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Companies Continue to Digitalize Spend Management with SAP® Ariba® and SAP Fieldglass® Solutions in the First Quarter

SAP Logo (PRNewsfoto/SAP SE)

News provided by

SAP SE

Apr 29, 2021, 08:00 ET

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WALLDORF, Germany, April 29, 2021 /PRNewswire/ -- SAP SE (NYSE: SAP) today announced that hundreds of companies across the globe, including Toyota Material Handling U.S.A. and Veolia North America, in the first quarter chose SAP® Ariba® and SAP Fieldglass® solutions to digitalize procurement and external workforce management. Hundreds more renewed licenses for SAP Ariba and SAP Fieldglass solutions and went live with the solutions to accelerate spend management optimization. Key highlights from the quarter include: 

Grupo Empresarial Colombina, one of the leading Colombian food conglomerates with more than 90 years of operations, selected SAP Ariba solutions for digital procurement. The company aims to standardize and automate its end-to-end source-to-pay processes to help enhance visibility into its spend, increase efficiencies and compliance, and better align its spend management strategies with corporate goals.

Expo 2020 Dubai, a six-month World Expo set to begin in October 2021, digitalized its procurement operations with SAP Ariba solutions to help gain visibility into its spend, tighten collaboration with over 25,000 global suppliers and achieve process automation, including completely paperless invoicing. Already, in just two months, the Expo brought some $1.4 billion in spend under management on Ariba Network.

Grupo Ageas Portugal, a leading insurance company, rolled out SAP Ariba solutions for sourcing, buying, contracts, commerce automation and supplier lifecycle performance. The company modernized its procurement processes and looks forward to increasing efficiency and spend transparency, improving cost controls and savings, and enhancing compliance and competitive advantage. In setting up a world-class procurement function, Grupo Ageas Portugal will improve the experience for staff and suppliers.

Unisys, a global IT services company, implemented SAP Fieldglass solutions to help modernize its external workforce management program. The U.S.-based company now has a solution with strong localization capabilities, self-service configurability and flexible API support. By standardizing and automating its end-to-end contingent worker processes, Unisys expects to increase visibility into this important workforce segment and improve overall efficiency.

"The pressure on companies to strengthen alignment between corporate goals and what they spend money on and who they do business with is only increasing," said John Wookey, president, Intelligent Spend and Business Network, SAP. "That challenge is elevating our commitment to helping customers navigate their journeys to intelligent spend management in a networked economy so they can be agile in the face of disruption."

For more information, visit the SAP News Center. Follow SAP on Twitter at @sapnews.

About SAP
SAP's strategy is to help every business run as an intelligent enterprise. As a market leader in enterprise application software, we help companies of all sizes and in all industries run at their best: 77% of the world's transaction revenue touches an SAP system. Our machine learning, Internet of Things (IoT) and advanced analytics technologies help turn customers' businesses into intelligent enterprises. SAP helps give people and organizations deep business insight and fosters collaboration that helps them stay ahead of their competition. We simplify technology for companies so they can consume our software the way they want — without disruption. Our end-to-end suite of applications and services enables business and public customers across 25 industries globally to operate profitably, adapt continuously and make a difference. With a global network of customers, partners, employees and thought leaders, SAP helps the world run better and improve people's lives. For more information, visit www.sap.com.

Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as "anticipate," "believe," "estimate," "expect," "forecast," "intend," "may," "plan," "project," "predict," "should" and "will" and similar expressions as they relate to SAP are intended to identify such forward-looking statements. SAP undertakes no obligation to publicly update or revise any forward-looking statements. All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations. The factors that could affect SAP's future financial results are discussed more fully in SAP's filings with the U.S. Securities and Exchange Commission ("SEC"), including SAP's most recent Annual Report on Form 20-F filed with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates.

© 2021 SAP SE. All rights reserved. 
SAP and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP SE in Germany and other countries. Please see http://www.sap.com/corporate-en/legal/copyright/index.epx#trademark for additional trademark information and notices.

For customers interested in learning more about SAP products:
Global Customer Center: +49 180 534-34-24
United States Only: 1 (800) 872-1SAP (1-800-872-1727)

Please consider our privacy policy. If you received this press release in your e-mail and you wish to unsubscribe to our mailing list please contact [email protected] and write Unsubscribe in the subject line.

SOURCE SAP SE

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