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Applexus Nexim Co-Innovation With Sap Project

Applexus Technologies’ Export Import Solution, nEXIM successfully renews the Co-Innovation Status with SAP project

Seattle,WA - Nov 6 2020: Applexus Technologies today announced that its end-to-end add-on to SAP EXIM solution, nEXIM successfully completed the 3rd renewal of Co-Innovation Status with SAP project. The Renewal Completion Letter was achieved after the solution successfully passed the assessment activities for functional and non-functional tests, along with the software integration certification offered by the SAP Partner Innovation Lifecycle Services (PLS).

Although several export and import transactions were managed by the standard SAP solution, it could integrate couple of advanced features when it came to documentation, financial transactions and a few other key trade process operations. In order to bridge these gaps and provide a comprehensive solution that caters to SAP EXIM users in India & MENA, Applexus co-innovated the standard solution along with SAP to optimize and strengthen it in the areas of licensing, letter of credit management, paperwork, logistics investment, as well as bonds and bank guarantee.

Transforming the way businesses conduct their foreign trade business transactions, nEXIM enables automated transactions with payment instruments like LC, bonds and bank guarantee and offers increased visibility into the Export-Import operations by capturing available data from SAP and reporting on key indicators.

“We are delighted to announce that Applexus ’export import add-on solution, nEXIM has successfully completed its 3rd renewal with SAP PLS,” said Sam Mathew, CEO, Applexus Technologies.  “We are proud to have been a part of the co-innovation lab program and are committed to extending the business community with more innovative solutions like nEXIM, leveraging our relationship with SAP.”
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About Applexus

Applexus is a global technology leader offering business consulting and SAP services to customers in the retail, fashion, and consumer products industries. Applexus specializes in delivering on the promise of the intelligent enterprise through transformative business solutions on SAP S/4HANA. Headquartered in Seattle, Washington, Applexus operates out of centersin USA, Canada, the United Kingdom, the Middle East, and India.