Ferguson, Renee Boucher
April 2002
eWeek;4/1/2002, Vol. 19 Issue 13, p17
Small and medium-size businesses (SMB) need enterprise software to help them run their businesses as much as larger companies, but most of these organizations don't have the financial and technical resources to operate standard enterprise-level offerings. SAP AG has joined the slate of enterprise software companies aiming to reach those small companies by acquiring TopManage Financial Solutions of Israel, and setting up an SMB business unit. TopManage's suite includes financial, banking, purchasing, order management, sales and logistics applications. SAP AG will integrate those offerings with a customer relationship management (CRM) application. Separately, Oracle Corp. last month rolled out an upgrade to its Small Business Suite (SBS) of software based on technology from NetLedger Inc., which Oracle Corp. took an equity stake in last summer. SBS offers an integrated suite of hosted application services, including financials, CRM, purchasing and e-commerce.


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