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Product: |
Ariba Spend Management Solution |
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Company: |
Ariba, Inc. |
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Type: |
Software |
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Model #: |
Energy |
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Description: |
The Ariba Spend Management solution gives today's energy companies the visibility and control they need to manage their spend throughout the entire purchasing cycle - helping them increase their sourcing and procurement efficiency and realize dramatic time and cost savings that directly impact the bottom line.
Today's energy companies face significant challenges. The pressures of deregulation and the need for massive capital investments are forcing companies to become more cost-effective than ever before. To succeed, energy companies must continually analyze and improve the efficiency of all their business processes-so they can increase return on capital employed (ROCE) and improve shareholder value. They also need the tools to effectively handle their spend so they can reduce costs and maximize the value of every transaction.
Ariba Spend Management provides a comprehensive, integrated solution designed from the ground up to help energy companies manage and optimize all their enterprise-wide spend, from spend analysis, negotiation, and supplier selection through to fulfillment and payment. Whether for sourcing and purchasing in the industry's largest single non-fuel spend category - complex products and services - or for items such as capital equipment, materials, and replacement parts, Ariba Spend Management enables companies to obtain better prices and realize significant process efficiencies. |
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Related Products: |
Budgeting | Energy Industries | eProcurement | Spend Management Software | Supplier Relationship Management | Vendor Selection |
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