Latest news with #SAPAriba
Techday NZ
07-08-2025
- Business
- Techday NZ
SER unveils AI bundles to boost SAP finance & procurement
SER Group has announced the launch of two new AI-powered solution bundles aimed at enhancing purchase-to-pay and order-to-cash processes in SAP environments. The new Doxis Purchase-to-Pay for SAP and Doxis Order-to-Cash for SAP bundles are designed to address the challenges caused by manual workflows, ineffective legacy automation, and growing data volumes which, according to projections, could reach 390 zettabytes of documents created annually by 2028. The solution bundles integrate AI-powered process automation with document processing services and connectors to inject what SER refers to as 'Smart Content' into SAP processes. This integration targets increased productivity and scalability for enterprises looking to improve their finance and procurement operations. Capabilities overview Doxis Purchase-to-Pay for SAP supports digital generation and transparent approval of purchase requisitions within SAP. It features smart extraction, rule-based validations, and automated approvals for delivery dates, pricing, and quantities in the order confirmation stage. For delivery bills and receipts, the solution automatically recognises delivery notes via barcode, records goods receipts, and ensures transferal to SAP and posting. AI-enabled processing of invoices from physical, email, or EDI sources is supported, with automated workflows and SAP posting designed to eliminate manual steps and reduce processing time. The Doxis Order-to-Cash for SAP bundle focuses on sales order automation, allowing multi-channel capture of incoming sales documents including email (PDF), SAP Ariba, IDoc and EDI, with AI and workflow automation support. It also provides real-time order creation and monitoring. For billing and electronic invoicing, the bundle facilitates fully compliant eInvoice generation standards such as ZUGFeRD, XRechnung, Factur-X, and KSeF, ensuring traceability and SAP integration. An order monitor feature offers users a 360-degree view of the sales order processing status. Business benefits SER Group claims the new SAP solution bundles deliver benefits such as streamlining document-intensive workflows, improving compliance measures, and increasing global efficiency, leading to both time and cost savings. The solutions allow up to 100% data recognition accuracy, underpinned by Doxis's Intelligent Document Processing (IDP) Financial Model and human-in-the-loop validation. They also include features for fraud prevention, such as duplicate invoice detection and compliance checks. Global scalability is facilitated by support for more than 20 languages and compatibility with both SAP ECC and S/4HANA systems. The bundles are described as cloud- and Clean Core-ready, enabling flexible, future-proof, cost-effective, scalable, and secure deployment options for enterprises with differing IT strategies. The Doxis solutions are the first to demonstrate the blending of team skills and technology following SER's recent acquisitions of AFI Solutions, a specialist in SAP document automation, and Klippa, a company with expertise in AI-powered Intelligent Document Processing. Market context "Our new SAP bundles are designed to help enterprises scale faster, operate smarter, and grow with confidence," says Dr. John Bates, CEO of SER Group. "By fusing AI-driven document intelligence, robust SAP process automation and powerful archiving, we are giving customers the Smart Content tools they need to multiply productivity, mitigate risk, and accelerate digital transformation." SER Group's launch comes amid rapid change in the Enterprise Content Management market. Industry analysts have recently pointed to the resurgence of the 'document management' category as a crucial component of enterprise AI strategy, partly in response to the expanding volume of information that businesses must handle. SER is headquartered in Bonn, Germany, and employs more than 600 people in 20 offices across 11 countries. Its ECM technology is used by enterprise customers which include DHL, Allianz, UBS, and BASF. The company has been recognised in industry assessments, being named a Leader in both the Gartner Magic Quadrant for Document Management 2024 and the IDC MarketScape: Worldwide Intelligent Content Services 2024 Vendor Assessment.
Business Recorder
07-08-2025
- Business
- Business Recorder
Interloop Ltd embarks on strategic digital transformation journey with SAP Ariba
KARACHI: Interloop Limited, one of the world's largest vertically integrated textile manufacturers and a leading garment exporter from Pakistan, continues to play a critical role in driving the country's export growth. With an annual revenue exceeding USD 500 million, the company contributes significantly to Pakistan's overall export earnings, reflecting the strength and potential of the textile sector. In its ongoing transformation to become a fully integrated clothing company aligned with global best practices, Interloop has partnered with SAP to implement the SAP Ariba Source-to-Contract Suite. The transformation initiative Project North Star began as Interloop restructured its business units to meet the evolving needs of global customers. The company transitioned from a decentralized to a centralized model, ensuring a unified approach to accounting and procurement management. To digitize its procurement function and drive transparency, efficiency, and cost savings, Interloop selected SAP Ariba for its comprehensive capabilities in strategic sourcing, supplier management, contract lifecycle management, and performance tracking. The Ariba platform will enable Interloop to manage sourcing events more effectively, access a global pool of suppliers, and streamline procurement processes for greater control and accountability. Navid Fazil, CEO, Interloop Limited said 'Our goal was clear - to build a procurement function that reflects world-class standards while supporting our sustainability and digital ambitions.' Copyright Business Recorder, 2025
Yahoo
15-07-2025
- Business
- Yahoo
Established Players Like SAP Ariba, Coupa, and Oracle Lead the Competitive $7.9 Billion Industry
The Procurement Technologies and Services market is evolving rapidly, offering a range of capabilities from e-sourcing and spend analytics to AI-driven platforms for automation and real-time ESG integration. This growth is propelled by enterprise investments and SMB adoption of Procurement-as-a-Service solutions. Key players like SAP Ariba, Coupa, and emerging startups such as EcoVadis and Simfoni are innovating with AI/ML and cloud-native technologies. North America leads in digitalization initiatives, while strategic sourcing dominates by component application. Despite facing data security challenges, the market is supported by major players and strategic partnerships driving innovation and competitive intensity. Procurement Technologies and Services Market Dublin, July 15, 2025 (GLOBE NEWSWIRE) -- The "Procurement Technologies and Services Market - A Global and Regional Analysis: Focus on Application, Product, and Country Analysis - Analysis and Forecast, 2025-2034" report has been added to offering. Procurement Technologies and Services Market projected to reach $21.23 billion by 2034 from $7.93 billion in 2025, growing at a CAGR of 11.5%The Procurement Technologies and Services market today encompasses a broad suite of capabilities - ranging from e-sourcing and spend analytics to supplier-risk management and full procurement-as-a-service offerings - delivered via on-premise, cloud-native and hybrid deployment models. Major enterprise buyers are investing in AI-driven platforms that automate routine workflows, enable prescriptive sourcing insights and integrate real-time ESG metrics, while mid-market and SMB segments are increasingly adopting modular Procurement-as-a-Service (PaaS) solutions to lower upfront costs and accelerate time-to-value. This dynamic ecosystem is supported by an expanding roster of incumbent vendors (SAP Ariba, Coupa, Ivalua) alongside a wave of specialized startups (EcoVadis, Scoutbee, Simfoni), all vying to deliver deeper analytics, seamless ERP integration and enhanced supplier collaboration tools. Procurement Technologies and Services Market Lifecycle StageThe market is firmly in its growth stage, marked by accelerating adoption curves, prolific product innovation and rising competitive intensity. While early entrants focused on basic e-procurement and contract-management modules, the past 18 months have seen an influx of advanced AI/ML capabilities, cloud-native architectures and vertical-specific service levels are high - both from strategic acquirers seeking to consolidate capabilities and from venture-backed challengers introducing next-generation analytics and collaboration platforms. As integration complexity and data-privacy requirements mature into standardized best practices, the market is transitioning toward maturity, with consolidation and differentiation becoming the defining themes of the next 24 months. Procurement Technologies and Services Market Key Players and Competition SynopsisThe Procurement Technologies and Services market is dominated by a cohort of established software providers - led by SAP Ariba (SAP SE), Coupa Software, Oracle Procurement Cloud, Ivalua and Jaggaer - alongside specialist vendors such as Zycus, GEP and Proactis. These leaders vie for prominence through differentiated value propositions: SAP Ariba leverages deep ERP integration and expansive partner ecosystems; Coupa emphasizes a unified, AI-native spend-management platform with a rich community-sourced benchmark database; Oracle capitalizes on its autonomous cloud infrastructure to embed advanced analytics across source-to-pay workflows; Ivalua and Jaggaer focus on configurability and rapid time-to-value for complex sourcing is further intensified by the emergence of niche players - IBM Emptoris in supplier risk management, SynerTrade for configurable e-sourcing, and innovative startups delivering modular Procurement-as-a-Service offerings - prompting continuous feature expansion, strategic acquisitions and ecosystem alliances aimed at capturing both large-enterprise and mid-market segments. Key Attributes: Report Attribute Details No. of Pages 120 Forecast Period 2025 - 2034 Estimated Market Value (USD) in 2025 $7.93 Billion Forecasted Market Value (USD) by 2034 $21.23 Billion Compound Annual Growth Rate 11.5% Regions Covered Global Demand Drivers and Limitations The following are the demand drivers for the global procurement technologies and services market: AI-Driven Digital Transformation The global procurement technologies and services market is expected to face some limitations as well due to the following challenges: Data Security and Privacy Regulations Current and Future Impact Assessment Stakeholder Analysis Use Case End User and Buying Criteria Market Dynamics Overview Market Drivers Market Restraints Market Opportunities Investment Landscape and R&D Trends Supply Chain Analysis Future Outlook and Market Roadmap Procurement Technologies and Services Market Segmentation: Application:Manufacturing is one of the prominent application segments in the global procurement technologies and services market. Manufacturing BFSI Energy Travel and Hospitality Healthcare Others Component: The global procurement technologies and services market is estimated to be led by the strategic sourcing segment in terms of component. Strategic Sourcing Spend Management Category Management Process Management Contract Management Transactions Management Region: North America is anticipated to gain traction with increasing digitalization demand and government initiatives North America - U.S., and Canada Europe - Germany, France, Italy, Spain, U.K., and Rest-of-Europe Asia-Pacific - China, Japan, South Korea, India, and Rest-of-Asia-Pacific Rest-of-the-World - South America and Middle East and Africa Some prominent names established in the procurement technologies and services market are: Accenture Infosys GEP Genpact Proxima WNS Capgemini IBM Wipro HCL TCS Xchanging Aegis Corbus CA Technologies For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment Procurement Technologies and Services Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
15-05-2025
- Business
- Yahoo
Docusign Named a Finalist for 2025 SAP® Pinnacle Award in the New Partner Application Category
SAN FRANCISCO, May 15, 2025 /PRNewswire/ -- Docusign today announced that it has been recognized by SAP as a finalist for a 2025 SAP® Pinnacle Award in the New Partner Application category. The annual SAP Pinnacle Awards acknowledge the contributions of leading SAP partners that have excelled in developing and growing their partnership with SAP and helping customers meet their goals. Finalists and winners in 24 categories were chosen based on recommendations from SAP, customer feedback, and performance indicators. "We're honored to be recognized as a finalist for the SAP Pinnacle Award," said Bronwyn Hastings, Group Vice President of Partner Development & Alliances at Docusign. "This recognizes the strength of our growing partnership and impact of our joint innovation – from our foundational eSignature integration to our latest Docusign CLM Connector for SAP Ariba. Together, we look forward to expanding into new areas that help customers speed up contract creation through integrated and automated workflows." SAP Pinnacle Awards shine a spotlight on distinguished partners to acknowledge their dedication to teamwork, exceptional innovation and capacity to help customers achieve their goals. Docusign CLM Connector for SAP Ariba SolutionsOur partnership with SAP illustrates our ongoing commitment to delivering impactful solutions for customers who are asked to do more with less—removing manual handoffs and duplicative work so they can focus on what matters most: value, speed, and compliance. The Docusign CLM Connector for SAP Ariba simplifies the agreement process from contract generation to signature by integrating Intelligent Agreement Management (IAM) services seamlessly with SAP Ariba solutions. This integration streamlines contract creation by sourcing data directly from Ariba, simplifies reviews and negotiations across systems, and provides full visibility and audit history to track agreement activity. By leveraging automation, businesses can reduce errors, minimize risk, and free up valuable resources to focus on strategic initiatives. As we continue to expand our partnership with SAP, we're committed to delivering innovations that drive meaningful outcomes for our shared customers. Join us at SAP Sapphire 2025 in Orlando from May 19-21 at booth 453. Learn more about the Docusign Connector for SAP Ariba solutions. About DocusignDocusign brings agreements to life. Nearly 1.7 million customers and more than a billion people in over 180 countries use Docusign solutions to accelerate the process of doing business and simplify people's lives. With intelligent agreement management, Docusign unleashes business critical data that is trapped inside of documents. Until now, these were disconnected from business systems of record, costing businesses time, money, and opportunity. Using Docusign's IAM platform, companies can create, commit, and manage agreements with solutions created by the #1 company in e-signature and CLM. Learn more at Media ContactDocusign Corporate Communicationsmedia@ SAP and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP SE in Germany and other countries. Please see for additional trademark information and notices. All other product and service names mentioned are the trademarks of their respective companies. View original content to download multimedia: SOURCE Docusign, Inc.
Arab News
18-03-2025
- Business
- Arab News
Olayan Financing Company and IBM Consulting to implement next-generation SAP solutions
Olayan Financing Company has partnered with IBM Consulting to execute a groundbreaking SAP digital transformation program, setting a new benchmark for innovation and operational excellence in the region. This ambitious initiative lays a solid foundation for Olayan Financing Company's future growth, enabling streamlined management of its assets, diversified business lines, and expansive real estate portfolio. The transformation program, which encompasses 41 legal entities, involved Olayan Financing Company's migration from SAP ECC to SAP S/4HANA and the integration of SAP Ariba along with other advanced SAP solutions. IBM Consulting deployed its IMPACT accelerator and industry-leading SAP transformation methodologies, adhering to clean core principles to minimize customizations. This approach ensured that the tailored solution met both the strategic aspirations and operational requirements of Olayan Financing Company. Highlighting the success of the partnership, Dr. Nabeel M. Al Amudi, CEO of Olayan Financing Company, remarked, 'At Olayan Financing Company, we continuously strive to set new standards in operational efficiency and digital innovation. This partnership with IBM Consulting has enabled us to implement transformative technology that supports our strategic growth objectives, enhances our operational resilience, and aligns with our vision for sustainable and scalable success. We take pride in leading by example in adopting advanced technologies that redefine industry benchmarks in the region.' Khaled Al Ofaysan, country head and managing partner for IBM Consulting in Saudi Arabia, stated: 'We are delighted to have successfully partnered with Olayan Financing Company to realize their complex SAP transformation program in less than 12 months. This project highlights our proven expertise in delivering sophisticated SAP solutions with precision and efficiency, leveraging the latest SAP technology and a deep understanding of our client's needs and strategic objectives.' 'Olayan Financing Company's forward-thinking approach to modernizing its core technology infrastructure underscores its leadership among financing conglomerates. By investing in robust, scalable solutions and working with global consulting firms like IBM Consulting, OFC demonstrates a commitment to staying ahead of market changes and leveraging innovation for strategic growth. We at SAP are proud to support organizations like Olayan Financing Company as they set new standards for digital transformation in the Kingdom,' said Dr. Fahd Nawwab, vice president, SAP Saudi Arabia.
