Business governance and risk management targets for SAP’s OutlookSoft acquisition

The software giant says the acquisition should be completed by June, pending the usual approvals. It adds that CFOs today face increasing pressure to meet regulatory requirements and drive efficiencies, while at the same time playing a strategic role in driving the growth and profitability of the business. With OutlookSoft and others filling in the ERP gaps, CFOs, it says, can ensure business compliance and manage risk with integrated governance, risk and compliance management applications, and improve their business performance by linking strategy to execution “with risk-adjusted planning and corporate performance management”. “Leading companies are looking to establish unified, easy-to-use best practice business processes that enable a predictive and risk-adjusted approach to performance,” says Doug Merritt, corporate officer and member of the Executive Council, head of Business User Development, SAP. “OutlookSoft completes another key component of our multi-year strategy to build, partner and acquire unique offerings for CFOs, a strategy based on thorough market analysis and customer input. OutlookSoft brings the people, intellectual property and expertise that will enhance the SAP business user experience and add value for a strong cross-section of our customer base."