The ERP Minute - Episode 52

SAP and Francisco Partners (FP) announced that FP has signed a definitive agreement with SAP America Inc. under which Francisco Partners will acquire SAP Litmos from SAP. OneStream ranked among the fastest-growing companies in the 2022 Inc. 5000 list from Inc. Magazine. This is the 7th consecutive year the company has been recognized on the list, which represents the most successful private companies with a proven track record of growth. UKG delivered strong financial results for the third quarter of Fiscal 2022, ending June 30, 2022. Total revenue was $925 million, with subscription revenues excluding float growing 15% year-over-year. In addition, more than 70% of new customers selected the UKG full suite of HR, payroll, and workforce management solutions. Highlights of the quarter include recognition by Google Cloud for driving diversity and inclusion in the field of DevOps, collaboration with Uber to help organizations deliver rewards and incentives to people, and a multi-year partnership with the National Women’s Soccer League, while also maintaining a high number of customer acquisitions. Salesforce released Salesforce Easy, a new simplified experience for businesses of all sizes, built for flexibility and business growth. Salesforce Easy provides self-service purchasing options and a three-click setup, making it easier and less costly for users to grow with Salesforce as business needs evolve. FinancialForce announced the general availability of its Summer 2022 Release. The new release introduces FinancialForce’s Services-as-a-Business (SaaB) approach with improved resource management, significant enhancements to out-of-the-box analytics capabilities utilizing CRM Analytics by Salesforce, integrated Financial Planning & Analysis solutions, end-to-end intelligent bank reconciliation capabilities, and improved user experience.

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