There's a lot you want to know about your company's buying practices — like who's buying what, from whom, and for how much. You're getting only part of the picture if you rely on tools like Excel and disparate data warehouses to organize information, as many companies do. With such a limited spend analysis, you could be leaving money on the table, and exposing your company to greater supply risk.
Get the whole picture with
Ariba Spend Visibility.
Delivered via the Ariba Commerce Cloud, Ariba Spend Visibility extracts your data from wherever it lives, classifies it for easy analysis, and enriches it with valuable market and business intelligence. What's more, you'll be part of the largest online community of trading partners and spend management leaders. You have access to supplier pricing, savings, and performance benchmarks to augment your data for comprehensive analysis.
Armed with complete visibility, you can bring more spend under management, minimize risk, and drive compliance. Quickly identifying savings opportunities and making better, more strategic sourcing decisions, you'll strengthen your edge in an increasingly competitive marketplace.
Learn how you can...
Gather and organize spend data.
If you're having trouble gaining visibility into your company's buying habits, your data is probably fragmented across a variety of systems. It's also not formatted or coded for easy classification. Ariba Spend Visibility can extract your data from your ERP, purchasing, P-card, and legacy systems. Then, uniformly format and classify it by applying industry and company-specific standards; and enrich it with global supplier and supply market intelligence. Finally, your company-wide spend data is consolidated into one reporting system for easy access, analysis, and decision making.
Strengthen operations for sustained savings.
Greater operational efficiency can lead to sustained savings through more-strategic sourcing. Start by streamlining your data warehouse capabilities; this enables ongoing data classification, enrichment, and consolidation with guaranteed levels of accuracy. From there, fully automated processes continually update your improved data and present it via customizable, role-based dashboards. An easy-to-use, drag-and-drop interface facilitates powerful analysis, prioritization, and reporting of savings opportunities. And for ongoing operational support, you can share know-how with online community groups, and get as-needed advice from the Ariba Best Practice Center.
Improve in-house category, supplier, and market knowledge.
Mere visibility into spending isn't enough for making informed sourcing decisions. You also need to know about the categories, suppliers, and markets that pertain to what you're buying. That's why Ariba Spend Visibility is embedded with commodity and sourcing intelligence. Your spend analysis is integrated with supplier attributes, such as parentage, financials, diversity status, and other evaluation criteria. Category experts are on-hand to help explain of sourcing taxonomies, spend assessments, and more. Plus, peer spend profiles, built from data about thousands of buyers and sellers, can further help you sharpen your spending strategies.
Drive compliance.
Ariba Spend Visibility is your first step toward identifying and eliminating maverick spending, fraud, and other noncompliance factors. Complete, accurate, and continually up-to-date spend records help you launch and maintain compliance initiatives with both internal and external parties. Dashboards and reports keep all stakeholders informed about contracts and progress toward strengthening the bottom line. And through the Ariba Commerce Cloud, Ariba Spend Visibility is fully integrated with Ariba's Contract Management solutions, because compliance begins with effective contract creation.
Identify and assess supply risk.
Minimizing risk in our volatile marketplace is critical. Especially if you're trying to save cash by maintaining leaner supply inventories, centralizing distribution, sourcing low-cost countries, or other such strategies. If the threat of supply chain disruptions keeps you up at night, you can rest assured with Ariba Spend Visibility. Enriched with supplier and market data, it provides critical details about supplier financial ratings, risk scores, capacity constraints, and more. When you see warning signs, you can take immediate action. And with access to the Ariba Network, you can quickly locate alternative suppliers.
When you do business in the Ariba Commerce Cloud, you can more easily integrate your tools for spend analysis and visibility with on-demand solutions for sourcing, procurement, supplier management, and more. Plus, you can engage with Ariba's industry-leading global commerce community, enabling you to manage all your trading relationships in one place: networking, sharing best practices, and collaborating with your partners and your peers. Learn more about the Ariba Commerce Cloud.
Request more information about Ariba's spend management solutions.
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