PALO ALTO, Calif.--(BUSINESS WIRE)--When it comes to procurement, SAP Ariba is recognized by top-tier research firms as a leader in core technology that is driving the function. Gartner identified SAP Ariba as such in a key report published in 2016. And Forrester Research cited the company as a Leader for Buy-Side Contracts in The Forrester Wave™: Contract Life-Cycle Management, Q3 2016. SAP Ariba attributes these recognitions to its commitment to continuous innovation and focus on customer success.
A Leader in Procure-to-Pay Suites
In the Gartner Magic Quadrant for Procure-to-Pay Suites, 2016, Gartner Inc. evaluated full-suite procure-to-pay solutions from 12 different software vendors on 12 criteria and jointly placed SAP Ariba and SAP Fieldglass in the Leaders’ quadrant based on their completeness of vision and ability to execute.
Leads in market presence and product portfolio for ePurchasing
In its “Vendor Landscape: ePurchasing Suites, 2016 To 2017,” published in November 2016, Forrester Research, Inc. noted “Both Ariba and SAP have been in the ePurchasing game since the late 1990s, and it shows in their market presence and product portfolio. SAP now leads with Ariba's SaaS suite, which includes eProcurement, eSourcing, CLM, spend analysis, eInvoicing, SRPM, and Ariba Network, the largest business network.”
A Leader in Contract Life-Cycle Management for Buy-Side Contracts
In “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) Forrester 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 Support
- 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.
“Procurement today is about creating opportunities for both buyers and sellers to connect and collaborate across the entire source to settle process in totally new ways that create commerce and drive business advantage,” said Alex Atzberger, president, SAP Ariba. “At SAP Ariba, we are continuously delivering groundbreaking innovations that beyond simply automating documents and processes, drive real transformation and value for our customers.”
About SAP Ariba
SAP Ariba is how companies connect to get business done. On the Ariba Network, buyers and suppliers from more than two 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 more than $1 trillion in commerce gets done every year.
To learn more about SAP Ariba, visit www.ariba.com
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 345,000 customers to operate profitably, adapt continuously, and grow sustainably. For more information, visit www.sap.com.
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