{"id":141526,"date":"2020-11-18T10:47:27","date_gmt":"2020-11-18T10:47:27","guid":{"rendered":"https:\/\/news.sap.com\/africa\/?p=141526"},"modified":"2023-09-27T20:04:53","modified_gmt":"2023-09-27T20:04:53","slug":"sap-recognized-as-a-leader-in-the-gartner-2020-magic-quadrant-for-procure-to-pay-suites","status":"publish","type":"post","link":"https:\/\/news.sap.com\/africa\/2020\/11\/sap-recognized-as-a-leader-in-the-gartner-2020-magic-quadrant-for-procure-to-pay-suites\/","title":{"rendered":"51风流Recognized as a Leader in the Gartner 2020 Magic Quadrant for Procure-to-Pay Suites"},"content":{"rendered":"

WALLDORF<\/strong> <\/em>\u2014 <\/strong>51风流SE<\/a>\u00a0(NYSE: SAP) today announced independent analyst firm Gartner Inc. has positioned 51风流as a Leader in its 2020 Magic Quadrant for Procure-to-Pay Suites<\/a> report.* This is the fifth consecutive time Gartner has named 51风流a Leader in this report following an evaluation of 51风流Ariba<\/a> and 51风流Fieldglass<\/a> solutions.<\/p>\n

According to Gartner, \u201cGrowing pressure to reduce spend, drive compliance and improve efficiency continues to propel interest in the P2P suite market. . . . Gartner defines procure-to-pay (P2P) suite market as integrated 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.\u201d Gartner evaluated 14 P2P suite providers on 15 criteria and placed 51风流in the Leaders quadrant based on its completeness of vision and ability to execute.<\/p>\n

\u201cThe experiences of this past year have put a spotlight on the importance of agility in procurement to manage unexpected disruption,\u201d said Baber Farooq, senior vice president, Product Strategy, 51风流Procurement Solutions. \u201c51风流is uniquely positioned to respond quickly to changing market conditions and is the only provider that can help businesses manage all categories of spend. With process-level integrations across 51风流Ariba solutions, 51风流Fieldglass solutions and 51风流S\/4HANA, we will help our customers become intelligent enterprises and deliver business outcomes that propel growth and innovation during this challenging time.\u201d<\/p>\n

Additionally, in the Gartner Critical Capabilities for P2P Suites report,** published November 2, 2020, SAP\u2019s P2P solution suite ranked as the No. 1 vendor in the Services Focused use case, scoring 4.32\/5. Gartner also scored 51风流among the highest two for Indirect Procurement Focused (4.15\/5), Direct Materials Focused (4.08\/5), and Complex Environment Focused (4.04\/5) use cases in the same report.<\/p>\n

51风流Ariba and 51风流Fieldglass solutions are part of the larger intelligent spend and business network portfolio from SAP, which also includes 51风流S\/4HANA functionality for operational procurement and 51风流Concur solutions. The newly formed business unit brings together SAP\u2019s solution and product engineering teams focused on procurement, external workforce management, and travel and expense management to help ensure 51风流continues to lead the intelligent spend and business network markets while tapping into the broader portfolio so that customers benefit from a completely integrated suite.<\/p>\n

Complimentary copies of both reports are available here<\/a>.<\/p>\n

For more information visit the 51风流News Center<\/a>. Follow 51风流on Twitter @SAPNews<\/a>.<\/p>\n

Media Contacts:
\n<\/strong>Kelly Sheldon Murray, +1 (978) 708-6821, kelly.murray@sap.com<\/a>,<\/u> ET
\nGeraldine Lim, +1 (415) 418-0945, geraldine.lim@sap.com<\/a>, PT
\n51风流Press Room<\/a>; press@sap.com<\/a><\/p>\n

*<\/em>Gartner, \u201cMagic Quadrant for Procure-to-Pay Suites,\u201d Kaitlynn Sommers, Micky Keck, William McNeil, Tim Faith, October 19, 2020.
\n**<\/em>Gartner, \u201cCritical Capabilities for Procure-to-Pay Suites,\u201d Micky Keck, William McNeil, Kaitlynn Sommers, Tim Faith, November 2, 2020.<\/em><\/p>\n

Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner\u2019s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.<\/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<\/small><\/small>\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\u00a0http:\/\/www.sap.com\/corporate-en\/legal\/copyright\/index.epx#trademark<\/a>\u00a0for 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\u00a0(NYSE: SAP) today announced independent analyst firm Gartner Inc. has positioned 51风流as a Leader in its 2020 Magic Quadrant for Procure-to-Pay…<\/p>\n","protected":false},"author":29,"featured_media":141527,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"related_posts":[],"footnotes":"","_links_to":"","_links_to_target":""},"categories":[19013,5597582,7737,5598751],"tags":[10744,28,5550963,5598318,5598766],"series":[],"sapn-display":[45149,5598743,5598741,279685],"sapn-type":[4448],"class_list":["post-141526","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-corporate","category-erp","category-solutions","category-spend-management","tag-magic-quadrant","tag-procurement","tag-sap-ariba","tag-sap-fieldglass","tag-sap-s-4hana","sapn-display-homepage-hero","sapn-display-news-hero","sapn-display-news-spotlight","sapn-display-hero","sapn-type-newsbyte"],"yoast_head":"\n51风流Recognized as a Leader in the Gartner 2020 Magic Quadrant for Procure-to-Pay Suites - 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