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SINGAPORE –\u00a0Media OutReach<\/a>\u00a0– 28 June 2021 –\u00a0SAP<\/a> (NYSE: SAP) announced that Proxtera<\/a>, an intelligent and open global network
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On its end, Proxtera is currently developing Proxtera Plus
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Lim Kang Song, Proxtera Chairman, remarked, “Proxtera’s
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“It’s clear that no business does business alone. This is part
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Proxtera’s goals is to connect over 350,000 SMEs to new trading partners across a growing list of
\nof B2B marketplaces that creates seamless buying and selling
\nopportunities and business services for small and medium sized enterprises
\n(SMEs) in Asia, is joining Ariba Network<\/a>, the
\nlargest digital business network in the world. By joining Ariba Network,
\nProxtera will now be part of one collaborative, intelligent, global business
\nnetwork with access to new demand channels to grow its business in an increasingly
\ndigital and networked economy.<\/p>\n
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\nfor its network of 350,000 businesses and SMEs. Proxtera Plus aims to provide a
\nsmooth search, product match and transaction experience for large buying
\norganisations with a deep and diverse range of buyers and sellers from
\nwholesale eCommerce platforms across Asia via Proxtera’s trade network of
\nmarketplaces, for example, Eezee, GlobalLinker, SGeBiz, and Sourcesage 99SME
\nB2B. \u00a0It
\nalso aims to help with compliance of purchases against internal corporate
\npolicies and enable quick digital approvals. Proxtera Plus is intended to make
\nclosing purchases easier, supported with secure payment rails and integrated
\nfulfilment options. <\/p>\n
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\nmission is to enable SMEs around the world to thrive in the new normal of the digital
\neconomy and access new trade opportunities previously thought out of reach. Proxtera
\naims to help SMEs as they recover from the impact of the pandemic and to bring
\nus one step closer to an open, more collaborative future where businesses of
\nall sizes, including SMEs, have great trade opportunities afforded to them as
\ntraditional corporate ecosystems.” \u00a0<\/p>\n
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\nof our broader vision to reimagine how businesses, including SMEs, can
\ncollaborate with a network of global trading partners across supply chains,
\neconomies and industries, and empower companies to move faster and smarter than
\never before,” commented Paul Marriott, President, SAP Asia Pacific Japan. <\/p>\n
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\ncountries in Asia including Singapore, Malaysia, Indonesia, Philippines, India as well as in Africa with Rwanda and
\nKenya. With each trade, Proxtera envisions to offer a
\nhost of integrated digital tools and services that helps marketplaces,
\nplatforms and SMEs more quickly, access, evaluate and act on business
\nopportunities. The target is for SMEs to join the Proxtera network via
\nits eCommerce platform partners to benefit from access to enterprise buyers.
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