I'd like to kick off this blog post by first saying thanks to SAP Ariba for having me! I'm Andy Wright and I am the Vice President of Solutions at SAP Fieldglass. We provide the industry's leading cloud technology for services procurement and external workforce management. Our Vendor Management System (VMS) helps more than 400 global businesses gain visibility into their flexible labor, project-based services including Statements of Work (SOWs), independent contractors and additional talent pools.
Experts estimate that services requirement budgets can consume anywhere from 30% to 60% of all company spending at any given organization. Knowing this, it's essential that businesses today gain visibility into this key spend segment and establish a total spend management strategy. SAP Fieldglass and SAP Ariba can help you get there.
We're excited to share that now, with a new out-of-the-box integration between our VMS and SAP Ariba's cloud-based procurement solutions, our joint customers have access to the most robust, end-to-end platform for procurement across all spend categories. SAP Fieldglass is a natural extension of your SAP Ariba investments and can help you target and actively manage any and all categories of your services procurement spend in real time. We can help you drive significant improvements to your overall cost savings, spend management and ROI initiatives.
Additional benefits businesses will see with this integrated approach include:
I'll dive further into the integration during the SAP Ariba Procurement and SAP Fieldglass Integration session at SAP Ariba Live on Wednesday, March 16 at 10:45 AM. During this session, I'll share various strategies customers are leveraging to integrate their SAP investments, details on our joint roadmap and more. I hope to see you there!