SAP for buyers: How Ariba supports you in purchasing and procurement processes
It’s 1996, “Macarena” is blaring from the speakers, the Nintendo 64 is released and Bill Clinton is re-elected President of the United States. Meanwhile, Mike Tyson wins the world heavyweight title and Turkey joins the EU customs region. Ariba is also founded at the same time. And just a few years later, the associated Ariba Network saw the light of day – an extremely forward-looking concept. It still plays an important role in a company’s purchasing and procurement processes today. So let’s take a closer look at all this.
Come to revolutionize
First of all, why was the Ariba Network so revolutionary 25 years ago? Quite simply, it took the purchasing and procurement process to a new level. This means that companies now had the opportunity to store documents that previously only existed in paper form, such as orders and invoices, electronically and send them from one system to another at the same time. At the same time, this opened up new opportunities for digital communication. This also boosted data exchange and companies benefited from many other advantages: For example, the digital versions of documents made it possible to save time and costs and keep a better eye on expenditure.
The Ariba Network today
Over the years, the Ariba Network has continued to evolve, functions have been added and current developments have been taken into account. We have summarized the most important features:
- Cloud application: Ariba Network is now a cloud application, i.e. a rental model, and has been renamed SAP Business Network.
- Solution for purchasing: Companies can use it to carry out all their purchasing activities and bundle them in one place.
- Smart tool: The solution helps to comply with regulations, make processes more transparent and operations more efficient.
- Linked to SAP: Although Ariba also works on its own, it only really comes into its own when it is linked to an ERP system such as SAP. This takes the purchasing and procurement process to a new level.