Wal-Mart, the world's biggest retailer, is to replace its in-house accounting systems with SAP's enterprise resource planning Financials package in 7,100 stores in 14 countries. The first phase is due to finish in 2010.
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A Wal-Mart spokesman said the retailer, which is engaged in a £3bn international expansion programme, will replace in-house accounting systems that are "too unwieldy for the global, complex world the company is moving into".
He said, "The timing is right because there are limits to what we can do in 14 countries with the legacy systems. The SAP system is a superior tool for the future."
The accounting package will have to work with existing systems in Wal-Mart, such as logistics and store management.