Broadspectrum optimises procurement with sap ariba
Sydney--(business wire)--for more than 60 years, broadspectrum has been leveraging innovative technologies and processes to help companies across australia optimise their performance and assets. so, when the company decided to overhaul its procurement operations, it tapped into sap ariba. and today, it shared the story of its success at sap ariba live, the premier business commerce event taking place this week at the icc sydney. “at broadspectrum, we are focused on enhancing the performance, integrity and output of our clients’ businesses and assets to deliver real outcomes using market-leading processes and technology platforms,” said kevin mccafferty, executive general manager, procurement, broadspectrum. “with sap ariba, we can achieve these same goals across our own operations, leveraging the company’s cloud-based applications and business network to drive a more efficient and collaborative process for managing our spend and suppliers that drives savings, efficiency and compliance.” like more than 2.8 million companies in 190 countries around the world – including over 800,000 in asia – broadspectrum is connected to the ariba® network. and it is leveraging the digital marketplace and a range of the cloud-based solutions delivered on it to drive a simple, open and smart process for managing its spend from end to end, including sap ariba buying and invoicing™ sap ariba collaborative sourcing™ sap ariba collaborative commerce™ sap ariba contract invoicing™ by integrating sap ariba’s applications with its sap erp system, broadspectrum can drive a closed-loop process that allows the company to effectively and efficiently manage the requisition-to-pay process in a fully automated manner, completely within the sap ariba tool, whilst providing the sap erp system with the required finance commitment, accrual and payment information as well as managing vendor master data and supplier performance. procurement is able to view all requests and determine what action to take, including creating an rfp or running an auction, and set up call off arrangements and catalogues that help drive savings and manage compliance. “procurement is no longer a tactical function, but a strategic imperative that can drive broad business value,” said ben redwine, general manager, sap ariba, asia pacific and japan. “leading companies like broadspectrum recognize this and are embracing solutions that enable them to power new ways of thinking and operating that beyond savings and efficiencies, create long-term, sustainable advantage.” to learn more about sap ariba’s solutions and the value they can deliver, visit www.ariba.com. about broadspectrum broadspectrum is a ferrovial company. broadspectrum and ferrovial partner with their clients to achieve their business ambitions. with a benefit of 60 years’ local and international experience, a workforce of more than 96,000 people, and a presence in over 20 countries, they provide innovative solutions to their clients. they design, fund, construct, operate, and maintain major projects and infrastructure assets across diverse industries. broadspectrum is driven by a relentless pursuit of enhancing human experiences for those who interact with the industries they’re part of. innovation for industry, community and clients is key to their culture with five centres of excellence, longstanding relationships with more than 30 prestigious universities and their own corporate university, summa, in madrid. an example of their global scale and capability, is the ongoing funding, design, construction, operation and maintenance of heathrow airport in london where they ensure smooth operations for 80 airlines, 472,067 flights and 75 million passengers every year. with an s&p rating of bbb, a stable outlook, and an annual revenue of $15 billion, the ferrovial group is one of the world’s leading infrastructure operators and municipal services companies recognised to deliver sustainable solutions in its fields: services, toll roads, construction and airports. about sap ariba sap ariba is how companies connect to get business done. on the ariba network, buyers and suppliers from more than 2.8 million companies and 190 countries discover new opportunities, collaborate on transactions and grow their relationships. buyers can manage the entire purchasing process, while controlling spending, finding new sources of savings and building a healthy supply chain. and suppliers can connect with profitable customers and efficiently scale existing relationships – simplifying sales cycles and improving cash control along the way. the result is a dynamic, digital marketplace, where nearly $1 trillion in commerce gets done every year. to learn more about sap ariba, visit www.ariba.com. about sap as market leader in enterprise application software, sap (nyse: sap) helps companies of all sizes and industries run better. from back office to boardroom, warehouse to storefront, desktop to mobile device – sap empowers people and organizations to work together more efficiently and use business insight more effectively to stay ahead of the competition. sap applications and services enable approximately 355,000 customers to operate profitably, adapt continuously, and grow sustainably. for more information, visit www.sap.com. any statements contained in this document that are not historical facts are forward-looking statements as defined in the u.s. private securities litigation reform act of 1995. words such as “anticipate,” “believe,” “estimate,” “expect,” “forecast,” “intend,” “may,” “plan,” “project,” “predict,” “should” and “will” and similar expressions as they relate to sap are intended to identify such forward-looking statements. sap undertakes no obligation to publicly update or revise any forward-looking statements. all forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations. the factors that 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