Ariba was once just a vision among a group of colleagues who visualized a more efficient and effective way of collaboration and corporate purchasing with the use of the internet. To date, Ariba is an SAP company that provides solutions in Spend and Supplier Management, Payables Management and E-Commerce and Account Management.
In terms of Spend and Supplier Management, Ariba helps enterprises cut cost through certain methodologies such as spend analysis, supplier directory, sourcing, contract management, procurement and supplier management.
Payables Management solutions, on the other hand, accelerates processing and drives compliance through Invoice Management, AribaPay, and Discount Management.
Finally, the E-commerce and Account Management solutions provide users some tools in managing their account to ensure value increase in their business.