Customers Gain Additional Value from SAP and Acorn Domain Expertise
Supporting the CFO
ATLANTA, April 23 /PRNewswire-FirstCall/ -- Furthering extending its
portfolio of solutions for the chief financial officer (CFO), SAP AG (NYSE:
SAP) today announced that it will resell Acorn System's profitability
management software. Under the terms of the global reseller agreement, SAP
will resell Acorn's Profit Analyzer software, which runs on SAP(R)
NetWeaver Business Intelligence (NetWeaver BI), as the SAP(R) Business
Profitability Management application by Acorn as a standalone solution and
as part of a comprehensive set of performance management solutions. The
announcement was made at SAPPHIRE(R) '07, SAP's international customer
conference, being held in Atlanta, Georgia, April 22 - 25.
(Logo: http://www.newscom.com/cgi-bin/prnh/20050310/SFTH009LOGO-a )
SAP customers will gain greater value from their existing IT
investments by extending their integrated enterprise resource planning
(ERP) processes to encompass deep profitability management capabilities.
CFOs can leverage their trusted foundation of SAP ERP with rich
functionality for integrated business controls as well as managing risk,
strategic procurement and strategy and profitability. With this
announcement, SAP is continuing to execute on its plan to comprehensively
support CFOs as they lead the financial transformation process within their
organizations.
Profitability management provides a crucial component of corporate
performance management (CPM) solutions by providing visibility into the
products and customers that deliver the highest value to organizations,
thus helping steer companies through their financial transformation. The
combination of Acorn Systems' recognized domain expertise in profitability
management and differentiated approach to understanding the cost drivers
within business processes, combined with SAP's deep expertise in those
business processes, allows Acorn and SAP together to deliver profitability
solutions that optimize customers' investments.
Tech Data Corporation (Nasdaq: TECD), a global distributor of IT
products to 90,000 customers in 100 countries recently entered into an
agreement to implement Acorn's Performance Analyzer in the United States
and is already a major SAP user in its territories outside of the Americas.
"This new relationship between Acorn and SAP will provide some
promising opportunities for us to more easily, and in a more integrated
manner, extend our use of Acorn's tools in the future," said John Tonnison,
Tech Data's senior vice president, Information Technology. "It certainly
validates our decision to add Acorn to our enterprise applications
portfolio."
Profitability Management software delivers detailed visibility into the
root causes of cost variability within business processes that affects
profit and hence improve decision-making for the business user. SAP
Business Profitability Management is already certified as "Powered by SAP
NetWeaver," enabling customers to take immediate advantage and get up and
running with Acorn software quickly, without disruption to IT or the
business.
"The performance leaders in virtually all industries have achieved
success by pursuing the time-proven process of measuring, analyzing, and
improving their profitability in a sustained, systematic way," said Leland
Putterman, CEO of Acorn Systems. "SAP and Acorn now make it easy for
customers to leverage their investment in SAP applications for ERP, CRM,
SCM, financials, and SAP NetWeaver BI solutions to generate meaningful
insight into the profitability of their business. Our customers who have
traveled this journey have achieved breakthrough performance results, and
SAP and Acorn intend to offer and deliver similar value to those companies
in the global marketplace who embrace this joint solution offering."
"C-level executives tell us that understanding profitability -
especially customer and product profitability - is one of the top
priorities in managing corporate performance," said Sanjay Poonen, senior
vice president and general manager, SAP Analytics, SAP AG. "With increased
global competition and often razor-thin margins, companies must optimize
their demand and supply chains to maximize shareholder value. SAP Business
Profitability Management by Acorn allows organizations to clearly
understand their most profitable customers and products in order to
optimize their further investments in their value drivers. The breadth and
depth of functionality delivered through the combined solution, powered by
SAP NetWeaver, delivers an integrated offering to customers and enables
them to leverage their existing investments in SAP solutions."
For more information, please visit:
http://www.sap.com/solutions/performancemanagement.
About SAP
SAP is the world's leading provider of business software*. Today, more
than 39,400 customers in more than 120 countries run SAP(R)
applications-from distinct solutions addressing the needs of small
businesses and midsize companies to suite offerings for global
organizations. Powered by the SAP NetWeaver(R) platform to drive innovation
and enable business change, SAP software helps enterprises of all sizes
around the world improve customer relationships, enhance partner
collaboration and create efficiencies across their supply chains and
business operations. SAP solution portfolios support the unique business
processes of more than 25 industries, including high tech, retail,
financial services, healthcare and the public sector. With subsidiaries in
more than 50 countries, the company is listed on several exchanges,
including the Frankfurt stock exchange and NYSE under the symbol "SAP."
(Additional information at http://www.sap.com )
(*) SAP defines business software as comprising enterprise resource
planning and related applications such as supply chain management, customer
relationship management, product life-cycle management and supplier
relationship management.
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For more information, press only:
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