NEWTOWN SQUARE, Pa., May 1, 2017 /PRNewswire/ -- SAP SE (NYSE: SAP) today announced that REV Group (NYSE: REVG) has selected SAP S/4HANA® to integrate the disparate legacy systems it inherited from acquisitions and pave the way for more rapid growth across the organization. The real-time intelligence of SAP S/4HANA will help REV Group, maker of recreational and emergency vehicles, manage all aspects of the company's operations, from material sourcing to customer service.
Recognizing the need for a central repository of information across its 29 brands of recreational vehicles, industrial and commercial vehicles, fire trucks, ambulances and buses, REV Group will employ SAP S/4HANA to import transactional-level data from both SAP® and non-SAP software in real time for complete financial visibility.
"We're experiencing rapid growth at REV Group, often assessing multiple acquisitions at any given time," REV Group CEO Tim Sullivan said. "With SAP, we are bringing process excellence to our organization that enables us to not only efficiently merge those acquisitions into our organization but to drive efficiencies, view our business in real time and accelerate growth across the enterprise."
DJ Paoni, managing director, Midwest, SAP North America, said: "As organizations expand, stabilizing current operations and recognizing synergies and redundancies across systems as quickly as possible is key to preparing a company for continued growth and success. With SAP S/4HANA, we provide a simplified, transformative solution, which empowers companies like REV Group to accelerate its expansion by mitigating current complexities in its IT environment and enabling a truly live business."
Standardization to Enable Rapid Growth
REV Group wanted to get rid of its disparate and highly-customized systems. With SAP S/4HANA, REV Group is able to redefine and standardize its core business across the organization with incredible speed. This speed, coupled with the company's ability to improve forecast accuracy through SAP S/4HANA means that REV Group can realize a shorter return on investment in its acquisitions.
Unified System to Drive Measurable Results
REV Group is adopting a full deployment of SAP S/4HANA – including the SAP S/4HANA Finance solution, the SAP S/4HANA Automotive solution, the SAP Fiori® user experience, the SAP Enable Now solution, SAP Data Services software and SAP Solution Manager – across all its core business functions. With SAP S/4HANA as the digital core of REV Group's operations, data from across the company's diverse set of brands can be consolidated onto a single platform. This will enable REV Group to gain full visibility, connect all the company's processes and benefit from insights that help leaders make informed business decisions.
As market leader in enterprise application software, SAP (NYSE: SAP) helps companies of all sizes and industries run better. From back office to boardroom, warehouse to storefront, desktop to mobile device – SAP empowers people and organizations to work together more efficiently and use business insight more effectively to stay ahead of the competition. SAP applications and services enable more than 350,000 business and public sector customers to operate profitably, adapt continuously, and grow sustainably. For more information, visit www.sap.com.
Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as "anticipate," "believe," "estimate," "expect," "forecast," "intend," "may," "plan," "project," "predict," "should" and "will" 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 ("SEC"), including SAP's most recent Annual Report on Form 20-F filed with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates.
© 2017 SAP SE. All rights reserved.
SAP and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP SE in Germany and other countries. Please see http://www.sap.com/corporate-en/legal/copyright/index.epx#trademark for additional trademark information and notices.
For customers interested in learning more about SAP products:
Global Customer Center: +49 180 534-34-24
United States Only: 1 (800) 872-1SAP (1-800-872-1727)
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/rev-group-chooses-sap-s4hana-to-accelerate-growth-300448406.html
SOURCE SAP SE