Defining the Automation Trends with SAP Ariba

In today’s frequent evolution era, digital transformation is coming up as a strongest force for businesses to assure top-line growth, operational transparency & bottom line efficiency. Disruptive digital technologies are becoming the real source to capture business values. Encouraged with innovative technologies & business transformation solutions, digital-enabled businesses are becoming smarter, faster & scalable.

Technology advancement, adopting best business practices & increasing consumer demands are driving the procurement to transform. Disruptive digital technologies are becoming the real source to capture business values. This digital disruption is enacting business leaders to rethink the traditional processes for procurement. With the advancement in the digital age, procurement is now no longer responsible only for bottom line results rather backed – up by real time access to market data & automation, procurement can offer valuable top-line strategic decisions & acting as a business lever to drive business value across the enterprise.

Surviving in this new digital reality will require procurement to move beyond bottom-line efficiency and transforming the supply chain. Disruptive digital technologies are becoming the real source to capture business values. Procurement embraced with detailed information, analytics & strategic collaboration results in more sophisticated category management, supplier relationship & strategic sourcing.

Technology advancement, adopting best business practices & increasing consumer demands are driving the procurement to transform. Disruptive digital technologies are becoming the real source to capture business values. This digital disruption is enacting business leaders to rethink the traditional processes for procurement. With the advancement in the digital age, procurement is now no longer responsible only for bottom line results rather backed – up by real time access to market data & automation, procurement can offer valuable top-line strategic decisions & acting as a business lever to drive business value across the enterprise.

Procurement Trends for Business Evolution:

• Improved Procurement Perception: Adoption of robust procurement technology empowering procurement to realize business values & strategic investment above cost pressures.

• Process Automation: Manual excel purchasing cannot make-up the increasing purchasing demands of today and are more prone to human errors. Procurement systems are converting into cloud-based technologies to plug the evolution pace and take real time, smart & faster decisions.

• Advanced Spend Analysis: Intelligent Spend Management platform for robust spend analysis have helped organizations to take data-driven decisions, create better processes and smarter insights to procurement.

• Talent to embrace Digital Technology: Organizations require the talent to utilize maximum from the digital technologies by building a holistic view of supply chain & drive enterprise – wide cost reductions.

• Collaborative Supply Management: Driven by external factors like natural hazards & political changes, there is an increased need to centralized buying practices, vendor consolidation & higher standards of suppliers.

Cloudway – Trusted Partner for Procurement Automation

Cloudway is supporting the enterprises in their journey to digital transformation from last 10 years. With a decade long experience & industry expertise, Cloudway brings Investment Guarantee model with committed savings on indirect spend through SAP Ariba. Disruptive digital technologies are becoming the real source to capture business values. This model helps organizations to achieve highest ROI, lower TCO, intelligent spend management, automated processes, strategic sourcing, smarter & faster decisions with SAP Ariba.

Mail : Info@cloudwayconsulting.com

Cloudway has talented professionals with extensive experience in several multinationals. The testimonial to their technical proficiency is the patents they hold in technology and enterprise application development.