SAP Ariba Ranked as a Leader in Contract Life-Cycle Management for Buy-Side Contracts
July 26 2016 - 11:30AM
Business Wire
SAP Ariba today announced that it has again been ranked as a
leader in Contract Life-Cycle Management for Buy-Side Contracts by
independent research firm Forrester Research, Inc., this time in a
new report titled “The Forrester Wave™: Contract Life-Cycle
Management, Q3 2016: The 14 CLM Vendors That Matter Most And How
They Stack Up,” (The Forrester Wave™: Contract Life-Cycle
Management, Q3 2016, Forrester Research, Inc., July 2016).
Designed to assess the current state of the market for contract
lifecycle management solutions, the Forrester Wave evaluated 14 CLM
software vendors using 28 criteria. In the Contract Life-Cycle
Management for Buy-Side Contracts portion of the evaluation, SAP
Ariba had among the highest scores for:
- Existing and Third-Party Contract
Support
- Contract Types Supported
- Financial Resources to Pursue
Strategy
The company also received the highest score among all vendors in
the Market Presence category (customer base and revenue) for the
Buy-Side portion of the evaluation.
“Contracts are a critical element of the source-to-pay process,”
said Alex Atzberger, President, and SAP Ariba. “We are honored to
be recognized as a leader for SAP Ariba’s capabilities and will
continue to innovate in collaboration and compliance for contract
management.”
Ariba® Contract Management™ is an end-to-end solution designed
to eliminate the paper and ink from the creation, execution, and
management of any type of contractual agreement. With Ariba
Contract Management, companies can:
- Manage procurement and sales contracts,
IP licenses, internal agreements, etc.
- Automate and accelerate the entire
contract lifecycle
- Standardize and control contract
development
- Collaborate with all stakeholders
- Strengthen operational, contractual,
and regulatory compliance
For more information on Ariba Contract Management and the value
it can create for your organization, visit www.ariba.com
About SAP Ariba
SAP® Ariba® is the marketplace for digital business, creating
frictionless exchanges between millions of buyers and suppliers
across the entire source-to-pay process. Our market-leading
solutions enable companies to simplify collaboration with their
trading partners, make smarter business decisions and extend their
collaborative business processes with an open technology platform.
More than two million companies use SAP Ariba solutions to connect
and collaborate around nearly one trillion in commerce on an annual
basis. To learn more about the company’s offerings and the
transformation they are driving, visit www.ariba.com
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SAP AribaKaren Master412-297-8177karen.master@sap.com
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