Retailers have teased and rolled out online deals for days, even weeks, but the real Black Friday is here.
With its acquisition of Praxis Software Solutions, enterprise software provider SAP plans to offer e-commerce and web-delivered CRM capabilities to the small-business users of its Business One software suite.
With its acquisition of Praxis Software Solutions, enterprise software provider SAP AG plans to offer e-commerce and web-delivered CRM capabilities to the small-business users of its Business One software suite. Terms were not disclosed.
SAP has offered Business One since 2002 as an enterprise suite for small and mid-sized companies, but Minneapolis-based Praxis will enable it to meet the demand for a growing number of retailers and manufacturers who want integrated e-commerce functionality, a spokesman says. Among the users of Praxis technology is Brooklyn, NY-based Yak Pak, which designs and manufactures backpacks, bags and accessories, and sells them through YakPak.com.
Business One is designed to let companies integrate data from their e-commerce operations with back-end applications that manage analytics, inventory, accounting and other operations, a spokesman said. Its license fee is $3,750 per user, and it currently operates on a Windows-based platform. But SAP is in the process of migrating it to the web-based NetWeaver platform, the spokesman says.
“E-commerce and web-based CRM are among the largest growth areas in business software for small and mid-sized enterprises worldwide,” SAP said in announcing the Praxis acquisition.