[September 08, 2006]
Philadelphia Newspapers Selects SAP
By Anuradha Shukla
TMCnet Contributing Editor
Philadelphia Newspapers LLC has selected mySAP ERP from SAP to migrate all financial systems onto a single general ledger.
The SAP (News - Alert) software will help boost performance by streamlining the company’s procurement and expense management systems. Philadelphia Newspapers’ 2,650 employees will utilize SAP to gain better oversight in managing financial operations and help achieve profitability and growth objectives.
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Leveraging SAP Safe Passage Program, the company will convert from Oracle (News - Alert) to SAP.
“Like our recent decision to partner with Monster, adoption of this new technology is just one more example of how we intend to revolutionize the publishing industry through innovation,” commented Brian Tierney, chief executive officer, Philadelphia Newspapers, in a press release.
“Faced with aggressive consolidation and intense competition, media companies are embracing enterprise-centered approaches to business,” said Bill McDermott, president and CEO, SAP Americas.
McDermott added that SAP will enable Philadelphia Newspapers to achieve critical business transparency, which will result in enhanced productivity, efficiency and profitability.