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Posted on ZDNet News: Oct 1, 2007 11:44:00 AM

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SAP said it launched SAP Integration Package, a software that enables SAP ERP (enterprise resource planning) to communicate directly with SWIFTNet, the IP-based messaging platform connecting financial institutions worldwide.

The package solves complex electronic payment problems faced by many multinational corporations, the company said in a statement. The package for SWIFT (Society for Worldwide Interbank Financial Telecommunication) will generally be available at the end of 2007, the company said in a statement.

Story Copyright © 2007 Reuters Limited. All rights reserved.

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