WALLDORF, Germany, Aug. 7, 2024
/PRNewswire/ -- SAP SE (NYSE: SAP) today announced Xerox
Holdings Corp. (Nasdaq: XRX) has chosen multiple SAP solutions to
transform its enterprise architecture as part of its multi-year
Reinvention. Xerox's Reinvention involves aligning its resources to
improve and stabilize its core print businesses, increase
productivity and efficiency, and focus on its emerging digital
services and IT services capabilities to improve business outcomes
for its clients.
Moving to the Cloud to Achieve a Clean Core
In choosing the RISE with SAP solution to move to the cloud,
Xerox is embarking on the clean core approach to streamline
operations across markets and business processes. By selecting SAP
S/4HANA Cloud, Xerox expects to reduce IT costs, standardize global
processes in connection with the creation of a global business
services organization and significantly simplify its application
landscape, enabling the delivery of new business models in line
with the changing demands of the industry.
"By shifting to the cloud with SAP solutions, Xerox is
streamlining operations, becoming easier to do business with and
within, and positioning itself to be a services-led,
software-enabled organization," said Louie
Pastor, executive vice president, chief transformation and
administrative officer at Xerox. "SAP is a strategic partner
helping us meet the evolving needs of our clients and partners as
we increase our speed, agility and cost-effectiveness while
providing the entire enterprise with modern tools and improved
support. As we continue our Reinvention, this partnership
underscores Xerox's dedication to enabling client and partner
success across the hybrid workplace."
Single Platform of Truth
Some of the other cloud solutions chosen by Xerox include SAP
Business AI, the SAP Customer Experience portfolio, SAP Business
Technology Platform (SAP BTP) and supply management solutions from
SAP. Bringing several innovative cloud solutions together on SAP
BTP provides Xerox with an integrated platform across functions
such as finance, supply chain and sales. This will allow the
company to have real-time insights with live drill-downs to
operational transactions, creating greater agility and flexibility
to add new offerings, while increasing automation, simplification
and cost reduction throughout its operations. SAP Business AI will
initially be deployed for business integrity screening, and
additional use cases will be explored in the coming months to
deliver further benefits for the business.
Xerox will also tap into digital supply chain solutions from SAP
to optimize its supply chain and mitigate risks by improving
inventory visibility across the nearly 145 countries in which it
operates, extending analytics across the business for better
data-driven decision-making.
"We are proud that Xerox has decided to leverage the power of
SAP's solutions to drive its reinvention," said Dominik Asam, chief financial officer and a
member of the Executive Board of SAP SE. "Through its selection of
RISE with SAP, Xerox will implement new business models to enhance
client experiences and begin integrating SAP Business AI to drive
its business forward. This will enable the company to build on its
strong history and introduce a new era of workplace innovation for
its clients."
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