Spend Management Blog Posts by SAP
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Bertaus
Product and Topic Expert
Product and Topic Expert
3,294

Hello SAP Ariba community!

We're thrilled to announce some fantastic new features and enhancements for Q4 2024 across various SAP Ariba modules. These updates are designed to streamline your procurement processes, enhance supplier management, and provide deeper insights into supplier relationships. Let's take a high-level look at the most impactful innovations in this release.

For those of you wanting to explore specific functionalities in detail, we have provided links to dedicated blogs that dive deeper into each area. Let's take a look!

SAP Spend Control Tower

We're excited to share the latest development with you SAP Spend Control Tower. This new tool is designed to merge all your payment and supplier data into a single source of truth, enriched with AI-enabled spend classification and supplier insights. With intuitive dashboards and advanced machine learning models, it’s easier than ever to streamline our processes, cut procurement costs, manage supplier risks, and keep an eye on our diversity and sustainability goals.

Having a unified data source might just be the key to overcoming some of our biggest challenges. SAP Spend Control Tower takes the powerful analytics and reporting capabilities of the old SAP Ariba Spend Analysis solution and pushes them even further. If you're curious to learn more about how it could help us transform our spend management, I'd recommend checking out the full details on our SAP Spend Control Tower product page.

Spend overview dashboard in SAP Spend Control TowerSpend overview dashboard in SAP Spend Control Tower

SAP Ariba Supplier Lifecycle and Performance and Supplier Risk

Intelligent Recommendations Based on Supplier Risk Score

SAP Ariba Supplier Risk now offers intelligent recommendations for suppliers experiencing significant changes in risk scores. These new insights help buyers proactively identify and mitigate potential risks.

New recommendations section in the SAP Ariba Supplier Risk dashboardNew recommendations section in the SAP Ariba Supplier Risk dashboard

SAP Business Network Certificate Information in the Supplier Profile Summary

The supplier profile summary now features added visibility into certificates maintained in SAP Business Network profiles. The new “Business Network Certificates” panel provides additional data points for supplier assessments, offering a comprehensive view directly from their SAP Business Network profile.

Business network certificates in the supplier profile summaryBusiness network certificates in the supplier profile summary

See the SAP Ariba Supplier Lifecycle and Performance & Supplier Risk 2411 Release: Key Feature Highlights blog for more information on these and other supplier management features

SAP Ariba Source to Contract

Enhancements to Generative Artificial Intelligence (AI) in SAP Ariba Category Management

We're excited to introduce enhancements to our Generative AI capabilities in SAP Ariba Category Management. You can now selectively generate articles for tools like Category Segmentation, Market Dynamics, and Cost Structure on demand, improving performance and reducing costs associated with producing AI-generated content.

Enhancements to Generative Artificial Intelligence in SAP Ariba Category ManagementEnhancements to Generative Artificial Intelligence in SAP Ariba Category Management

Ability to Create Category Strategy Details from the Develop Strategy and Plan App in SAP Ariba Category Management

Our new Category Strategy Details tool in the Develop Strategy and Plan app empowers category managers to create and manage multiple category-specific strategy details aligned with the overall business strategy.

Category strategy details in SAP Ariba Category ManagementCategory strategy details in SAP Ariba Category Management

Ability to View, Analyze, and Manage Initiatives Across Categories in SAP Ariba Category Management

Manage your initiatives through the new Initiatives Overview app, providing comprehensive tools for tracking, optimizing, and visualizing data.

Initiatives overview in SAP Ariba Category ManagementInitiatives overview in SAP Ariba Category Management

 

Create Optimization Scenarios for Multi-Round Bidding Events in Guided Sourcing

Generate optimization scenarios for multi-round bidding events, including editing constraints and updating scenarios with the latest data.

Enhancements to Grading and Scoring in Guided Sourcing

Improved grading features for guided sourcing, including offline grading for primary bids and rolled-up section level grading for alternate bids.

See the SAP Ariba Source to Contract 2411 Release Key Innovations Preview blog for more information on these and other source to contract features

SAP Ariba Procure to Order

Support for PunchOut Items in SAP Ariba Shopping Mobile App

You can now purchase items from external supplier catalogs through Level 1 PunchOut catalogs directly from the SAP Ariba Shopping mobile app. This enhancement broadens your product range for mobile shopping while ensuring compliance and approvals are managed through the normal Ariba checkout process.

View and Edit Requisition Line Items in SAP Ariba Shopping Mobile App

The SAP Ariba Shopping mobile app now provides detailed line item information in the requisition details screen and allows users to edit line items directly from the checkout screen. This update enhances flexibility and transparency in the mobile requisitioning process.

See the SAP Ariba Procure to Order 2411 Release Key Innovations blog for more information on these and other features

For further reading and resources, check out the links below and dive deeper into each specific innovation.

Resources:
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