An increasing number of Latin American companies are transforming their operations by teaming up with SAP Ariba, the software giant has said.
Next month, leading companies from around the region will gather at SAP Forum Brasil 2018 to discuss how they are using the Ariba Network and the cloud-based applications delivered on it to digitize their procurement operations and manage everything from sourcing and orders to invoicing and payment in a simple, smart and consumer-like way.
The event will be held at the Transamerica Expo Center in São Paulo September 11-12.
“Latin America is officially wired, and procurement is no exception,” said Catalina Manrique, Vice President and General Manager, SAP Ariba Latin America.
“In embracing digital networks and the technologies underlying them to power procurement, companies of all sizes, across industries are unleashing a new way of doing business that is fueling both innovation and competitive advantage region wide.”
More than 3.4mn companies – including nearly 350,000 in Latin America – currently use SAP Ariba’s solutions to manage their procurement operations.
In the past 12 months, these companies in have exchanged more than 700,000 purchase orders worth close to $106bn and more than 1.2mn invoices valued at nearly $18bn.
Those companies include: