SAP business solutions have been selected by Xerox Holdings Corp. (Nasdaq: XRX) as the cornerstone for transforming its enterprise architecture. This decision is part of Xerox’s ongoing, multi-year strategy to reinvent its operations, focusing on enhancing its core print businesses, boosting productivity, and expanding its digital services and IT capabilities. By integrating these SAP solutions, Xerox aims to improve business outcomes for its clients while simultaneously streamlining its internal processes.
As part of its reinvention strategy, Xerox has chosen to migrate to the cloud using the RISE with SAP solution, embracing a clean core approach to refine its operations. By adopting SAP S/4HANA Cloud, the company anticipates significant reductions in IT costs, standardization of global processes, and a simplified application landscape. These changes are expected to support the creation of a global business services organization, enabling Xerox to introduce new business models that align with the evolving demands of the industry.
RISE with SAP is a comprehensive package that assists businesses in transforming their operations by migrating to the cloud. It provides a streamlined path for companies to modernize their systems, optimize processes, and gain real-time insights. For Xerox, this transition means not only adopting new technologies but also rethinking how they deliver value to clients and partners. The clean core approach, central to RISE with SAP, involves simplifying and standardizing processes, which allows organizations to reduce complexity and increase efficiency.
Louie Pastor, Executive Vice President and Chief Transformation and Administrative Officer at Xerox, also emphasized that by moving to the cloud with SAP, Xerox is making its operations more efficient and easier to manage. This shift positions the company to become a service-led, software-enabled organization, with SAP playing a crucial role in meeting the changing needs of clients and partners. The partnership is a key element in Xerox’s ongoing transformation, reinforcing its commitment to enhancing client and partner success in the hybrid workplace.
Expanding Capabilities with SAP Business Solutions
In addition to SAP S/4HANA Cloud, Xerox has integrated several other SAP business solutions to create a unified platform that enhances operational efficiency. These solutions include:
- SAP Business AI: Initially deployed for business integrity screening, with plans to explore further use cases that can deliver additional benefits.
- SAP Customer Experience Portfolio: A suite designed to enhance client interactions and drive improved customer satisfaction.
- SAP Business Technology Platform (SAP BTP): An integrated platform that brings together various functions such as finance, supply chain, and sales, allowing for real-time insights and operational agility.
- Supply Management Solutions from SAP: These solutions will help Xerox optimize its supply chain, enhance inventory visibility across 145 countries, and support better decision-making through extended analytics.
This integrated approach on SAP BTP provides Xerox with a single source of truth across its operations, allowing for greater agility, flexibility, and automation. By consolidating these innovative cloud solutions, Xerox is well-positioned to respond swiftly to market changes and introduce new offerings that meet the demands of a rapidly evolving industry landscape.
Driving Innovation and Operational Excellence
Xerox’s adoption of SAP business solutions marks a significant step in its reinvention journey. The integration of these advanced technologies is expected to enhance the company’s ability to innovate and deliver value to its clients. SAP Business AI, for example, will play a pivotal role in ensuring business integrity and exploring new ways to optimize operations. The use of SAP’s digital supply chain solutions will also enable Xerox to mitigate risks and improve inventory management, further solidifying its operational excellence.
Dominik Asam, Chief Financial Officer and a Member of the Executive Board of SAP SE, further highlighted that Xerox’s decision to leverage SAP’s solutions is a testament to the company’s commitment to driving its business forward. The implementation of RISE with SAP will also enable Xerox to adopt new business models that enhance client experiences and integrate cutting-edge technologies like SAP Business AI. This move is set to usher in a new era of workplace innovation, building on Xerox’s long history of delivering quality and value to its clients.
