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Last $67.42 USD
Change Today -0.04 / -0.06%
Volume 381.6K
As of 12:02 PM 08/31/15 All times are local (Market data is delayed by at least 15 minutes).

sap se-sponsored adr (SAP) Key Developments

Descartes and SAP to Develop Supply Chain Logistics Network for Connectivity and Collaboration

Descartes and SAP will create a logistics message exchange between Descartes' cloud-based Global Logistics Network (GLN) and the SAP Transportation Management (SAP TM) software solution. Supply chain management software users should benefit from shipment visibility and control across the supply chain logistics network and from safer, more seamless logistics operations. This agreement expands on the relationship between the two vendors, which previously consisted of Descartes GLN integration with the SAP Event Management (SAP EM) module. Messaging to track and control shipments, inventory, assets, and people in motion, across air, ocean, and land. GLN takes into account the requirements of the different transportation modes and regional messaging standards for efficient inter-enterprise flow. Descartes' GLN supports commercial, customs, and product information messaging. Filing services for cross-border security filings and transit, export, and import declarations. Integration of Descartes GLN with SAP TM and SAP Global Trade Services (SAP GTS) will leverage transportation information and provide filing status updates, improving visibility into shipments. Similarly, pre-notification border-crossing clearance will be facilitated. From a joint research and development (R&D) investment perspective, the two SCM software vendors are working together to standardize the integration between the solutions to extend SAP's TM beyond the enterprise to carriers, logistics services providers, and governments and allow for quicker time to value for SAP customers.

SAP SE Appoints Pat Bakey as President of the Industry Cloud Organization

SAP SE recently announced the appointment of Pat Bakey as president of the Industry Cloud organization. Bakey will be responsible for the industry cloud footprint at SAP, which covers 25 industries globally, the finance and extended supply chain lines of business and the go-to-market execution of SAP Business Suite 4 SAP HANA (SAP S/4HANA). Bakey will report directly to Robert Enslin, member of the Executive Board of SAP and president of Global Customer Operations. Bakey has more than 25 years of experience in the IT industry and is a 12-year SAP veteran who has held a number of strategic and industry leadership positions across the SAP field organization. Bakey first joined SAP in North America as the president of the Customer Relationship Management line-of-business organization before assuming the role of president of SAP Public Services and later head of all strategic industries in the region. He most recently served as global general manager for Consumer Industries.

WorkForce Software Announces Global Reseller Agreement with SAP

WorkForce Software announced at SuccessConnect 2015 the signing of a global reseller agreement with SAP. Through this agreement, SAP will resell three components of WorkForce Software's cloud-based EmpCenter workforce management suite Time & Attendance, Advanced Scheduler and Absence Compliance Tracker under the name SAP Time and Attendance Management by WorkForce Software. This reseller arrangement adds a robust, cloud-based workforce management solution to SAP's portfolio, complementing the company's core human resources (HR) and global payroll solutions. With the ability to automate the most complex time, scheduling and leave administration requirements, the SAP Time and Attendance Management application streamlines compliance with wage and hour laws and leave regulations and gives employers greater visibility for strategic decision-making. WorkForce Software's EmpCenter suite integrates with SAP SuccessFactors Employee Central and SAP SuccessFactors Employee Central Payroll, allowing SAP customers to automate their most complex time, scheduling and leave-management requirements with a proven, global solution.

SuccessFactors and SAP to Empower Hr to Effectively Manage the Employees

SuccessFactors announced several new companies around the world who have recently chosen SuccessFactors and SAP to empower HR to effectively manage the employees. This announcement was made at SuccessConnect 2015, being held August 10 in Las Vegas. As the workforce becomes increasingly global, connected and dynamic, multinational companies continue to choose SAP for market-leading cloud-based solutions that help simplify workforce management. AECOM is a premier, fully integrated professional and technical services firm positioned to design, build, finance and operate infrastructure assets around the world for public- and private-sector clients. AECOM recently selected the SAP® SuccessFactors® Learning solution in an effort to consolidate numerous legacy systems into a single global platform.

Royal Swaziland Sugar Selects SAP HANA® as its Platform of Choice

SAP SE announced that the Royal Swaziland Sugar Corporation (RSSC) selected SAP HANA® as its platform of choice, pulling 23 separate systems together under one umbrella. As a major producer of sugar, comprising 66% of Swaziland's output of the crop, RSSC implemented SAP® Business Suite software and rapid-deployment solutions from SAP to address everything from its farm-to-factory supply chain, payroll, manufacturing processes and resource consumption. SAP was able to meet RSSC's requirements, delivering remarkable efficiencies and innovations. For example, the time to change resource targets such as water or fertilizer was reduced from weeks to mere hours. By unifying its IT environment into a single consolidated view, RSSC was able to enhance its reporting, analytics and prediction capabilities. This incredible impact has convinced RSSC of SAP software's value, and it eagerly awaits the next game-changing solution.

 

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SAP

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Valuation SAP Industry Range
Price/Earnings 23.5x
Price/Sales 3.8x
Price/Book 3.5x
Price/Cash Flow 24.1x
TEV/Sales 3.1x
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