Sap ariba ranked as a leader in contract life-cycle management for
buy-side contracts
Palo alto, calif.--(business wire)--sap ariba today announced that it has again been ranked as a leader in contract life-cycle management for buy-side contracts by independent research firm forrester research, inc., this time in a new report titled “the forrester wave™: contract life-cycle management, q3 2016: the 14 clm vendors that matter most and how they stack up,” (the forrester wave™: contract life-cycle management, q3 2016, forrester research, inc., july 2016). designed to assess the current state of the market for contract lifecycle management solutions, the forrester wave evaluated 14 clm software vendors using 28 criteria. in the contract life-cycle management for buy-side contracts portion of the evaluation, sap ariba had among the highest scores for: existing and third-party contract support contract types supported financial resources to pursue strategy the company also received the highest score among all vendors in the market presence category (customer base and revenue) for the buy-side portion of the evaluation. “contracts are a critical element of the source-to-pay process,” said alex atzberger, president, and sap ariba. “we are honored to be recognized as a leader for sap ariba’s capabilities and will continue to innovate in collaboration and compliance for contract management.” ariba® contract management™ is an end-to-end solution designed to eliminate the paper and ink from the creation, execution, and management of any type of contractual agreement. with ariba contract management, companies can: manage procurement and sales contracts, ip licenses, internal agreements, etc. automate and accelerate the entire contract lifecycle standardize and control contract development collaborate with all stakeholders strengthen operational, contractual, and regulatory compliance for more information on ariba contract management and the value it can create for your organization, visit www.ariba.com about sap ariba sap® ariba® is the marketplace for digital business, creating frictionless exchanges between millions of buyers and suppliers across the entire source-to-pay process. our market-leading solutions enable companies to simplify collaboration with their trading partners, make smarter business decisions and extend their collaborative business processes with an open technology platform. more than two million companies use sap ariba solutions to connect and collaborate around nearly one trillion in commerce on an annual basis. to learn more about the company’s offerings and the transformation they are driving, visit www.ariba.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 could affect sap's future financial results are discussed more fully in sap's filings with the u.s. securities and exchange commission ("sec"), including sap's most recent annual report on form 20-f filed with the sec. readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. © 2016 sap se. all rights reserved. sap and other sap products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of sap se in germany and other countries. please see http://www.sap.com/corporate-en/legal/copyright/index.epx#trademark for additional trademark information and notices.
