You Can Do It with the World’s Business Commerce Network
You have to spin a lot of plates when you’re a steward for the company’s value and brand. Like keeping a lid on costs, ensuring compliance, and managing financial and supply risks. And as your supply chain grows and your business processes are outsourced, you need to collaborate with more and more partners to keep those plates from crashing to the ground.
That’s why you’re seeing enterprises become networked. According to McKinsey, networked enterprises are 50 percent more likely than their peers to have increased sales, enjoy higher profit margins, gain market share, and be a market leader. That’s because when you’re networked, you can …
- eliminate the costs and risks associated with paper-based, redundant processes
- use an electronic supplier network and automated solutions to extend your ERP and back-office processes onto a single, cloud-based platform
- safely share information and insights with trading partners to buy smarter, sell faster, and manage cash more effectively
SAP Ariba, the marketplace for modern business, makes it possible with a suite of industry-leading solutions.
Gather your spend data from wherever it lives, classify it according to company and industry standards, then enrich it with D&B market intelligence for a comprehensive analysis of company-wide buying practices.
Automate all or part of your procure-to-pay process, regardless of your backend ERP, procurement, or spend-generating system. The “Best E-Procurement Solution” as recognized by Global Finance Magazine and a leading P2P suite for indirect procurement as evaluated by Gartner.
Rid yourself of the paper and ink and you can automate, standardize, and speed up the entire contract lifecycle. Manage any type of agreement for greater productivity and compliance.
Keep supplier information updated and accurate, managing all of your data on a single, web-based platform. You’ll find it far easier to monitor supplier performance, assess compliance, and manage supply risk.
SAP Ariba’s smart invoicing solution achieves 98 percent touchless processing; automates exception handling; and ensures procedural, contractual, and legal compliance, as well as the intricacies of VAT/tax compliance.
Collaborate with your suppliers to fully automate the process of offering, negotiating, and agreeing on early-payment terms.
Watch a Demo
You can get a pretty good idea of how SAP Ariba helps you accomplish all this by watching a short demo of our collaborative finance solutions.