FiREapps Extract 3.0 Is Certified as Powered by SAP NetWeaver®

SCOTTSDALE, Ariz., Oct. 29, 2014 /PRNewswire/ -- FiREapps today announced that FiREapps Extract 3.0, its exposure extract tool, has achieved SAP certification as powered by the SAP NetWeaver® technology platform. By integrating and certifying FiREapps Extract 3.0 with SAP NetWeaver, FiREapps has increased the ease and speed of deployment of its FiREapps cloud-based corporate foreign exchange (FX) analytics solution.

The SAP® Integration and Certification Center (SAP ICC) has certified that FiREapps Extract 3.0 is powered by SAP NetWeaver.

Solutions powered by SAP NetWeaver can be more quickly and easily integrated into SAP solution environments. Customers can benefit from improved interoperability with SAP applications and with the large ecosystem of solutions running on SAP NetWeaver. Choosing an SAP-certified solution can also help reduce overall IT investment costs and risks.

"We are delighted to announce this successful achievement, certification of FiREapps Extracts 3.0 as powered by SAP NetWeaver," said Wolfgang Koester, CEO of FiREapps. "Our mission from day one has been to provide best-in-class FX analytics for treasury and finance teams while minimizing the impact on corporate IT staff. We continuously invest effort to make it very easy for our clients to extract data from SAP software. Based on the broad adoption of FiREapps by SAP customers, it was a natural next step for us to pour the same level of effort into the SAP NetWeaver certification process. This achievement represents a further testament to our dedication to our mission and our customers."

FiREapps provides a suite of cloud-based big data analytics that enable corporate treasury and finance organizations to better understand and manage foreign exchange exposures based on accurate, complete and timely data. FiREapps uses data from SAP software and forecasting processes to provide in-depth insight into what currencies a company is doing business in, and what exposure and risk are created by those currencies. In addition, FiREapps provides decision-support analytics that identify the most cost-effective way to manage those exposures and risks. The SAP NetWeaver certification enables FiREapps clients to rapidly deploy the FiREapps Extract tools, typically in a few hours, reducing the impact on IT resources.

About FiREapps
FiREapps is the leader in big data analytics for corporate foreign exchange. For more than a decade, the company has helped global leaders eliminate FX surprises, reduce transaction costs and increase operational efficiencies. Multinational corporates of all sizes and industries rely on FiREapps technology to identify, analyze and manage FX risk to within the industry benchmark of $.01 EPS. FiREapps is headquartered in Scottsdale, AZ, with offices in New York, Portland and San Francisco.

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For more information, press only:
FiREapps Press Contact:
Jon Goldberg
Vice President
 KCSA Strategic Communications
[email protected] 
Direct: 212.896.1282

SOURCE FiREapps

Related Links

http://www.fireapps.com