The Ariba network is known as the largest global digital business network operating in well over 150 countries and serving about 4 million companies. Consisting of both the SAP Ariba the SAP Fieldglass, they help their clients to develop stronger financial chain supply by recognizing opportunities and making the right partnership links in order to grow stronger business networks. These two platforms help their clients to increase their overall business efficiency and compliance, manage their spending rates and increase the operational outcome of their business.
The collaboration between SAP Ariba and the Standard Chartered Bank is to achieve their overall aim of helping businesses to manage their operations effectively even as there is a constant evolution in their industries.
According to Lisa Robins, the global head of Transaction Banking at Standard Chartered, “Our goal is to make life easier for our clients and their ecosystems, and as their businesses evolve, so do we,” we are delighted to collaborate with SAP Ariba to support our clients throughout their procure-to-pay lifecycles and beyond. As we embrace open banking, we connect communities across our footprint and provide access to integrated solutions that enable our clients to grow their businesses sustainably.”
Sean Thompson, senior vice president, Business Network and Ecosystem, SAP Ariba and SAP Fieldglass also expresses their extreme delight at this new collaboration. He says it will bring about an effortless mode of operation for customers, with financial options that will create enormous value for their businesses. One of such benefits for clients is providing them with a single platform for their end- end procure- to- pay process.
Standard Chartered is a world leading commerce bank which serves its clients with a diversity of services including the newest technological platform derived from this collaboration with the SAP technology.