SAP Ariba - Procurement

SAP Ariba Procurement is a network solution supported by web-based applications to enable buying, selling and managing cash amongst B2B buyers and sellers. SAP Ariba's procure-to-pay (P2P) solution provides streamlined catalog maintenance and a configurable interface. Procure-to-pay is the process of requisitioning, purchasing, receiving, paying for and accounting for goods and services. This P2P solution helps businesses to become more agile by allowing better control global spend with flexible management and visibility tools. SAP Ariba Buying and Invoicing also helps to simplify commerce by consolidating and managing each phase of the procure-to-pay process. Ariba delivers quick ROI with built-in approval flows for catalog and contract compliance. SAP Ariba procurement helps the businesses to improve cash flow, control, and compliance without adding complexity. Ariba is the world's largest marketplace for business-to-business transactions making it possible for buyers and sellers to grow connections that matter to them. The key functions of SAP Ariba procurement module include: managing Ariba catalogs, content architecture, deployment considerations with OCI, requisitioning Process, spot buy and supplier collaboration, budget check and automatic approval process, ordering methods and order routing, order split process, creating and managing invoices, reconciliation and exception handling, credit memo process, to name a few.