SAP has unveiled new BusinessObjects Sustainability Performance Management application, which it claims to enable businesses to set sustainability goals and objectives, measure and communicate performance, and reduce data collection costs and errors.
The company said that the new application provides a view of an organisation’s sustainability indicators and features an interface that streamlines internal and external reporting. It helps to turn data into actionable insight that can be cascaded and executed on throughout an organization.
The company claims that the new application features a library of sustainability performance indicators and is designed to integrate with SAP and non-SAP offerings. It can also be used as a stand-alone offering.
According to SAP, the new application helps make reporting easier while also applying a performance management framework to sustainability information to help drive improvement and profitability across the enterprise. It features an ability to automatically collect key performance indicator (KPI) data from a variety of sources.
The analytic functionality built-in the new offering helps to give a glance view of the sustainability metrics of a business, helping users measure, refine and showcase return on investment. The application takes sustainability data and turns it into actionable information and insights, enabling customers to aggregate results and examine performance across multiple dimensions, the company said.
Peter Graf, chief sustainability officer and executive vice president of sustainability solutions at SAP, said: The new SAP BusinessObjects Sustainability Performance Management application is the first off-the-shelf system that supports a holistic view of sustainability.
“Until now, it’s been extremely difficult to get the complete, actionable information needed to operationalise sustainability goals and strategies. In my role at SAP I’ve seen that firsthand. SAP is not only the developer of this ground-breaking software we’re also implementing it ourselves to help drive sustainability strategies throughout our global organisation and become a clear enterprise.
