With Spend Visibility you will get an overview of all spending, allowing to classify based on different sourcing companies but also industry standards. It is one of the first B2B marketplace, is now open to all buyers - all that you need is to create an account.īut, before following an online course about Ariba, and before getting an account, make sure you understand the following 8 basic functionalities of SAP Ariba, from strategic to operational plan-buy-pay process! 'Discover is broadening its network capabilities and infrastructure and choosing diverse business partners like Ariba to move beyond facilitating payments to enabling and improving business commerce.'įor buyers and sellers connected to the Ariba Network, AribaPay will deliver data that shows what payments represent at the invoice and line-item level, fueling faster, more accurate reconciliation on both sides.Acquired by SAP in 2012 for $4.3 billion, the SAP Ariba network is an online platform that connects buyers and suppliers together in order to streamline and optimize their corporate operational procurement processes. 'Ariba and Discover are seizing the opportunity to digitize a share of the estimated $30 trillion in B2B payments that are still mostly made with paper checks,' said Roger Hochschild, president and chief operating officer for Discover. AribaPay will effectively eliminate these issues.'ĪribaPay will provide a reliable and cost-effective way for buyers to create purchase orders, receive invoices and send payments, while sellers receive more-detailed remittance information - all in a fast, secure, electronic environment. 'Buyers are drowning in paper, and sellers have no idea when - or how much - they will be paid. But few companies find it funny,' said Kevin Costello, president, Ariba. 'It's the classic joke: The check is in the mail.

The announcement was made at AribaLIVE, the business commerce event of the year, taking place at the Gaylord National Resort and Conference Center in Washington, D.C. The service is expected to be generally available in 2014.

When launched, the cloud-based service will combine the applications and insights embedded in the Ariba Network and deliver them through Discover's trusted global payments infrastructure to streamline and enhance settlement and reconciliation of business commerce.

Ariba discover