![]() ![]() 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. ![]() ![]() In this section, we will learn about the key features of SAP Ariba. At the onset, Ariba was a B2B company to do procurement over Internet and was the first one to introduce IPO in 1999. The cloud based innovative solution was first developed in 1996 by a company named Ariba and was later acquired by SAP in 2012 with a total acquisition cost of 4.3 billion USD with each share cost $45. To enable healthy supply chain, you need to have suppliers with visibility to every part of procurement process so that they can maintain an efficient supply chain and help organizations to grow their and own business. In today’s world, there is a need to control your supply chain and to collaborate with your suppliers in an efficient way. SAP Ariba digitally transforms your supply chain, procurement and contract management process. Ariba acts as supply chain, procurement service to do business globally. It improves over all vendor management system of an organization by providing less costly ways of procurement and making business simple. Stay informed thought-out the entire contract cycle with digital contracts, off-contract activity, automatic alerts, change tracking, powerful search features, handy dashboards and configurable reports.SAP Ariba is a cloud-based innovative solution that allows suppliers and buyers to connect and do business on a single platform. If your pre-approved format or language has been changed, you’ll be alerted and able to track changes, giving you greater control over non-standard agreementsĮliminate the time and expense of shipping and signing multiple contracts with SAP Ariba’s e-signature supported by DocuSign and Adobe Sign. Tightly integrate your contracts and contracting process with SAP Ariba, your ERP, and any third-party applications - giving you unrivalled compliance and control. Streamline and automate your entire Contract lifecycle: Click here to see the entire contract management process. SAP Ariba’s contract management software is easy to use and much more efficient than paper-based contracts. With SAP Ariba Contracts Management, you can eliminate paper contracts and all the risks that come with them. ![]()
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