Advanced Computing in the Age of AI | Thursday, April 25, 2024

Funding Profiles Joins SAP Startup Focus Program 

Funding Profiles today announced that it has joined the SAP Startup Focus program. Through this engagement, the Funding Profile Generator will leverage the SAP HANA database so executive leaders can visualize strategy in real time. As a result, enterprises will be able to gain actionable insight into their strategic plans and bridge their long range plans with their operating budgets.

SAP HANA enables businesses to make smarter, faster decisions through real-time analysis and reporting combined with dramatically accelerated business processes. Funding Profiles joined the SAP Startup Focus program to benefit from significant performance improvement for the Funding Profile Generator.

"We are looking forward to taking part in SAP's Startup Focus program and associated events," said Rahul Argade, Chief Technology Officer, Funding Profiles. "More importantly, our missions are complementary. This program will allow Funding Profiles to find more effective ways to leverage SAP technology in our FP&A enterprise software platform - the FP Generator product and in our emerging predictive analytics engine, FP Autosense."

Funding Profiles is part of the SAP Startup Focus program, which supports startups in developing new applications on SAP HANA. SAP's database platform streamlines analytics, planning and predictive and sentiment assessments to allow business to operate in real-time. The SAP Startup Focus program is an accelerator for big data, predictive and real-time analytics startups. More than 650 startups are participating in the program to-date that have developed distinct SAP HANA-based use-cases from gaming to retail to finance and manufacturing.

The Funding Profile Generator, the company's flagship software application, helps FP&A organizations express the results of their work - consolidation, reporting, forecasting, planning, variance explanation, guidance, modeling, etc. - in visual, strategic terms. Enterprise FP&A customers can quickly process relevant data into working financial models, rendering strategic insights clearer and faster. The result is Strategy Visualized.

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