SAP AG and Dun & Bradstreet Announce Strategic Alliance
SAP AG, a provider of enterprise application solutions, and Dun & Bradstreet have announced a strategic alliance to embed online business content within integrated enterprise applications. The joint offering, D&B for SAP R/3, seamlessly integrates the SAP R/3 solution and D&B business information for enhanced decision support. A large share of customers of R/3 already subscribe to D&B information services for credit, purchasing, and marketing information as well as data rationalization to reconcile inconsistent data from internal systems. Using D&B for SAP Solutions, customers are able to populate their R/3 customer and supplier information with risk and hierarchical data from D&B to significantly enhance riskmanagement decisions.
From a strategic supplier standpoint, customers can use D&B information within R/3 to help streamline and consolidate their supplier bases, leverage purchasing power across the organization, and assist in reducing purchasing costs. SAP customers are able to identify bad debts at an early stage, which can help improve their cash flow and minimize days sales outstanding (DSO). D&B for SAP Solutions is currently available in the U.S., Germany, the U.K., and France, and will be rolled out worldwide later this year. Early customers are already achieving increased efficiency and productivity, says D&B.
Martin Kraemer, financial accounting director of DyStar, a joint venture between Hoechst and Bayer in Frankfurt, Germany, said, "Integrating D&B information into SAP R/3 via D&B for SAP Solutions allows us to enhance our own customer information with valuable business intelligence that results in better, faster, more cost-efficient risk-management decisions and a more streamlined customer management process."
"D&B has helped Monsanto create master records with high-quality data that flow through our SAP R/3 solution," said Steve Schaefer, enterprise reference data manager at Monsanto Co., a global life sciences company. "It is critical that we have accurate and comprehensive data within our SAP integrated applications. The SAP solution in conjunction with the D&B D-U-N-S Number has been instrumental in the improvement of our supply-and-demand chain because it facilitates an understanding of business relationships with our customers and vendors. In the end, better business decisions are made."
D&B for SAP Solutions consists of two components: a customer (accounts receivable) solution and a supplier (accounts payable) solution that seamlessly integrate R/3 master data and the D&B database at the application level. …