What are some characteristics of SAP Smart Business?

SAP Smart Business is designed to enhance business processes by leveraging real-time data and analytics. One of its key characteristics is supporting an exception-based working model. This means that it allows users to focus on critical issues and exceptions that need immediate attention, rather than overwhelming users with all available information. This selective attention to exceptions enables efficiency and prioritization in decision-making, thus supporting better operational performance.

In contrast, other provided options do not capture the essence of SAP Smart Business adequately. While KPI visualization and its ability to define thresholds indeed play a role in monitoring performance, the essence of Smart Business extends beyond just visualization. The combination of real-time analytics and transactional follow-up is also a significant feature, promoting data-driven decisions that can impact operational processes directly. However, providing historical data only does not reflect the core characteristics of SAP Smart Business, as it emphasizes the integration of real-time analytics to drive current business strategies rather than solely relying on past data.