Synactive, Inc. and Business Application Associates Ltd (BizAps) Form Partnership to Provide Procurement Card Solution to Customers Running SAP
Foster City, CA, July 18, 2008: Synactive, Inc., a leading developer of optimization and productivity solutions for SAP (NYSE:SAP), today announced strategic partnership with Business Applications Associates (BizAps). BizAps delivers a comprehensive end-to-end solution optimizing and automating procure to pay process. Synactive is the developer of GuiXT, a solution suite used by companies to simplify and customize their SAP user-interface. Both companies are software partners with SAP with certified solutions.
The combined solutions simplify the process for businesses to produce a highly integrated and automated process to manage the reconciliation and settlement process within SAP ERP. The solution integrates directly to a number of banks or card providers to automate the receiving of statements and once the integration is in place, the buying organization can receive statements when required. The solution integrates with Accounts Payable (AP) and offers a range of reports to enable purchasing to effectively monitor spending through procurement cards.
The integrated GuiXT & BizAps Procurement Card solution has already been put to use by Powell Electronics. “We wanted a Procurement Card solution that was integrated with SAP, and we had some Accounts Payable timing issues as well. BizAps offered an excellent solution for both, with a compelling value proposition especially for small and mid-sized companies. We have used GuiXT for years and our users love it. The combination of BizAps and GuiXT gives us a great solution with a user interface that looks as if it has been tailored specifically for Powell. Our users are delighted. Our CEO and CFO love the money we save with the Procurement Card solution," says Bob Oldrati, IT Director/Controller of Powell Electronics.
"This partnership will provide our customers with a simplified access and easier use to the wide range of SAP solutions. The BizAps AP Solutions compliments and extends SAP’s financial systems," said Conor Mullaney, Managing Director of BizAps.
c"We understand the customer needs and provide a platform for companies to change the SAP user-interface to fit their business needs. The partnership with BizAps allows us to work together in providing an interface that works seamlessly for the clients and allows them to use the procurement card solution that integrates with AP," said Thomas Ewe, CEO of Synactive, Inc.
For more information about Synactive’s Partner Program, contact Cynthia Goco-Nakar at (650) 341.3310 or send an email at firstname.lastname@example.org. For more information about BizAps, contact Beth Wyrick VP Marketing & Alliances at 410-772-8902, or email at email@example.com
About Synactive, Inc.
Synactive, Inc.Synactive, Inc. has been setting the standard in end-to-end solutions for simplifying and customizing SAP solutions. As a member of the SAP Complementary Software Program, GuiXT software comes bundled with all SAPGUI installations - 4.6b to 7.0. Synactive develops its components in close cooperation with SAP and is included within the greater SAP’s vision of SAP ERP, SAP CRM, SAP PLM, Portals and IS solutions.
Synactive, Inc. is a privately held software company headquartered in Foster City, CA, with a presence in EMEA through Synactive GmbH. Synactive has established industry specific alliances with leading corporations in the Automotive, Discrete Manufacturing, Consumer Products, Utilities, Retail, Aerospace & Defense, High Tech, Oil & Gas, and Pharmaceutical industries across the world. Additional information about Synactive is available at www.guixt.com.
About Business Applications Associates
Business Application Associates (BizAps) was formed in 2001 by three highly experienced SAP business consultants who held the vision to provide business consulting and SAP expertise at a level that not only met but surpassed the expectations of their clients.
Business Application Associates (BizAps) is a leader in delivering innovative SAP solutions that optimize finance functions and processes including purchase to pay, order to cash and financial supply chain functions. Our specialist SAP Finance focus allows us to offer complete solutions based on world class products and services with a proven track record in delivery. Additional information about BizAps is available at www.bizaps.net.