Clarkston Consulting’s midmarket M&A experts recently attended the SAP Midmarket Strategic Initiatives Spring Summit in New York, New York. The half-day event centered around the theme of developing go-to-market strategies that “create new routes to market and force multiply our collective reach,” where discussion topics and panels focused on SAP capabilities in the critical areas of data analytics, transportation and logistics, digital transformation, and process improvement. Below, our Clarkston stewards recapped some of their key takeaways from the SAP Midmarket Strategic Initiatives Spring Summit.
Key Takeaways from SAP Midmarket Strategic Initiatives Spring Summit
- Collectively, SAP and its partners can drive innovation and growth for mid-sized companies. More than a networking event, this summit allowed for strategic partnerships and ideation with Clarkston’s M&A experts. By harnessing the power of automation and intelligence, we can turn data into real business value and deliver profitable sustainability.
- SAP ERP solutions are best for private equity (PE) firms with portfolio companies that are slated for growth. A common misconception is that SAP ERP solutions are too large and complex for anything other than enterprise-sized companies. Midmarket is a growing segment for SAP, as it allows portfolio companies to realize greater efficiencies as they continue to grow with PE investments.
- SAP Enable Now can be leveraged to help midmarket firms boost productivity. In-application assistance and enablement content available where and when users need it can boost user adoption and productivity. The solution can improve software programs’ adoption, productivity, and efficiency by providing in-application help and e-learning content to users. With the SAP Companion service as an interface for SAP Enable Now, teams can deliver that assistance intelligently. With SAP Enable Now, teams can enhance the user experience while creating, maintaining, and delivering in-application help, learning materials, and documentation content.
- RISE with SAP continues to be popular among midmarket PE firms. RISE is a complete offering of ERP software, industry practices, and outcome-driven services for migrating SAP ERP to the cloud. RISE with SAP can transition current ERP data and processes to the cloud with less risk and without compromise. The bundle of tailor-made ERP software, transformation services, business analytics, and partner expertise guides teams along a personalized path to the cloud.
SAP Midmarket Strategic Initiatives Spring Summit and Beyond
This spring’s SAP Midmarket Strategic Initiatives Summit was another exciting time to connect with midmarket private equity leaders to discuss emerging business and technology trends, ongoing challenges, and potential opportunities. As we continue to navigate economic uncertainty, there are endless opportunities for helping businesses achieve optimal deal value and set portfolio companies up for growth with a strong SAP ERP foundation that can grow with the business.
To chat more about the SAP Midmarket Strategic Initiatives Summit or emerging trends in the midmarket value creation space, connect with our M&A team today. You can also learn more about our SAP Consulting Services here.