With the May 2023 release, we are proud to announce the new SAP Ariba integration for SAP Signavio Process Insights. This connection marks the first time that SAP Signavio Process Insights has connected to a non-ERP system. The new integration expands the analysis and improvement of procurement processes and aims to help you to build an agile, resilient, and sustainable procurement function.
From understanding your current process efficiencies to drilling down to root causes and to moving from fast insights to actions, the new integration provides you with the capabilities to optimize your processes running on SAP Ariba.
The first update features Process Flows and Process Performance Indicators for SAP Ariba Procurement, and Process Flows for SAP Ariba Sourcing.
SAP Ariba Sourcing:
- Request for Information (RFI) – measures the number of RFI events created in a certain time frame in which the event closure is expected.
SAP Ariba Procurement:
- Purchase requisition item creation to purchase order item creation – measures the number of purchase requisition items created in the reference period for which purchase order item creation is expected.
- Purchase order item creation to invoice receipt creation – measures the number of purchase order items created in the reference period for which invoice item creation is expected.
- Supplier invoice item creation to invoice item payment – measures the number of invoice items created in a certain time frame in which a payment against this invoice item is expected.
These updates have been designed to support you in reducing non-compliant spending, helping you to monitor budget limits excess, unsanctioned purchases, Illegal or fraudulent purchases, maverick buying, and use of unapproved vendors.
More updates are planned throughout 2023 and early into 2024, extending the available content to include SAP Ariba Contracts and SAP Ariba Supplier Management. These upcoming updates are aimed at helping you to reduce overall supply chain planning costs, reduce revenue loss due to stock-outs, better invoice management, and reduce time-to-market for new products.
In addition to the new SAP Signavio Process Insights integration to SAP Ariba in May 2023, the January 2023 release featured an SAP Signavio Process Intelligence accelerator for SAP Ariba. The accelerator covers sourcing as part of the Strategic Sourcing process and supplies you with ready-to-use data transformation templates and metrics that help you reduce your time-to-insight and value with our solution. This templated approach allows you to start fast with a process mining initiative, accelerating the data transformation for a new process and system and the start of your analysis, to then customize it according to your needs. You can read more about it here. We plan to release further SAP Ariba accelerators in the future. Please see here the complete list of our available accelerators.
To see all the updates SAP Signavio has introduced in the May 2023 release, please see our May 2023 release blog.
Big thank you to Reagan Nyandoro and Ekaterina Martynova for their contribution.