Ariba StartSourcing also provides integrated access to Ariba Discovery, the industry's largest online marketplace for accessing profile, performance, and other qualification information on more than 300,000 suppliers, making it easier than ever to connect and do business with the right partners around the world.
"Ariba has knocked down the four walls and enabled us to access a marketplace that had been difficult for us to get into in the past," said Ahmet Hepdogan, Vice President of Sourcing, Fresh Start Bakeries North America. "With Ariba StartSourcing, we can find and do business with reliable trading partners in a completely transparent manner and generate savings and efficiencies that positively impact our operations and bottom line."
With Ariba StartSourcing, companies may:
* Realize savings of more than 13 percent
* Discover new, qualified suppliers to improve bid competitiveness
* Reduce sourcing cycle times by 50 percent and administrative costs by 15 percent
Effective contract management is a critical lever that companies can pull to quickly find contract information, optimize profits and identify risks and opportunities. But it's easier said than done. Many organizations lack a central repository for storing contracts. So agreements are often hard to find, making it difficult if not impossible to assure compliance.
Ariba StartContracts provides small and medium organizations with the technology and processes needed to automate and enhance their contract management functions. With Ariba StartContracts, legal, sales, and procurement professionals may:
* Create a central, online contract repository for storing all critical agreements
* Begin managing contracts in as little as one to two days
* Manage contracts across the organization using robust free-text search and reporting capabilities
* Report on contracts across the organization
* Receive notifications about expiring contracts and other key milestones
* Benefit from global and multi-currency/multi-lingual support
