Benzinga | Jun 2, 2021 01:59PM EDT

SAP Introduces Tools for Business Transformation, Productivity

* SAP SE (NYSE: SAP) unveiled the SAP Business Network at the global SAPPHIRE NOW conference for better business outcomes, navigation of changing economic and geopolitical conditions, and sustainability contribution enhancement.

* It announced multiple innovations for business process transformation and higher productivity.

* SAP's Business Process Intelligence Solutions enabled organizations to analyze and improve their real-world business processes through the SAP Process Insights solution.

* The Verify service used AI and machine learning to detect potential expense report issues and anomalies automatically.

* The SAP Upscale Commerce solution was online commerce, no-code solution to allow midmarket retailers to create omnichannel shopping experiences in minutes.

* The SAP Analytics Cloud solution now offered operational workforce analytics and planning abilities and integration with SAP SuccessFactors solutions.

* Price action: SAP shares traded lower by 0.59% at $139.21 on the last check Wednesday.