Did everyone see the recent announcement that came out from SAP at the end of July on bolstering their cloud portfolio vision? (see announcement below). It is becoming extremely apparent that SAP is focusing and investing heavily on its cloud offerings. What I am most excited about regarding this announcement are three things:
Bramasol has some exciting news: our Rapid Deployment Solution for HANA is coming soon!
Cloud is the hot topic right now and organizations must consider how they are using their cloud services to innovate in all aspects of use: private, public, or hybrid.
July 2nd is highlighted in the Bramasol calendar as its one year anniversary. The celebratory tone was set by a message by the CEO of company, David Fellers, on the 1st Anniversary reflecting the journey of Bramasol, the support from the employees all through and the determination to continue the good work. This was followed by lunch for all the Bramasol India employees.
I found the Aberdeen Research article on Travel and Entertainment (T&E) Expense Visibility very intriguing to say the least. On one hand, businesses today are searching for new frontiers where they can drive out costs in their operations. When the recession hit a few years ago, businesses immediately focused on driving efficiencies in their value chains which permeated its way into how they sold to their clients/customers, how they manufactured their products / offerings (with many outsourcing their manufacturing operations), and how they managed inventory to not tie up so much cash in inventory on-hand while also increasing fill rates.
As businesses now recover from the downturn, you are seeing them invest wisely (and cautiously) into areas that will create growth, but at the same time they have not lost that lust to manage costs. As a result they are looking into unchartered waters for cost containment and Travel and Entertainment Expenses are on the short list.
It makes complete sense that visibility would be one of the top challenges in the T&E domain. I would go a step further however and state that I think businesses really want to understand where their T&E dollars are going and more importantly, are they getting a real return in the dollars they spend.
