RISE with SAP vs GROW with SAP: What’s the Difference?
In the ever-evolving world of enterprise software, SAP has emerged as a dominant force, offering a range of solutions to cater to the diverse needs of businesses across the globe. Among the latest additions to SAP's portfolio are two distinct offerings: RISE with SAP and GROW with SAP. While both aim to facilitate the transition to cloud-based ERP systems, these solutions differ in their target audience, approach, and the value they deliver to companies as a whole and in particular, to pricing teams. For companies seeking to optimize their pricing strategies and drive business growth, understanding the nuances between RISE and GROW can be a game-changer.
Price fx is a pioneer in cloud-native pricing software, with over a decade of experience in connecting our systems to your SAP ERP, CRM, and CX solutions, but let’s make the following very clear straight out of the gates. Yes, it is true that Pricefx Optimized Dynamic Pricing is now Premium Certified for SAP S/4HANA, adding greater value to the SAP Endorsed App, BUT: the aim of this article is not to give you the hard sell on purchasing our pricing solution.
We are here to educate you on the differences between RISE with SAP vs GROW with SAP, deciphering which is best for your organization and how these solutions can help your pricing team thrive in the competitive business environment and set you up for success.
Let’s jump right in and start digging around in the weeds of the differences between RISE with SAP vs GROW with SAP, before we look at how RISE with SAP assists enterprise-level companies in combination with a pricing software solution.
The Tale of Two Cloud-Based SAP ERP Offerings: Unveiling RISE and GROW
RISE with SAP and GROW with SAP are two distinct offerings. While both aim to facilitate the transition to cloud-based ERP systems, these solutions differ in their approach, target audience, and the value they deliver. For companies seeking to optimize their pricing strategies and drive business growth, understanding the nuances between RISE and GROW can be a game-changer.
Imagine a sprawling, majestic castle – that's RISE with SAP. It is a comprehensive cloud solution designed for established businesses with complex needs – usually for enterprise level companies that have extensive SAP systems. Think towering ramparts (extensive customization options), a bustling marketplace (a complete suite of cloud services), and a dedicated royal guard (tailored support).
GROW with SAP, on the other hand, is a sleek, agile fort – perfect for nimble startups and growing companies. It offers a streamlined path to the cloud with essential features (think sharpened arrows and a strong gate), allowing you to scale up as your business expands.
That is it in a nutshell, but let’s dive deeper and analyze the differences.
RISE with SAP: The Tailored Transformation
RISE with SAP is SAP's flagship offering, designed to provide a comprehensive and customized path to cloud-based ERP adoption. This solution is primarily targeted at existing SAP customers who are looking to migrate their on-premise or legacy systems to the cloud. RISE with SAP offers a holistic package that includes the SAP S/4HANA Cloud software, infrastructure, and a range of support services to ensure a seamless transition.
One of the key features of RISE with SAP is its flexibility and adaptability. The solution is tailored to the specific needs of each organization, allowing for a high degree of customization and integration with existing systems. This makes it an attractive option for larger enterprises or companies with complex business processes that require a more bespoke approach.
For pricing teams within these organizations, RISE with SAP can be a valuable asset. By integrating the pricing software with the broader SAP ecosystem, pricing professionals can gain access to a wealth of data and analytics that can inform their decision-making. This includes insights into customer behavior, market trends, and the impact of pricing strategies on overall business performance.
Moreover, the seamless integration between RISE with SAP and other SAP modules, such as finance, sales, and supply chain, enables pricing teams to collaborate more effectively with their cross-functional counterparts. This collaboration can lead to a more holistic and strategic approach to pricing, where pricing decisions are aligned with the broader business objectives.
GROW with SAP: The Accelerated Cloud Adoption
In contrast to RISE with SAP, GROW with SAP is designed to cater to the needs of smaller businesses that are new to the SAP ecosystem or are looking for a more streamlined and accelerated path to cloud ERP adoption. This solution is particularly well-suited for mid-sized companies or those with less complex business requirements.
GROW with SAP leverages the power of SAP S/4HANA Cloud, public edition, and the SAP Business Technology Platform (SAP BTP) to provide a preconfigured and pre-optimized solution. This approach allows for a faster implementation timeline, usually making it a nimble and attractive option for businesses that need to get up and running quickly.
For pricing teams within these organizations, GROW with SAP can offer several benefits. The pre-configured pricing modules and best practices built into the solution can help pricing professionals quickly establish effective pricing strategies and processes. Additionally, the integration with SAP BTP provides access to advanced analytics and AI-powered pricing optimization tools, enabling pricing teams to make more informed and data-driven decisions.
One of the key advantages of GROW with SAP for pricing teams is the emphasis on agility and scalability. As businesses grow and evolve, the ability to adapt pricing strategies and processes becomes increasingly crucial. GROW with SAP's cloud-based architecture and continuous updates ensure that pricing teams can stay ahead of market changes and respond to shifting customer demands.
The Pricing Perspective: Aligning RISE and GROW with Your Needs
When selecting the right SAP solution for your organization, your pricing team's needs should be a key consideration. Both RISE and GROW with SAP offer unique advantages, and the choice ultimately depends on the specific requirements and characteristics of your business.
Choosing the Right Cloud for Your Pricing Prowess: A Strategic Decision
So, which cloud solution is right for your company's pricing team? Well, it depends on your specific needs and resources.
Here is a quick decision tree to help you navigate the choice:
- Complex needs, large organization, and budget to match? RISE with SAP might be your castle in the clouds.
- Smaller company, focused on quick implementation, and cost-conscious? GROW with SAP could be your perfect fort.
Why RISE with SAP?
For larger enterprises or companies with complex pricing structures and workflows, RISE with SAP may be the more suitable option. The flexibility and customization capabilities of RISE allow pricing teams to integrate their pricing software seamlessly with the broader ERP ecosystem, enabling a more holistic and strategic approach to pricing.
Why GROW with SAP?
On the other hand, mid-sized companies or those with less complex pricing requirements may find GROW with SAP to be a more attractive choice. The accelerated implementation timeline and pre-configured pricing modules can help pricing teams get up and running quickly, while the integration with SAP BTP provides access to advanced pricing analytics and optimization tools.
What Unique Benefits RISE with SAP offers Pricing Software Users
Many larger and enterprise-level companies face the challengeof their revenue and pricing strategy not aligning with their execution systems. Without a systematic approach to pricing and revenue management involving tools, processes, and personnel, firms may experience notable revenue loss. By addressing this with pricing software, companies can regain up to 5% in net profits and boost their gross revenue by as much as 10%, according to BCG.
For example, as the only SAP Endorsed App for pricing, Pricefx integrates natively into your SAP Software to centralize and streamline your pricing globally.
Pricefx empowers SAP users to harness the full potential of pricing technology. It works in tandem with SAP's pricing data, giving enhanced flexibility and control over pricing strategies. With embedded AI and machine learning, it lets you simulate potential pricing scenarios using your own data ahead of actual changes. Informed pricing choices bolster your competitive position without detriment to profits.
For our RISE with SAP (SAP S/4HANA + Pricefx) users that means:
- Unified, streamlined, and automated pricing management.
- Fully aligned pricing strategy, optimization, and execution.
- Dynamic, consistent & scalable omnichannel pricing.
- Actionable Insights with contextual decision support.
- Agility with support for new business and pricing models.
- Data-to-business value frameworks with AI modeling.
Pricefx uses the cloud to connect and ingest internal and external data sources to optimize market-specific pricing strategies.
The solution suits businesses with thousands of price points that need to calculate prices and discounting thresholds dynamically based on various components. It uses AI and machine learning to fix suboptimal pricing practices from historical deals and centralize price management across operations and regions with different countries and currencies.
Embracing the Right SAP Transformation for Pricing Excellence
In the ever-evolving landscape of enterprise software, the choice between RISE with SAP and GROW with SAP is not a one-size-fits-all decision. Each solution offers unique advantages and caters to the specific needs of distinct types of businesses. For pricing teams, understanding the differences between these two SAP offerings, and aligning them with the organization's pricing requirements is crucial. By leveraging the capabilities of RISE or GROW, pricing professionals can contribute to the overall success of the SAP transformation and drive business growth through effective pricing strategies.
Whether your organization is a large enterprise or a mid-sized company, the key to success lies in embracing the SAP transformation and empowering the pricing team to be a strategic partner in the process. By doing so, you can unlock the full potential of your pricing capabilities and position your business for long-term success in the ever-evolving world of enterprise software.
To learn more about the ways to mitigate the costs of SAP S/4HANA migration with Pricefx, check out this handy article below to learn more:
Meanwhile, Happy Pricing!
Steve Haskin
Senior Channel Alliance Manager in Ecosystem, Pricefx
Steve Haskin has over 20 years of progressive experience in pricing technology and building and managing top performing global sales & marketing alliances. His background ranges from early-stage San Francisco startups to global enterprises. Steve has been with Pricefx for more than 3 years after 9 years in Private Equity. His first-hand knowledge of the benefits of a world class ecosystem has helped Pricefx build a unique affiliation of partners.