Cost savings can become sustainable when you integrate indirect sourcing, contracting, and supplier management processes.
Vendor
SAP
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Manage indirect sourcing, contracts, and suppliers with a single solution
Successfully sourcing the goods and services you need to run your business requires control over complex sourcing and contracting processes. By connecting the right people, processes, and information, you can manage indirect sourcing in a simple, smart, and open way. Optimize indirect sourcing processes to improve margins, cut costs, and reduce risk. SAP Ariba Source-to-Contract Suite offers a cloud-based integrated solution bundle for managing sourcing and suppliers across the source-to-contract cycle.
- Cloud deployment
- Support for planning and execution of sourcing strategies
- Management of the end-to-end contract lifecycle management process
- Advanced, integrated supplier selection and qualification features
Key benefits
Improve spend coverage
Simplify content creation using features that run on AI and machine learning as you expand supplier connections and collaboration over SAP Business Network.
Realize sustainable savings
Enhance compliance and stop contract leakage by managing procurement and sales contracts with integrated supplier and contract management functionality.
Collaborate effectively with suppliers
Execute sourcing events, use constraint-based optimization scenarios, and apply tools such as event scoring and feedback to drive event competitiveness.
Key features
Guided sourcing
- Expedite and improve the creation, monitoring, and awarding of RFI and RFP events
- Manage events using artificial intelligence and a machine learning assistant
- Enhance project management with flexible tools, such as integrated workflows, document management, and approvals
Integrated contract management
- Improve control and compliance with tools for authoring and approving contracts, a clause library, and workflows
- Automate and accelerate the contract lifecycle while standardizing and controlling contract development and approval
- Collaborate with internal stakeholders and trading partners
Optimized supplier management
- Assess and qualify suppliers based on category, region, and business unit
- Manage supplier performance with a centralized information portal
- Streamline supplier onboarding processes, including workflows and approvals, while assessing compliance and mitigating supply risk