SAP’s “buy now, pay later” offering has been extended to help more SMEs quickly, cost-effectively benefit from SAP solutions
Based on the success of the “buy now, pay later” offering introduced in early 2014, SAP has extend it into 2015. The offering provides small and midsize enterprise (SME) customers* zero-percent financing for up to 24 months for the purchase of any SAP product on the reseller price list. It gives SMEs a flexible option to increase their purchasing power so they can take advantage of SAP software benefits without impacting cash flow. They can invest in new technology that will help the company grow as SAP eliminates the need for upfront capital.
With the SAP products available for this offer via SAP partners, SMEs have a wide variety of solutions available to choose from to address their specific needs, and increase speed for their business processes. It makes it easy for SMEs to get the technology they need to compete with larger companies in their industry.
One SME customer that has benefitted from the “buy now, pay later” offering is A. Stucki Company, a U.S.-based designer, manufacturer and supplier of engineered products and services to the international rail transportation market. It took advantage of the buy now, pay later offering to finance its purchase of SAP ERP and business intelligence. The purchase was completed in cooperation with SAP partners B4 Consulting, Inc. and Firstlogic Solutions LLC, with implementation services provided by Stefanini, Inc.
“To support our growth plans, we needed to implement an integrated ERP solution with strong accounting capabilities that could support our international operations, as well as diverse opportunities in the U.S.,” said Franco DeBlasio, CIO, A. Stucki Company. “The zero-percent financing offer from SAP made it very attractive, providing a competitive advantage. We went from having no ERP system to deploying a full-scale solution that will allow us to scale for growth now and in the future.”
SAP’s buy now, pay later offering was announced in March 2014. It is available in the following countries:
- The Netherlands
- New Zealand
- United Kingdom
- United States
More information on the buy now, pay later offering is available here. The offering runs through Dec. 31, 2015, and includes SAP software and one year of maintenance.
*SAP’s definition of “SME” varies by region, therefore, availability of offering contingent upon meeting regional criteria. Offering also available, pending credit approval.