SAP and TASNEE, the first Saudi joint stock company wholly owned by the private sector have signed an agreement to implement SAP S/4HANA Cloud, the core offering of RISE with SAP, to power TASNEE’s business growth strategy, a company statement said.
According to the statement, the significant transformation addresses TASNEE’s various challenges, including a rising requirement for business agility, operational efficiency, and compliance, as well as growing demand for insight into real-time financial performance.
“Partnering with SAP is a long-term strategic decision that will enable TASNEE to develop new operational models through improved decision-making, facilitating an enhanced digital experience overall. A partnership of this magnitude at the beginning of 2022 will transform our business in the coming year by delivering measurable benefits to our bottom line,” said Mutlaq Al-Morished, CEO of Tasnee.
Commenting on the transformation initiative, Ahmed Al-Faifi, Senior Vice President and Managing Director, SAP Middle East north said: “The partnership with TASNEE is truly a milestone achievement, as it will be one of the most significant RISE transformations in the wider region. We look forward to helping TASNEE improve their processes and increase their organizational resilience, opening the doors for further expansion.”
As part of this digital transformation, SAP will provide TASNEE with a selection of SAPS/4 HANA Cloud and SAP Enterprise Testing solutions, among other SAP products.
TASNEE will benefit from the resilience of S4 on the Cloud while also handling complicated business processes with a fully tailored ECC solution by migrating to S/4 RISE.
