How can AI be used in ERP?

AI enhances ERP systems by automating routine processes, providing predictive insights, and optimizing decision-making. Intelligent automation of supply chain management, financial forecasting, and human resource operations reduces manual effort and improves accuracy. AI-powered chatbots and virtual assistants further streamline workflows, offering real-time recommendations and anomaly detection to enhance efficiency and compliance.

How is AI used in financial management?

AI transforms financial management by enabling real-time data analysis, fraud detection, and risk assessment. Machine learning algorithms enhance financial forecasting, helping businesses optimize cash flow and investment strategies. AI-driven automation accelerates invoice processing, expense management, and compliance monitoring to reduce errors and ensure regulatory adherence. Intelligent insights also support strategic decision-making by identifying trends and anomalies in financial data.

Does ERP software include AI functionalities?

Modern ERP solutions, like SAP S/4HANA, integrate AI functionalities to enhance automation, predictive analytics, and intelligent decision-making. AI-powered ERP systems improve demand forecasting, automate complex workflows, and provide advanced data insights. These capabilities enable businesses to operate more efficiently, reduce costs, and improve overall agility by leveraging real-time, data-driven intelligence.

AI complements ERP rather than replacing it. While AI enhances ERP systems by automating processes and providing predictive insights, ERP remains essential as the backbone for managing core business functions. AI-powered features optimize ERP capabilities, improving decision-making and operational efficiency. However, AI alone lacks the structured data management and comprehensive integration that ERP provides, making these tools most effective when combined.

Artificial Intelligence for ERP & Finance

Revolutionize finance with embedded AI

Optimize your financial processes with powerful AI capabilities that improve accuracy, decision-making, and compliance management.

Embed AI across your finance processes:

Make the best decisions with real-time data and predictive analytics supported by generative AI
Shorten reporting cycles and increase productivity with automated, AI-driven processes
Protect business value with streamlined regulatory and sustainability standards
Gain transparency on cash position and cash forecast, manage cost-effective payments, and mitigate financial risks

Increase revenue growth

SAP Business AI uses advanced analytics and predictive insights to help identify new revenue opportunities, optimize pricing, and enhance customer acquisition.

Boost financial resilience

Increase financial stability and efficiency and drive sustainable profitability using automated processes, optimized operational costs, and real-time insights.

Improve operating cash flow

Streamline cash flow management, optimize working capital, and provide accurate forecasting.

Explore Joule use cases for finance teams

Automate tasks and improve decision-making with AI designed to support every aspect of the finance function.

Reduce accounts receivable matching effort by 71%*

Avoid manual payment clarification tasks and efficiently handle payments with intelligent receivable matching automation and AI-based payment advise extraction.

Predict the risk of late payment for invoices

Analyze large volumes of accounts receivable data to predict late payments and identify where collections activities would be most effective.

Explore AI use cases for finance

Packages

Discover how Joule can help address your finance needs.

Joule Base

Baseline AI capabilities, included in all cloud subscriptions:

Provides free access to core AI functions
Supports tasks like finding information and navigating to task-relevant locations
Embedded in standard cloud licenses with solution-specific foundational AI capabilities

Joule Premium

Advanced AI capabilities tailored to your business needs. Includes everything in Joule Base plus:

Powerful organization-wide or user-specific access to high-value AI services
Relevant Joule Agent capabilities and premium Joule capabilities, such as analytical insights and task automations
Price based on usage through AI units, billed monthly

Resources

AI-Powered Business Suite for Finance

Discover how an integrated suite of financial solutions can help organizations leverage data and AI across different financial operations to contribute to growth objectives.

Read the IDC analyst brief

Five ways that AI is changing finance

AI tools are ready to exceed human capabilities in five key financial disciplines, according to research commissioned by SAP Insights. Take a closer look at the biggest changes these disciplines face, and learn about unique traits and common strengths and weaknesses of AI.

Read the SAP Insights report

Modernizing finance with AI

Learn how AI in ERP systems can enhance your organization’s ability to improve overall performance. IDC conducted an expansive survey of a finance audience across organizations worldwide to assess their approaches to and uses of AI.

Read the IDC white paper

See how customers are succeeding with SAP

Integrating AI into financial operations

Learn how SK C&C built a scalable foundation for innovation and growth while reducing total cost of ownership.

Read the customer story

Supporting growth through automation

See how Sony Pictures Networks India drove enterprise automation to streamline finance and support future-ready operations.