The Global Fund is an international financing organization established in 2002 to fund the fight against AIDS, malaria and tuberculosis. SAP recently announced that SAP technology is helping the organization get a better understanding of how their financial investments are being used for disease prevention and treatment. Over a period of four years, SAP committed US$4million to the Global Fund. The Global Fund’s Innovative Coalition unites private sector organizations to tackle significant issues related to the organizations mission of fighting preventable and treatable diseases.
“SAP is all about helping organizations simplify complexity so they can do anything — and it doesn’t get more complicated than fighting persistent and deadly diseases around the world,” said Simon Paris, president of Industry Cloud, SAP. “By providing our technology innovation and leadership, we can help the Global Fund extend their reach and effectiveness. This partnership shows how technology can revolutionize the healthcare industry and save lives.”
The Global Fund acts essentially as a global public-private partnership that funds local organizations across 140 countries engaged in the fight against these three preventable and treatable diseases. In 2013, they disbursed US$3.9 billion worldwide, including private sector money generated by (RED), to create sustainable funding for the fight against AIDS in Africa. In addition to providing a charitable grant, SAP knew it could significantly increase its impact by contributing technology. With analytics technology and services from SAP, the Global Fund is now using grant management dashboards that provide greater visibility into programmatic, financial and management performance indicators, one of the organization’s biggest challenges.
“We would like to thank SAP for their tremendous support and collaboration to fight AIDS, TB and malaria,” said Mark Dybul, executive director, the Global Fund to Fight AIDS, Tuberculosis and Malaria. “We’re very excited about launching the innovation coalition and welcome the meeting this week in Berlin to engage with top German companies and government officials. SAP has demonstrated again its global leadership by creating new innovative solutions to improve the health of people around the world.”
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