Arc Global
About Ariba
In today’s procurement and supply chain environment, the sheer volume of product transactions, wide logistical networks, changing contract structures, and industry regulations make procurement and financial supply chain management one of the most complex segments for cost management.
SAP Ariba
Challenges
Forward−thinking businesses have been increasingly realizing the wide scope for cost containment in logistics and the far−reaching benefits of effective supplier relationship management in overcoming business challenges like the following:
Ineffective working capital management
Frequent budget overruns
Wide gap between buyer and supplier
High internal costs and last minute spends
Uncontrollable procurement and accounts payable costs
Lack of trust and reliability
Benefits of SAP Ariba
1.
Seamless end−to−end business processes through holistic integration with SAP ERP and other software suites
2.
Digital transformation of your procure−to−pay and order−to−cash cycles, including supplier and purchaser user experience
3.
Streamlining and transparency of sourcing and cash control
4.
Device−independent and remote−access capabilities through cloud hosting
5.
Significant reduction of processing costs and budget overruns
6.
Increased compliance and standardization
7.
Objective identification of new and ethical ways to maximize savings and re−invest profits
8.
Gain access to the Ariba Network with more than 4 million connected companies
Core Functionalites
Next-Gen Capabilities
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Intelligent spend management, advanced analytics, optimization, and simulation capabilities to monitor and contain costs
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Custom forms and “touchless” functionality to streamline invoicing processes
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End−to−end automation that strengthens operations, reduces errors and improves transactional processing
Security and Risk Management
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Three−tiered supplier vetting process and network−generated insights to mitigate risks
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Risk exposure monitoring and assessment
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Advanced built−in security and configurable access control
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Engagement−level inherent, residual risk calculations and mitigation
Comprehensive supplier Management
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Leverage the world’s largest business network connecting 3.8 million companies across 190 countries
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360−degree supplier view
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Single−window supplier registration and sign−on
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Advanced matrix−level configurability for reporting, supplier segmentation, development, and lifecycle performance management
What does it include?
SAP Ariba includes digital procurement, supply chain, and business networking solutions for the modern enterprise.
SAP Ariba provides comprehensive solutions to automate and simplify procurement, fulfilment and financial, and supply chain management.
As the industry leader in spend management, SAP Ariba provides a smart, simplified, and complete approach to the source−to−settle cycle. With an integrated platform and software, SAP Ariba is the global leading presence in procurement, invoicing, & supplier buyer networking domains.
Other Features
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A modular approach that can be tailored to your specific business model
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Complete integration with third−party systems like SAP ERP, with 2−way synchronization
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Extensive SAP Ariba resources and on−demand expert advice to strategize and support your digital transformation
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Ready−made toolkits for easy master and transactional data migration and integration