Empowering Network and Spend Management with SAP Solutions

By CIOReview | Tuesday, April 30, 2019

In 1972, researchers Tschira, Dietmar Hopp, Hasso Plattner, Hans-Werner Hector, and Claus Wellenreuther founded SAP which has now become a commonly used software platform helping organizations to run day-to-day functions by offering real-time visibility among the whole enterprise. SAP system does various activities in an organization mainly with the aim of increasing efficiency, productivity, and better management of resources. It also ensures various cost-reduction strategies, enhances customer service through customer interaction, eliminates duplicate data, automates reporting and monitoring of projects, and provides consistency across the whole organization.

Nov 7, 2018, Palo Alto Networks, California, announced that organizations are currently focusing more on their end-to-end network and spend management. A real-time decision making, long-term growth, profitability, and productivity are some of the essential factors of any business. Without having these factors, no companies can exist for a long time in the market. Those should be considered as the prerequisites for the success of any organization. For achieving them, companies worldwide are implementing SAP to have an end-to-end network and spend management.

Check out: Top SAP Companies

One of the popular IT service consulting companies named KIO Network with more than 15 years of experience in the market, with 38 datacenters in Europe, U.S., and the Caribbean, has implemented SAP solutions like SAP Ariba, SAP Concur, and SAP Fieldglass. The purposes for the implementation of SAP in the company was to streamline the process of travel budget management, automate the external works administration, and improve the relationship with suppliers.

Ariba, with about 3.6 million companies of 190 countries, is considered to be the biggest B2B network in the world. SAP Concur processed 258 million transactions over the previous four quarters. Concur is the only travel solution that has embedded Airbnb listings in online booking. SAP Fieldglass solution is a cloud-based supplier management system which has access in more than 180 countries with over 6.2 million customer base in 2018.

As organizations move forward with various technological solutions, SAP is the best-in-class solution among them which has globally accepted and almost universally used today. Its radical growth and acceptance show that it can ensure a highly efficient future and existence for the organizations who implement SAP.

Some SAP companies: msg global solutionsNexus System ResourcesSchneider-Neureither & Partner