Key Takeaways From SAP Spend Connect Live [Forbes]
Warner Music Group Corp. - Class A (WMG)
Company Research
Source: Forbes
This is the largest area of investment for the company outside of ERP. With that level of investment, one would expect an aggressive product buildout. At SAP Spend Connect Live, held October 14-16 in Las Vegas, SAP did make several significant product announcements. Spend Management Takeaways SAP continues to invest in using generative AI to improve the user experience. Their copilot-style solution is known as Joule. SAP is embedding its generative Joule across the SAP Ariba source-to-pay solution portfolio to make it easier for their customers to manage routine inquiries, such as status updates, summarization, and frequently asked questions. While SAP has had procurement analytics solutions, last year at Spend Connect Live, SAP announced the Spend Control Tower. This solution provides insights in a much easier way to digest. The Warner Music Group was an early adopter. Daniel Chapman, the senior director of process transformation for procure to pay at Warner Music, was a keynot
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WMG
News
- Warner Music Group Corp. Announces Quarterly Cash DividendGlobeNewswire
- Warner Music Group Corp. (NASDAQ: WMG) was upgraded by analysts at Citigroup Inc. from a "neutral" rating to a "buy" rating. They now have a $42.00 price target on the stock, up previously from $34.00.MarketBeat
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WMG
Earnings
- 2/6/25 - Beat
WMG
Sec Filings
- 2/14/25 - Form 4
- 2/14/25 - Form 144
- 2/14/25 - Form SCHEDULE
- WMG's page on the SEC website