Cost Management Insights: SG&A Expenses for SAP SE and Manhattan Associates, Inc.

Navigating SG&A Expenses: A Tale of Two Companies

In the ever-evolving landscape of corporate finance, managing Selling, General, and Administrative (SG&A) expenses is crucial for maintaining profitability. This analysis delves into the SG&A expenses of two industry giants: SAP SE and Manhattan Associates, Inc., from 2014 to 2023.

SAP SE, a leader in enterprise software, has seen its SG&A expenses grow by approximately 89% over the decade, peaking in 2022. This reflects its strategic investments in global expansion and innovation. Meanwhile, Manhattan Associates, Inc., a key player in supply chain solutions, experienced a 71% increase in SG&A expenses, highlighting its focus on scaling operations and enhancing customer engagement.

Interestingly, 2023 marks a year of divergence, with SAP SE's expenses dipping, while Manhattan Associates continues its upward trajectory. This trend underscores the dynamic nature of cost management strategies in response to market demands and economic conditions.