Topping Supply Chain Digital's Top 10 list for the biggest software companies worldwide is SAP Ariba — the leading global Spend Management Network.
Originally acquired by SAP in 2012, SAP Ariba is recognised as the go-to place for companies to connect in order to get business done. Through its Ariba Network, 4.4mn companies in over 190 countries are connected, unlocking new opportunities and collaborating on transactions to further its business relationships.
Transacting $2.9trn costs in business commerce every year, the Ariba Network controls costs, manages spend and minimizes risks through data-driven insights to streamline the user experience. More than on the Ariba Network to uncover new opportunities and work together on transactions with the view to further their relationships. With over $7.9bn of goods and services traded every day, SAP Ariba is considered the largest business-to-business network worldwide.
Through SAP Ariba’s Buying and Invoicing, the company offers a streamlined procure-to-pay (P2P) software solution that sets the standard for all other procurement software offerings to follow suit. Helping to better control global spend through flexible management and visibility tools. The P2P solution features include:
The solution enables large, midsize and growing companies to enjoy the benefits of a simple and smart guided experience. It offers a quick ROI through built-in approval which ensures catalogue and contract compliance. Through this software, SAP Ariba aims to ensure its negotiated savings reach companies’ bottom line.
SAP Ariba at a glance
HQ: Palo Alto, California (US)
No. of Employees: 3,636 (SAP, 2015)
Revenue: €24.7bn ($27.3bn)
Relevant Executive (LinkedIn): Darren Koch, Chief Product Officer
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