Digitalize your Procurement Practices with SAP Ariba

The procurement procedure of any product’s supply chain lays the foundation of the product’s performance. With advancements in technology, the globalisation of businesses, and the evolution of the digital era, these processes are undergoing a massive transformation. Procurement procedures have gotten simpler, smarter, and more strategic than ever before, all of which was made possible by the technical improvements in data management software systems like SAP Ariba.

SAP Ariba gives enterprises the tools they need to automate most transactional operations and procedures, allowing them to be more resource-efficient and productive. This lowers procurement costs and frees up resources to focus on strategic initiatives that bring value to customers and help businesses flourish.

SAP Ariba also allows for digital transformation by digitalising the operations of a comprehensive business network with end-to-end operations. Here are a few SAP Ariba solutions that can assist procurement teams take advantage of the digital transformation technology.
 

1. Ariba Network and Supplier Collaboration – 
   These include simplified processes for collecting and checking invoices, verifying them against preconfigured business rules, and handling exceptions by eliminating data-entry errors and duplicate invoices. The same is aided by automated processes that eliminate redundant paperwork and helps digital communication among suppliers.
2. Supplier Management – 
   With SAP Ariba, you can have a clean and up-to-date vendor master which is key for a flawless supplier collaboration. It also helps you work across supplier lifecycles so that you are in constant communication with your most-critical business partners. It further enables a more risk aware procurement procedure by leveraging top analytics to monitor various aspects of your supply chain like budgets, repairs and activity timelines.
3. Collaborative Sourcing and Contract Management – 
   A purchasing organization's main goal is to reduce risk and costs through increasing savings potential, sourcing efficiency, and contract and supplier compliance. With SAP Ariba, you can get the best prices, manage risks and elaborate specifications clearly.
4. Operational Purchasing (Indirect Procurement) – 
   Indirect demand could emerge from anyone in the organisation. SAP Ariba deploys top IoT (Internet of Things Technology) to predict scenarios that can emerge in any part of the supply chain, from the shop floor to the inventory, and offers a proactiveness in action.
5. Operational Purchasing (Direct Procurement) – 
   Direct Procurement revolves around the process of procuring resources that are pre planned and are sure to be utilised In the product chain. SAP Ariba leverages top automation technology to connect various systems of the supply chain together to hasten the overall process. It also offers Data Integrity for the smooth execution of the procurement sequence across the company’s hierarchy. 
6. Operational Purchasing (Services Procurement) –
   A supply chain is categorised by the efficient outsourcing of tasks. For the success of the same, it is crucial to select right candidate or vendor to carry out a particular activity. SAP Ariba’s SAP Fieldglass solutions Invoice and Payables Management help you ascertain if onboarding or offboarding of contingent workers is required and/or any temporary labour or professional services are needed.

Procurement is becoming simpler, smarter, and more strategic than ever before and SAP Ariba is accelerating its journey.

More than 20,000 SAP customers use SAP ERP for materials management and SAP Supplier Relationship Management for procurement and sourcing today. We devise a method for mutually examining your business processes and solution infrastructure, as well as developing a procurement road map, to enable you to benefit from SAP Ariba's procurement strategy and advancements.

With SAP Ariba’s procurement practices, you can replace traditional procurement methods that slow down the supply chain processes, with intelligent technologies that do more of your team’s manual work. It also links all spend categories all around the world together, so that direct, indirect, and service spending in every market is managed at one place while automatically adapting to individual and market requirements. The tools of Ariba also enable you to create deeper and more dynamic end-to-end collaboration by allowing you to securely share data, obtain insights, and manage workflow between your teams and trading partners for a more effective procurement process and better cost management.

With experts having a vast experience in the domain, we enable your successful migration to SAP Ariba so you can leverage its tools, and transform your procurement for heightened results. To step up your company’s journey we encourage you to get SAP Ariba on board.
Get in touch with us today!