Like eBay or Amazon, the Ariba Network supports both sellers and buyers. The platform, which as of March 2018 had more than 3 million buyers and suppliers and more than $1.7 trillion in transactions, is designed to provide a user-friendly interface familiar to anyone who shops online. The Ariba NetworkĪlthough many of these SAP Ariba features are available separately, they are also the foundation of the Ariba Network, an SAP HANA-powered, cloud-based B2B marketplace where buyers and suppliers can find each other and do business within a single networked platform. Such messaging appears to resonate with SAP Ariba customers.
The company promotes the idea that with more responsible supplier risk assessment, companies can procure with a purpose - that is, a company can do good in the world by using supply chains, for example, to expose forced child labor. One of these features, Supplier Risk, which helps companies assess supplier risk in a number of categories, has become a major focal point for SAP Ariba. Since then, SAP Ariba has added functionality to its supply chain management services to help companies source and procure materials, analyze spending, and manage suppliers.įor example, in 2017, SAP Ariba introduced Guided Buying, Supplier Management, Supplier Risk, Direct Materials Sourcing, Supply Chain Finance, Cloud Integration Gateway and Extension Studio, features designed to make the procurement process seamless, integrate it with other business processes and gain real-time insight into the supply chain, according to the company.
Ariba, founded in 1996, became SAP Ariba in 2016.
SAP purchased Ariba in May 2012 for about $4.3 billion. The technology SAP Ariba offers is designed to help companies negotiate better agreements with suppliers and provide better visibility and control over spending. SAP Ariba is a software company that provides cloud-based procurement, spend management and supply chain services that enable suppliers and buyers to connect and do business globally.
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