Wal-Mart is to implement SAP software for the first time, after choosing the ERP Financials package to enhance its financial information systems.
The software will be introduced across the retailer’s global organisation in phases, which have yet to be defined fully. However, the first phase is expected to be completed during 2010.
It has not been revealed how fast the system will be rolled out to Wal-Mart’s Asda business in the UK.
The deal follows a thorough evaluation by Wal-Mart of its financial information systems. This was undertaken to help management decide what would be needed to support the company’s US$350 billion (£171.83 billion) global business, as well as its next phase of growth.
In particular, Wal-Mart needed a system that would support international expansion and help it cope with the demanding financial regulatory requirements the retailer faces as a NYSE-listed company.
The package will replace some legacy systems and integrate with other internal Wal-Mart systems. SAP said that its NetWeaver technology platform will allow Wal-Mart to connect the new systems with the old very easily.
Wal-Mart chief information officer Rollin Ford said: “Technology has played a central role in the growth and success of our business. We believe SAP’s experience in helping global companies with their financial systems will bring more flexibility and scalability to our growing business.”
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