SAP Ariba
A cloud-based procurement and supply chain management tool created by SAP is called Ariba. It is intended to assist organisations in streamlining their supplier collaboration, procurement processes, and supply chain efficiency. A number of tools and apps are available through SAP Ariba that address different facets of sourcing, contract management, supplier management, and more.
Supplier management
It facilitates the coordination, performance, and management of supplier information. This entails onboarding new suppliers, keeping track of their performance, and keeping a database of their specifics.
Purchasing
With SAP Ariba, businesses may plan and carry out sourcing activities including auctions, requests for proposals, and requests for quotes. This aids in finding the finest suppliers and securing advantageous terms.
Integration
To ensure smooth data flow between various parts of the organisation, SAP Ariba can be linked with other enterprise systems, such as ERP (Enterprise Resource Planning) systems.
Collaboration
SAP Ariba gives buyers and suppliers a platform to work together on a range of procurement-related tasks, including order management, invoice reconciliation, and dispute resolution.
