Exploring SAP Ariba Snap: Digital Procurement for Midsize Companies
The SAP Ariba Snap program enables midsize companies to take control of spending and enforce compliance with an automated procure-to-pay process that includes preconfigured spend categories, embedded procurement policies, business rules, and approval workflows. Backed by decades of SAP experience in procurement, SAP Ariba Snap provides support for best practices with intuitive deployment and administration plus ready adoptability.
Designed specifically for midsize companies, SAP Ariba Snap is packaged and priced to fit your business and scale as you grow. In this piece, learn more about SAP Ariba Snap, digital procurement, features and benefits, and more below:
RAPID TIME TO DEPLOYMENT AND RETURN ON INVESTMENT
A unique software-as-a-service program, SAP Ariba Snap provides flexibility, control, and compliance with vendors, contracts, regulations, buyers, and your finance organization. You can scale to dynamically manage your suppliers, processes, budgets, approvals, and payments on a global basis. SAP Ariba Snap provides you with a powerful way to manage spending by delivering preconfigured spend categories for your industry, embedded procurement policies, business rules, and approval workflows that you can administer with self-service. With source-to-pay deployment achievable in as few as 12 weeks, you can experience rapid time to value.
FEATURES OF SAP ARIBA SNAP
Preconfigured solution with community best practices, buying channels, and content from day one
Shopping and approvals on an app
Guided buying capability with access to the Spot Buy capability, with more than 15 million SKUs on day one
Contracts enable spend compliance
Tactical sourcing and award
Financial reports using all data in the system
Ariba Network allows you to plug into the world’s largest business network
E-invoicing for PO flip, receiving, confirmations, and ship notices
AP automation to help reduce cycle time, payments, and discounts
Deployment of SAP Ariba Snap is executed by configuration versus customization – making it much easier and less resource-intensive to implement and maintain. Delivered at a lower cost than other delivery methods, SAP Ariba Snap comes with premium features that are automatically updated with each new release. Languages, ERP systems, and business locations are no longer concerns since all you need is an Internet connection.
BENEFITS OF SAP ARIBA SNAP
Increased visibility and tracking from purchase order creation through invoicing and payment processing
Spend compliance, process efficiencies, and more effective cash flow and payment management
Enhanced alignment across the procurement process, increased transaction visibility, and reduced processing errors
Rapid time to value
IS SAP ARIBA SNAP RIGHT FOR YOU?
With intuitive deployment, administration, and adoption, SAP Ariba Snap gives you more control over spending. You can provide employees with a straightforward buying site that connects to millions of suppliers and SKUs, and improve cash flow, control, and compliance without adding complexity.
Customers with a revenue of less than $1 billion USD or indirect spending of less than $500 million typically achieve the greatest success from implementing SAP Ariba Snap.
To learn more about SAP Ariba Snap, contact Crescense today.
This insight was provided by SAP for value-added resellers like Crescense. Contact our team for more information on selecting the right SAP solution to meet your business’s needs.