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Ketera on Demand Spend Management Solutions Achieve Powered by SAP NetWeaver(R) Certification Out-of-the-Box Integration with the Ketera Solution Suite Helps SAP Customers Leverage Existing Investments and Increase Spend Under Management
SANTA CLARA, CA -- With global interest in enterprise-class on demand offerings increasing, SAP customers now have a compelling low-risk option to fully leverage their approved supplier network and improve control of spending. Ketera, the leading provider of On Demand Spend Management solutions, today announced that its solution suite has achieved the "Powered by SAP NetWeaver®" certification. This certification enables companies with the SAP NetWeaver platform to rapidly onboard suppliers and drive accurate, complete catalog content to the end-user desktop.
This certification means that both new and existing SAP customers can utilize the same Ketera Supplier Content Management (KSCM) solution already deployed at dozens of Fortune 1000 companies. By addressing the heterogeneous IT environment that characterizes many customer-supplier business processes, the KSCM solution provides buyers a technology on-ramp to help their suppliers overcome large obstacles to full participation in their procurement initiatives and helps reduce the cost of administering supplier catalog content. In addition, by streamlining buyer access to approved supplier catalogs, companies can accelerate user adoption and improve compliance to corporate policy, regulatory mandates and contractual agreements.
This certification also validates the compatibility of Ketera's best-of-breed on demand spend management solutions with SAP's NetWeaver platform. In addition to KSCM, this includes Ketera's targeted solutions for spend analysis, sourcing, contract management, procurement, supplier performance management and invoice management. Using a packaged integration to SAP, these proven spend management solutions can be rapidly deployed to offer immediate savings combined with the low total cost of ownership advantages of Ketera's on demand offering. This helps SAP customers extend and protect their existing investment in SAP business applications while leveraging the power and availability of the Internet to lower IT costs.
"SAP ERP customers have had much success with best of breed solutions. Through NetWeaver integration, customers can avoid many of the integration challenges that are present in heterogeneous deployments," said Vance Checketts, vice president, global supply management, Aberdeen Group. "By completing the SAP NetWeaver certification process Ketera has made the process even simpler for its customers."
"We're pleased with our long-term SAP relationship. This prestigious certification validates Ketera's commitment to support the NetWeaver platform, and gives SAP customers an innovative way to increase their spend under management via Ketera's on demand solutions," said Burton M. Goldfield, chief executive officer, Ketera. "By utilizing Ketera's spend management solutions, companies will benefit from a trusted offering that allows them to gain spend visibility and drive increased transaction volume within their network of approved suppliers. The combination of Ketera and SAP enables our joint customers to drive ultimate IT flexibility and business value."
About Ketera
Ketera is the fastest-growing provider of On Demand Spend Management solutions, providing companies with the applications and services needed to control and reduce corporate spending. Ketera's closed-loop spend management solutions include applications for spend analysis, sourcing, contract management, procurement, supplier enablement & content management, supplier performance management and invoice management.
Since its inception, Ketera has supported enterprise customers of all sizes, industries and geographies, including numerous Fortune 500 companies. To date, Ketera surpassed $5 trillion in spend analyzed and more than $1 billion in transactions between buyers and suppliers. Many of the world's leading enterprise companies, including ServiceMaster, American Express, Kennametal, Con-way and Northrop Grumman Corporation depend on Ketera Spend Management to deliver real, hard-dollar savings quickly.
For more information about Ketera and the Ketera Spend Management suite of services, please visit: http://www.ketera.com.
About SAP NetWeaver®
The SAP NetWeaver® platform is the open integration and application platform that enables change. SAP NetWeaver helps companies align IT with their business. It allows companies to obtain more business value from existing IT investments and to deploy a services-oriented architecture. SAP NetWeaver reduces total cost of ownership (TCO) and complexity across the entire IT landscape.
SAP NetWeaver powers mySAP(TM) Business Suite, SAP® xApps(TM) packaged composite applications and partner solutions. It provides the best way to integrate all systems running SAP or non-SAP software. SAP NetWeaver unifies integration technologies into a single platform and is preintegrated with business applications, reducing the need for custom integration.
"SAP NetWeaver" and "Powered by SAP NetWeaver" are the trademarks or registered trademarks of SAP AG in Germany and in several other countries.
Contact:
Voce Communications, Inc. Amy Wall, 650-228-5182 awall@vocecomm.com
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