SAP Africa today announced the successful implementation of the SAP Contract Lifecycle Management (CLM) solution on the African continent, for transport company Transnet.
South African freight transport company Transnet is benefiting from a mixture of SAP ERP solutions, on-premises implementation, cloud computing and a SaaS (Software as a Service) component.
“This is a groundbreaking project for us because it combines the integration of local instances of SAP ERP software with the SaaS component delivered out of the US”, explained Simon Carpenter, SAP Africa’s Director of Strategic Initiatives.
The SAP CLM solution allows Transnet to manage its in- and outbound contracts more efficiently and effectively, from strategy and creation to execution and monitoring. All the organisation’s six division now manage their contracts centrally, resulting in cost savings and more efficiency.
“While the new system is expected to result in a 30% reduction in administration costs, the standardization of the processes will deliver additional savings”, added Christine Britz, SAP Project Manager responsible for the implementation.
Estimates indicate a 50% improvement in Transnet’s turn-around times and a 7% reduction in materials management, following the SAP CLM implementation.
SAP is one of the world’s providers of business software, offering applications and services for companies of all sizes, in more than 25 industries. The company has more than 89.000 customers in over 120 countries.
SAP’s core products and services include enterprise resource planning, business intelligence and other related applications.
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