Procurement is one of the most crucial activities within every organization, and operating an effective and efficient supply chain has a significant impact on your bottom line. Unfortunately, doing so is often easier said than done. Luckily, there’s a solution—a single integrated platform can help transform your supply chain, procurement, and contract process to help you attain higher sourcing savings and manage your spend. And that solution is called SAP Ariba. 

Read on to learn more about what SAP Ariba is, what its features and benefits are, and why you should look for a consultant that’s not merely well-versed in SAP, but specifically in Ariba as well to help you with your next project.

Let’s dive in. 

What is SAP Ariba?

Put simply, SAP Ariba is a cloud-based solution that allows your buyers and suppliers to do business on a single platform. The solution was developed in 1996 by a company called Ariba and was acquired by SAP in 2012. (Thus the new name: SAP Ariba.) 

SAP Ariba’s process areas include SAP Ariba Sourcing, SAP Ariba Discovery, SAP Ariba Buying, SAP Ariba Buying and Invoicing, SAP Ariba Contract Management, SAP Ariba Spend Analysis, Ariba Supplier Risk, and SAP Ariba Supplier Lifecycle and Performance.

Implementing SAP Ariba can improve your overall vendor management system, saving you money on the procurement process and simplifying how you do business in general. SAP Ariba is the only solution that addresses the full sourcing and procure-to-pay process. On top of that, it also has the largest B2B network in the world. The SAP Ariba Network is referred to as the “backbone” of SAP Ariba. It facilities the interaction between purchasing departments or buyers and sellers by allowing you to communicate with your suppliers securely in the cloud. 

The network consists of more than 4 million suppliers and buyers in over 190 countries, and nearly $3 trillion in commerce is exchanged through it annually. That makes it larger than eBay, Alibaba, and Amazon combined in terms of commercial value.

Benefits of SAP Ariba

SAP Ariba allows organizations to transform spend management with a solution suite integrated into the digital core of SAP S/4HANA. Here are some of the key benefits of using SAP Ariba: 

  • Simplifies procurement and sourcing process with integration to SAP Supplier Relationship Management (SRM) and other ERP software
  • Provides transparency and scalability into supplier risk, compliance, and sustainability management 
  • As a cloud-based solution, you can access it from anywhere, and setting it up requires lower initial capital costs
  • Customize your supplier onboarding, segmentation, and qualification according to location, category, and business unit
  • Gain access to the Ariba Network with more than 4 million connected companies

Work With an SAP Ariba Consultant

It’s fair to say procurement has never been more complicated. As we continue in this new world of uncertainties and unprecedented worldwide economic slowdown, operating an effective and integrated supply chain system remains critical to your company’s success. Making things even trickier is the fact that while SAP Ariba can help you collaborate with your suppliers (and find new ones altogether), getting it to play nicely with the rest of your SAP ecosystem can sometimes be a challenge. Luckily, we’re here to help.

If you’re ready to take on this new world of procurement, Surety Systems has you covered. Our senior-level SAP consulting team has the experience you need with Ariba in particular, as well as with standard SAP business processes as a whole. Not only can we help you transform your procurement process by implementing Ariba in the first place, but our consultants can also ensure successful integrations. Click here to check out how we tackle SAP Ariba integration challenges. 

If you’re ready to get started with SAP Ariba, contact our expert consultants today.