Ariba Savings Pipeline and Tracking
Optimize your strategic sourcing initiatives and reach your savings targets with more efficient pipeline management, analysis, and reporting
Implementing an online sourcing solution is a critical step toward achieving your savings goals. And to meet your targets, you must create, manage, and report your sourcing pipeline. Otherwise, you may struggle to drive usage of your sourcing program's tools and processes, especially if many different stakeholders are involved. But getting the information you need for analysis can be a challenge, because it's hard to consistently track the transactions and histories associated with each savings initiative.
Get Ariba Savings Pipeline and Tracking to evaluate your sourcing program's impact, drive adoption, and accelerate results.
Ariba Savings Pipeline and Tracking can help you define your sourcing program activities and measure success by tracking and reporting savings and spend. Armed with this information, the system's users can better manage sourcing pipelines by:
- Creating a shared plan for executing upcoming sourcing activities
- Determining if resources are available for upcoming projects
- Tracking transactions and histories associated with individual savings initiatives, and using that information as a template for future initiatives
- Tracking savings by time period, regions, supplier, and spend type
- Warehousing all transactional data to create reports and analyze savings
- Collaboratively capturing and sharing savings insights with all stakeholders
- Providing warnings when at risk of not meeting savings goals
There are additional benefits to this more collaborative and efficient approach to savings pipeline development and tracking. Working with Ariba, you can:
- Save time and money by reducing manual processes and related errors
- Improve visibility into sourcing and spending activity
- Streamline the way sourcing initiatives are conceived, approved, and executed
- Acquire a highly secure way to track savings through documented access control and approvals
- Access training and support for rapid deployment, accelerated adoption, and early ROI
Request more information about Ariba Sourcing solutions.
Register for a live demo.
