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Xerox selects BearingPoint’s leasing solution for its global enterprise architecture

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Xerox selects BearingPoint’s leasing solution for its global enterprise architecture
News

News

Xerox selects BearingPoint’s leasing solution for its global enterprise architecture

2025-02-25 16:00 Last Updated At:16:10

AMSTERDAM--(BUSINESS WIRE)--Feb 25, 2025--

Management and technology consultancy BearingPoint has announced today that Xerox has chosen the firm’s leasing solution as part of its enterprise architecture transformation. By choosing BearingPoint’s leasing solution, Xerox is adopting a clean core approach to streamline operations across markets and business processes. With the integration of Lease&Rent and Assets&Funding to complement SAP S/4HANA Cloud, Xerox aims to reduce IT costs, standardize global processes, and significantly simplify its application landscape. This transformation will enable Xerox to respond faster to the growing demand for leasing offerings in the market.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250225107811/en/

Based in the United States, Xerox is a prominent global player in digital print technology and related solutions. Its diverse clientele ranges from small and mid-sized clients to printing production companies, governmental entities, educational institutions and Fortune 1000 corporations. In 2023, Xerox embarked on a significant transformation, shifting to a services-led, software-enabled organization as part of its Reinvention aimed at reshaping its revenue streams and ensuring sustainable profitability.

Xerox is partnering with global enterprise software leader SAP on the largest IT transformation program in the company’s history and BearingPoint will play a crucial part. Being fully aligned to SAP’s Clean Core strategy, BearingPoint’s leasing solution was exactly what Xerox was looking for.

Mirlanda Gecaj, Chief Financial Officer, Xerox: “By integrating BearingPoint’s leasing solution into our enterprise architecture, Xerox is taking a significant step in our Reinvention. The partnership will help streamline our processes, reduce IT costs and enable us to respond swiftly to the increasing demand for lease offerings. With this partnership, we are poised to enhance our global operations and deliver value to our clients.”

Xerox will leverage several key functionalities, including the Leasing Pricing Engine, Leasing Contract Lifecycle Management, Asset-Based Funding Management, and Lease Accounting integration. Built on SAP Business Technology Platform (SAP BTP) and seamlessly integrated with S/4 HANA and SAP CPQ, BearingPoint’s solution will complete Xerox’s target architecture, fully powered by SAP technology.

Donald Wachs, Global Leader BearingPoint Products: “By choosing BearingPoint’s ‘Equipment-as-a-Service’ (EaaS) platform, Xerox is making an important step to become more efficient while handling a growing demand for leasing offerings. Our cloud-based enterprise solution from SAP will be pivotal in Xerox's transition to a new operating model, placing the customer at the center and shifting to a global system. BearingPoint’s Lease&Rent allows Xerox to offer various leasing options and comply with local regulations. With our module Assets&Funding, Xerox’s treasury department will be able to leverage automation and improve KPIs directly impacting the company’s profitability. Entirely built on SAP Business Technology Platform and utilizing SAP Fiori launchpad technology, users will work with a unified user interface across systems.”

About BearingPoint

BearingPoint is an independent management and technology consultancy with European roots and a global reach. The company operates in three business units: Consulting, Products, and Capital. Consulting covers the advisory business with a clear focus on selected business areas. Products provides IP-driven digital assets and managed services for business-critical processes. Capital delivers M&A and transaction services.

BearingPoint’s clients include many of the world’s leading companies and organizations. The firm has a global consulting network with more than 10,000 people and supports clients in over 70 countries, engaging with them to achieve measurable and sustainable success.

BearingPoint is a certified B Corporation, meeting high standards of social and environmental impact.

For more information, please visit:

Homepage: www.bearingpoint.com
Lease&Rent: https://bearingpoint.services/lease-and-rent/en/
LinkedIn: www.linkedin.com/company/bearingpoint

With the integration of BearingPoint’s solution as part of its enterprise architecture transformation, Xerox aims to reduce IT costs, standardize global processes, and significantly simplify its application landscape. (Graphic: Business Wire)

With the integration of BearingPoint’s solution as part of its enterprise architecture transformation, Xerox aims to reduce IT costs, standardize global processes, and significantly simplify its application landscape. (Graphic: Business Wire)

STARKE, Fla. (AP) — An Army combat veteran whose Gulf War experience triggered severe mental problems was executed Thursday evening in Florida for the 1998 shotgun slayings of his girlfriend and her three young children.

Jeffrey Hutchinson, 62, was pronounced dead at 8:15 p.m. following a lethal injection at Florida State Prison near Starke. He was the fourth person executed this year in the state under death warrants signed by Gov. Ron DeSantis, with a fifth execution set for May 15.

Hutchinson had no last statement but appeared to be mumbling to himself as the procedure started just before 8 p.m. His legs shook sporadically, and he seemed to have body spasms for several minutes and then was still. The process took a little more than 15 minutes.

The execution was carried out soon after the U.S. Supreme Court rejected a final appeal without comment.

Hutchinson had long claimed that he was innocent and that two unknown assailants perpetrated the killings under a U.S. government conspiracy aimed at silencing his activism on claims including Gulf War illnesses involving veterans. Hutchinson served eight years in the Army, part of it as an elite Ranger.

Court records, however, showed that on the night of the killings in Crestview, Hutchinson argued with his girlfriend, 32-year-old Renee Flaherty, then packed his clothes and guns into a truck. Hutchinson went to a bar and drank some beer, telling staff there that Flaherty was angry with him before leaving abruptly.

A short time later, a male caller told a 911 operator, “I just shot my family” from the house Hutchinson and Flaherty shared with the three children: 9-year-old Geoffrey, 7-year-old Amanda, and 4-year-old Logan. All were killed with a 12-gauge shotgun that was found on a kitchen counter. Hutchinson was located by police in the garage with a phone still connected to the 911 center and gunshot residue on his hands.

Darran Johnson, the brother of Renee Flaherty, said after the execution that justice was done but the family’s pain will never end.

“Not a day goes by that we don’t think about the loved ones that were taken from us,” Johnson said.

At his 2001 trial, Hutchinson’s defense was based on his claim that two unknown men came to the house and killed Flaherty and the children after he struggled with them. A jury found him guilty of four counts of first-degree murder, and he received life in prison for Flaherty’s killing and three death sentences for the children.

Hutchinson filed numerous unsuccessful appeals, many focused on mental health problems linked to his Army service. In late April his lawyers sought to delay his execution by claiming he was insane and therefore could not be put to death.

Bradford County Circuit Judge James Colaw rejected that argument in an April 27 order.

“This Court finds that Mr. Hutchinson’s purported delusion is demonstrably false. Jeffrey Hutchinson does not lack the mental capacity to understand the reason for the pending execution,” the judge wrote.

In their court filings, Hutchinson’s lawyers said he suffered from Gulf War Illness — a series of health problems stemming from the 1990-1991 war in Iraq — as well as post-traumatic stress disorder and paranoia related to his claim that he was targeted by government surveillance.

Florida’s lethal injection protocol uses a sedative, a paralytic and a drug that stops the heart, according to the state Department of Corrections.

So far this year, 15 people have been put to death in the U.S. including Hutchinson.

A fifth Florida execution is scheduled May 15 for Glen Rogers, who was convicted of killing a woman at a motel in 1997. Rogers also was convicted of another woman’s murder in California and is believed by investigators to have killed others around the country.

FILE - This image provided by the Florida Department of Corrections shows Jeffrey Hutchinson. (Florida Department of Corrections via AP, File)

FILE - This image provided by the Florida Department of Corrections shows Jeffrey Hutchinson. (Florida Department of Corrections via AP, File)

This image provided by the Florida Department of Corrections shows Jeffrey Hutchinson. (Florida Department of Corrections via AP)

This image provided by the Florida Department of Corrections shows Jeffrey Hutchinson. (Florida Department of Corrections via AP)

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