SAP delivers innovations that tackle supply chain & industry challenges

Thomas Saueressig
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Updated 21 June 2020
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SAP delivers innovations that tackle supply chain & industry challenges

As companies all over the world face unprecedented challenges, they are turning to technologies that provide reliable insights to help them better support their employees, customers and suppliers. Stepping up to fulfill these needs, SAP SE is innovating with more than just technology and software.

SAP is helping companies improve supply chain and industry-specific processes, connect through the business network and embed sustainability as a critical measure of business success. The announcement was made at the Sapphire Now Converge conference, held online between June 15 to 19.

“In uncertain times, companies need a trusted partner to help them make confident decisions to enhance agility and resiliency during and beyond the current COVID-19 crisis,” said Thomas Saueressig, member of the executive board of SAP SE for SAP Product Engineering. “In today’s hyper-connected world, it’s even more important for businesses to quickly react to environmental and market changes. We’re helping to address these challenges with new ways for customers to address sustainability, lead in their industry and grow their business networks. SAP has the strategy, expertise, solutions and partner ecosystem to enable customers to run their business as an intelligent enterprise.”

SAP announced the Climate 21 program to support customers in pursuing their climate-related objectives. In a multiyear road map, SAP will work with co-innovation partners to embed sustainability metrics across SAP’s solution portfolio. This will help customers understand, analyze and optimize the carbon footprint of their products and operations along the value chain.

The SAP Product Carbon Footprint Analytics application is now available as the first solution in the Climate 21 program.

Moreover, SAP and its partners are offering industry cloud solutions that extend the end-to-end processes of SAP’s intelligent suite to help drive customer’s core business in their industries.

SAP’s industry cloud strategy will deliver innovative, vertical solutions from SAP and its partners. These solutions will be built on technologies in the Business Technology Platform portfolio and use an open API framework, open process model, open domain model and common business services to create a better customer and user experience.


STC Bank launches business portal for businesses, entrepreneurs and freelancers

Updated 10 February 2026
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STC Bank launches business portal for businesses, entrepreneurs and freelancers

STC Bank has launched a business portal as part of its strategy to provide integrated and Shariah-compliant digital banking services targeting multinationals, entrepreneurs and self-employed. The move reflects the bank’s commitment to enhancing and facilitating the banking experience through modern digital solutions.

The Business Portal is the first integrated digital experience that enables business customers to start their banking relationships and manage their entire business through a single digital platform, designed to meet the needs of various sectors, providing an easy and flexible banking journey characterized by simplicity and ease of use.

The portal provides a comprehensive dashboard that allows business owners to efficiently manage users, financial structuring and authorization matrix, where users can be added, assigned, and manage access to banking services flexibly within an advanced digital experience.

The Business Portal also includes a full range of banking services, most notably payments and remittances, beneficiary management, statement review and extraction, digital certificate issuance, as well as employee salary management, giving business owners full control over their financial operations through a unified and secure platform.

STC Bank allows registration and availing of business portal services through its website, while ensuring the highest levels of security using the latest cybersecurity and advanced financial technologies.

The launch of the upgraded Business Portal is part of STC Bank’s digital transformation journey toward building an integrated digital bank, which provides innovative banking solutions that contribute to supporting the growth of the business sector and enhancing the digital economy in the Kingdom.