Sourcing and Procurement with SAP Ariba@Model.HeadlineSize>
Procurement with SAP Ariba is organized into three main processes:
The sourcing process focuses on the management of electronical requests for information (RFI), requests for quotation (RFQ), and requests for proposal (RFP). At the same time, sourcing is also conducting process compliance, reverse auctioning, and reporting against business key performance indicators (KPIs). The contract process focuses on the management of contracts (e.g., expiration) and
conducting authoring compliance.
Request processing focuses on strategic requisitioning capabilities, such as collaborative requisitioning and approvals, supplier onboarding, and catalog management, among others. The buying process focuses on order routing, spot-buy capabilities for noncontract spending, purchase order generation, and supply chain execution.
Invoice processing focuses on digitizing invoices into an electronic format, which contains process steps such as delivery, matching, validating, and approval of invoices. SAP Ariba proactively converts suppliers submitting paper invoices to an electronic process after they reach a certain volume threshold, reducing the expense of paper as a positive side effect.
Payment processing focuses on synchronizing the delivery with electronic payments to eliminate risks and inefficiencies.