SAP Ariba is a cloud-based innovative solution that allows suppliers and buyers to connect and do business on a single platform. It improves overall vendor management system of an organization by providing cost efficient ways of procurement and making business simple. Ariba acts as supply chain, procurement service to do business globally. SAP Ariba digitally transforms your supply chain, procurement and contract management process.
In today’s world, there is a need to control your supply chain and to collaborate with your suppliers in an efficient way. To enable a healthy supply chain, you need to have suppliers with visibility to every part of the procurement process so that they can maintain an efficient supply chain and help organizations to grow their business.
Key Features of SAP Ariba
- SAP Ariba is a B2B solution that allows you to connect to the world’s largest network of vendors and suppliers and enhance business collaboration with the right business partners.
- SAP Ariba allows organizations to connect with the right suppliers with deep visibility to your inside vendor and procurement management processes resulting in error-free business transactions.
- With SAP Ariba, you can directly connect the Ariba network with millions of suppliers meeting your business needs and managing the supply chain.
- SAP Ariba network removes overall complexity in the procurement process and suppliers. Buyers can manage all key terms of vendor management on a single network.
- Ariba can easily integrate with different SAP ERP solutions like SAP ECC and S/4 HANA with easy to configure workflows to automate different processes in the complete procurement cycle.
- You can easily integrate master and transactional data from different ERP solutions to Ariba processes.
Key benefits of using SAP Ariba
- One of the key advantages of using Ariba solution is that it simplifies the procurement and sourcing process with easy synchronization to SAP SRM and other ERP software.
- It enhances suppliers, buyers, and user experience by bringing in a digital transformation to the supply chain process.
- With a cloud-based solution, SAP Ariba can be accessed from different locations. It requires very low initial capital costs for setting up the solution.
- With SAP Ariba, there is an easy setup of key procurement processes – Procure to pay (integration of purchase department with Accounts payable department), Procure to Order by maintaining shopping carts.
- There is an easy transfer of master data. Organization structure, suppliers, and GL data can be easily transferred to Ariba solution using optimal way of integration.
- SAP Ariba enables easy transfer of transactional data. Invoice details, goods receipt, PO details can be easily transferred to the Ariba solution with optimum integration.