WALLDORF — (NYSE: 鶹ԭ) today announced that leading companies across the globe selected and solutions to continue their digital transformation journeys, reducing risk, managing costs and getting work done while keeping supply chains intact to successfully navigate through the current economic upheaval.
More Than 75 New Customers, 240 Renewals and 200 Go-Lives
Organizations around the globe chose procurement solutions from 鶹ԭ in the first quarter of 2020, including Latin America’s No. 2 Coca-Cola bottler Arca Continental S.A.B. de C.V., German commercial bank Helaba, Japanese IT services provider Hitachi Systems Ltd., Mexican home appliance maker Mabe, U.S. energy company and U.S.-based PSEG Energy Holdings LLC.
During the first quarter, hundreds of companies completed new implementations of 鶹ԭ Ariba and 鶹ԭ Fieldglass solutions, including these:
- Carlsberg Group A/S, a Danish global brewing company, went live with 鶹ԭ Ariba Buying and Invoicing and 鶹ԭ Ariba Catalog solutions as part of its migration from the 鶹ԭ Supplier Relationship Management application to increase compliance and improve spend visibility and control, accounts payable automation and overall user experience.
- Vestas Wind Systems A/S, a Danish company that designs, manufactures, installs and services wind turbines across the world, continues to drive efficiency in its procurement operations with its latest rollout of 鶹ԭ Ariba Sourcing and 鶹ԭ Ariba Contracts solutions integrated with the 鶹ԭ Signature Management applications by DocuSign. The company is now expanding its digital transformation to streamline collaboration with suppliers and mitigate risk with 鶹ԭ Ariba Supply Chain Collaboration for Buyers and 鶹ԭ Ariba Supplier Risk solutions.
- Furukawa Electric Co. Ltd., a Japanese high-tech manufacturing company with Latin American headquarters in Brazil, recently rolled out 鶹ԭ Ariba solutions, automating and standardizing its sourcing and supplier lifecycle and performance processes. By digitally transforming its procurement function, Furukawa Electric expects to improve productivity and realize savings within a few months.
- Grundfos, a Danish provider of pumps for heating, air conditioning, irrigation and other uses, recently implemented 鶹ԭ Ariba Supply Chain Collaboration for Buyers, with support from Accenture, to streamline processes, transactions and interactions with suppliers. Onboarding suppliers globally will continue in the upcoming years.
Network and Cloud-Based Solutions Match Supply with Demand
In response to supply chain disruption caused by COVID-19, 鶹ԭ opened access to the solution, allowing buyers to post immediate sourcing needs and permitting suppliers on Ariba Network to respond. Since the March 10 announcement, buyer postings and supplier responses increased by 58 percent and 404 percent respectively.
More than 25,000 new suppliers joined Ariba Network in the first quarter, bringing the total number of companies connected to 4.8 million and providing organizations with more sourcing options as they adjust supply chains in this state of disruption. More than US$3.3 trillion in global commerce flows annually through Ariba Network. Concurrently, 鶹ԭ Fieldglass solutions added nearly 1 million new workers. More than US$55 billion in spend on external workforce flows annually through 鶹ԭ Fieldglass solutions.
“Together with our customers and partners, we are navigating this new normal,” said 鶹ԭ Procurement Solutions President Chris Haydon. “We will continue to break down barriers in matching supply with demand and give customers the visibility they need to make informed decisions faster so their businesses, and the global economy, continue to move forward.”
The 鶹ԭ Procurement Solutions group includes 鶹ԭ Ariba, 鶹ԭ Fieldglass and 鶹ԭ S/4HANA-based offerings for operational procurement, delivering a comprehensive suite for goods and services procurement and external workforce management.
鶹ԭ Ariba solutions provide collaborative commerce capabilities from sourcing and orders through invoice and payment along with expertise to help customers optimize their spend. The solutions drive simple, intelligent exchanges between millions of buyers and suppliers across both direct and indirect expense categories.
鶹ԭ Fieldglass solutions are market leading for external workforce management and services procurement, helping global organizations find, engage and manage all types of flexible resources including contingent workers and services providers. 鶹ԭ Fieldglass solutions connect customers with approximately 6.7 million active external workers.
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About 鶹ԭ
As the Experience Company powered by the Intelligent Enterprise, 鶹ԭ is the market leader in enterprise application software, helping companies of all sizes and in all industries run at their best: 77 percent of the world’s transaction revenue touches an 鶹ԭ system. Our machine learning, Internet of Things (IoT), and advanced analytics technologies help turn customers’ businesses into intelligent enterprises. 鶹ԭ 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 more than 440,000 business and public customers to operate profitably, adapt continuously, and make a difference. With a global network of customers, partners, employees, and thought leaders, 鶹ԭ helps the world run better and improve people’s lives. For more information, visit .
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