Fortune 500 Companies That Use SAP

SAP is a multinational software enterprise with its headquarters in Germany with over 105,000 employees across the globe. Founded in 1972 the brand’s software solutions have been extensively used by Fortune 500 companies for the seamless management of business processes.  It has established the global standard for ERP software with the use of advanced technologies such as machine learning and artificial intelligence.

9 out of 10 Fortune 500 companies use SAP to ensure business and process excellence. SAP’s integrated applications help to replace the process-driven legacy platforms by connecting all key business functions into an intelligent suite on a robust digital platform. Today the brand has over 230 million cloud users with over 100 solutions that cover all key aspects of business functions. 

SAP offers various solutions across a wide range of critical business areas including:

  • Production
  • Human Resources
  • Planning
  • Inventory Management
  • Reporting
  • CRM
  • Sales & Marketing
  • Finance & Accounting

From seamless data management, operational efficiency, business process management, unified view of data and forecasts, the SAP ERP software is leading the cloud solutions space with over 100 distinct solutions. It’s been integral in delivering sheer value to its customers across industries and types.

Let’s Dive Into Some of The Fortune 500 Companies That Use SAP To Maximize Process And Business Efficiency With This Software

Below are the some of Fortune 500 companies that use SAP:

• Walmart
• Amazon
• Apple
• Alphabet
• McKesson
• Chevron
• Costco Wholesale
• Phillips 66
• Ford Motor
• JPMorgan Chase

1. Walmart

Leading the Fortune 500 list for 2023 is Walmart, a general merchandiser with a revenue of $611,289 million.  Walmart has been using SAP technology in its back-office operations since 2007 and is currently using the SAP HANA business intelligence platform to execute tasks such as processing the company’s half a-trillion transactional records.

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2. Amazon

The internet services and retailing giant which is valued at $1,058,440 million integrates Amazon Business into SAP procurement solutions. With this integration, Ariba buyers can have a simplified and seamless procurement experience while also having increased visibility into the spend. Furthermore, this integration assists organizations in enforcing procurement policies and maintaining control over the purchasing process.

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3. Apple

Apple is leading the computer and office equipment space and is undoubtedly one of the most profitable companies in the world today. Innovation has been integral to its success, and the SAP software has been key to this aspect helping Apple manage inventories and orders seamlessly. It uses the SAP software for its online store, App Store, iTunes, and other online store services. In addition, they use different SAP systems for their finance department and  Human resources.

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4. Alphabet

Google’s parent company Alphabet is running SAP S/4HANA on Google Cloud to support its finance teams. It implemented the foundational SAP S/4HANA Treasury Applications on Google Cloud and is focused on enabling an integrated Treasury platform that is scalable and efficient and utilizes real-time data and automated processes to support Alphabet’s financial goals and create value.

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5. McKesson

McKesson is the leading provider of supply, information, and care management products and services to the healthcare industry with a revenue of $263,966 million, delivering close to 200,000 orders a day across North America. SAP HANA helps in highlighting trouble loads and immediately identifies orders in danger of missing the same-day shipping window. This data is replicated into SAP HANA every five minutes, which helps in getting a real-time view of the distribution system.

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6. Chevron

For over 140 years, Chevron has been building thoughtful, long-term, and sustainable energy strategies. Through its implementation of SAP S/4 HANA, Chevron continues to deliver more reliable, affordable, and ever-cleaner energy by developing new organizational capabilities that provide enhanced productivity and collaboration, immediate and intelligent insights and accelerated automation and innovation.

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7. Costco Wholesale

Costco Wholesale chooses SAP S/4 HANA Retail for its Retail Management to modernize its operations and business processes. SAP HR and CRM modules helped them streamline their processes with an extensive Campaign Management and Services handling capability.

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8. Phillips 66

A petroleum refining giant Philips 66 valued at $46,727, turned to SAP to leverage solutions that can be deployed on the cloud to address their business challenges and capitalize on the opportunities. With SAP they were able to deploy industry-leading solutions to mitigate commodity risk, manage capital, enable their digital transformation to maximize profitable decision-making, and increase visibility.

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9. Ford Motor

Ford’s global Business Technology Renewal program replaced its 30-year-old legacy systems and work practices with the new, optimized processes running on the next-gen integrated SAP SPM (Service Parts Management) platform. Ford now successfully runs all four components of the SAP SPM Solution worldwide: warehouse management (SAP EWM Service Parts Planning (SAP SPP) and commercial and finance processes (SAP CRM and ERP).

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10. JPMorgan Chase

By leveraging the SAP Business Technology Platform, MORGAN MONEY can be accessed directly from the SAP Treasury and Risk Management. It assists in effortlessly integrating the power of its liquidity management with the core enterprise resource planning processes offered by the SAP ERP platform.

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The SAP ERP software SAP ERP software is integral in centralizing data management for multiple business functions with a single unified view saving enterprises huge IT storage costs. It helps brands better manage complex business processes by giving employees from different departments easy access to real-time insights across the enterprise. Let’s go over a few of the top reasons why SAP is the first choice for Fortune 500 brands globally.

9 Reasons Why Fortune 500 Companies Use SAP

  • Data Management
  • Cost Optimization
  • Enhance Decision Making
  • Better Collaboration
  • Improve Data Security
  • Faster Forecasting and Analysis
  • Custom Solutions
  • Better Customer Service

1. Data Management

Imagine having to view the performance metrics of various departments manually to ascertain loopholes and formulate strategies to ensure these are addressed. Depending on age-old legacy systems will only give room for error. SAP helps automate data across departments for business heads and employees to have a single unified view to synchronize reporting that is critical for timely decision-making.

2. Cost Optimization

Businesses are always on the lookout to minimize costs and increase profits. What if you could increase the cost-efficiency of your business with SAP? The SAP ERP system helps to reduce administration and operational costs by gathering  real-time data, reducing redundancies, and streamlining financial information.

3. Enhance Decision Making

The SAP ERP modules help in providing, organizing, and analyzing information from various departments quickly and on time. This has a direct impact on the brand’s decision-making process which is fast and accurate and invariably impacts results. With the right data available at the right time, finance teams for instance can make decisions faster and develop profitable strategies, predict cash flow, manage liquidity, and mitigate risks proactively.

4. Better Collaboration

Collaboration is critical to the functioning of any business; SAP ERP helps to foster collaboration between teams by sharing insights and accurate data promptly. This helps employees feel more connected, engage with one another, gain more knowledge, be more proactive, and stay focused on achieving common organizational goals as a team.

5. Improve Data Security

SAP Business One can protect sensitive information. The ERP system is powered with advanced technologies, including built-in security, firewalls, and more. You can also easily assign data that can be available to a single employee or an entire team or department. Furthermore, the database ensures secured backups of all critical and sensitive data.

5. Faster Forecasting and Analysis

Minimize data errors Minimize data errors, and opt for accurate, fast, and real-time reporting with SAP ERP. Understand the factors that are hindering your growth and bridge gaps with in-depth performance reports and risk assessments. Rely on forecasts and analysis backed with the power of AI and machine learning and stay leaps ahead of your competition.

7. Custom Solutions

Choose custom solutions to meet the unique demands of your business. SAP ERP systems are designed to ensure optimal flexibility and ease of use. Every module is distinct keeping in mind the unique requirements of the specific team and not a one-size-fits-all solution. For instance, inventory management and finances have a very different module from that of distribution and sales.

8. Better Customer Service

The smoother the workflow the greater productivity and customer satisfaction.  Your employees are not the only ones who will enjoy the benefits of SAP, your customers too will experience the change. As the client data is centralized, the sales and customer service teams will have instant access to critical information when dealing with customer requests or queries.

9. Easy Scalability

Though SAP is often thought of as a solution only for large enterprises, it was truly designed for small to medium-sized businesses (SMBs). Whether you’re a start-up or an SMB, SAP ERP can support all your growth goals and help you manage your employees, inventory, data, and a lot more.  Additionally, if you are introducing new products, services, processes, or departments, you can easily add new users or functionalities to the SAP ERP software.

Conclusion:

To ensure continuous business success you must plan for the future. The businesses that fail to do so can encounter major concerns and setbacks.

With a SAP ERP solution brands can have a system that they can adjust to align with the company’s growth moves easily and efficiently. Whether you are expanding your customer base or entering a new market, the SAP software can help you manage this transition seamlessly

Fortune 500 companies across industries choose SAP to:

• Improve operational efficiency
• Accelerate workflows
• Maximize productivity
• Gain customer insights
• Enhance customer experiences
• & Increase Revenue

If you too are looking to implement a SAP ERP system for your business, consider the right steps to drive user adoption. This will help in increasing the overall productivity once your employees begin using the SAP ERP. To facilitate this process, seek expert assistance who can accelerate SAP training, to make the SAP implementation process straightforward and painless.

At TargetNXT we have one of the most comprehensive and real-time database of Fortune 500 companies that use SAP. Feel free to drop us a message on info@targetnxt.com or connect with us on +1(800) 224–8308 to get a first-hand experience of our database quality and propel your business success faster.

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