Dangote Group Signs Deal with SAP

 

Dangote Group has signed business expansion deal with Systems Applications and Products (SAP).
The group signed a deal to use SAP’s OpenText Enterprise Content Management (ECM) and Invoice Management offerings on top of its existing SAP infrastructure.

The OpenText Extended ECM and Invoice Management solutions provide easy access to all customer data and documents, which significantly increases the quality of data while promoting more productivity and business continuity, all resulting in internal cost-savings and efficiencies.
Chief Executive Officer of SAP Africa, Pfungwa Serima, said the relationship with Dangote Group highlights the growing demand for enterprise management software in Africa as forward-looking companies leverage Information Technology (IT) to modernise their business systems in preparation for expansion.

He added that SAP’s real-time analytics platform and cloud platform were also starting to gain traction across the continent as companies plan to take advantage of the boom in resources and the significant trends of urbanisation and consumerisation.
According to the group, the deal with SAP was part of Dangote’s drive to modernise all its systems and business processes to support expansion into new markets across the continent, and to lay the groundwork for a potential listing on the London Stock Exchange in 2017.
The Dangote Group's interests include steel, cement, real estate and telecoms. The Group generated revenues of more than $2.6 billion in 2011.

It operates in 14 African countries, and is on an aggressive expansion drive across the continent, with plans to double its cement output, thereby positioning Nigeria has the largest cement producer in the world.
In 2012 Dangote Group signed a three-year deal with SAP to use the SAP Business Suite to increase transparency and efficiency across the group. The new solutions are expected to accelerate Dangote Group’s move from manual-based systems to one that is more integrated, automated and transparent.

Speaking on the signed deal, Managing Director, DANCOM Limited,  Prasanna Burri, said “Dangote Group is the first company in West Africa to use SAP’s OpenText ECM and Invoice Management solutions, highlighting its leadership amongst African companies who see the wisdom of leveraging IT effectively to further their business objectives."