Spend Management Solutions
SAP Ariba Buying and Invoicing delivers a streamlined, intelligent procurement and invoicing experience purpose-built for the scale and complexity of the EC&O industry. By unifying purchasing, invoicing, and supplier collaboration in a single, cloud-based platform, it empowers organizations to gain greater control over spend, increase financial accuracy, and reduce delays across capital-intensive projects. The solution integrates seamlessly with ERP and financial systems while leveraging automation and real-time data to reduce friction and improve cost and schedule performance. Simplify the casual user experience, eliminate the need for complex training programs and manuals by leverage Joule, SAP’s omnipresent co-pilot. Joule embedded in SAP Ariba Buying and Invoicing will surface common user requests, approval status and seamlessly search through catalogs for the right item, all using natural language processing.
Simplified purchasing processes:
Automate and standardize the procurement of construction materials, services, and heavy equipment across job sites and project offices. Enable guided buying to ensure users select from preferred suppliers and contract-compliant catalogs, reduce maverick spend and manual requisitioning with self-service capabilities and support punch-out catalogs and blanket purchase orders for frequently used suppliers and long-lead items
End-to-end visibility and control:
Gain granular, real-time visibility into all purchasing and invoicing activity, ensuring better oversight across project portfolios, track spend by project, supplier, category, or location, monitor supplier performance metrics, fulfillment timelines, and invoice cycles in real time and flag exceptions early and identify bottlenecks with embedded analytics and dashboards.
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