SAP Ariba is a cloud-based system to allow vendors and purchasers to find each other and transact on a common web based platform. It simplifies the procurement process for an organization in an innovative way. Ariba is the centerpoint to conduct business globally. It has many key features to manage the vendors more efficiently and effortlessly ever before. 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.
Ariba was first developed by a third party company and later acquired by SAP and got integrated with SAP ERP suite to replace the former proprietory system SRM. It has become more popular than SRM ever since.
If you have procurement background, the best module to go for is Ariba. It is the most common system being used in the procurement industry and departments all around the world. You can easily learn Ariba because it is a cloud based system without the native SAP look and feel.
Those who came from the SRM world will find it how easy to master Ariba compared to SAP’s proprietory software SRM. The more you are exposed to the procurement side of the organization, the easier it is for you to understand the concepts.
Key Features of SAP Ariba
In this section, we will learn about the key features of SAP Ariba.
SAP Ariba is a B2B solution that allows you to connect to the world’s largest network of vendors and suppliers and enhance business collaboration with the right business partners.
SAP Ariba allows organizations to connect with the right suppliers with deep visibility to your inside vendor and procurement management processes giving way to error free business transactions.
With SAP Ariba, you can directly connect Ariba network with millions of suppliers meeting your business needs and managing supply chain.
SAP Ariba network removes overall complexity in procurement process and suppliers and buyers can manage all key terms of vendor management on a single network.
With acquisition of SAP, Ariba can easily integrate with different SAP ERP solutions like SAP ECC and S/4 HANA with easy to configure workflows to automate different processes in complete procurement cycle.
You can easily integrate master and transactional data from different ERP solution to Ariba processes.