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

Rhea-AI Summary

SAP SE (NYSE: SAP) reported that numerous global companies, including Toyota Material Handling U.S.A. and Veolia North America, adopted its SAP Ariba and SAP Fieldglass solutions in Q1 2021 to enhance procurement and workforce management. Noteworthy highlights include Grupo Empresarial Colombina's implementation for improved spend visibility and Expo 2020 Dubai's digitalization efforts, managing $1.4 billion in spend. SAP's commitment to intelligent spend management is emphasized amidst increasing corporate alignment pressures.

Positive

• Numerous global companies adopted SAP Ariba and SAP Fieldglass solutions, indicating strong demand.
• Grupo Empresarial Colombina improved visibility and compliance in procurement processes.
• Expo 2020 Dubai managed $1.4 billion in spend through SAP Ariba solutions.

Negative

• None.

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
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SOURCE SAP SE

FAQ

What companies are using SAP Ariba in 2021?

Companies like Toyota Material Handling U.S.A. and Veolia North America adopted SAP Ariba solutions in Q1 2021.

How much spend did Expo 2020 Dubai manage using SAP Ariba?

Expo 2020 Dubai brought $1.4 billion in spend under management using SAP Ariba solutions.

What is SAP's focus regarding digital procurement in 2021?

SAP focuses on helping companies digitalize their procurement and spend management processes amid increasing corporate alignment needs.

What is SAP Fieldglass used for?

SAP Fieldglass is utilized for managing external workforce programs, providing automation and increased visibility.

Which company aims to standardize its procurement with SAP Ariba?

Grupo Empresarial Colombina aims to standardize and automate its procurement processes using SAP Ariba.