From ERP to Collaborative Business

Even in today’s New Economy, traditional rules for doing business still hold true. Business still runs on the old rules of profitability, but the Internet has changed the way business works, and how all businesses run. To be successful, businesses in this Internet century must create value that both meets the needs and surpasses the expectations of their customers and investors. SAP has been creating value since 1972 – profitability, return on investment, productivity, time-to-market, and customer satisfaction.

The Internet revolution changed the way enterprises work, linking manufacturers, suppliers, distributors, customers, partners, and employees across entire sectors. Doing business on the Internet helps companies do what they do best more efficiently and cost-effectively. More importantly, by establishing collaborative business networks (virtual communities), the business can generate new business opportunities. Creating value by collaboration, empowerment, and integration in the Internet economy depends on the ability of businesses to work together with its customers, suppliers, and the like across traditional enterprise boundaries in virtual global networks.

This means, of course, that companies have to put flexible business processes in place that allow them to collaborate and optimize internal operations. ERP functionality and SAP expertise will continue to play an important role in helping and supporting companies reduce internal costs, cut production cycle times, optimize inventory management, and make distribution more efficient–in short, providing the backbone that supports collaborative business processes in e-communities.

Behind the powerful enterprise portal stands SAP’s superior e-business front-end and back-office solutions. Our enterprise portal empowers people, regardless of position or responsibility at an organizational level, providing a platform to create and deliver real information in real time, in any way they require. The key to successful e-community collaboration is a comprehensive and operative enterprise portal, as envisioned by SAP Enterprise Portals, integrating all business processes and intelligence. This integration transforms the way that companies do business.