WALLDORF, Germany, June 2, 2021 /PRNewswire/ -- At its global
SAPPHIRE NOW® conference, SAP SE (NYSE: SAP)
unveiled SAP® Business Network, the first step in its
bold vision to create new business communities able to improve
business outcomes, better navigate changing economic and
geopolitical conditions and enhance sustainability
contributions.
The company also announced a number of new innovations to help
customers transform business processes, drive improved performance
and run their best. Highlights of these planned innovations
include:
Business Process Intelligence Solutions Now Offer SAP Process
Insights
As part of the business process
intelligence (BPI) portfolio, the SAP Process Insights
solution enables organizations to analyze and improve their
real-world business processes. EY, Deloitte and Infosys Limited are
the initial strategic partners working with the BPI portfolio to
help organizations transform. To learn more, read "SAP Announces
New SAP Process Insights Solution for Quick and Easy Understanding
of How Well Processes Perform."
Verify, a New SAP Concur® Feature, Uses Artificial
Intelligence and Machine Learning to Simplify Expense
Auditing
The Verify service, a new feature of SAP Concur®
solutions, uses AI and machine learning to automatically identify
potential expense report issues and anomalies. The AI models are
built from analysis of more than US$1
trillion in spend and tens of millions of expenses and
receipts. Verify can approve expense reports that have no issues
while flagging anomalies for auditors to review. This AI-powered
experience means auditors don't waste time reviewing compliant
expense reports, but can detect issues of compliance or fraud. To
learn more, read "Verify Applies Artificial Intelligence and
Machine Learning to Simplify Expense Auditing."
SAP Upscale Commerce Is a No-Code Solution Enabling
Direct-to-Consumer Engagement
The SAP Upscale Commerce solution is an online commerce,
no-code solution that lets midmarket retailers create an
omnichannel shopping experiences in minutes. With built-in AI,
retailers can provide personalized offerings based on a 360-degree
view of their customer from social sentiment and purchase data.
With a headless API architecture, retailers can provide customers
real-time information about their purchase and delivery through any
channel. SAP Upscale Commerce is integrated with SAP
S/4HANA® to help ensure customer-facing experiences
work with back-end finance, logistics and fulfilment systems to
deliver a smooth customer experience. To learn more, read "SAP
Upscale Commerce Offers Midmarket Brands No-Code, Maintenance-Free
Path to Direct-to-Consumer Engagement."
A Trio of New SAP Business Technology Platform Capabilities
Surface Insights from Data
The SAP Analytics Cloud solution now offers operational
workforce analytics and planning capabilities and integration with
SAP SuccessFactors® solutions. These capabilities link
operational, financial and people data to give organizations more
comprehensive insights into their workforce. To learn more, read
"Enabling Human-Centric & Data-Driven Workforce
Planning." The new data marketplace for the SAP Data Warehouse
Cloud solution lets customers and partners connect to data
providers across industries and lines of business to gain insights
for better decision-making. SAP is also expanding its
low-code/no-code offering: SAP Intelligent Robotic Process
Automation services can now capture and automate user
interactions and integrate with SAP Process Insights to identify
high-impact automation opportunities.
You can learn more about updates to SAP Business Technology
Platform and get other news in the SAPPHIRE NOW Innovation News
Guide.
Many of the solutions mentioned in this announcement are
available to try and buy on the SAP Store online
marketplace. Visit the SAP News Center. Follow SAP on Twitter
at @SAPNews.
About SAP
SAP's strategy is to help every business run
as an intelligent enterprise. As a market leader in enterprise
application software, we help companies of all sizes and in all
industries run at their best: 77% of the world's transaction
revenue touches an SAP® system. Our machine learning, Internet of
Things (IoT), and advanced analytics technologies help turn
customers' businesses into intelligent enterprises. SAP helps give
people and organizations deep business insight and fosters
collaboration that helps them stay ahead of their competition. We
simplify technology for companies so they can consume our software
the way they want – without disruption. Our end-to-end suite of
applications and services enables business and public customers
across 25 industries globally to operate profitably, adapt
continuously, and make a difference. With a global network of
customers, partners, employees, and thought leaders, SAP helps the
world run better and improve people's lives. For more information,
visit www.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 "anticipate," "believe," "estimate," "expect," "forecast,"
"intend," "may," "plan," "project," "predict," "should" and "will"
and similar expressions as they relate to SAP are intended to
identify such forward-looking statements. SAP 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.
© 2021 SAP SE. All rights reserved.
SAP and other SAP products and services mentioned herein as well as
their respective logos are trademarks or registered trademarks of
SAP SE in Germany and other
countries. Please see https://www.sap.com/copyright for
additional trademark information and notices.
For customers interested in learning more about SAP
products:
Global Customer Center: +49 180 534-34-24
United States Only: 1 (800) 872-1SAP (1-800-872-1727)
Please consider our privacy policy. If you received this press
release in your e-mail and you wish to unsubscribe to our mailing
list, please contact press@sap.com and write Unsubscribe in
the subject line.
View original content to download
multimedia:http://www.prnewswire.com/news-releases/empowering-customers-with-new-innovations-announced-at-sapphire-now-301304108.html
SOURCE SAP SE