BusinessOnCommunication Co., Ltd. (CEO Tae-Wan Noh, hereinafter referred to as BusinessOn) announced on the 28th that it has formed a strategic partnership with global ERP company SAP and is launching a full-scale attack on the SAP BTP (Business Technology Platform) market.
BusinessOn has achieved official SAP partner status based on its experience integrating with various ERP environments, including SAP ECC and S/4HANA. Through this partnership, BusinessOn plans to lower the barriers to adoption of SAP BTP for domestic companies and support easier utilization.
In particular, BusinessOn has launched the industry's first RAP (ABAP RESTful Application Programming Model)-based application aligned with SAP's Clean Core strategy, securing optimized responsiveness for the SAP cloud environment. By supporting flexible and scalable business innovation on Business Process Transformation (BTP), BusinessOn enables customers to operate their core ERP systems reliably and accelerate their digital transformation.
A BusinessOn representative stated, "Our partnership with SAP is a crucial turning point for us, moving beyond being the leading electronic tax invoice provider to becoming a key partner in the domestic BTP market." They added, "We currently offer an electronic tax invoice service optimized for the BTP environment, and we are also developing a value-added tax solution, and inquiries regarding this are continuing." They added, "We will strengthen our collaboration with SAP in the future to support our customers' ERP innovations."
BusinessOn is a leading B2B SaaS provider, providing essential services for core corporate business areas, from electronic document-based electronic tax invoices to finance, accounting, and electronic contracts. Its SmartBill service, SmartBill, is used by an average of 1.5 million businesses monthly and accounts for approximately 50% of domestic tax invoice issuance. Building on this foundation, BusinessOn offers a one-stop solution for all financial operations, including ear counting, value-added tax and withholding tax, firm banking, and electronic payments.
Additionally, BusinessOn has secured global corporations, big tech companies, and major corporations as its clients, and its SaaS-based service structure has led to high customer retention rates and increased recurring revenue, leading to sustained growth.
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