SAP has signed a global enterprise agreement with Valero, North America’s largest oil refiner. The companies are to collaborate on the development of ‘a scalable, innovative and flexible IT landscape across Valero’s offices and 16 oil refineries throughout the United States, Canada and the Caribbean.’
The agreement covers core business processes such as finance and supply chain management and includes software, maintenance and software developments. A component of the deal is a collaboration with SAP’s ‘sustainability’ team on an industry-specific solution.
Last November, SAP announced that Valero adopted its BusinessObjects governance, risk, and compliance (GRC) solution. Valero SAP manager Bill Webber said, ‘The driver for compliance started with Sarbanes-Oxley. The application has allowed us to validate our system and reduce our total cost of compliance. It has also helped identify risks.’ More from sap.com.
© Oil IT Journal - all rights reserved.