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.
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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)
KOTZEBUE, Alaska (AP) — The low autumn light turned the tundra gold as James Schaeffer, 7, and his cousin Charles Gallahorn, 10, raced down a dirt path by the cemetery on the edge of town. Permafrost thaw had buckled the ground, tilting wooden cross grave markers sideways. The boys took turns smashing slabs of ice that had formed in puddles across the warped road.
Their great-grandfather, Roswell Schaeffer, 78, trailed behind. What was a playground to the kids was, for Schaeffer – an Inupiaq elder and prolific hunter – a reminder of what warming temperatures had undone: the stable ice he once hunted seals on, the permafrost cellars that kept food frozen all summer, the salmon runs and caribou migrations that once defined the seasons.
Now another pressure loomed. A 211-mile mining road that would cut through caribou and salmon habitat was approved by the Trump administration this fall, though the project still faces lawsuits and opposition from environmental and native groups. Schaeffer and other critics worry it could open the region to outside hunters and further devastate already declining herds. “If we lose our caribou – both from climate change and overhunting – we’ll never be the same,” he said. “We’re going to lose our culture totally.”
Still, Schaeffer insists on taking the next generation out on the land, even when the animals don’t come. It was late September and he and James would normally have been at their camp hunting caribou. But the herd has been migrating later each year and still hadn’t arrived – a pattern scientists link to climate change, mostly caused by the burning of oil, gas and coal. So instead of caribou, they scanned the tundra for swans, ptarmigan and ducks.
Caribou antlers are stacked outside Schaeffer's home. Traditional seal hooks and whale harpoons hang in his hunting shed. Inside, a photograph of him with a hunted beluga is mounted on the wall beside the head of a dall sheep and a traditional mask his daughter Aakatchaq made from caribou hide and lynx fur.
He got his first caribou at 14 and began taking his own children out at 7. James made his first caribou kill this past spring with a .22 rifle. He teaches James what his father taught him: that power comes from giving food and a hunter’s responsibility is to feed the elders.
“When you’re raised an Inupiaq, your whole being is to make sure the elders have food,” he said.
But even as he passes down those lessons, Schaeffer worries there won’t be enough to sustain the next generation – or to sustain him. “The reason I’ve been a successful hunter is the firm belief that, when I become old, people will feed me,” he said. “My great-grandson and my grandson are my future for food.”
These days, they’re eating less hunted food and relying more on farmed chicken and processed goods from the store. The caribou are fewer, the salmon scarcer, the storms more severe. Record rainfall battered Northwest Alaska this year, flooding Schaeffer’s backyard twice this fall alone. He worries about the toll on wildlife and whether his grandchildren will be able to live in Kotzebue as the changes accelerate.
“It’s kind of scary to think about what’s going to happen,” he said.
That afternoon, James ducked into the bed of Schaeffer’s truck and aimed into the water. He shot two ducks. Schaeffer helped him into waders – waterproof overalls – so they could collect them and bring them home for dinner, but the tide was too high. They had to turn back without collecting the ducks.
The changes weigh on others, too. Schaeffer’s friend, writer and commercial fisherman Seth Kantner grew up along the Kobuk River, where caribou once reliably crossed by the hundreds of thousands.
“I can hardly stand how lonely it feels without all the caribou that used to be here,” he said. “This road is the largest threat. But right beside it is climate change.”
Follow Annika Hammerschlag on Instagram @ahammergram.
The Associated Press receives support from the Walton Family Foundation for coverage of water and environmental policy. The AP is solely responsible for all content. For all of AP’s environmental coverage, visit https://apnews.com/hub/climate-and-environment
Roswell Schaeffer, an Inupiaq hunter and fisher, takes his great-grandson James Schaeffer, 7, and James' cousin Charles Gallahorn, 10, hunting in Kotzebue, Alaska, Friday, Sept. 26, 2025. (AP Photo/Annika Hammerschlag)
James Schaeffer, 7, plays with a slab of ice taken from a pond that formed on a warped road caused by thawing permafrost in Kotzebue, Alaska, Friday, Sept. 26, 2025. (AP Photo/Annika Hammerschlag)
Charles Gallahorn, 10, plays with a slab of ice taken from a pond that formed on a warped road caused by thawing permafrost in Kotzebue, Alaska, Friday, Sept. 26, 2025. (AP Photo/Annika Hammerschlag)
Charles Gallahorn, 10, plays with a slab of ice taken from a pond that formed on a warped road caused by thawing permafrost in Kotzebue, Alaska, Friday, Sept. 26, 2025. (AP Photo/Annika Hammerschlag)
James Schaeffer, 7, looks out at a view of Kotzebue, Alaska, Friday, Sept. 26, 2025. (AP Photo/Annika Hammerschlag)
James Schaeffer, 7, plays on a road where thawing permafrost has caused the ground to warp in Kotzebue, Alaska, Friday, Sept. 26, 2025. (AP Photo/Annika Hammerschlag)
James Schaeffer, 7, plays on a road where thawing permafrost has caused the ground to warp in Kotzebue, Alaska, Friday, Sept. 26, 2025. (AP Photo/Annika Hammerschlag)
James Schaeffer, 7, hunts in Kotzebue, Alaska, Friday, Sept. 26, 2025. (AP Photo/Annika Hammerschlag)
Roswell Schaeffer, an Inupiaq hunter and fisher, helps his great-grandson James Schaeffer, 7, into waders while hunting Friday, Sept. 26, 2025. (AP Photo/Annika Hammerschlag)
Roswell Schaeffer, an Inupiaq hunter and fisher, looks over caribou antlers from past hunts at his home in Kotzebue, Alaska, Friday, Sept. 26, 2025. (AP Photo/Annika Hammerschlag)
James Schaeffer, 7, hunts in Kotzebue, Alaska, Friday, Sept. 26, 2025. (AP Photo/Annika Hammerschlag)
James Schaeffer, 7, runs through a cemetery where thawing permafrost has caused grave markers to tilt and the ground to warp in Kotzebue, Alaska, Friday, Sept. 26, 2025. (AP Photo/Annika Hammerschlag)
Roswell Schaeffer, an Inupiaq hunter and fisher, visits the cemetery where thawing permafrost has caused grave markers to tilt in Kotzebue, Alaska, Friday, Sept. 26, 2025. (AP Photo/Annika Hammerschlag)
Roswell Schaeffer, an Inupiaq hunter and fisher, helps his great-grandson James Schaeffer, 7, scope ducks while hunting in Kotzebue, Alaska, Friday, Sept. 26, 2025. (AP Photo/Annika Hammerschlag)
