Introduction:
In today’s competitive business landscape, efficient procurement processes play a vital role in driving success and profitability.
Bid comparison in SAP Ariba is a crucial functionality that facilitates evaluating and comparing bids from different suppliers. However, there are still challenges to overcome.
- Time-consuming and manual process
- The lack of standardized evaluation criteria
- Limited visibility
- Collaboration from multiple suppliers
- Inefficient data analysis from large bid data
Note For Approval App
To address these, PEOL has developed an Ariba-Integrated Note For Approval App built on SAP BTP to streamline the process of sourcing events and facilitate bid comparison for buyers using Ariba Sourcing.
Embracing this innovative solution will undoubtedly revolutionize the Bid comparison process.
Note For Approval (NFA) App is designed to streamline the process of sourcing events and facilitate bid comparison for buyers using Ariba Sourcing. The system enables buyers to compare vendor prices across different versions, allowing them to analyze bid pricing trends and patterns.
Solution Features
- Seamless Integration with Ariba Sourcing
- Easy to use approvals
- Track Pricing through multiple versions of Quote
- Capability to download and/or post quote comparison to Ariba Event
- Ease of comparing supplier quotes through BTP
Benefits:
- Streamlined automated process
- Quote comparison
- Flexible formats
- Accurate information
- No missing information
Overall, this system streamlines the bid comparison process, enhances efficiency, and empowers buyers to make well-informed decisions by facilitating comprehensive vendor evaluation and providing visual analysis of bid pricing.
The proposed system is deployed on the SAP Business Technology Platform (BTP) and integrated with Ariba Sourcing, leveraging its robust infrastructure and capabilities to deliver a seamless and integrated sourcing event management solution.
By leveraging the power of SAP BTP, the system ensures a reliable and scalable foundation for handling the complexities of bid comparison and price analysis