Business networks and cloud applications are making it easier for companies to connect and collaborate with their trading partners in a more simple, smart, and open manner than ever before. Innovative companies are leveraging these solutions to manage their supply chains with greater agility and efficiency, while extending and maximizing their investments in on-premise technology.
Take Al-Futtaim. As a diverse automotive company going through a rapid phase of growth, the company understands the need to keep things moving. So when manual processes and lack of standardization began to hamper its procure-to-pay operations, the company set out on a new course.
Achieving source-to-pay excellence
“We needed to gain better visibility into and control over our spend,” says Asad Zaidi, director of Procurement and Performance Improvement, Automotive Division, Al-Futtaim. “And we knew that in order to achieve this, we’d need to automate our operations.”
So the company tapped into the Ariba Network and the SAP Ariba cloud-based applications for procurement and invoicing that run on it as part of an aggressive plan that included:
- Creating a standard, best-practice procure-to-pay process that would provide a clear view into spend and contracts and improve controls and compliance.
- Enabling suppliers to collaborate electronically on everything from sourcing and orders to invoicing and payment.
- Giving business users a friendly, consumer-like, experience by enabling them to procure through catalogs.
- Digitizing invoices to reduce errors and inefficiency.
“We needed to change the way we did business,” Zaidi recalls. And since implementing solutions from SAP Ariba, it has. Today, Al-Futtaim has a uniform and centralized process for purchasing goods and services across its operations. It has all but eliminated manual purchase orders and the majority of its invoices are received and processed electronically.
Learn more about supply chain and procurement excellence
On June 29, Al-Futtaim shared the story of its transformation during a webinar, “Roadmap to Procurement & Supply Chain Excellence: Integrate SAP Ariba into you SAP Portfolio.” This free event featured Dharmendra Singhvi, General Manager Enterprise IT, Al-Futtaim Group. During the webinar, SAP Ariba experts also discussed current and future ready-to-use integration capabilities that make it easy for customers to integrate SAP Ariba cloud-based applications and the Ariba Network into their SAP infrastructure.
To watch the webinar replay, click here.