SAP Ariba Sourcing
Accelerated Sourcing Cycles: Automates the end-to-end process of requesting proposals, comparing bids, and awarding contracts—reducing turnaround times and freeing procurement teams from manual paperwork. Risk Reduction and Policy Compliance: Guided sourcing workflows enforce company policies and regulatory requirements at every step, reducing exposure to maverick spending or contracts with non-compliant vendors. Data-Driven Decision Making: Built-in analytics deliver clear visibility into spend patterns, supplier performance, and sourcing outcomes, helping procurement leaders to make informed, strategic choices.
Enhanced Collaboration: Provides a single sourcing platform for procurement, legal, suppliers and business stakeholders to communicate and collaborate.
Seamless Integration: Integrates with contract management and supplier management, supporting efficient onboarding of approved suppliers and ensuring contract terms are monitored throughout the engagement. Business Outcome: ✓ Incremental price optimization/cost reduction potential of 3% - 8% with improved sourcing strategies, e-auctions , new vendor introduction, better reporting and analytics
✓ 25%-35% reduction in manual activities associated with sourcing
✓ Accelerate PR-PO cycle time with elimination of manual efforts
✓ Complete Audit trail with better visibility and transparency
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