In this section, we will learn about the key features of SAP Ariba. At the onset, Ariba was a B2B company to do procurement over Internet and was the first one to introduce IPO in 1999. The cloud based innovative solution was first developed in 1996 by a company named Ariba and was later acquired by SAP in 2012 with a total acquisition cost of 4.3 billion USD with each share cost $45.

To enable healthy supply chain, you need to have suppliers with visibility to every part of procurement process so that they can maintain an efficient supply chain and help organizations to grow their and own business. In today’s world, there is a need to control your supply chain and to collaborate with your suppliers in an efficient way. SAP Ariba digitally transforms your supply chain, procurement and contract management process. Ariba acts as supply chain, procurement service to do business globally. It improves over all vendor management system of an organization by providing less costly ways of procurement and making business simple. Being part of the Ariba Network positions suppliers to attract more business from existing customers, as well as gain new ones.SAP Ariba is a cloud-based innovative solution that allows suppliers and buyers to connect and do business on a single platform. The Ariba Network offers suppliers a broad range of solutions and services to manage business transactions and content through a web browser or electronically through EDI/cXML. Companies around the world use the Ariba Network to simplify inter-enterprise commerce and enhance the results that they deliver.

Using the Ariba Network, businesses of all sizes can connect to their trading partners anywhere, at any time, from any application or device to buy, sell, and manage their cash more efficiently and effectively than ever before. Ariba combines industry-leading cloud-based applications with the world's largest web-based trading community to help companies discover and collaborate with a global network of partners. The Ariba Network is the world’s largest business commerce network.

Portal ariba