Exalogic Logo Exalogic Logo
  • Choose your region

    • Middle East
    • Asia Pacific
    • Europe

    Exalogic Consulting Dubai

    • Level 14,PO Box 634321 Fortune Executive
      Towers Jumeirah Lakes Towers
    • +971 391 3570
    • info@exalogic.co

    Exalogic Consulting London

    • Kemp House, 160 City Road,
      EC1V 2NX, London, UK
    • +44 20 3907 7737
    • info@exalogic.co

    Exalogic Consulting Bangalore

    • Vakil Square, 56/3, Bannerghatta Main Rd,
      near to Jayadeva Hospital, KEB Colony,
      New Gurappana Palya, 1st Stage,
      BTM Layout 1, Bengaluru, Karnataka 560029
    • + 91 804 101 0727
    • info@exalogic.co
  • drag_handle

What are you looking for?

know-everything-about-sap-ariba-solutions know-everything-about-sap-ariba-solutions

Everything you need to know about SAP Ariba

In 1996, a cloud-based innovative solution was developed by a company called Ariba that allows buyers and suppliers to do business on a single platform. In the beginning Ariba was a b2b company to do procurement over the internet and it soon became the first internet-based procurement company to do an IPO in 1999. SAP purchased Ariba in May 2012 and it became SAP Ariba in the year 2016.  

At the crux of it, SAP Ariba is a software company that provides cloud-based procurement, supply chain services and spend-management that makes it possible for suppliers and buyers to connect and do business globally. It enables companies to negotiate better agreements with suppliers and provides better transparency and control over spending.  

It has features designed to make the procurement process seamless, gain real-time insight into the supply chain and enable source-to-settle digital transformation for buyers and sell-to-settle digital transformation for suppliers. Some of these features are:  

  • Guided buying: A persona-based application that provides users outside the procurement group, a place to search for goods and services, make purchases with no involvement from the procurement departments. It captures the organization's purchasing policies and uses them to guide casual users into outcomes then need.  

  • Supplier Risk: It helps companies assess supplier risks in a number of categories. The tool shows that comprehensive and continuous risk assessments can be integrated into the procurement process. This enables timely, contextual and informed decisions and also reduces risks to company’s finances, business operations and reputation.  

  • Supply Chain Finance: It reduces supply chain risks by helping suppliers access low-cost alternative financing and, transforms payables from liabilities to strategic assets. Not only that, it also boosts the capture of early payment discounts, extend days payable outstanding, and enhances free cash flow.  

  • Strategic Sourcing: It functions as a closed-loop, digital, source-to-contract process for direct and indirect material sourcing. Additionally, it extends the functionality of industry-leading sourcing solutions into managing requirements for direct material sourcing. The result is improved efficiencies across all spending categories, higher savings, contract compliance and much more.  

  • Integration Solutions: SAP Ariba enables users to unify their apps, data, processes and devices on a single platform by integrating them with the company's existing backend solutions and ERPe. A single platform improves management of all spends and analyzes all global purchases for better optimized procurement results. 

These features even though available separately, are the foundation to the SAP Ariba Network, a SAP HANA powered, cloud-based marketplace where buyers and suppliers can find each other. A network that supports both buyers and suppliers all the same, and has over 3 million of them with more than $1.7 trillion in transactions between the two.

Be the first to comment on this.
Most Viewed Posts
Image
Habits of Successful People Leaders
Read More Image
Image
5 Behavioral Questions to Identify High-Potential Candidates
Read More Image
Image
Building a Culture of Innovation
Read More Image
Categories

64

28

9

Share
Exalogic Consulting Logo
Subscribe

Subscribe to get updates and information.
Worry not, for we don't send spam emails!

Company
  • Services
  • About Us
  • Careers
  • Locations
  • Contact
  • Privacy Policy
  • Terms & Conditions
We'd love to hear from you!

To get started, please fill in the form below with information about your business needs. You shall receive a response within two business days.

Submit

Copyright © 2023 Exalogic Consulting. All rights Reserved

  • Follow us on

Community championing
against COVID-19

Become a Community Champion Now for Free

Get Certified now!

This website stores cookies on your computer. These cookies are used to collect information about how you interact with our website and allow us to remember you. We use this information in order to improve and customize your browsing experience and for analytics and metrics about our visitors both on this website and other media. To find out more about the cookies we use, see our Privacy Policy.

If you decline, your information won’t be tracked when you visit this website. A single cookie will be used in your browser to remember your preference not to be tracked.

Cookies Preferences




No, Thanks
Yes, I agree
logo
Our Expertise
Industries
Technologies
Consulting
  • About Us
  • Careers
  • Insights
  • Media
  • Events
  • Resources
    • Infographics
  • Contact
Our Expertise
Blockchain
Machine Learning & AI
SAP Services

Product Engineering - Web & Mobile
Robotic Process Automation
Internet of Things (iOT)

Analytics and Data Visualization
Digital Marketing
System Integration

IT Infrastructure Services
Industries

Energy
Utilities
Manufacturing

Healthcare
Transportation & Logistics
Travel & Hospitality

Real Estate
Facilities Management
e-Commerce

Pharmaceuticals and Life Sciences
Engineering, Construction, and Operations
Public Services
Technologies
SAP
Microsoft
Oracle Primavera

AWS
Google Cloud
Mendix

OpenText
Consulting
Strategic Business Consulting
IT Infrastructure Assessment
GAP Assessment Consulting

Business Process Maturity and Consulting
Digital Transformation Roadmap
Industry 4.0

On Premise to Cloud Migration
SAP ECC to S4 HANA Migration
Environmental, Social and Governance (ESG)
logo

Our Expertise

  • Blockchain
  • Machine Learning & AI
  • SAP Services
  • Product Engineering - Web & Mobile
  • Robotic Process Automation
  • Internet of Things (iOT)
  • Analytics and Data Visualization
  • Digital Marketing
  • System Integration
  • IT Infrastructure Services

Industries

  • Energy
  • Utilities
  • Manufacturing
  • Healthcare
  • Transportation & Logistics
  • Travel & Hospitality
  • Real Estate
  • Facilities Management
  • e-Commerce
  • Pharmaceuticals and Life Sciences
  • Engineering, Construction, and Operations
  • Public Services

Technologies

  • SAP
  • Microsoft
  • Oracle Primavera
  • AWS
  • Google Cloud
  • Mendix
  • OpenText

Consulting

  • Strategic Business Consulting
  • IT Infrastructure Assessment
  • GAP Assessment Consulting
  • Business Process Maturity and Consulting
  • Digital Transformation Roadmap
  • Industry 4.0
  • On Premise to Cloud Migration
  • SAP ECC to S4 HANA Migration

  • About Us
  • Careers
  • Insights
  • Media
  • Events
  • Resources
  • Contact
Exalogic Consulting Success

You will shortly receive the login details in your inbox

Exalogic load page
Image

Registration

By signing up, you agree to GLT's Terms of conditions and privacy policy