New, packaged offering enables fast-growing companies to drive simple, efficient process for managing spend from end-to-end, quickly deliver results
When it comes to taming the complexity of procurement, size doesn’t matter. Mid-market companies face the same challenges in managing their spend and suppliers as their larger peers and should have access to the same enterprise-class technology they use to overcome them. Now they do, thanks to SAP Ariba Snap, a new, packaged offering from SAP Ariba that provides fast-growing companies with everything they need to drive a simple, efficient buying process that quickly delivers results. The company will showcase the solution – and the success it is driving for companies around the world – at SAP Ariba Live, the premier business commerce conference that kicks off today at Caesars Palace in Las Vegas.
“Procurement innovation and excellence are not the exclusive domain of large enterprises,” said Jason Wolf, Global Head, Strategic Growth Initiatives, SAP Ariba. “With SAP Ariba Snap, mid-market companies can leverage the full strength of SAP Ariba’s market-leading cloud-based applications and business network to digitize the source-to-settle process from end to end and run simpler and smarter than ever.”
Doing the Heavy Lifting
SAP Ariba Snap provides simple, affordable and scalable implementation options led by SAP Ariba partners that enable growing enterprises to quickly get on the path to digitization and begin delivering results. And there’s nothing light about it. Using the solution, mid-market companies can leverage decades of best practices alongside market-leading software to automate every step of the source-to-settle process and beyond savings and efficiencies, drive real business value.
Sourcing: Collaborate with trading partners, compare bids side-by-side, and award business to suppliers that can deliver what’s needed, when needed, on the most optimal terms.
Orders: Access the world’s largest network of more than 3 million companies to find and immediately buy millions of items from vetted suppliers around the world.
Invoicing: Replace tedious manual processes with efficient digital ones to speed accuracy, approvals, payments and delivery.
Contracting: Create a simple, consumer-like experience that makes it easy for end users to buy from preferred vendors in line with company policies to increase spend under control and drive compliance.
Supplier Management: Find and onboard trading partners around the world and automatically update their information to accurately match opportunities with capabilities and manage performance.
Working Capital Management –Accelerate payments for approved invoices to key suppliers in return for a discount to improve cash flow and management.
