SAP AG landed the prestigious turnkey contract from the Indian Navy for implementing an enterprise-wide central online financial information system (FIS).

The Indian Navy needed to effectively and efficiently manage and control naval budgets and make timely decisions from the voluminous financial information available across multiple locations in the country. The project is expected to go live by September 2011. Indian Navy will seek to unify its business processes and automated financial information systems to lower overall maintenance costs, improve management decision-making and resource management, and enhance combat readiness.

SAP secured the contract through an open product agnostic tender scenario. System integrator Wipro participated in the tender and quoted SAP software as the best-fit solution that met the Indian Navy requirements, followed by an elaborate technical evaluation process.In tune with the Indian Navy’s vision to be a “Power-Packed Force for a Strong Nation,” SAP will leverage its global best practices to help the organization.