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SAP extends partnership with Vendavo

Thursday 24 October 2013 13:12 CET | News

The Supervisory Board of Germany-based multinational software provider SAP AG and Vendavo, a provider of enterprise solutions have extended the partnership based on the SAP HANA platform aimed at providing customers with profit optimisation solutions.

Vendavo is set to run the next release of its Profit Analyzer application on the SAP HANA database. In this Profit Analyzer solution, planned for release in early 2014, use of SAP HANA is planned to replace Vendavo’s current proprietary in-memory technology, which runs on an Oracle or DB2 database.

Vendavo is focused on providing enterprise profitability solution for 300 company divisions from industries such as chemicals and process, consumer packaged goods, wholesale distribution, energy and utilities, technology, industrial manufacturing, and medical devices and consumables.

In recent news, SAP has appointed Luka Mucic as Chief Financial Officer of SAP, effective July 1st, 2014.


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Keywords: SAP, Vendavo, e-invoicing, profit optimisation, HANA platform, Germany
Categories: Banking & Fintech
Companies:
Countries: World
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Banking & Fintech






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