Nedbank Transforms Business with Ariba [Ariba LIVE Munich]

Complexity can stop a business in its tracks. Simplicity keeps things running. Recognizing this, Nedbank, one of the four largest banks in South Africa, has implemented the cloud-based applications and business network of Ariba, an SAP Company.

To drive its programs, Nedbank uses the sourcing and invoice management applications delivered on the Ariba Network, in conjunction with its SAP ERP system, to manage its procurement and financial processes, suppliers and spend – all in one location.

Ariba LIVE Munich

And on June 9 the company will discuss how it is leveraging them to drive innovation and growth across its operations during a mainstage presentation at Ariba LIVE Munich, the premier business commerce event set to take place June 8-10 at The Westin Grand Munich.

Ian Fuller, Executive Head: Business Transformation, Nedbank:
“Like many organizations in today’s always-on, connected economy, Nedbank is focused on executing change programs that standardize global processes and enable our workforce to operate in a more simple and integrated fashion. And technology is a key enabler of this.”

“Through Ariba, we have been able to standardize our systems, data and processes and fuel a new, more collaborative way of operating that has enabled us to reduce our costs, increase our efficiency and improve our performance.”

Shiraz Sarang, Chief Procurement Officer, Nedbank:
“ERP systems are maturing, and coupled with pressure on IT departments to consolidate and reduce support costs, there has been a shift to single systems being implemented across all functions. With the integration of SAP and Ariba, we can manage our procurement and finance operations in a simple and coordinated way through a single interface.”

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