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Compare the best Procurement Software vendors based on product reviews, ratings, and comparisons.
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rating scale of 1-10. If a product has fewer than ten reviews, the point contribution
for Average Rating is reduced (one-third reduction in points for products with 5-9 reviews;
two-thirds reduction for products with fewer than five reviews). Reviews that are more than 24 months old,
as well as those written by resellers, are completely excluded from the ranking algorithm.
Procurement Software refers to applications that run the purchasing (procurement) process at a business or organization. It is also known as supplier and contract management software. Procurement Software is often associated with Enterprise Resource Planning (ERP) when following operations and/or finance mandates, to monitor and manage an ongoing supply chain of goods and services.
Procurement Software should efficiently deliver integrated budgeting, procurement, and planning with agile tools, ultimately achieving cost savings throughout the enterprise. IT Central Station tech leaders are tasked with deciding upon Procurement Software by evaluating current processes and identifying areas for improvement. IT professionals focus on software that provides reliable information, delivered with easy functionality and accessibility.
IT Central Station key opinion leaders look for flexibility, metrics tracking, transparency and vendor communications. Actionable data and systems should allow multiple points of access and integration. Other essential requirements in choosing Procurement Software include assessing cost versus value, user adoption level, ROI and an automated intelligence alert option.
Preferred Procurement Software tools are generally easy to integrate with other corporate systems, such as finance and general ledger. Procurement processes are often included in other corporate workflows and rules-based business processes. As a result, Procurement Software should have workflow integration capabilities, such as open APIs or business process language tools. They should align well with identity and access management solutions as well. After all, procurement is an area of corporate activity that is rife with potential for costly errors or even fraud if it is not subject to strict controls. Procurement Software lends itself to off-site decision-making and is often accessible on a cloud platform, through mobile apps, and on premises. IT DevOps are responsible for interactions and should monitor security and compliance to protect the enterprise.
Procurement Software Reviews
Read reviews of Procurement Software that are trending in the IT Central Station community:
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SAP Ariba's Sourcing cloud based solution has the greatest quantifiable ROI of its solutions, which typically occurs within the first six months after acquisition for most companies. The ability to perform online auctions and RFPs has real... more»
For the companies that I have worked with, Ariba Sourcing has automated processes and standardized the sourcing process. It ensures that sourcing projects are performed consistently across your Purchasing or Procurement groups.
Gaining access to the sourcing project by the supplier needs improvement. There is room for improvement when multiple users at the supplier have accounts on the Ariba Network. These suppliers will typically struggle gaining access to your... more»
Rather than having to run orders through the business office and have them placed by someone else, users can do their own shopping and submit their own carts. This has reduced a lot of data entry and improved efficiency, as we do not need to... more»
The SAP portion of the procurement is not always obvious or user friendly. Things such as cost center can be prepopulated for items selected, but the vendor cannot. For larger shopping carts, this becomes somewhat tedious having to enter the... more»
SAP MM/SRM/ARIBA at a non-tech company with 5,001-10,000 employees
Sep 11 2017
What do you think of SAP Ariba Procurement?
The Precision Time Protocol (PTP).
• Improvements to My Organization
We made custom enhancements to suite our business process.
• Room for Improvement
Integration: SAP Ariba's integration has not matured yet, there is lot of scope for improvement in terms scenarios, error handling, data update intervals, etc.
• Use of Solution
• Deployment Issues
• Stability Issues
• Scalability Issues
• Customer Service and Technical Support
Customer Service: A seven out of 10. Technical Support: An eight out of 10.
• Initial Setup
• Implementation Team
Vendor team: A six out of 10.