SAP and Vendavo have extended their partnership to provide customers new financial management applications that are designed to run on the SAP HANA in-memory database.
Vendavo plans to release its Profit Analyzer tool next year, a product designed to integrate with HANA technology and help businesses monitor pricing and margin performance in real time, SAP said Wednesday.
Neil Lustig, Vendavo president and CEO, said the SAP platform works to help users upload and access large amounts of enterprise data.
“We must continually renew our relationships with partners and look for new ways to deliver innovation,” said Vishal Sikka, a SAP executive board member.
The companies are working together to update Vendavo products with new features such as pricing dashboard and analytics, SAP says.
Vendavo initially updated its Profit Finder application to run on SAP HANA infrastructure.