Businesses Flock to Ariba to Simplify Commerce
More than two-thirds of Global 2000 connect to world’s business network to streamline processes, boost productivity and performance
SUNNYVALE, Calif., February 17, 2015 – Social networks have made it easier than ever for us to shop, share and consume. Companies want this same simplicity. And with increasing frequency, they are turning to Ariba, an SAP SE (NYSE:SAP) to enable it. More than 1.7 million companies, including two-thirds of those on the 2014 Forbes Global 2000 list, are connected to the Ariba® Network. And a new company is added every 13 minutes. In 2014 alone, 200,000 selling organizations joined the network, where more than $700 billion in commerce is transacted on an annual basis. What’s driving their adoption?
“Today’s businesses demand higher levels of agility and knowledge frameworks,” said Chakib Bouhdary, President, Ariba. “And the only way to enable this is through dynamic communities that connect you with the applications, intelligence and partners you need to discover, connect and collaborate in the simplest possible way.”
A new IDC white paper sponsored by Ariba, “Business Networks: The Next Wave of Innovation (February 2015),” supports this notion. “Business networks are forming a new framework for productivity and value creation," said Michael Fauscette, Group Vice President of Software Business Solutions for IDC, and author of the white paper. “Leveraging the ubiquitous connectivity and free flow of information that networks provide, companies can communicate and collaborate in massively scalable ways that drive innovation and competitive advantage.”
Consumerizing Business Commerce
Every day, billions of consumers around the world tap into networks like Facebook, Uber and Amazon. Why? Because they make things easy. Facebook, for instance, has created the world’s largest network of personal connections. Amazon offers the world’s largest and most convenient network for personal shopping. Everything needed to manage your life is in these networks – there’s no need to leave them to make things happen.
The same is true for business networks. With a few clicks, companies can manage all of their resources, processes and spend in the simplest possible way. In particular, Fauscette says, “Networks create a high-performance platform for buyers and suppliers to build collaborative relationships and execute in more efficient and effective ways.”
Innovative companies of all sizes are using Ariba to do just this.
“Connecting to the Ariba Network has really streamlined the whole business process for us,” said Brady Seiberlich, IT eProcurement Manager for National Business Furniture (NBF), a provider of office furniture and equipment to large and small businesses, government institutions, healthcare facilities and educational organizations. “Through the network, we can quickly and easily flip and acknowledge orders and invoice customers as soon as they ship in a completely automated way. And this has not only eliminated errors, but led to faster payments”
Perhaps more important, it has enabled NBF to become a more strategic partner. Leveraging transaction data and other intelligence available on the network, the company is transforming the way its customers buy, helping them to maximize their spend and drive a standard, compliant process for purchasing that delivers savings and efficiencies.
“We were seeing a lot of rogue purchases from branches of larger companies,” Seiberlich said. “We knew we could help them with this if we could get them connected to the Ariba Network where all of their purchases can be managed in one place.”
This, says Bouhdary, is the future of business commerce. “The 21st century enterprise cannot achieve its cost, revenue and cash flow goals without being connected. Empowered by business networks, companies will effectively organize resources and optimize collaboration across the supply chain to achieve new levels of innovation, efficiency, and agility.”
About Ariba, an SAP Company
Ariba is the world’s business commerce network. Ariba combines industry-leading cloud-based applications with the world's largest web-based trading community to help companies discover and collaborate with a global network of partners. Using the Ariba® Network, businesses of all sizes can connect to their trading partners anywhere, at any time from any application or device to buy, sell and manage their cash more efficiently and effectively than ever before. Companies around the world use the Ariba Network to simplify inter-enterprise commerce and enhance the results that they deliver. Join them at: www.ariba.com
As market leader in enterprise application software, SAP (NYSE: SAP) helps companies of all sizes and industries run better. From back office to boardroom, warehouse to storefront, desktop to mobile device – SAP empowers people and organizations to work together more efficiently and use business insight more effectively to stay ahead of the competition. SAP applications and services enable more than 282,000 customers to operate profitably, adapt continuously, and grow sustainably. For more information, visit www.sap.com.
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