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12 May 2009
Accountancy software provider SAP has acquired Clear Standards, a carbon management technology company which is to be incorporated across all its products.
Clear Standard will be adapted so that it can extract financial data held in SAP products such as Business Suite 7, to provide businesses with measurements on green house gas emissions as well as other environmental impacts.
SAP co-chief executive officer, Léo Apotheker, said: 'It is essential that organisations gain actionable insight into their carbon emissions, water consumption, energy use and other environmental factors so they can lower their environmental impact.'
'With the acquisition of Clear Standards, we will accelerate our vision to deliver a complete set of solutions to enable end-to-end sustainable businesses' he added.
The deal took place in New York, will see all SAP products adapted to incorporate Clear Standards at a later date.
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Briefings
By looking at the reasons supplier statements became unfashionable, and the reasons why it is different today, this paper delves into the many benefits that can be obtained by automating the process.
Having a real and true view of your organisation’s current financial position, and having the right systems and processes in place, will ensure that you can make strong choices and are ready to capitalise on opportunities
AccountancyAgeInsight is a frequently updated resource centre for finance professionals, offering a free and easy-to-use digital library of briefings, white papers and other information resources. 
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