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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 Nvelop?

AI-driven SaaS solutions can significantly enhance and expedite your IT sourcing efforts. Our advanced AI technology will aid in crafting strategies that align perfectly with your business objectives, whether you're on the hunt for cutting-edge market innovations or establishing precise criteria for a request for proposal (RFP). Nvelop's streamlined sourcing methodology enables you to broaden your vendor network and discover new suppliers that align with your business aspirations. With our intelligent tools, generating comprehensive RFPs is a straightforward process. The automation capabilities facilitate the submission of RFPs, manage vendor communications, and handle Q&A sessions with ease. Our robust AI system evaluates and compares incoming proposals, offering recommendations for the most suitable vendors based on your needs. Additionally, it accelerates the contract negotiation process. Furthermore, your confidential information remains secure, as all documents are handled within the protected SaaS environment, eliminating the need for email exchanges. This approach not only enhances efficiency but also ensures that sensitive data is safeguarded throughout the sourcing process.

Media

Media

Integrations Supported

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

Integrations Supported

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

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

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

Nvelop

Date Founded

2024

Company Location

Finland

Company Website

nvelop.ai/

Categories and Features

Sourcing

Auction Management
Budget Management
Collaboration
Global Sourcing Management
Rfx Management
Spend Management
Supplier Management
Supplier Qualification
Supplier Risk Management
Supplier Web Portal
Template Management

Categories and Features

Sourcing

Auction Management
Budget Management
Collaboration
Global Sourcing Management
Rfx Management
Spend Management
Supplier Management
Supplier Qualification
Supplier Risk Management
Supplier Web Portal
Template Management

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