Vistex, Inc., a Hoffman Estates, IL-based provider of solutions for businesses to take control of their mission-critical processes, received an equity investment from SAP SE (NYSE: SAP).
The amount of the deal was not disclosed.
Led by Sanjay Shah, Founder & CEO, Vistex is an industry leader enabling progressive companies to further enable sales and marketing while reducing risk, accelerating digital transformation, and helping to future-proof their SAP investments. Vistex solutions are sold as SAP Solution Extensions. The company’s software manages mission-critical programs, including pricing, trade, royalties and incentives, as part of the enterprise management system. Its solutions run inside or alongside SAP Business Suite applications, as well as SAP S/4HANA®, offering real-time insights into program performance.
The company has a successful track record of deploying solutions for hundreds of customers across a variety of verticals including consumer products, wholesale distribution, retail, life sciences, high tech, media and entertainment, industrial manufacturing, chemicals and automotive.