WALLDORF, Germany, Sept. 7, 2017 /PRNewswire/ -- SAP SE (NYSE: SAP) today announced that ZF Friedrichshafen AG, one of the largest automotive suppliers worldwide, has chosen a wide selection of SAP® software including SAP S/4HANA®, the SAP BW/4HANA solution and SAP SuccessFactors® solutions to help transform its global IT landscape. The implementation and integration of these solutions will help provide ZF with a single source to connect with suppliers, customers and business networks and provide ZF with the foundation for new digital business models.
ZF selected SAP software to support its ambitious growth strategy, using state-of-the-art technology to enable processes and the organization to scale. Through the implementation of new global solutions from SAP, ZF will further extend its existing IT system landscape to the world of cloud. Following its merger with automotive supplier TRW, ZF's implementation of these solutions will help drive synergies across all corporate departments, allow for the fast adoption of global business processes and drive digitalization, speed and agility.
With SAP SuccessFactors offerings including the SAP SuccessFactors Employee Central and SAP SuccessFactors Talent solutions for 137,000 employees, ZF adopts an integrated, comprehensive cloud-based human capital management (HCM) suite to put people at the heart of digital transformation, foster employee engagement and improve HR processes. Benefits include:
- New talent and recruiting solution to support efficient, user-friendly, fast and mobile processes to attract new talent across all areas
- Performance and goals, career development and succession planning solutions to engage and develop talent and enable HR leaders to provide experiences for their people that create a competitive advantage in the market while dynamically supporting the integration of two companies after the merger with TRW and future acquisitions
The implementation of the SAP S/4HANA Finance solution offers comprehensive financial management and accounting functionality on one standardized platform, enabling ZF to pursue its growth strategy while focusing on new opportunities to improve business processes. The solution can help the company better manage regulatory requirements such as International Financial Reporting Standards (IFRS) as well as help optimize financial processes to provide a single source of truth for corporate management.
In addition, ZF will implement the SAP S/4HANA Sourcing and Procurement solution, the SAP HANA® platform, the SAP Extended Warehouse Management application and governance, risk and compliance solutions such as the SAP Enterprise Threat Detection application.
"SAP allows us to protect and simplify our existing assets while building the future business platform for tomorrow's growth," said Jürgen Sturm, CIO of ZF Friedrichshafen AG. "New capabilities can be provided to the business based on latest technologies offering great business value. By combining various cloud solutions with a strategic digital core we will unleash new business potentials and will become more agile in their implementation."
"True digital transformation can only happen when solutions scale across the entire company," said Michael Kleinemeier, Member of the Executive Board of SAP SE, SAP Digital Business Services. "We are delighted that ZF has chosen SAP to offer a reliable model of long-term engagement built on trust and a spirit of innovation."
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