Cognitus and Finext Announce Strategic Partnership to Enhance SAP Finance With SAP S/4HANA Implementations

UTRECHT, NETHERLANDS, March 14, 2024 - Cognitus, an SAP gold partner along with Finext, a prominent finance, and EPM consultancy, have declared a strategic alliance aimed at augmenting Enterprise Resource Planning (ERP) and Enterprise Performance Management (EPM) capabilities globally. The collaboration focuses on increasing the reliability, velocity, and efficiency of financial processes through SAP S/4HANA Cloud implementations.

René van der Zanden of Cognitus and Wim Heuvelman of Finext expressed their enthusiasm about the partnership, highlighting the combined strength of Cognitus' industry-tailored approach and Finext's proficiency in finance. They underscored the alliance's potential to address the challenges of skilled labor shortages and a complex compliance landscape by automating operations and fostering scalability with industry best practices.

The partnership is poised to offer significant advantages, including real-time visibility into regulatory requirements and optimized business outcomes for clients worldwide. An event, SAP Close Up 2024, is scheduled on May 23 in Delft, NL, where Cognitus and Finext will present exclusive insights into their collaborative efforts and best practices for cloud transformation.