets changed. Now you might change, it's not always in that time. So you can change the config, you can put different accounting groups which will do the same. So you can say, Okay, this type of relation will change this type of data or this type of accounting group should change the business partner as well as the customer data based on the vendor thing are and vice versa. So it's up to you.

It's up to you have more options to do it. Okay. Now, it also helps the business folks to consolidate earnings. This is a this is a real, real big deal and payables together so that a single report of earning and spending based on a single entity can be produced in this piece. has been asking for years for ages and finally became with it. And we I remember lots of clients we used to have another system consolidation system which used to do their thing of magic and eventually we had to give the logic.

Now, all those things all those systems are not needed there you get the savings, you have one system s for HANA, which is running on steroids, and which is fast as anything, and which will give you this information in a matter of clicks. Okay, so this is very important, and we'll discuss through all these things in this course.