Sap ariba drives nearly one trillion in commerce
Sunnyvale, calif.--(business wire)--supply chain management isn’t a set of discreet tasks performed in silos. it’s a connected process carried out across many functions and geographies. and the solutions used to drive it need to be linked and support this process from end to end. in 2015, more than two million buyers and sellers around the world tapped into the comprehensive source-to-pay solutions and business network offered by sap ariba, to digitize their supply chains and more simply and efficiently manage their trading relationships and spend. and in the process, they drove nearly one trillion in commerce. “supply chains around the world are undergoing radical modernization as companies leverage technology to improve processes and change the way that work gets done,” said dana gardner, principal, interarbor solutions. “the key to success in this new, digital era lies in networking multiple parties and systems using a common platform that supports the entire source-to-settle process and provides a gateway for collaboration — both within and beyond the enterprise — on a global scale.” digitizing the enterprise through its cloud-based source-to-pay solutions and business network, sap ariba provides a single, integrated platform and easy-to-use interface through which companies can manage all of their customers, partners and spend and collaborate around key business processes – from procurement and finance to sales and marketing. and global companies are taking advantage of the solutions to transform their operations. during the fourth quarter of 2015, many leading global brands added sap ariba to their technology portfolios, including: jaguar land rover, the uk’s largest automotive manufacturing business, which will use ariba® sourcing™, ariba contract management™ and ariba supplier information and performance management™ to drive an end-to-end source-to-pay process, gain greater visibility into contracts and more effectively manage its suppliers. arauco, a forestry company headquartered in chile, which will implement ariba sourcing solutions and the ariba network™ to support its procure-to-order process from end-to-end. with ariba solutions, arauco expects to execute sourcing projects faster, identify savings opportunities, reduce on-boarding time for suppliers and improve accuracy of supplier profiles. “the supply chain today is more digital than ever,” said alex atzberger, president, sap ariba. “companies that recognize this and embrace solutions that enable them to capitalize on this trend will not only fuel greater innovation, simplicity and speed, but open new opportunities to create value and business advantage.” about sap ariba sap ariba is the world’s business commerce network. sap ariba combines industry-leading cloud-based applications that cover the entire source-to-pay process with the world's largest internet-based trading community to help companies discover and collaborate with a global network of partners. using the ariba® network, businesses of all sizes can connect to their trading partners anywhere, at any time from any application or device to buy, sell and manage their cash more efficiently and effectively than ever before. companies around the world use the ariba network to simplify inter-enterprise commerce and enhance the results that they deliver. join them at: 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 more than 300,000 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 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 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