The oil and gas industry is experiencing tremendous change and pressure from external and internal factors. Companies are operating within a new normal of
- Lower oil and gas prices
- Greater regulatory, safety, and compliance requirements
- A hostile media and environmental arena
At the same time, companies are expected to provide a growing global population with energy solutions. This calls for new business models and internal processes.
Better procurement and spend management need to be part of those models and processes.
Download this brief for an overview of how SAP Ariba spend management, source-to-contract, and MRO solutions can help oil and gas companies meet the challenges they face.