The platform also connects businesses to the Ariba Network, a digital marketplace that enables buyers and suppliers to collaborate on transactions and discover new business opportunities. SAP Ariba is an innovative cloud solution enabling business transactions to. SAP Ariba integrates with SAP S/4 HANA to centralizes all spending and financial information for further spend analysis.
End-to-end spend management capabilities help businesses make more informed sourcing decisions, cut costs and risks, automate invoice capture/approval workflows, and provide suppliers payment visibility.
With SAP Ariba intelligent spend management solutions, businesses can incorporate comprehensive transaction data and connect business processes to reduce transactional spending and guide employees to buy from the right suppliers, effectively helping businesses manage costs and payments. In early 2004, Ariba acquired FreeMarkets which gave the company a software package in the upstream (sourcing) of the sourcing process. SAP Ariba offers spend management, supplier management, sourcing, procurement, and financial supply chain solutions that aid in payables automation, contract lifecycle management, vendor management, supplier risk management, and more. Focused on streamlining source-to-pay operational processes, SAP Ariba provides e-procurement and supply chain management solutions that enable growing, medium-sized, and large companies to achieve end-to-end digital transformation.
0 kommentar(er)
