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Thursday, March 16, 2006
SAP Financial Management Software Certified by the Financial Systems Integration Office for Compliance with Federal Standards
"WASHINGTON, D.C., - March 15, 2006 - SAP Public Services, Inc., a subsidiary of SAP AG (NYSE: SAP), today announced that its mySAP ERP 2005 financial management software has been recertified by the Financial Systems Integration Office (FSIO) - formerly referred to as JFMIP - as meeting their functional requirements for core financial systems. Improving federal financial management systems is critical to increasing accounting and forecasting accuracy for financial and program managers. The FSIO certification validates that mySAP ERP 2005 delivers the integrated business processes and financial management best-practices required by federal agencies to deliver increased visibility and transparency to manage budgets, operations and program performance to help improve the efficiency of services provided by the federal government. "