Increase efficiency, support new business models, ensure sustainable growth, and improve competitiveness?the requirements that IT is expected to fulfill increase constantly. At the same time, IT budgets are under pressure. Decisions on IT investments are approached with greater caution, while many projects are postponed or even canceled for financial reasons.

The SAP Financing service provides SAP customers with a simple, affordable route to their investment in a complete SAP solution. With this service, SAP and Siemens Financial Services (SFS) offer financing solutions for companies and the public sector, specially tailoring them to suit the required liquidity of the individual organizations.

Benefits of SAP Financing

• The SAP Financing services provides customer-specific financing plans. Customers can therefore quickly execute on their growth strategies by making precisely planned, specific IT investments.
• All long-term investment costs are combined into one predefined monthly payment. This financing offer simplifies the budgeting process for customers and helps them to accurately determine the total cost of ownership and return on investment over the entire life cycle of their software solution.
• The total cost of an SAP solution is calculated over a period of up to seven years. As a result, customers can optimize the planning of their long-term IT investments and reduce the total cost of operation.
• By freeing up the capital that would otherwise have been needed to procure new IT solutions, and applying it to other strategic investments, customers enjoy greater financial flexibility.

Services of SAP Financing

The financing service covers the following investments:

• SAP software
• Additional third-party software offered on the SAP pricelist
• Services for modifications, implementation and training provided by SAP or SAP partners
• Internal project costs (such as remuneration for project managers)
• Software maintenance in the first year
• Required hardware

Key Statistics of SAP Financing

• The SAP Financing service was launched in December 2006, and is available in 45 countries
• The services is available from SAP directly and from sales channels, including as SAP resellers and systems integration specialists
• Project pipeline: Approximately 450 million (as of February 28, 2007) with a strong increase in second half of 2006 (March 2006: approximately 90 million)

For more information about the SAP Financing service, go to:
www.sap.com/germany/services/financing/index.epx
www.siemens.com/sapfinancing

Contact Persons for the Press
Angelika Pfahler
SAP Global Communications
E-Mail: angelika.pfahler@sap.com
Telephone: +49 6227 -7-63596

Markus Wierl
Siemens Financial Services GmbH
E-Mail: markus.wierl@siemens.com
Telephone: +49 89 636-31565

Information current as of February 2007