In the past, procurement was more about bringing in supplies and services you need to do business, rather than a way to create business and long-lasting relationships. Today, in our digital era, organizations focus on optimized spend management and supply chain processes, which make the difference in achieving higher profit margins and strengthening market competitiveness.
What is the offering of SAP Ariba?
SAP Ariba is a cloud-based platform for procurement, intelligent spend management and supply chain services, regardless of the industry. The solution includes strategic modules from supplier management via spend analysis to buying and contracts, which enables companies to streamline their procurement and spend processes, identify potential savings, and build a stable supply chain in a single source of truth. Users also become part of the largest B2B network, where companies can interconnect, digitally collaborate, and virtually transact with millions of suppliers and partners.
The solution is designed for large and medium-sized organizations that want to digitize their purchasing and procurement processes from supplier selection to contract. SAP Ariba Snap is the appropriate extension of the Ariba portfolio for SMEs.