Raistone is proud to be an SAP Pinnacle Awards 2022 Finalist in the Business Network category, reflecting our success in providing fast, easy access to working capital to businesses that utilize SAP solutions. The distinction places Raistone among just 30 companies selected from more than 20,000 accredited partners in the broader SAP ecosystem.
The SAP Pinnacle Awards acknowledge the contributions of leading SAP partners that have excelled in developing and growing their partnership with SAP and helping customers meet their goals. Finalists were chosen based on recommendations from SAP, customer feedback, and performance indicators.
“Raistone’s partnership with SAP got off to an incredible start in 2021, and the trajectory has only grown since, serving as a true testament to the power and potential of our collaboration,” said Andrew Jesse, Raistone Head of Global Alliances. “With Raistone, it’s easier than ever for companies using the SAP Business Network to get paid today instead of weeks or months later.”
For businesses like Todd’s IT of Peoria, Ill., one of the key advantages of working with Raistone is native integration with SAP, offering companies access to powerful financial tools within the platforms they already use.
“What Raistone offers is a fantastic product — every small- and medium-sized business should be using it,” said Todd Giardina, CEO of Todd’s IT. “It’s like a day and night difference for us on cashflow. So instead of having all of this money sit out in this pipeline days and weeks out, we’re getting it the same week.”
In the first four months of the availability of SAP Supplier Financing, Raistone and SAP saw a 1,400% increase in demand. With real-time API integration, Raistone simplifies underwriting and facilitates lower pricing, providing billions of dollars in funding to businesses every year with the help of valued partners like SAP.
Raistone enables the largest enterprise software firms in the world to deploy working capital finance tools to their millions of users with a proprietary set of easy-to-use application programming interfaces, allowing them to get up and running in a matter of weeks. Working capital facilities with Raistone range in size from $50,000 to more than $500 million.