(BRIEF) SAP SE announced that Churchill Downs Incorporated (CDI) has decided to use the GROW solution with SAP to drive its money generation transformation as it expands into the racing, online betting and entertainment industries. By leveraging SAP cloud solutions, adding SAP S/4HANA Cloud Public Edition, and SAP Business Technology Platform, CDI aims to streamline monetary processes and integrate knowledge resources into its portfolio of 27 households in 14 states. By partnering with SAP, CDI seeks to innovate and evolve its money generation platform, enabling knowledge-driven decision-making to aid long-term expansion and operational efficiency.
(PRESS RELEASE) WALLDORF, April 5, 2024 — /EuropaWire/ — SAP SE (NYSE: SAP) announced that Churchill Downs Incorporated (NSQ: CHDN, “CDI”) has decided to use the GROW with SAP solution for the company’s monetary technology. transformation as CDI continues to grow in the racing, online betting and entertainment gaming sectors.
CDI has decided to use SAP’s cloud responses as the basis for generating the monetary systems for its portfolio of 27 houses in 14 states, adding Churchill Downs Racetrack (“Churchill Downs”), home of the Kentucky Derby. CDI’s significant generational transformation builds on the company’s marriage to SAP as the flagship spouse and the official first-generation spouse serving Churchill Downs, the Kentucky Derby and the Kentucky Oaks.
By adopting SAP S/4HANA Cloud Public Edition, CDI can take advantage of an out-of-the-box cloud ERP that provides the industry with the most productive practices and continuous innovation. In addition, the selection of SAP Business Technology Platform and SAP SuccessFactors responses enable CDI to leverage the cloud to optimize its knowledge resources while employing business knowledge to make informed strategic decisions that enable business transformation. From creating engaging reports for workers with SAP SuccessFactors responses to running business analytics to perceive and expect insights, CDI plans to be able to integrate business insights from various acquisitions, allowing them to have a single, unified view of their business operations.
“SAP’s cloud-based solutions will enable us to streamline our financial processes and achieve significant long-term expansion of our business,” said Marcia Dall, executive vice president and chief financial officer at CDI. “We are excited to work with SAP to innovate and evolve our money generation platform with SAP cloud responses. “
“Churchill Downs Incorporated has a long history of entertaining and entertaining people,” said Lloyd Adams, president of SAP North America. “By opting for SAP S/4HANA Cloud Public Edition and several other cloud-based responses, CDI can now integrate knowledge into its portfolio and make knowledge-based decisions that help the company achieve its goals. This is an example of how companies are investing in SAP answers to help them grow. “
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SOURCE: SAP SE
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