Burger King Corporation Selects SAP to Enable Information Technology Strategy; mySAP.com to Serve as Technology Platform for Burger King Corporation's Business Operations.Business Editors/High-Tech Writers Retail Systems 2002 Conference & Exhibition SAP AG (company) SAP AG - (Systeme, Anwendungen, Produkte in der Datenverarbeitung - German for "Systems, Applications and Products in Data Processing") A company from Germany that sells the leading suite of client-server business software. The US branch is called SAP America. (NYSE NYSE See: New York Stock Exchange :SAP) today announced that Burger King Corporation has selected the mySAP.com(R) suite of e-business solutions as the information technology platform to enable its information technology strategy and increase the effectiveness of its business operations Business operations are those activities involved in the running of a business for the purpose of producing value for the stakeholders. Compare business processes. The outcome of business operations is the harvesting of value from assets . Burger King Corporation will deploy mySAP.com as the integrated platform for a variety of solutions including enterprise management, financials, real estate management, treasury management, and enhanced human resources The fancy word for "people." The human resources department within an organization, years ago known as the "personnel department," manages the administrative aspects of the employees. functionality. An SAP customer since 1995, Burger King Corporation will begin its deployment of mySAP.com later this month. SAP is the world's leading provider of e-business software solutions. The announcement was made at the Retail Systems 2002(R) Conference & Exposition in Chicago, Ill., June 24-27. "This decision sets the foundation for our strategy to invest in world-class systems enabling Burger King to take advantage of new technologies to support operational excellence and growth," said Bennett Nussbaum, executive vice president and chief financial officer, Burger King Corporation. "The solution from SAP will provide us an integrated platform that will enable us to link our critical business functions and better manage our business," said Rafael A. Sanchez, chief information officer, Burger King Corporation. mySAP Financials provides Burger King Corporation with a powerful tool for processing and interpreting financial data more effectively, streamlining the financial supply chain, and improving short-term and long-term business performance through closed-loop management processes. Burger King Corporation will utilize strategic enterprise management capabilities for integrated strategic planning Strategic planning is an organization's process of defining its strategy, or direction, and making decisions on allocating its resources to pursue this strategy, including its capital and people. , performance monitoring, business consolidation, and effective stakeholder stakeholder n. a person having in his/her possession (holding) money or property in which he/she has no interest, right or title, awaiting the outcome of a dispute between two or more claimants to the money or property. communication. The treasury management function will allow Burger King Corporation to manage liquidity, assess currency and interest-rate exposure, and manage financial transactions and portfolios. Burger King will upgrade its existing human resources solution from SAP with mySAP(TM) Human Resources (mySAP HR), which provides human resources professionals, executives, and line managers with a comprehensive set of solutions to enable better decision making, guarantee alignment of human assets with Burger King Corporation's strategic goals, and optimize optimize - optimisation the company's investment in all employees. In addition, mySAP HR empowers employees to actively participate in managing their own life events through the expanded employee self-service capability. Role-based content delivery within the solution supplies valuable information and tools to ensure a higher degree of job effectiveness and satisfaction. "Burger King Corporation is one of the most well-known and respected brands in the world, and SAP is pleased to provide a solution to meet the unique requirements of its industry and global operations Global Operations is a first-person shooter computer game developed by Barking Dog Studios and published by both Crave Entertainment and Electronic Arts. It was released in March of 2002, following its public multiplayer beta version which contained only the Quebec map. ," said Leo Apotheker Léo Apotheker is a member of the Executive Board of SAP AG. Léo Apotheker has been a member of the SAP AG Executive Board and President of Global Customer Solutions & Operations since 2002. , president, Global Field Operations, SAP AG. "As a longstanding SAP customer, Burger King Corporation is maximizing the return on its investment and taking its IT strategy to the next level by adding the comprehensive functionality of the mySAP.com suite of e-business solutions." About SAP SAP is the world's leading provider of e-business software solutions. Through the mySAP.com(R) e-business platform, people in businesses around the globe are improving relationships with customers and partners, streamlining operations, and achieving significant efficiencies throughout their supply chains. Today, more than 18,000 companies in over 120 countries run more than 50,000 installations of SAP(R) software. With subsidiaries in over 50 countries, the company is listed on several exchanges including the Frankfurt stock exchange Frankfurt Stock Exchange The largest of Germany's eight securities exchanges, operated by Deutsche Borse AS. and NYSE under the symbol "SAP." (Additional information at http://www.sap.com) Any statements contained in this document that are not historical facts are forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. as defined in the U.S. Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Words such as "believe," "estimate," "intend," "may," "will," "expect," and "project" and similar expressions as they relate to SAP are intended to identify such forward-looking statements. SAP undertakes no obligation to publicly update or revise any forward-looking statements. All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations. The factors that could affect SAP's future financial results are discussed more fully in SAP's filings with the U.S. Securities and Exchange Commission (the "SEC"), including the SAP Annual Report on Form 20-F for 2001 filed with the SEC on March 28, 2002. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. Note to Editors: SAP, the SAP logo, mySAP.com, mySAP, and all other SAP products This presents a list of products of the enterprise software company SAP AG. Enterprise Applications
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