Ariba Knowledge Nuggets:  Contracts in the Cloud

Version 1

    Contracts. They're the linchpins that hold together complicated business relationships. They're also time-consuming, frustratingly inconsistent, and hard to enforce – especially if you're not sure where they're filed. For your procurement operation, that can mean higher risk, leaked savings, and missed opportunities.

    Delivered via the Ariba Commerce Cloud, it's the market-leading SaaS solution that gets all stakeholders working together on procurement contracts (or sales contracts, intellectual property licenses, employee agreements, etc.). On a single, user-friendly platform, you can standardize and accelerate the process, from initial request to electronic execution and storage. Negotiate with suppliers from the world's largest online trading partner community. And drive efficiency and compliance by integrating contract management processes with sourcing, procurement, and other spend management solutions.