Procurement is a critical function in any organisation and its success can directly impact the bottom line. In recent years, there has been a push towards digital transformation in procurement and organisations are seeking solutions that can help them streamline processes, reduce costs, and improve visibility.
SAP Ariba is one such solution that has been making waves in the procurement world. SAP’s SaaS procurement product family, which consists of SAP Ariba solutions, SAP S/4HANA for Procurement, and SAP Business Network, has a proven track record of providing innovative solutions to solve unique challenges at every step of the procurement process. Some recognition and awards earned include:
- For the seventh consecutive time, SAP has been recognized as a Leader in the 2022 Gartner Magic Quadrant for Procure-to-Pay (P2P) suites.
- SAP Ariba was designated a Top-Rated Procurement Product by TrustRadius.
- SAP Ariba was named the No. 1 leading procurement software provider by Supply Chain Digital.
Let’s explore the reasons why SAP Ariba is considered the top solution for procurement transformation.
Next Evolution of Guided Buying
Today’s buyers are looking for more than just pricing and policy compliance. They want a buying experience that is personalised to them and their role, something that offers intelligent recommendations to help them make the right decisions.
The guided buying capability in SAP Ariba solutions remains the gold standard for purchases of goods and services. In 2023, SAP Ariba will take guided buying to the next level with the introduction of artificial intelligence (AI), intelligent recommendations, and machine learning. This will create a holistic view of what the buyer is purchasing and how the purchase aligns with their organization’s environmental, social, and governance (ESG) goals.
SAP Central Procurement
Procurement professionals are under pressure to bring speed, scale, and savings to the business while minimising risk. However, much of the technology deployed today is disconnected and outdated, leading to problems such as inconsistent source-to-order processes and disjointed data.
SAP Central Procurement addresses these challenges by making it possible to centralise control of requisitioning, purchasing, sourcing, contracting, and analytics in a multi-ERP environment. It delivers the benefits of a uniform, centralised procurement system without reworking individual solutions spread across the organization. This solution enables procurement professionals to bring clarity and consistency to procurement operations and plan for supply chain disruption before it happens.
Category Management
Category management is a critical function in procurement and is becoming increasingly relevant in today’s global supply markets.
SAP Category Management, which is set to roll out in 2023, will provide actionable market intelligence and category insights. It will empower category managers and procurement professionals to make strategic category decisions that drive business outcomes. The solution will offer scenario analysis to prioritise initiatives based on corporate spend data, and embedded analytics tools to provide drill-down capability into categories across multiple dimensions.
With its recognition as a leader in the Gartner Magic Quadrant for Procure-to-Pay suites, its commitment to delivering innovative solutions, and its latest offerings in guided buying, SAP Central Procurement, and Category Management, organizations can rest assured that they are in good hands with SAP Ariba.
At CJV Partners, we believe that Ariba can provide comprehensive supply chain optimisation. SAP Ariba’s solutions aim to drive digital transformation for businesses, resulting in significant improvements in crucial areas for procurement and supply chain leaders. Our skilled professionals have the necessary expertise to fully harness the capabilities of SAP Ariba.
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