SAP Ariba Strategic Sourcing Description
SAP Ariba Strategic Sourcing Suite facilitates a closed-loop digital, source-to contract process for indirect and direct material sourcing. Business-to-business (B2B), supply chains are becoming an important source of profit, savings, and competitive advantage in today's global outsourced economy. There has been no digital process that efficiently sourced both indirect and direct materials. This is because there has not been a single solution that can handle all spend categories. It also manages the entire process from integrating new materials (BOMs), product lifecycle management (PLM), through sourcing, contract management and manufacturing execution integration. Relying on separate systems and processes for indirect and direct materials can lead to contract leakage, IT costs, revenue opportunities and lower savings. It also hinders alignment between internal teams.
SAP Ariba Strategic Sourcing Alternatives
Vendorful
Vendorful offers a range of solutions for vendor management and e-sourcing. The platform simplifies complex processes and eliminates "busy work". It also reduces risk and delivers strong ROI. Modules include e–Sourcing and Reverse Auctions, Vendor management, Vendor Scorecarding (Contrac Administration), and Compliance Questionnaires. The product's easy-to-use interface and automated data aggregation replace cumbersome Excel spreadsheets or shared drives. Vendorful is an API-first product that can be integrated into a variety of other systems such as ERPs, finance systems and ERPs.
Vendorful is available in both public and private cloud configurations and serves SMEs and enterprises in verticals such as Financial Services, Not-for-Profit and Higher Education.
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CompareCoOps
CompareCoOps allows public agencies to find suppliers, get competitive quotes and report on contract usage.
It is transparent, simple, and completely free for agencies.
Source cooperatives to source suppliers of products or services in a wide range popular categories. Cooperative purchasing allows you to save money and lower your risk, while still enjoying the benefits.
You can create a secure request using simple tools. Compare responses from all invited suppliers. Select the winning quote, and let suppliers know automatically.
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Proactis
Proactis helps midmarket companies in rapid growth mode to control 100% of their spending. Proactis' all in one spend management platform automates Source-to-Pay. This helps to save money, increase compliance, and reduce risk.
It's your spend management journey. You can start in any part of your procurement process, or deploy the entire suite. It's up to you. Proactis gives you access to our expert team from the beginning. We are there for you every step of your journey, even after go-live. Our support and services are an ongoing commitment to our partnership and the goal of delivering excellence.
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Medius
Simplicity should not be complicated. Medius makes AP autonomic--using intelligent technology to reimagine the way invoices flow through your business. This process doesn't require you to touch it and gets smarter with each step. The Medius Accounts payable suite automates the entire source-to pay process. Automate and simplify your entire AP process with the Medius Accounts Payable suite. This includes manual invoice matching, keying, matching, processing, and paper removal. You will always have complete visibility of your invoices, spend, and cash flow so you can close the books on schedule. Improve the payment process within your company to reduce complexity, reduce fraud, and save money. Medius Pay automates the process of paying suppliers. It eliminates manual processes like processing checks and encourages automated work. Give your procurement team the tools they need for eliminating maverick spending.
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Integrations
Company Details
Company:
SAP
Year Founded:
1972
Headquarters:
Germany
Website:
www.ariba.com/resources/library/library-pages/sap-ariba-strategic-sourcing-suite
Media
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Product Details
Platforms
SaaS
SAP Ariba Strategic Sourcing Features and Options
Sourcing Software
Auction Management
Budget Management
Collaboration
Global Sourcing Management
Rfx Management
Spend Management
Supplier Management
Supplier Qualification
Supplier Risk Management
Supplier Web Portal
Template Management
SAP Ariba Strategic Sourcing Lists
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