Top 10 Procurement Software Vendors: SAP Ariba
SAP Ariba has been ranked at number one in our list of the world’s top 10 procurement software vendors. We’re taking a closer look at the industry leader here.
The ever-evolving state of supply chains means they are becoming increasingly complex. Organisations need more from procurement operations, as a result of consumers requiring more speed, better quality, the best experience and full transparency. SAP Ariba, established in 1966, uses its extensive portfolio of solutions for companies of all sizes to drive rapid innovations within procurement, fulfillment, and financial supply chain management processes.
SAP’s solutions, driving innovation and change in the industry, include:
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Supplier management
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Strategic sourcing
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Solutions for direct spend
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Procurement
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Financial supply chain
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Solutions for midsize and growing companies
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Selling and fulfillment
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Services for buyers
SAP’s e-procurement solutions deliver negotiated savings and improved control over costs and risks in the buying process, improving your bottom line. Buying cycles can be reduced by as much as 50%. The solution also is capable of cutting supply costs by 10% and lowering processing costs by anywhere between 25% and 60%.
With market-leading innovations in guided buying and spot buy, SAP Ariba provides the broadest set of capabilities on the market. With the most pre-enabled suppliers, easy supplier and catalog enablement, and integration with the Ariba network, the benefits of SAP Ariba’s e-procurement solutions promise to transform procurement processes.
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