Michael Killen to Tell 1,000 SAP Customers the World Badly Needs Electronic Billing Right Now

Business Wire, June 5, 2001

Business Editors/High-Tech Writers

PALO ALTO, Calif.--(BUSINESS WIRE)--June 5, 2001

Michael Killen, Chairman of Killen & Associates, will address 1,000 decision makers attending the mySAP Financials Conference in Basel, Switzerland on June 25, stating that they need to upgrade their financial supply chain (FSC) processes with electronic billing/invoicing and payment solutions now. In the speech, entitled "Optimizing the Financial Supply Chain Through Electronic Bill/Invoice Presentment and Payment," he will state that SAP customers worldwide need to simultaneously cut costs and upgrade their "customer to cash" and their "procure to pay" processes now. For additional information on the mySAP Financials Conference, go to http://www.sap.com/financials/empowering-finance/.> About SAP

SAP is the world's leading provider of e-business software solutions. Through the mySAP.com(R) e-business platform, people in businesses around the globe are improving relationships with customers and partners, streamlining operations, and achieving significant efficiencies throughout their supply chains. Today, more than 13,000 companies in over 100 countries run more than 30,000 installations of SAP(R) software. With subsidiaries in over 50 countries, the company is listed on several exchanges including the Frankfurt stock exchange and NYSE under the symbol "SAP." (Additional information at http://www.sap.com)

About Killen & Associates, Inc.

Michael Killen, Chairman of Killen & Associates, has hosted more than 400 WebCast/TV interviews with executives worldwide. His programs can be viewed at http://www.killen.com/insights. He is the author of five books.

Killen & Associates is the leading analyst advising major corporations on the impact of emerging solutions such as Electronic Bill Presentment & Payment (EBPP) and Electronic Invoice Presentment & Payment (EIPP) on the financial supply chain. Decision makers around the world utilize the company's Business Intelligence and Strategic Communications Subscription Service and watch the company's WebCasts to make wise decisions. Offices - Palo Alto, California; Richmond, Surrey, UK; and Zurich, Switzerland. Website: http://www.killen.com