Exploring the Latest Features and Updates in SAP ARIBA- What Procurement Professionals Need to Know?

Shivali Sharma | Updated on 19 May, 2023 | Google Cloud Training and Certification Courses Online | 1686

SAP ARIBA is a leading procurement solution that helps businesses streamline their procurement process, from sourcing to payment. Enroll for SAP ARIBA Certification Training course from Multisoft Virtual Academy to gain in-depth knowledge about the SAP ARIBA platform. The platform is constantly evolving, with new features and updates being released regularly. As a procurement professional, it is essential to stay up-to-date with these changes to ensure that your procurement process is always optimized for success.

In this article, we will explore some of the latest features and updates in SAP ARIBA and discuss how they can benefit your procurement process.

AI-Powered Sourcing

One of the latest features in SAP ARIBA is the AI-powered sourcing. With this feature, businesses can automate the sourcing process, from identifying the right suppliers to negotiating contracts. This enables businesses to save time and reduce costs, while also ensuring that they are working with the best suppliers.

Enhanced Supplier Management

SAP ARIBA's enhanced supplier management features allow businesses to manage their suppliers more efficiently. With this feature, businesses can monitor supplier performance, track supplier compliance, and collaborate with suppliers more effectively. This enables businesses to build stronger relationships with their suppliers and ensure that they are meeting their procurement needs.

Integrated Payment Solutions

Another significant update in SAP ARIBA is the integration of payment solutions. With this feature, businesses can streamline their payment process, from invoice to payment. This enables businesses to make payments more efficiently and effectively, reducing the risk of errors and delays.

Intelligent Contract Management

SAP ARIBA's intelligent contract management feature allows businesses to manage their contracts more efficiently. With this feature, businesses can automate contract creation, manage contract compliance, and track contract performance. This enables businesses to reduce their risk and ensure that they are meeting their contractual obligations.

Improved Mobile Experience

Finally, SAP ARIBA's improved mobile experience enables procurement professionals to manage their procurement process on-the-go. With this feature, procurement professionals can access critical information and complete procurement tasks from their mobile devices, making it easier to manage their procurement process from anywhere.

Why enroll for SAP ARIBA Certification Training course from Multisoft Virtual Academy?

Multisoft Virtual Academy has been in training industry for more than 2 decades and backed by a team of global subject matter experts from around the world. With Multisoft, you get the opportunity to learn from experienced industry experts and gain skills with hands-on experience from real-life projects and assignments. All the courses offered by Multisoft come with perks like lifetime access to e-learning material, recorded training session videos and after training support.

The courses are delivered in live instructor led, one-on-one and corporate training sessions, where after successful completion of the training program, aspirants receive a

globally recognized training certificate to validate and showcase their learning and skills to potential employers across the world.

Conclusion: Through SAP ARIBA Certification Training course from Multisoft Virtual Academy, participants will learn about features and capabilities of SAP ARIBA, such as AI-powered sourcing, enhanced supplier management, integrated payment solutions, intelligent contract management, and improved mobile experience, to streamline procurement process and achieve greater efficiency and cost savings.

Training Schedule

Start Date	End Date	No. of Hrs	Time (IST)	Day
23 Nov 2024	15 Dec 2024	30	06:00 PM - 10:00 AM	Sat, Sun	Enroll Now
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30 Nov 2024	22 Dec 2024	30	06:00 PM - 10:00 AM	Sat, Sun	Enroll Now
01 Dec 2024	23 Dec 2024	30	06:00 PM - 10:00 AM	Sat, Sun	Enroll Now
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About the Author

Shivali Sharma

Shivali is a Senior Content Creator at Multisoft Virtual Academy, where she writes about various technologies, such as ERP, Cyber Security, Splunk, Tensorflow, Selenium, and CEH. With her extensive knowledge and experience in different fields, she is able to provide valuable insights and information to her readers. Shivali is passionate about researching technology and startups, and she is always eager to learn and share her findings with others. You can connect with Shivali through LinkedIn and Twitter to stay updated with her latest articles and to engage in professional discussions.

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Exploring the Latest Features and Updates in SAP ARIBA- What Procurement Professionals Need to Know?

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About the Author

Shivali Sharma

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Exploring the Latest Features and Updates in SAP ARIBA- What Procurement Professionals Need to Know?

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