18/07/2011 23:07PM Australia/Sydney
NEW YORK (BUSINESS WIRE)
Reval’s Solution Delivers More Operational Efficiency to Companies
Through Interoperability with SAP Applications
the premier provider of financial risk
management solutions for corporations and financial institutions
globally, announced today that its Reval® Software-as-a-Service
solution has achieved certified integration with SAP®
applications. Reval® integrates with the SAP ERP 6.0
application, providing advanced accounting and cash settlement
functionality to customers also using SAP solutions.
The SAP Integration and Certification Center (SAP ICC) has certified
Connect integrates with SAP ERP 6.0 to exchange critical data with
instances of SAP Business Suite software. With this integration, users
can now export general ledger postings from Reval into the SAP ERP
application. Customers are able to fully automate their back-office
accounting functions with Reval, increasing operational efficiency
and eliminating security issues and opportunity for human error.
“We are delighted that Reval® has achieved SAP certified
integration,” said Jim Gilbert, vice president, Strategic Alliances,
Reval. “Through the integration of Reval’s general ledger capabilities
with SAP applications, customers can streamline
core treasury and business technologies, which we believe will prove
highly beneficial to current and future customer engagements.”
In addition, Reval has joined the SAP PartnerEdge™ program as an SAP
software solution partner.
Other suggested links: twitter.com/revalacctg4risk
Reval provides an award-winning Web-based platform that automates
corporate financial risk management for a wide range of interest rate,
foreign exchange, commodity and credit derivatives. The world’s leading
corporations and financial institutions use this SOX-compliant
Software-as-a-Service to support and execute hedging strategies from
exposure capture through performance measurement and to comply with
international and domestic accounting standards, including ASC 815 (FAS
133), ASC 820 (FAS 157), IAS 39 and IFRS 7. Reval® deploys
rapidly and integrates easily with treasury management and ERP systems.
The company’s SaaS platform and team of financial experts are also
available on an outsourced basis through Reval Center™. Reval was
founded in 1999 and is headquartered in New York, with regional centers
based in Philadelphia, Chicago, San Francisco, Toronto, London,
Frankfurt, Graz, Sydney, Hong Kong, and Gurgaon.
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trademarks of SAP AG in Germany and in several other countries.
All other product and service names mentioned herein are the trademarks
of their respective owners.