July 12th, 2011 by Alex Coté
We are excited to announce that Cortera’s Risk Data and Reporting Solution is now an SAP-endorsed business solution. Solutions endorsed by SAP AG (NYSE: SAP) are complementary to SAP® software offerings, are developed in accordance with SAP development guidelines, and provide additional choices and flexibility for businesses running SAP applications.
The Cortera Risk Data and Reporting Solution is designed to assist companies of all sizes and industries in gaining new insights into a business. As part of this integration with SAP BusinessObjects Spend Performance Management customers will have access to Cortera’s wide array of information on businesses. The integration allows customers to leverage their investments in solutions from both SAP and Cortera® for a clearer view of their suppliers and customers. Cortera Risk Data and Reporting leverage both traditional and new types of data and are centered on an innovative approach to technology that ensures better and fresher data is available for businesses to assess their suppliers in real time. The combination of robust data and powerful analytics allows businesses to be smarter about their supplier risk and then take the appropriate action.
As part of the agreement between Cortera and SAP, both companies will share technology and product roadmaps.
Read the official announcement here.