Beijing, China, August 24, 2016 – SAP today announced that SAP Ariba, the world’s largest B2B network, intends to make its cloud-based procurement applications available in China by the end of 2016. The move will enable Chinese businesses to discover, connect and collaborate with trading partners through a single digital marketplace to simplify business commerce. The announcement was made at the SAP Select held in Beijing today.
“The world is in the midst of a digital transformation and China is at the forefront,” said Alex Atzberger, president, SAP Ariba. “We look forward to bringing the world's leading cloud procurement solution to customers in China to speed their journeys and help them drive innovation and growth.”
SAP Ariba is the marketplace for digital business, creating simple, intelligent exchanges between millions of buyers and suppliers. Using SAP Ariba’s comprehensive range of cloud-based applications, companies can redefine the source-to-settle process and transform their business. Buyers, for instance, can efficiently create intelligent connections with millions of suppliers and build a dynamic, healthy supply chain. And sellers can create profitable connections with buyers who are ready to buy and efficiently manage both their sales cycle and cash flow.
“As e-commerce continues to take hold in China, SAP Ariba provides a simple, open and smart way for Chinese companies to manage everything from contracts to payments all in one place,” said Mark Gibbs, Global Senior Vice President of SAP SE and President of SAP Greater China. “SAP Ariba’s market-leading solutions remove the complexity from business commerce and we believe they will enable Chinese customers to gain a competitive advantage in the digital marketplace.”
Nowadays, China is experiencing growing demand for efficient solutions for businesses to better manage operations and connect with trading partners. Enterprises across China are increasingly placing digital processes at the core of their business. SAP Ariba will provide Chinese customers a powerful digital platform to manage their commerce activities from end to end.
More than 2 million companies – including over 500,000 in Asia - use SAP Ariba’s solutions to connect and collaborate around nearly one trillion in commerce on an annual basis. To learn more about SAP Ariba’s solutions and the value they can deliver, visit www.ariba.com
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About SAP Ariba
SAP Ariba is how companies connect to get business done. On the Ariba Network, buyers and suppliers from more than two million companies and 190 countries discover new opportunities, collaborate on transactions and grow their relationships. Buyers can manage the entire purchasing process, while controlling spending, finding new sources of savings and building a healthy supply chain. And suppliers can connect with profitable customers and efficiently scale existing relationships – simplifying sales cycles and improving cash control along the way. The result is a dynamic, digital marketplace, where more than $1 trillion in commerce gets done every year. To learn more about SAP Ariba, visit 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 approximately 320,000 customers to operate profitably, adapt continuously, and grow sustainably. For more information, visit www.sap.com.
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