Tag Archives: Ariba LIVE

On The Strip from Ariba LIVE 2014 – Part 3

Screen Shot 2014-03-28 at 5.11.45 PMThroughout last week PayStream participated in Ariba LIVE from Las Vegas, Nevada. This blog is part of a series detailing our experiences from analyst briefings, one-on-one sessions with SAP and Ariba representatives, and keynote and breakout sessions at this highly informative and entertaining conference.

The Ariba Network is a powerful B2B commerce tool that connects buyers and sellers. Organizations that utilize the Ariba Network further automate their billing and payment processes by importing network transactions directly into other Ariba solutions such as AribaPay or Ariba Invoice Management.

During their roadmap discussion attended by PayStream analysts, Ariba highlighted several areas in which the Ariba Network would see improvements in 2014. These included deeper collaboration between Ariba and SAP, increasing seller value, increased globalization, and improved infrastructure.

Deeper collaboration between SAP and the Ariba Network means platform consolidation and spot quote functionality. The ability to invoice service companies through mobile devices is also on the horizon. Ariba plans to increase the reach of the Ariba Network to include Brazil, Russia, China, Columbia, and Chile and maintain government compliance along the way with the use of archiving extensions and local 3rd party tax integrators.

Ariba plans to increase the value to Network sellers by providing richer profiles to generate more leads, predictive sales functionality and spot quote matching capabilities. The Ariba Network will also be moved onto the HANA platform, for more info on this see Part 2 of this sequence.

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One of the most memorable experiences from Ariba LIVE this year was the keynote session from Bert Jacobs, one of the co-founders of the Life is Good company. Jacobs told the story of how his company went from his brother and he selling t-shirts (and living) out of a van to an enterprise with 11 million in revenues in 2013. His company is founded on the principle that humans are naturally optimists; we desire to see the positive side of life and hence “life is good.” Jacobs’ mother would ask her children every night at dinner to describe one positive thing they achieved that day. This was but one of the many things that inspired Bert to create a t-shirt, a brand, an enterprise, and a charitable foundation.

In Bert Jacobs’ speech, he shared that once his company started to take off, Bert started to receive lots of fan mail, predominantly from children. These children were often overcoming life-changing or traumatic events and the Life is Good branding and ideology gave them hope and helped them cope with grief and tragedy. He shared one of these letters with the audience (see bert1picture below). I won’t go into the details so that you can remain dry-eyed at your office (unlike half of the Ariba LIVE audience in the Chelsea ballroom). The letter told a story of two young twin brothers who relied on each other’s strengths to remain positive and optimistic about life and the inspiration they attained from the Life is Good ideology.

It was stories such as this one that led Bert to realize that optimism starts in your childhood. He started a foundation, Life is Good Playmakers, to help troubled kids have fun because having fun and the possibility of having more fun is the foundation of a life-long optimistic attitude. Life Is Good Playmakers uses teachers, social workers, and child life specialists to help children overcome poverty, violence and illness. These “playmakers” use the power of play to build healing, life-changing relationships with the children in their care. To date more than 310,000 children have been cared for by Playmakers throughout the United States and Haiti and the foundation continues to raise millions via 10 percent of all Life is Good revenues.

I suppose the takeaway from this speech was that the most productive and successful people and bert2organizations are the most optimistic ones. With procurement and purchasing it is especially important to be optimistic about improving processes and the power of SAP and Ariba’s solutions will foster that improvement. There may have been frisbees thrown at the crowd.

On the Strip at Ariba LIVE 2014 Part 2

Screen Shot 2014-03-28 at 5.11.45 PMThroughout last week PayStream participated in Ariba LIVE from Las Vegas, Nevada. This blog is part of a series detailing our experiences from analyst briefings, one-on-one sessions with SAP and Ariba representatives, and keynote and breakout sessions at this highly informative industry conference.

Opening day at Ariba LIVE included several educational sessions for industry insiders including an analyst briefing and roadmap discussion. PayStream had the benefit of attending this event and has much to report for what’s in store for Ariba in 2014.

Recently, SAP acquired Ariba to include them as part of their cloud-based suite of financial and business intelligence solutions. Both parties had much to gain from this partnership. SAP offered its talent, expertise, technology, and investment while Ariba provided their customer success, and procurement and purchasing cloud DNA to further SAPs reach into the cloud ecosystem.

The analyst briefing offered insight into what Ariba had in store for both the immediate (within 3 months) and not-so-distant (within 3 years) future. Improvements are planned for all facets of the Ariba solution including strategic sourcing, P2P, services procurement, and the Ariba Network.aribalive2

Increased functionality and enhanced user experience were two areas that were frequently mentioned as new additions to the Ariba solution. Ariba’s Strategic Sourcing Application improvements included a strategic search function within the application so as to avoid the need for a separate search engine. Also mentioned were recent updates for Internet Explorer 10 64-bit and Office 2013 support. In the near future increased support for the public sector and suppliers will be added as well as an increase focus on contract risk management.

Two recurring themes throughout Ariba’s roadmap were the inclusion of SAPs HANA and Globalization. P2P and Procurement support are being updated in the immediate future to include invoice, discount, shipping, and allowances support for Russia, China, Brazil, and Mexico. Better handling of multilingual codes & characters are also a top priority. The Ariba Network will be extending its reach into new markets in South America and Asia and will include compliance updates as well as integration with local third-party tax providers to ensure seamless user adoption in these foreign markets. The enhancements don’t just end there, as one might assume. Ariba is beginning a transition onto SAPs HANA framework.

SAPs HANA (High-Performance Analytic Appliance) was released in 2010 and is an incredibly powerful tool for reporting and analytics. HANA is an in-memory column-oriented, relational database management system. Traditionally, databases are stored on hard drives where processors have to communicate back and forth to analyze data. With enterprise level organizations this means that running reports can take hours or even days. For example, let’s say a supplier offers you a new arrangement involving new terms on one billion widgets. Before the introduction of HANA, running a report to see if this were in your best interest could take hours or even days; you would undoubtedly be calling them back (all the while they’re offering this exclusive offer to someone else). With HANA, instead of moving billions of records from hard-drives to a processor to be analyzed, the data is stored in-memory so you can analyze billions of records in seconds, not hours. With HANA, you’ll be able to make decisions faster and smarter. Ariba plans to have at least 90% of its application on the HANA platform by 2017, meaning faster reporting and increased efficiency for Ariba users.

PayStream is excited about the roadmap that Ariba has projected. The partnership of SAP and aribalive3Ariba has merged two of the industry leaders in procurement and P2P to offer a solution like no other seen before. Stay tuned for the third installment of On the Strip at Ariba LIVE 2014 later this week. Topics will include a roadmap discussion about the Ariba Network and highlights from keynote speaker Bert Jacobs of the Life is Good Company.

Speaking of must-attend purchase-to-pay events, check this out.