SAP Ariba Ranked Among World’s Best Financial Supply Chain Solutions

For the fifth consecutive year, SAP Ariba has been ranked among the world’s best financial supply chain solutions. The company today announced its selection as Best Procure-to-Pay, eProcurement and Invoice Discount Management Provider by Global Finance magazine.

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“Corporates around the world are trying to understand how big developments on the economic, regulatory and policy fronts will affect their business,” said Joseph D. Giarraputo, publisher and editorial director of Global Finance. “And they need solution partners who can help them adjust nimbly to those changes. With these awards, we aim to identify those partners.”

SAP Ariba was identified as the best provider in three categories by Global Finance’s editorial team, with input from industry analysts, corporate executives and technology experts: Procure-to-Pay, eProcurement and Invoice Discount Management. The selections were made on the basis of SAP Ariba’s market share and global coverage, product innovation, customer service, technology, execution skills and client-specific implementations.

SAP Ariba delivers a comprehensive suite of solutions that combine the connectivity and intelligence of the Ariba® Network with the simplicity and speed of cloud-based applications to help companies manage their financial and supply chains in predictable and optimal ways.

Using Ariba Discount Professional™ for instance, buyers can accelerate payments for approved invoices to key suppliers in return for discounts, earning an immediate return on their cash. And sellers can gain increased visibility into future cash flows, certainty in payment timing and the ability to use cash sooner to fund daily business needs.

With AribaPay™, buyers and sellers can digitize the payment process and complete it with the same speed, simplicity, reliability and security that consumers do

And through SAP Ariba’s end-to-end procurement solutions and business network, companies can manage all of their spend and the trading relationships that matter to them most with greater transparency and efficiency.

“The key to success in today’s uncertain economy isn’t managing change, but anticipating it,” said Drew Hofler, Senior Director, Financial Solutions Marketing, SAP Ariba. “At SAP Ariba, we are focused on helping companies see the future and shape it to their advantage by connecting them to an intelligent network through which they can execute a highly integrated cash management strategy that improves the efficiency of the entire source-to-settle process. We are pleased to again be recognized by Global Finance Magazine for our efforts and will continue to push the envelope in developing and delivering innovative solutions that eliminate complexity and help business of all sizes run simple.”

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Source (businesswire): bit.ly/1PkCaWS

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