Ariba and Genpact had already found each other in the e-invoicing department, but they have decided to expand their alliance. The full suite of Ariba’s cloud-based collaborative business commerce solutions is now encompassed into Genpact’s source-to-pay offering. The Ariba-Genpact combination enables medium to large companies to improve their visibility into the procurement process and save more costs.
Double the benefits
Several advantages come with the joining of the two enterprises. First off, cloud-based applications for spend analytics e-procurement, e-sourcing, supplier performance management, contract management, working capital management and e-nvoicing. Let’s not forget a community of partners through which companies can quickly discover, qualify, connect, and collaborate with trading partners. And finally, capabilities in the form of best practices, community-derived intelligence and other unique features or services that are only available to members of the community, such as unique analytics, preferred financing, and ratings.
Ariba and Genpact are excited
Both parties are pleased with the decision to intensify the collaboration:
- Shantanu Ghosh, senior vice president, Practices, Solutions and Transitions, Genpact:
“Genpact is excited to expand our alliance with Ariba, as this significantly enhanced offering combines the full range of Ariba’s collaborative commerce solutions with Genpact’s procurement services led by our SEP framework for making business processes much more effective.”
- Jon Stevens, senior vice president of Global Channels and Alliances, Ariba:
“Social networks have revolutionized our personal lives, and the technologies underlying them are now helping to transform business.”
“As partners like Genpact recognize, the Ariba Network is an ideal platform through which companies can discover, connect and collaborate with their trading partners and drive process improvements that positively impact their performance and bottom line.”