The latest product release from SAP, called Business Suite 7, is touted as a new approach that can reduce future IT costs and make future upgrades easier to implement. As SAP explains it, managers can now choose to deploy only the functionalities needed, without having to upgrade the whole solution at once. For treasurers, this means that the treasury component of the suite can be deployed at will. Jim D'Addario, director of marketing for SAP ERP financials, says that the treasury suite is freestanding. It can also be added to a company's existing ERP suite (though it is optimized for SAP's Business Suite).
Going forward, D'Addario says SAP will have enhancement packs for different functionalities. "This means that rather than coming out with a major point release every two to three years, we can provide upgrades for different processes every nine months, keeping the baseline suite stable," he says.