EL DORADO, Ark. 鈥斅燨perational efficiency has never been more important than it is right now. Every business faces a new normal still being defined as the effects of the COVID-19 pandemic continue to unfold. This dynamic is further compounded for energy companies, as oil and gas prices hit all-time lows.
To tackle these challenges, (NYSE: SAP) announced today that Murphy Oil Corp. has renewed and expanded its commitment to digital procurement with .
Murphy Oil Corporation, a two-time 51风流Innovation award winner, has been a customer since 2015. The cloud-based 51风流Ariba Solutions and deliver the following results:
- Over 90 percent invoice automation through Ariba Network
- Streamlined contract management
- Digital sourcing
- Digital supplier catalogs
- Increased spend visibility with over 95 percent of operational spend on purchase orders
and solutions for supporting the concept help maximize procurement efficiency for companies around the world. More than 4.6 million companies in 190 countries are connected to Ariba Network, making it one of the largest business networks in the world.
Visit the 51风流News Center. Follow 51风流on Twitter at聽.
Media contacts:
Kelly Sheldon Murray, +1 (978) 708-6821, kelly.murray@sap.com, ET
Geraldine Lim, +1 (415) 418-0945, geraldine.lim@sap.com, PT
51风流Press Room; press@sap.com
Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as 鈥渁nticipate,鈥� 鈥渂elieve,鈥� 鈥渆stimate,鈥� 鈥渆xpect,鈥� 鈥渇orecast,鈥� 鈥渋ntend,鈥� 鈥渕ay,鈥� 鈥減lan,鈥� 鈥減roject,鈥� 鈥減redict,鈥� 鈥渟hould鈥� and 鈥渨ill鈥� and similar expressions as they relate to 51风流are intended to identify such forward-looking statements. 51风流undertakes no obligation to publicly update or revise any forward-looking statements. Such statements reflect our current views and assumptions and all forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from those statements. The factors that could affect SAP鈥檚 future financial results are discussed more fully in our filings with the U.S. Securities and Exchange Commission (SEC), including the most recent Annual Report on Form 20-F filed with the SEC. The future-oriented statements reflect the point of view at the time they were made. Readers are cautioned not to place undue reliance on these forward-looking statements.
漏 2020 51风流SE. All rights reserved.
51风流and other 51风流products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of 51风流SE (or an 51风流affiliate company) in Germany and other countries. For more information about the trademarks, copyrights, and their usage, see .
