

Procure: Procure and manage all spend categories for greater compliance and savings Pay: Streamline invoicing and payment to improve cash flow Manage: offer best-practices and templates to ensure proper supplier selection, measurement, and risk and performance management Spend Analysis: View and analyze all spending to drive informed sourcing and business decisions Strategic Sourcing:Impacts cost, quality and performance of supply chain Contract: Create and administer all trading agreements for maximum compliance and minimal risk. Solutions - Spend Management Solutions - Contract Management Solutions - Financial Solutions - Supplier Solutions The implication of 'solutions' is that Ariba helps companies plan and manage procurement strategies, rather than simply sell them applications for executing purchases. In late 2007, Ariba took over the company ”Procuri”which enhanced the company's client base and on-demand abilities.

Įvolution of Ariba and Industry Ariba acquired ”Free Markets” which gave the company a software package both in the upstream (sourcing) and downstream (Buyer) of the procurement process. On Demand ? - Ariba spend management solutions are designed to accelerate adoption and value without the cost, burdens, or risks of implementing costly software or hardware.

Spend Analysis, Strategic Sourcing, Contract Management, Procurement, Invoice & Payment, Supplier Management. Overview Spend Management ? - Spend Management aligns organizations, processes, and systems to analyze, source, contract, procure, pay, manage and continuously improve global supply for best-value performance in support of the strategic objectives of the business. Ariba provides 'Spend Management solutions' which help companies 'analyze, understand, and manage their corporate spending to achieve cost savings and business process efficiency.“ Supplier Network facilitates the order of goods and services Offers technical support services, implementation, training and consulting Overview Ariba was founded in 1996 by Keith Krach on the idea of using the Internet to enable companies to facilitate and improve the procurement process. Contents Overview Evolution of Ariba and Industry Solution Offerings Buyers Competitors SWOT Analysis Revenue Model Future Trends
