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What is SAP Ariba Strategic Sourcing?

The SAP Ariba Strategic Sourcing Suite offers a holistic digital platform designed to oversee the complete source-to-contract process for both direct and indirect materials. In today's interconnected and outsourced economy, B2B supply chains have become a crucial avenue for achieving profitability, realizing cost efficiencies, and establishing a competitive edge. Nonetheless, the market has often faced challenges due to the absence of a cohesive digital framework that adeptly manages sourcing across both material categories, providing a singular solution that addresses all spending areas and manages the entire source-to-contract cycle. This comprehensive approach incorporates the introduction of new bills of materials (BOMs) from product lifecycle management (PLM) systems, alongside integrations for sourcing, contract management, and manufacturing execution. Relying on separate systems and processes for direct and indirect materials may result in contract leakage, increased IT costs, missed savings, and lost revenue opportunities, in addition to complicating internal collaboration among teams. By adopting a unified solution, organizations can improve operational efficiency and foster greater synergy in their sourcing initiatives, ultimately leading to more strategic decision-making and enhanced financial outcomes.

What is Felix?

Felix (ASX.FLX) operates as a cloud-oriented procurement solution that revolutionizes how asset owners and construction professionals discover, oversee, and collaborate with external suppliers. By centralizing and optimizing Vendor Management (S2C) and source-to-contract (S2C) processes, it aims to enhance productivity, minimize risks, and cut costs significantly. This integrated platform ensures that all necessary information, resources, and personnel are seamlessly connected, facilitating smoother operations for its users. Furthermore, the use of such a comprehensive system allows for better decision-making and more efficient project execution.

Media

Media

Integrations Supported

Data Secure
Keelvar
Neptune DXP
SAP Ariba
SAP Joule
Splunk User Behavior Analytics
Toadfly Industrial Progress Viewer

Integrations Supported

InEight
Oracle Aconex

API Availability

API Availability

Has API

Pricing Information

Pricing not provided

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Not specified

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Not specified

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

SAP

Date Founded

1972

Company Location

Germany

Company Website

www.ariba.com/resources/library/library-pages/sap-ariba-strategic-sourcing-suite

Company Facts

Organization Name

Felix

Date Founded

2014

Company Location

Australia

Company Website

www.felix.net

Categories and Features

Sourcing

Auction Management
Global Sourcing Management
Rfx Management
Spend Management
Template Management

Categories and Features

Compliance

Audit Management
Compliance Tracking
ISO Compliance
OSHA Compliance
Risk Management
Surveys & Feedback
Version Control
Workflow / Process Automation

Contract Management

Completion Tracking
Compliance Tracking
Version Control
Workflow Management

Procurement

Bid Management
Contract Management
Requisitions & Approvals
Sourcing Management
Spend Management
Supplier Management

Sourcing

Collaboration
Rfx Management
Spend Management
Supplier Management
Supplier Qualification
Supplier Risk Management
Supplier Web Portal

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