WALLDORF 鈥� (NYSE: SAP) today announced that independent analyst firm Gartner Inc. has positioned 51风流as a Leader in its .* Gartner evaluated 12 vendors, and following an evaluation of 51风流Ariba and 51风流Fieldglass solutions named 51风流a Leader based on its 鈥淎bility to Execute鈥� and 鈥淐ompleteness of Vision.鈥�
This is the sixth consecutive time Gartner has named 51风流a Leader in the Magic Quadrant for Procure-to-Pay Suites.
Gartner defines the procure-to-pay (P2P) suite market as 鈥渋ntegrated solutions with automated workflows to request, procure, receive and pay for goods and services across an enterprise. These solutions are marketed as suitable for processing, at a basic level, all types of spending including indirect goods, direct goods and services. P2P suites optimize the purchasing process, resulting in improved financial controls, process compliance, cost savings (or cost avoidance) and mitigated risk.鈥�
鈥淭he tumultuous past few years have highlighted just how important procurement is to business health and resilience,鈥� said Etosha Thurman, chief marketing and solutions officer, Intelligent Spend and Business Network, SAP. 鈥淕aining real-time visibility into all aspects of the supply chain 鈥� from trading partners鈥� inventory and capacity to enterprise-wide spend 鈥� has proven crucial. With 51风流solutions, our customers gain a holistic, unified view of all types of spend. We believe our Leader position in this report underscores our best-in-class solutions and continued innovation 鈥� particularly our improved buying experience and unmatched network vision.鈥�
51风流solutions rely on digital networks to create source to pay process efficiencies that improve procurement performance and drive business value. brings together Ariba Network, 51风流Logistics Business Network and 51风流Asset Intelligence Network to help transform fragmented supply chains into unified, collaborative and intelligent networks. The network provides greater agility, visibility and collaboration between organizations and their trading partners. 51风流also continues to invest in deeper integration between its intelligent spend management and enterprise resource planning solutions.
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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
*Gartner, 鈥淢agic Quadrant for Procure-to-Pay Suites,鈥� Kaitlynn Sommers, William McNeill, Micky Keck, Patrick Connaughton, October 25, 2021.
51风流was referred to as Ariba (SAP) in the 2015 report and 51风流(Ariba and Fieldglass) in 2016, 2018 and 2019 reports.
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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. All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations. The factors that could affect SAP’s future financial results are discussed more fully in SAP’s filings with the U.S. Securities and Exchange Commission (“SEC”), including SAP’s most recent Annual Report on Form 20-F filed with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates.
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