WALLDORF, Germany, Oct. 13, 2020 /PRNewswire/ -- SAP
SE (NYSE: SAP) today announced that IDP Education, a global
leader in international education services, has implemented SAP®
Ariba® and SAP Concur® solutions to simplify its procure-to-pay
processes across its global operations.
Since the global rollout, IDP has increased the percentage of
spend contracted with preferred suppliers connected to Ariba
Network, helping to increase efficiencies, improve collaboration
with suppliers and drive cost savings. Since its phase one rollout
in June 2019, IDP's staff have been
able to create more than 4,100 purchase orders using SAP Ariba
solutions and submit over 4,900 expenses with SAP Concur
solutions.
As a result of its digital transformation, IDP drove cost
savings of A$5 million in the first
year alone, which equates to 5 percent of the company's addressable
spend. IDP's procurement of technology demonstrates how these
savings were achieved. Due to its rapid digitalization, IDP focused
on ensuring its staff had access to quality technology tools and
needed a global procurement process for laptops and notebooks.
Since the implementation of SAP Ariba solutions, the organization
has consolidated its suppliers, and by doing so, together with the
power of the SAP Ariba Sourcing solution, was able to reduce the
average cost of each laptop by 29 percent.
"SAP Ariba and SAP Concur solutions have enabled us to
streamline ways of working globally, improve supplier governance
and derive data-driven decisions that are helping to create
operational efficiencies and deliver cost savings business-wide,"
IDP Chief Financial Officer Murray
Walton, said. "This investment enables us to establish the
foundations we need for growing our business and delivering a
world-class user experience to our staff."
With more than 120 offices in 32 countries, Melbourne-based IDP is a global leader in
helping students study overseas and also co-owns the world's most
trusted English language test.
To support its continued growth, IDP needed a single digital
platform to streamline its procurement processes, deliver a
consistent user experience across markets and drive greater
efficiencies for its staff. With the help of SAP ANZ's intelligent
spend management award-winning partner excelerateds2p, the company
implemented SAP Ariba and SAP Concur solutions to help standardize
procurement processes across 28 countries, increase visibility into
direct and indirect spend, improve access to real-time data and
analytics, and eliminate manual tasks.
"With intelligent spend management solutions in place, IDP will
now be able to extract insights in real time, enabling staff to
make more-informed purchasing decisions aligned with corporate
compliance goals," said Henrik
Smedberg, SAP Ariba and SAP Fieldglass ANZ regional vice
president. "This will not only lead to more efficient operations;
it will also continue to help drive cost savings with preferred
suppliers around the world."
According to excelerateds2p APAC Regional General Manager
Joe Bellofiore: "This partnership
has already delivered significant benefits by reducing the time
spent on procurement processes through automation and
standardization, enhancing the amount of spend under management and
providing greater alignment between business units across IDP's
global offices. It's a showcase for SAP's intelligent spend
management solutions."
Visit the SAP News Center. Follow SAP on Twitter at
@sapnews.
About SAP
SAP's strategy is to help every business run as an intelligent
enterprise. As a market leader in enterprise application software,
we help companies of all sizes and in all industries run at their
best: 77 percent of the world's transaction revenue touches an SAP
system. Our machine learning, Internet of Things (IoT) and advanced
analytics technologies help turn customers' businesses into
intelligent enterprises. SAP helps give people and organizations
deep business insight and fosters collaboration that helps them
stay ahead of their competition. We simplify technology for
companies so they can consume our software the way they want –
without disruption. Our end-to-end suite of applications and
services enables business and public customers across 25 industries
globally to operate profitably, adapt continuously and make a
difference. With a global network of customers, partners, employees
and thought leaders, SAP helps the world run better and improve
people's lives. For more information, visit www.sap.com.
Any statements contained in this document that are not
historical facts are forward-looking statements as defined in the
U.S. Private Securities Litigation Reform Act of 1995. Words such
as "anticipate," "believe," "estimate," "expect," "forecast,"
"intend," "may," "plan," "project," "predict," "should" and "will"
and similar expressions as they relate to SAP are intended to
identify such forward-looking statements. SAP undertakes no
obligation to publicly update or revise any forward-looking
statements. All forward-looking statements are subject to various
risks and uncertainties that could cause actual results to differ
materially from expectations. The factors that could affect SAP's
future financial results are discussed more fully in SAP's filings
with the U.S. Securities and Exchange Commission ("SEC"), including
SAP's most recent Annual Report on Form 20-F filed with the SEC.
Readers are cautioned not to place undue reliance on these
forward-looking statements, which speak only as of their dates.
© 2020 SAP SE. All rights reserved.
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 https://www.sap.com/copyright for
additional trademark information and notices.
For customers interested in learning more about SAP
products:
Global Customer Center: +49 180 534-34-24
United States Only: 1 (800) 872-1SAP (1-800-872-1727)
Please consider our privacy policy. If you received this press
release in your e-mail and you wish to unsubscribe to our mailing
list please contact press@sap.com and write Unsubscribe in the
subject line.
View original content to download
multimedia:http://www.prnewswire.com/news-releases/intelligent-spend-solutions-from-sap-to-support-idp-educations-growth-301149458.html
SOURCE SAP SE