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November 8, 2011

SAP enhances its Business Suite software

Delivers innovations across lines of business and industries

By CBR Staff Writer

SAP has introduced enhanced packages for SAP Business Suite software to deliver enhancements to offerings developed to keep customers competitive in the global marketplace.

With Line-of-business innovations for SAP Business Suite, a company can grow its core processes without slowdown or disruption, helping ensure that the best technology is in use at all times.

Companies can accurately identify and measure their commodity price and currency exposure, and take the appropriate steps to mitigate these risks with the help of SAP Commodity Risk Management application.

Customers can manage the end-to-end process of buying commodities and integrate tightly with quality management, financial settlement the help of SAP Commodity Procurement application.

Companies can capture commodity contracts with commodity price definitions based on market quotes, and streamline the invoicing process by enabling automated provisional, differential and final invoicing with the help of SAP Commodity Sales application.

Customers can react to demand and supply changes, coordinating planning across internal manufacturing and outsourced manufacturing, while reducing lead times, improving service and lowering inventories with an updation to the SAP Response Management application by ICON-SCM.

Enhancement package 2 for the SAP Supplier Relationship Management application 7.0 includes updates for sustainable procurement, featuring sustainability information in the catalog for use while shopping so employees can make informed buying choices.

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SAP Leasing for Banking package aims to automate and integrate lease contract management and accounting to streamline operations end-to-end, as well as help increase revenues with value-adding services.

SAP Advanced Metering Infrastructure (AMI) automates and streamlines end-to-end processes increases transparency and deliver timely information on energy usage and SAP Customer Relationship Management and Billing for Utilities package describes the required processes for energy retailers and utilities to define and sell energy while at the same time helping ensure regulatory compliance.

SAP Application Strategic Innovation executive vice-president Peter Kuerpick said SAP is making a distinct effort to ensure that SAP customers receive the highest quality enhancements to their SAP systems in the simplest way possible.

"With this group of new and enhanced solutions, we are pleased to deliver innovations across lines of business and industries that are both easy to consume and essential for best-run businesses," said Kuerpick.

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