Steffen Diel
Head of Treasury Finance
SAP AG, Germany
- Industry:
- Systems supplier
- Annual turnover:
- €11.575bn
- Treasury staff:
- 20
- Treasury structure:
- Fully centralised
- TMS:
- Yes
- Cross-border pooling:
- Yes
- Cash rich or debt:
- Cash rich
Speaker profile
Steffen joined SAP AG as Head of Treasury Finance in April 2006, responsible for global financial risk management, capital market strategy, Treasury reporting, internal and external funding and bank relationship management & credit relations. Steffen was previously Head of Finance with IWKA AG, a German listed mid-cap plant engineering company, and before that worked at Deutsche Bank.
Corporate profile
SAP is one of the leading international providers of business software. SAP’s core business is selling licenses for software solutions. In addition the company offers related services like maintenance, consulting and training. SAP solutions cover standard business applications and technologies as well as specific industry applications which are designed to help companies to make their business processes more efficient and agile and create sustainable new value for its customers. As of June 30, 2010, the company had more than 100,000 customers in over 120 countries and employed more than 48,000 individuals at locations in more than 50 countries.
