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themmert
Product and Topic Expert
Product and Topic Expert
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Hello SAP Ariba Source to Contract Community and welcome to our 2408 key innovations blog.

We have some great new features coming out this quarter to bring more streamlined, efficient, and responsive features at your fingertips. We believe that these exciting updates target everything from leveraging supplier risk information in categories to Contracts integration with solutions like Docusign. Here's a deep dive into what we have prepared for you.

SAP Ariba Category Management

View Supplier Risk Levels in SAP Ariba Category Management

Making an informed strategic decision just got easier. With our newly integrated SAP Ariba Category Management and SAP Ariba Supplier Risk Management, you can now view and assess the risk level (Low, Medium, High) associated with each supplier. This transparency will empower category managers to make sound strategy decisions.

 

Maintain Attachments in the Develop Strategy and Plan App

This feature enables you to add attachments for strategy and plan documents in the Develop Strategy and Plan app. This feature can significantly improve how you manage and utilize attachments. You can add extra context to your strategy and plan documents, company policies, and various regulations through a broader range of file types and link attachments.

 

Integrate Cost Structure data from External Market Intelligence Provider

Imagine having the power to consume cost structure data without limits. With our latest release, category managers can integrate cost structure data from external market intelligence providers directly into the Cost Structure analysis. Harnessing valuable external data has never been easier.

 

SAP Ariba Guided Sourcing

Pre-Award Negotiation in Guided Sourcing

Negotiating contractual terms with suppliers has never been smoother. This feature allows buyers to engage and negotiate contractual terms with suppliers involved in a guided sourcing project during the commercial negotiation phase or after an initial assessment. Utilize a baseline contract, negotiate on your terms, and drive down costs.

 

Increased File Attachment Sizes in Guided Sourcing

We're elevating your file attachments capability by enabling an increase in the upload size beyond the standard 100 MB limit in our Guided Sourcing solution. No more stress about limited attachment sizes.

 

Items Rank Report in Guided Sourcing

We're making data accessibility and analysis friendlier for our users. Tracking supplier bids at an item level is now possible with our new Items Rank Report function within Guided Sourcing.

 

Enhanced Multi-Currency Guided Sourcing Events

Managing bids in various currencies? We've got you covered. Our upgraded multi-currency guided sourcing events allow participants to bid in their desired currency, while the buyer users get notified about the bidding currency, adding an extra layer of transparency and control.

 

Basket Lots with Linked Items in Alternative Bids

Our support for basket lots with linked items in supplier alternative bids introduces flexibility to your sourcing strategy. Leverage the benefits of alternative pricing functionality for lots with linked items.

 

SAP Ariba Contract Management

Integration with Third Party Document Management Systems to Create and Update Contract Documents

We're also setting a new standard in contract document collaboration. With the seamless integration of SAP Ariba Contracts with Document Management Systems like DocuSign, you can easily create and update contract documents, review, approve and sign-off on documents in your preferred DMS platform.

 

 

We are confident these new features in the SAP Ariba 2408 release will provide our customers with an improved experience and more streamlined processes. As always, we are dedicated to continuous improvement and innovation in our solutions to serve you better.

 

We invite you to explore these features in more detail in our SAP Ariba 2408 Release Key Innovations Preview. Also, stay tuned for our additional upcoming blog posts and follow me to stay informed on upcoming feature releases across SAP Ariba.

Thank you for being a part of the SAP Ariba community and we look forward to continuing our journey of innovation together!