HOFFMAN ESTATES, Ill., April 29, 2011 /PRNewswire/ -- Vistex will have a significant presence at the SAP® Global SAPPHIRE NOW conference in Orlando, Florida May 15-18, 2011, showcasing the newest version of its enterprise contract, incentive and master data management software in Exhibit Booth #1919. These applications offer cross-solution and cross-industry functionality that complements SAP solution capabilities, and are branded by SAP as Solution Extensions. SAP tests, validates, approves, and supports Solution Extensions – assuring you of SAP quality, commitment and investment protection.

Release D of the SAP Incentives Administration by Vistex™, SAP Paybacks & Chargebacks by Vistex™ and SAP Data Maintenance for ERP by Vistex™ software continues the company's fast pace of innovation. The newest release delivers enhanced usability features, including the ability to highly customize both the GUI and Web user interface, and a portal-like "launchpad" to facilitate accessing SAP transactions, web transactions and external links as well as dashboards and analytics. Release D also supports channel inventory tracking and advanced price protection scenarios, critical to wholesale distributors and retailers. Additionally, Release D provides comprehensive government pricing calculation and compliance reporting capabilities, as well as Medicaid rebate processing functionality that complete the entire fully-integrated suite of solutions for manufacturers in the life sciences industry. With Release D, manufacturers of consumer packaged goods now have an enterprise solution for common deal structures, such as free goods, add-ons, and rebuys. CPG companies will also benefit from enhanced functionality for retail and foodservice channel trade spend and trade funds management in Release D. Intellectual property owners and licensors in the high tech and other industry sectors will find significantly enhanced functionality for handling both inbound and outbound royalties in Release D as well.

Vistex solutions provide companies of all sizes with powerful, highly configurable, seamless business process automation and management capabilities, designed to reflect and enable industry-specific best practices. These solutions enable companies to optimize profitability by increasing top line revenue while reducing cost to administer contracts and incentive programs. By leveraging core SAP functionality and technology, Vistex delivers robust solutions with the lowest possible risk and total cost of ownership, enabling companies to achieve a high adoption rate and a rapid return on investment.

About Vistex

Vistex is the global leader in enterprise contract and incentive management applications. Vistex solutions have been deployed in companies of all sizes across a variety of industries including Wholesale Distribution, Consumer Products, Life Sciences, Retail, High Tech and Industrial Manufacturing. Its rapid and sustained growth in multiple industries and recent offerings in master data management and price administration have captured the attention of companies as well as market analysts covering enterprise software. With over 200 customers, Vistex is rapidly evolving as the de facto choice for contracts, rebates, incentives and pricing solutions, especially among SAP customers.

More information about Vistex and its solutions is available at http://www.vistex.com.

For more information about SAP Global SAPPHIRE NOW, visit http://www.sapandasug.com/.

Contact: Larry Buchman (847-490-0420)

SOURCE Vistex