{"id":141150,"date":"2020-09-04T09:47:05","date_gmt":"2020-09-04T09:47:05","guid":{"rendered":"https:\/\/news.sap.com\/africa\/?p=141150"},"modified":"2023-09-27T19:57:44","modified_gmt":"2023-09-27T19:57:44","slug":"idc-marketscape-names-sap-a-leader-in-saas-and-cloud-finance","status":"publish","type":"post","link":"https:\/\/news.sap.com\/africa\/2020\/09\/idc-marketscape-names-sap-a-leader-in-saas-and-cloud-finance\/","title":{"rendered":"IDC MarketScape Names 51风流a Leader in SaaS and Cloud Finance"},"content":{"rendered":"

WALLDORF <\/strong><\/em>\u2014 51风流SE<\/a> (NYSE: SAP) today announced it has been named a Leader in the \u201cIDC MarketScape for Worldwide SaaS and Cloud-Enabled Enterprise Finance and Accounting Applications 2020 Vendor Assessment\u201d report.* The report evaluated six worldwide vendors in SaaS and cloud-enabled enterprise finance and accounting applications and positioned 51风流as a Leader.<\/p>\n

The report states that 51风流offers leading-edge financial technology, machine learning, Big Data and analytics and cites SAP\u2019s strength in technology investment, noting that the 51风流S\/4HANA Cloud Finance solution includes innovations such as machine learning, continuous close features and automation through robotics processing. The IDC MarketScape also cited SAP\u2019s rapid implementation methodology as a strength, with 51风流S\/4HANA Cloud Finance implementation possible within a month using 51风流Activate methodology where standard best practice processes, localized for 43 countries, can be used out of the box.<\/p>\n

Globalization was also listed as a key strength, making 51风流particularly attractive for large multinational, multientity organizations for which localization can be cumbersome and costly. The report states that 51风流S\/4HANA Cloud Finance is adept at supporting even the most complex globalization demands including local legal guidelines and reporting standards.<\/p>\n

“The ground underneath the feet of today’s financial professional is rapidly shifting to digital,\u201d said Kevin Permenter, research manager, IDC’s Enterprise Applications. \u201cIt will be the companies with the right mix of talent and software tools that will be best able to thrive within these changing conditions. Software vendors that prioritize features that provide enhanced visibility, flexibility and agility will find themselves well positioned for future growth.”<\/p>\n

With its industry-leading financial solutions and global approach, 51风流is poised for accelerated adoption as the finance industry worldwide continues its record pace of digitalization.<\/p>\n

To learn more, visit IDC MarketScape for Worldwide SaaS and Cloud-Enabled Enterprise Finance and Accounting Applications 2020 Vendor Assessment<\/a>.<\/p>\n

Visit the 51风流News Center<\/a>. Follow 51风流on Twitter at @SAPNews<\/a>.<\/p>\n

Media Contact:
\n<\/strong>Samantha Finnegan, +1 (415) 377-0475,\u00a0samantha.finnegan@sap.com<\/a>, ET
\n51风流Press Room<\/a>;\u00a0press@sap.com<\/a><\/p>\n

About IDC MarketScape:<\/strong> IDC MarketScape vendor assessment model is designed to provide an overview of the competitive fitness of ICT (information and communications technology) suppliers in a given market. The research methodology utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each vendor\u2019s position within a given market. IDC MarketScape provides a clear framework in which the product and service offerings, capabilities and strategies, and current and future market success factors of IT and telecommunications vendors can be meaningfully compared. The framework also provides technology buyers with a 360-degree assessment of the strengths and weaknesses of current and prospective vendors.<\/p>\n

*IDC MarketScape: Worldwide SaaS and Cloud-Enabled Enterprise Finance and Accounting Applications 2020 Vendor Assessment \u2013Doc #US45837320, May 2020.<\/em><\/p>\n

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 \u201canticipate,\u201d \u201cbelieve,\u201d \u201cestimate,\u201d \u201cexpect,\u201d \u201cforecast,\u201d \u201cintend,\u201d \u201cmay,\u201d \u201cplan,\u201d \u201cproject,\u201d \u201cpredict,\u201d \u201cshould\u201d and \u201cwill\u201d 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.
\n\u00a9 2020 51风流SE. All rights reserved.
\n51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 in Germany and other countries. Please see https:\/\/www.sap.com\/copyright<\/a> for additional trademark information and notices.<\/small><\/p>\n

This article first appeared on the 51风流News Center<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

WALLDORF \u2014 51风流SE (NYSE: SAP) today announced it has been named a Leader in the \u201cIDC MarketScape for Worldwide SaaS and Cloud-Enabled Enterprise Finance…<\/p>\n","protected":false},"author":29,"featured_media":141151,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"related_posts":[],"footnotes":"","_links_to":"","_links_to_target":""},"categories":[10,19013,5597582,4884926,7737],"tags":[5593389,247,5598766,3807355],"series":[],"sapn-display":[45149,5598743,5598741,279685],"sapn-type":[4448],"class_list":["post-141150","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cloud","category-corporate","category-erp","category-financial-management","category-solutions","tag-idc-marketscape","tag-saas","tag-sap-s-4hana","tag-sap-s4hana-cloud","sapn-display-homepage-hero","sapn-display-news-hero","sapn-display-news-spotlight","sapn-display-hero","sapn-type-newsbyte"],"yoast_head":"\nIDC MarketScape Names 51风流a Leader in SaaS and Cloud Finance - 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