Saudi Company to implement SAP S/4HANA, Ariba, SuccessFactors and Analytics Cloud
The Saudi Investment Recycling Company (SIRC), wholly owned by the Public Investment Fund (PIF), has announced the successful deployment of solutions from global technology company SAP that will modernize business processes including procurement infrastructure and employee management.
The two parties are also deepening their existing relationship, signing a memorandum of understanding (MoU) to explore the creation of a digital transformation roadmap that will enable SIRC to enhance its environmental performance and reporting capabilities, according to a press communique.
SIRC and its subsidiaries Akam and Reviva successfully deployed SAP S/4HANA enterprise resource planning (ERP) solution, SAP Analytics Cloud, SAP Ariba and SAP SuccessFactors, with implementation at other subsidiaries to follow soon.
Collaboration
“Through the MoU with SAP, we are collaborating on innovative ways to leverage technology that will enhance our contributions to, and reporting on, environmental protection initiatives. At the same time, our operations need to run efficiently and productively, following best industry practices, which is why we have deployed SAP Analytics Cloud, Ariba and SuccessFactors as part of a comprehensive digital transformation programme,” asserted Sultan Saud Alsaif, Executive Director, Technology & Innovation, SIRC,
Established in 2017, SIRC is committed to achieving the environmental and sustainability objectives outlined in the Kingdom’s Vision 2030 through advancing waste management practices, promoting recycling initiatives, conserving natural resources, and moving towards a circular economy, the press statement continued.
“SAP’s values are aligned with those of SIRC, so it is natural for our partnership to extend beyond a technical digital transformation to co-innovating and collaborating on environmental initiatives and reporting,” observed Dr. Fahd Nawwab, Vice President, SAP Saudi Arabia.
