Ariba gets recognition as P2P Technology Provider

For a second straight year, Ariba, a SAP Company, has revealed that it has been recognized by PayStream Advisors with a Technology Excellence Award for the innovative capabilities delivered through its Contract Invoicing solution. Ariba was presented with the 2013 P2P Innovative Technology of the Year award during the PayStream Annual Summit conference. Ariba was chosen from a distinguished list of over 20 leading technology companies.

Drew Hofler, Director, Solutions Marketing, Ariba, expressed, Companies have made significant progress in automating their invoice management process, but many still struggle with non-PO invoices. Ariba’s contract invoicing capabilities are a valuable feature of our e-invoicing solution, enabling customers to create invoices from contracts to improve compliance and help drive tighter alignment between procurement and accounts payable. We are pleased to be recognized by such a trusted advisory firm as PayStream Advisors for our efforts.

This award once again recognizes Ariba’s innovation in Procure to Pay automation.  With its contract invoicing functionality, Ariba is helping organizations improve invoice processing efficiency, gain more control of non-PO invoices and prevent contract leakage that can deliver substantial cost savings, said Henry Ijams, Managing Director of PayStream Advisors.

A global leader in e-invoicing and dynamic discounting, Ariba provides a robust portfolio of Cloud-based applications and network-based services that enable companies to create a fully automated, compliant process for capturing and settling invoices.