NEWTOWN SQUARE, PA April 18, 2001 SAP, the U.S. subsidiary of SAP AG, a provider of collaborative e-business software solutions, today announced the availability in North America of a preconfigured mySAP Oil & Gas solution specifically designed for wholesalers and distributors of petroleum products.
The industry solution delivers the complete functionality of mySAP Oil & Gas with preconfigured industry-specific scenarios. Customers can benefit from the option to run the application from an SAP-hosted environment. The preconfigured mySAP Oil & Gas solution has been available in Europe and has five live customers, and it is now available for general release in North America.
"This mySAP Oil & Gas solution is a perfect fit for a company of our size and has made day-to-day working easier for the staff of EHO," said Jurgen Maulshagen, chief executive officer, Elf Mineralolhandel Ost Gmbh (EHO). "With a small IT staff, it was important for us to get the maximum benefit for the minimal internal effort, and the preconfigured mySAP Oil & Gas solution accomplishes that."
Because the mySAP Oil & Gas solution is preconfigured, it helps reduce implementation time and lower project costs by providing settings tailored to the special needs of the petroleum trade in five main areas: purchasing and sales, distribution, inventory management, financial accounting, and controlling. Additional capabilities include a call center for customer orders and inquiries, and Internet sales for lubricants and other products through mySAP Customer Relationship Management. Customers can either use the preconfigured solution out of the box or customize it to fit their specific needs. Customers also have the option of delivery through an application hosting model, which allows them to lower their total cost of ownership, redeploy IT resources to other initiatives and manage costs through a monthly service model.
"SAP is dedicated to providing a fast, reliable, affordable path for small and midsize oil and gas companies to keep pace in a highly competitive market," said Dennis Gooden, vice president of Oil & Gas Field Operations, SAP. "This preconfigured mySAP Oil & Gas solution provides the functionality and business practices needed to remain competitive in today's environment within a time frame and budget that small and midsize companies can afford."
