SAP ARIBA OVERVIEW
SAP ARIBA OVERVIEW • Ariba was founded in late 1996 by Steve K rach along withother6people on the idea of using internet to enable companies to improve the procurement process. • Ariba provides “Spend Management solution” which help companies to analyse and manage their corporate spending to achieve cost savings and business process efficiency. • Ariba solution backbone is Ariba network which is worldlargestB2BNetwork. SAP ARIBA KEY BENIFITS • One of the key advantages of using Ariba solution is that it simplifies procurement and sourcing process with easy synchronization to SAP SRM and other ERP software. • It enhances supplier, buyers and user experience by bringing in a digital transformation to the supply chain process. • With cloud-based solution, SAP Ariba can be accessed from different locations. It requires very low initial capital cost for setting up the solution. • With SAP Ariba, there is an easy setup of key procurement processes - Procure to pay (integration of purchase