Standard Chartered’s collaboration with SAP Ariba will make financial supply chain solutions more accessible to clients through their procure-to-pay lifecycles, further driving commerce and prosperity across the world’s most dynamic markets.
Buyers using Ariba Network will be able to seamlessly manage their payments and supply chain finance needs within the platform, while suppliers will get quicker access to financing and foreign exchange via Standard Chartered’s global network. The collaboration is intended to accelerate the digitalization of the entire supply chain, improving efficiency, transparency, and accuracy for buyers and suppliers alike.
Partnership Type: Financial Ecosystem Partner
Availability: Buyers globally can support their Ariba Network suppliers with a supply chain finance solution. Suppliers in the Asia-Pacific Japan region only can take advantage of a receivables financing solution.
Expertise Areas: Spend analysis; Working capital management
Industries served: All