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What is Verenia for NetSuite?

Verenia CPQ for NetSuite stands out as the sole CPQ solution that is entirely native to NetSuite, specifically designed to enhance sales processes and minimize expenses for manufacturers of tangible goods. Operated entirely within the NetSuite environment and hosted on Oracle Cloud, it eliminates the need for third-party integrations, ensuring both data security and rapid response times. With Verenia CPQ, sales representatives can consistently generate items with absolute precision, streamlining manufacturing operations and cutting costs by removing errors while automating the generation of bills-of-materials (BOMs) and routings. This seamless integration empowers businesses to operate more efficiently and enhances overall productivity in the manufacturing sector.

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.

Media

Media

Integrations Supported

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

Integrations Supported

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

API Availability

Has API

API Availability

Has API

Pricing Information

$89.00/month
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

Verenia

Date Founded

2012

Company Location

United States

Company Website

www.verenia.com

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

Categories and Features

CPQ

2D Drawing
3D Modeling
Approval Workflow
Guided Selling
Product Configurator
Proposal Generation
Quotes / Estimates
Renewal Management
Self Service Portal
eCommerce

Product Configurator

2D Drawing
3D Modeling
Analysis & Constraints
Custom Pricing Options
Inventory Management
Recommendation Engine
eCommerce

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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