Information contained on this page is provided by an independent third-party content provider. WorldNow and this Station make no warranties or representations in connection therewith. If you have any questions or comments about this page please contact firstname.lastname@example.org.
SOURCE Vistex, Inc.
HOFFMAN ESTATES, Ill., Oct. 29, 2013 /PRNewswire/ -- Vistex, Inc., the global leader in pricing, contract, and incentive management solutions, today announced that its solutions are now available for SAP® Business Suite software powered by the SAP HANA® platform. The Vistex solutions available for use with SAP Business Suite powered by SAP HANA are: Vistex Incentive Administration, Vistex Paybacks and Chargebacks, and Vistex Data Maintenance for ERP. These Vistex solutions leverage the unique capabilities of SAP HANA to enable real-time operational reporting and data analysis. Companies can take full advantage of Vistex solutions and innovative features that enable go-to-market strategies with accelerated analytics and reporting.
SAP resells these solutions under the names SAP Incentive Administration by Vistex, SAP Paybacks and Chargebacks by Vistex, and SAP Data Maintenance for ERP by Vistex. These Vistex solutions can leverage SAP HANA in one of several ways: via the embedded architecture when implemented with SAP Business Suite powered by SAP HANA; or by populating SAP NetWeaver® Business Warehouse powered by SAP HANA using data extractors provided out-of-the box by the Vistex solutions; or by using SAP HANA directly, in a side-by-side deployment.
"Our focus is on providing analytics that are more thorough and insightful. With the power of SAP HANA, our clients will gain real-time visibility and analyze information faster, allowing for more accurate, in-depth decision making," says Sanjay Shah, Vistex Founder and CEO. "Companies that take advantage of the power of SAP HANA and these solutions developed by Vistex will be well positioned to simulate market conditions and develop go-to-market strategies that optimize profitability."
The SAP HANA platform is revolutionizing the speed of data processing for reporting, analytics and computational tasks. Pricing determination, incentive calculation, and real-time analytics are data-intensive system activities performed by the Vistex solutions. Leveraging the in-memory capabilities of SAP HANA, either in place of or in combination with traditional relational databases, can accelerate the solutions' transactional and analytical functions.
With the Vistex solutions leveraging SAP HANA, companies can now explore vast quantities of data and analyze gross-to-net margins and pocket pricing. Companies utilizing Vistex solutions gain visibility to full margin analysis by tracking and analyzing all applicable discounts and surcharges, customer and channel rebates, sales commissions, royalties and other agreements that impact the bottom-line. Optimal analysis is best achieved when using the most current information and SAP HANA enables real-time access to the latest ERP data-not aged or replicated warehoused data-with minimal impact to operational processing.
SAP HANA speeds business data processing and the Vistex solutions can now provide greater insight into that data. As a result, companies using the solutions developed by Vistex can make better business decisions, mitigate risk and increase profitability through targeted analysis. "Responding to ever-changing market conditions in an instant has become a business imperative," says Sanjay Shah. "The simulation capabilities of Vistex solutions to model deals and agreements, and to forecast and evaluate margins upfront, will allow companies to act – not just react. This offers our customers a distinct competitive advantage because they will be able to simulate any scenario and get faster results."
Vistex is the global leader in pricing, contract, and incentive management solutions and services, providing unprecedented visibility into the breadth and depth of go-to-market programs and enabling businesses with insightful information that drive revenue, control costs and increase margins. Serving businesses of all sizes worldwide across a spectrum of industries coupled with an unwavering commitment to its clients, the world's best run organizations choose Vistex to manage master data, contracts, pricing, rebates and incentives, ensuring success from inception to insight.
SAP, SAP HANA, SAP NetWeaver, and all SAP logos are trademarks or registered trademarks of SAP AG in Germany and in several other countries. All other product and service names mentioned are the trademarks of their respective companies.
Vistex and all Vistex logos are trademarks or registered trademarks of Vistex Inc. in the U.S. and other countries.
Contact: Mr. Alex Dehnert
2300 Barrington Road, Suite 550
Hoffman Estates, IL 60169
©2012 PR Newswire. All Rights Reserved.