This is a very powerful information and automation.Īriba provides a centralized, comprehensive platform for managing all procurement activity, from strategic sourcing to invoicing. And basically, it gets paid automatically as soon as a goods receipt is in the system. When the supplier receives a purchase order, sends it back with an invoice, it is only a file that gets sent back. It is really looking into the finance side. It is the operational side of procurement, so the purchase order creation and the entire transactional process behind that. The automation does not stop in the procurement function. The most important part which Ariba focuses is the strategic side - by adding new functions like data architects or data scientists to the function and automating all the rest. And by that the procurement function might become a little bit smaller but very powerful. What automation does, it is fairly simple: It is eliminating the operational, administrative task as well as some tactical tasks. Automation is something that drives us every day, and the procurement function today is probably having strategic tasks, operational tasks, some tactical activities. Next important element, that we see on a daily basis, is the automation. The SAP Ariba as a very powerful marketplace and trading platform connecting buyers and suppliers to provide the right environment to really focus on the strategic elements in procurement. SAP Ariba Supply Chain Collaboration for Buyers.SAP Ariba Supplier Lifecycle and Performance.SAP Ariba Cloud is a suite of solutions such as: It helps buyers and suppliers to connect the world’s largest collaborative network of vendors and suppliers and do business on a single platform. It provides transparency and efficiency across the process. SAP Ariba is a cloud-based procurement solution that fully digitalizes, automates, and streamlines the procure-to-pay life cycle. Regarding all these points, procurement is crucial to navigating these COVID-19 challenges. They have the duty to prepare the ground for recovery and, of course, they must support economic activity and profitability as well. With the evolving COVID-19 crisis, customers have to deal daily with emergency needs, for instance, to get fast access to the right suppliers, to identify risks and also look for alternative sources.
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