SAP Ariba Uplifts Accenture's Procurement Platform

By CIOReview | Friday, January 22, 2016
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NEW YORK, NY: Accenture is enlarging their business procurement process with SAP Ariba, provider of business commerce network. Accenture’s business intimacy with SAP Ariba endows  its Procurement business process outsourcing (BPO) services.  The combined services of SAP Ariba solution with Accenture incorporates the latter’s proprietary procurement platform to supply Procurement as a Service and supports consumers to reach their target revenues.

SAP Ariba integrates industry-leading cloud-based applications with the notable Internet-based trading community to help companies expose their connectivity in business enhancement such as to buy, sell and manage cash efficiently and effectively.

“We are pleased to be joining forces with Accenture to enable this environment for their clients. In combining SAP Ariba’s best-in-class sourcing technology and business network with Accenture’s deep strategy and category expertise, we can help companies of all sizes across industries drive fast, sustainable results,” says David Johnston, Senior Vice President, Partner Ecosystem, SAP Ariba.

Accenture has been engaged with SAP Ariba since a long time for clients who deal with internal procurement services. Recently, companies turned to hybrid operating models whereas they are able to manage select categories internally and enhance Accenture’s capabilities in other categories.

The new agreement will lead Accenture to evolve Ariba’s eRFX capabilities into its existing source-to-pay platform. The proprietary platform modifies and integrates the entire workflow while collecting and analyzing the procurement data to refine the business outcomes. Ariba Sourcing Professional allows Accenture to experience efficient real-time scoring of qualitative questions and advanced auction capabilities such as Index based auction and Net Present Value (NPV) auctions.

“Procurement is a great example of Accenture’s As a Service strategy at work, and we have made significant investments in a highly specialized procurement infrastructure comprised of people, process, and market intelligence and analytics across the full source-to-pay spectrum - that clients can quickly plug into to accelerate impact,” comments Mike McDaniel, Senior Managing Director, Accenture Operations.