SAP Ariba is the right tool for businesses of any size looking for a procurement platform that fulfils the needs of both suppliers and buyers. If you are looking for a cloud based innovative solution that helps suppliers and buyers to connect and do business on a single platform, SAP Ariba is your answer. It provides less costly ways of procurement and helps improve the overall vendor management system of an organization and makes business simple. Ariba ensures a true collaboration between buyers and sellers. Ariba provides tools and dashboards to reach reduced inventory levels by leveraging real-time demand and supply forecasting by integrating your supplier’s operations with Ariba Network.
Main features of SAP Ariba are:
- Supply chain collaboration
- Ariba Exchange
- Strategic sourcing
- Procurement
- Supplier discovery
- Strategic sourcing
- Invoice management
- Dynamic discounting
- Payments
- Contract management
- Spend analysis
- Supplier management
- Financial supply chain management
ARIBA – S/4 Hana Integration
End-to-end process management is supported by SAP Ariba and it is also integrated with S/4 Hana. It comes with advanced negotiation and supplier selection functions. The entire process of communicating and submitting information regarding prices, agreements and negotiations can be managed directly within two interfaces: The supplier portal and the buyer portal, where the both are connected through SAP Ariba Network. In Ariba account settings, you have direct connectivity option to directly connect S/4 Hana and Ariba. For customers leveraging suite solutions from SAP, a functional buyer working in SAP S/4HANA Cloud can leverage SAP Ariba for sourcing their requirements and making a contract that is made available for future call-offs against the contract within SAP S/4HANA Cloud. With guided buying, a casual user can requisition contracted items from a catalogue and create the purchase requisition in SAP S/4HANA Cloud that can be aggregated to create a purchase order and sent to the supplier in the Ariba Network. The supplier can further collaborate on the purchase order confirmation, shipment, and invoices with the buyer and the accounts payable users in SAP S/4HANA Cloud. Customers will have a seamless experience when they use capabilities across SAP Ariba and SAP S/4HANA Cloud to complete the end-to-end process.
In a new world filled with uncertainties and unprecedented worldwide economic slowdown, access to an effective, fully integrated supply chain system that allows you to collaborate with your current suppliers, while also giving you the opportunity to discover new ones – all provided through a single point of access – is what differentiates SAP solutions from the rest of the pack.