SupplyChain Magazine October 2019 | Page 86

TOP 10
86

SAP Ariba

[ USA ]
Topping the list is SAP Ariba , the leading global Spend Management Network , that allows companies to monitor spending and cut costs by enabling buyers and suppliers to work together . Originally acquired by SAP in 2012 , SAP Ariba is recognised as the go-to place for companies to connect to get business done . Through its Ariba Network , 4.2mn companies in over 190 countries are connected , unlocking new opportunities and collaborating on transactions to further its business relationships . Transacting $ 2.9trn costs in business commerce every year , the Ariba Network controls costs , manages spend and minimizes risks through data-driven insights to streamline the user experience . More than on the Ariba Network to uncover new opportunities and work together on transactions with the view to further their relationships . With over $ 7.9bn of goods and services traded every day , SAP Ariba is considered the largest business-to-business network worldwide .
Darren Koch , Chief Product Officer —

$ 27.3bn

Approximate revenue

3,636

Approximate number of employees

HQ

Palo Alto , California OCTOBER 2019