Chief Procurement Officers are focused on improvement areas such as streamlining procurement processes, reduce supplier risk, gain greater visibility on their spend activities and control the cost. In the Globalization arena, it is not possible to achieve such an objective with a limited supplier; it required a massive network to be available to provide suitable options at any time to achieve all objectives together. VisionTree delivers such priorities with SAP Ariba solution as under:
In the rapidly evolving digital economy, your enterprise understands the importance of reliable, up-to-date, and comprehensive view of supplier information and its direct implication on spend, performance, and risk for your business.
VisionTree in joint partnership with SAP Ariba helps to remove bottlenecks such as inconsistent supplier onboarding, qualification, supplier persona-based segmentation, out-of-date vendor master to provide you with a single, accurate supplier record for better decision making.
SAP Ariba solution drives spend to preferred suppliers and scale compliance for your entire supply base by managing the entire supplier life cycle from onboarding to phase out.
Striking a balance between cutting costs and keeping up with revenue and demand leads to the importance of strategic sourcing for procurement officers of your enterprise. Additionally, spend data saved in disparate purchasing and payables systems, making it difficult to build effective sourcing strategies and identify savings opportunities.
VisionTree in joint partnership with SAP Ariba can implement strategic sourcing portfolio solutions with features such as Commodity classifications, Peer benchmarking, Saving Pipeline and tracking, Contract management and Supplier discovery solutions by Industry, by geography and by the size.
Your enterprise must reduce buying cycles and lower processing cost to accelerate the procurement decisions. VisionTree in joint partnership with SAP Ariba can help you to turn your cost centers into new money makers with the guided buying experience.
VisionTree offers a comprehensive solution for procure-to-order scenario helps your front-end procurement process to be efficient while integrating seamlessly with your ERP for invoice and payment processing.
VisionTree procurement solution defines, validates and build the catalog content with enterprise-grade content management tools with cross-catalog search functionality among local catalogs, inventoried items, a spot buy marketplace and punchout catalogs.
Every enterprise would like to implement a highly effective collaborative B2B e-commerce channel for their product and services whereby aspects such as proposals, contracts, orders, invoices, and payments integrated across the network.
SAP Ariba Network is one such comprehensive platform which accelerates the sales cycle while lowering the cost of sales and helps identify new customers who want to buy besides you can respond to RFP/RFI, submit proposals, and negotiate contracts;
It also helps to boost sales through catalogs; Handle purchase orders, send invoices, and receive payments; Know when you’ll get paid and for what besides strengthen customer relationships and increase customer retention. VisionTree can you to build your network with compliance framework and policies best suited to your enterprise.
Reduction in Direct Spend
Reduction in Indirect Spend
Faster Approvals for New Contracts
Faster Invoices Payment
Increase in Supplier Collaboration
Supplier Onboarding with Compliance