Aasonn Transforms Global Financial Management Operations With Rapid Implementation of Cloud Solutions from SAP


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Aasonn is First Company to Implement SAP® Cloud for Financials Solution;
Integrates With SAP® Cloud for Travel Solution

NAPERVILLE, IL — July 8, 2013 — SAP AG (NYSE: SAP) today announced that
Aasonn, a leader in cloud-based business implementation and cloud business
applications, is the first company to implement and run its global financial
and travel management operations on the SAP® Cloud for Financials solution
and integrate it with the SAP® Cloud for Travel solution. This
enterprise-wide implementation was completed in eight weeks, providing
immediate impact to Aasonn’s business.

“Aasonn is extremely proud to be the first company in the world to implement
SAP Cloud for Financials,” said Allen Peterson, CEO, Aasonn. “As an
experienced SAP implementation partner, this opportunity gave us additional
insight into SAP cloud processes from the customer perspective. In addition
to providing us with formidable financial and travel management solutions,
our ‘first implementer role’ gives us a powerful advantage in supporting
companies seeking an SAP cloud implementer that has hands-on experience and
a real-world track record of using the product.”

With consultants on five continents serving clients in more than 30
countries, Aasonn has worked with more than 1,500 customers in the U.S.,
Europe and Asia on cloud solution implementations from SAP and
SuccessFactors, an SAP company. To effectively manage its global financial
and travel operations, Aasonn required a flexible cloud-based solution that
could be seamlessly integrated into the existing processes, platforms and
mobile architectures that it relies on daily.

After implementing SAP Cloud for Financials and SAP Cloud for Travel, Aasonn
financial managers saw improvement forecasting cash flow, calculating
working capital requirements, analyzing workforce efficiency and
productivity, tracking accurate cost of services delivered, and maintaining
currency of accounts receivable and payable. The solutions met Aasonn’s
extensive system criteria and data management goals, including the ability
to provide:
• Support for multiple lines of business
• Support for multiple currency management
• Elimination of manual data loads
• Management of projects across operating entities
• Integration of global expense and travel systems
• Project and financial dashboards
• Support for global financial operations
• Integration with Saleforce.com
• Integration with global human resource systems
• Real-time financial data visibility across operating entities
• Faster turn-around of monthly, quarterly and annual reports

“SAP delivers beautiful cloud applications that help our customers manage
their businesses, engage with their customers and drive business results,”
said Jeff Lautenbach, president, Customer and Money, Cloud Division, SAP.
“We are thrilled at the success of Aasonn’s implementation of SAP Cloud for
Financials and SAP Cloud for Travel. As a business focused on helping other
companies move and manage operations in the cloud, Aasonn’s deep cloud
acumen and extensive cloud systems integration experience made for a smooth
process that will drive future success for their business.”

SAP Cloud for Financials provides enterprise-class financial departments
with real-time business insight. This helps financial managers to quickly
adapt to evolving business climates, improve financial controls, configure
and roll out end-to-end financial processes and transform complex financial
data into actionable intelligence for more strategic decision-making across
all lines of business. SAP Cloud for Travel helps companies control travel
costs, facilitate corporate compliance and increase the efficiency of
processing travel requests and reimbursements, all while helping reduce
administrative burdens so employees can give their full attention to meeting
the business goals of their trips.

“SAP has moved to being an integrative, cloud-driven business software
provider, with a broadening portfolio that includes business analytics,
information management and mobility infrastructure,” said Bruce Guptill,
senior vice president, Saugatuck Technology. “The combination of such
powerful, cloud-based business solutions, like SAP Cloud for Financials and
SAP Cloud for Travel, with the ability to rapidly implement and realize
immediate operational benefits from them, is key to building value with
current enterprise customers and attracting new customers.”
For more information, visit the SAP Newsroom.

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