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 department with Accounts payable department), Procure to Order by maintaining shopping carts.
• There is easy transfer of master data. Organization structure, suppliers and GL data can be easily transferred to Ariba solution using optimal way of integration.
• SAP Ariba enables easy transfer of transactional data. Invoice details, goods receipt, PO details can be easily transferred to Ariba solution with optimum integration.
• We can use integration toolkit to connect ERP system with Ariba solution.
Benefits of SAP Ariba
• Fast ROI : This is achieved because collaboration with suppliers is improved, errors are reduced, deadlines are reduced and processes are automated. By carrying out these best-practices, a fast ROI is achieved. Shortening of terms : through cloud solutions, implementation times are much faster. We have been talking for only 4 weeks and it is something that would be unthinkable before, Catalogs created by external suppliers: in this section you save because it is not necessary to maintain the supplier's catalogs internally. The fact that they are created by external providers guarantees that they will be up to date and also allow negotiation processes to be opened with the aim of updating prices.
• Reduced TCO Costs – Ariba also provides benefits in terms of reduced Total Cost of Ownership. Because you don't always have to have the latest version of the product or have physical servers to do it.
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