To kick off the week, Oracle announced the general availability of Oracle Construction and Engineering Advisor for Safety. Then, SAP announced the evolution of its SAP Services and Support portfolio. Finally, ECI Software Solutions acquired Drypowder, a financial technology company focused on modernizing accounts receivable, billing, and digital payments for the building materials and construction industries.
To kick off the week, Oracle announced the general availability of Oracle Construction and Engineering Advisor for Safety. Then, SAP announced the evolution of its SAP Services and Support portfolio. Finally, ECI Software Solutions acquired Drypowder, a financial technology company focused on modernizing accounts receivable, billing, and digital payments for the building materials and construction industries.
Hi and welcome to episode 228 of The ERP Minute. I’m your host, Rebekah McCabe.
To kick off the week, Oracle announced the general availability of Oracle Construction and Engineering Advisor for Safety, an AI-enabled predictive intelligence solution that transforms safety management. With the offering, construction firms can better forecast project safety incidents to proactively prevent accidents, and support safer, more cost-effective jobsites. Advisor for Safety utilizes an Oracle built, industry-specific safety model trained on data spanning the equivalent of 10,000+ project-years representing diverse project types and locations. It takes a proactive approach by offering weekly risk forecasts, actionable risk mitigation, observation-based safety, and cross-project analytics. This release streamlines the development of safety programs, regardless of current processes, ensuring businesses can make actionable, informed decisions in a fraction of the time to ensure employee safety.
In other news, SAP announced the evolution of its SAP Services and Support portfolio, introducing a streamlined, tiered engagement model designed to help businesses achieve greater transparency, speed, and flexibility in their transformation journeys. The reimagined portfolio, which includes the Foundational Success Plan, Advanced Success Plan, and Max Success Plan tiers, addresses the increasing need for organizations to adapt quickly to market changes, adopt AI-driven innovations, and support business continuity. Each success plan offers clearly defined tiers of engagement, ranging from self-guided resources and proactive support to strategic and personalized partnership with dedicated experts. With this approach, SAP customers can receive the support they need in order to achieve success through SAP expertise.
Finally, ECI Software Solutions acquired Drypowder, a financial technology company focused on modernizing accounts receivable, billing, and digital payments for the building materials and construction industries. This acquisition accelerates ECI’s vision of delivering intelligent, embedded financial workflows across its industry-specific ERP platforms, helping customers improve the full invoice-to-cash lifecycle. Drypowder enhances EI’s payments offering with two integrated solutions: Vault, a digital customer payment platform, and Homebase, an AR operations hub. Through the acquisition, customers will benefit from specialized functionality meant to meet their unique, complex needs associated with the building materials and construction industries.
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