Introducing New Docusign Connector for SAP Ariba Solutions
Transforming the Source-to-Pay Agreement Processes
In today's rapidly evolving procurement landscape, organizations often struggle with limited visibility into contracts, inefficient approval handoffs, and disconnected tools across the entire contracting process. These challenges hurt business with inefficient procurement cycles, rogue contracting, unwanted auto-renewals, and reduced contract value. Nearly $2 trillion dollars are lost in global economic value each year due to poor agreement management practices and systems, and procurement teams miss over $1 million in savings from contractual incentives on average according to a recent study from Deloitte.
At Docusign, we’re committed to solving these challenges with our long-standing partnership with SAP. As a leader in CLM, Docusign is innovating solutions that help customers achieve their business goals by streamlining source-to-pay workflows with the power of Intelligent Agreement Management (IAM). In April, SAP recently awarded Docusign an SAP Global Intelligent Spend and Business Network Partner Excellence Award winner in the Partner Solutions Success category - recognizing our valuable contributions toward SAP’s cloud growth ambitions for customers.
At the upcoming SAP Sapphire events in Orlando, Florida and Barcelona, Spain we'll be sharing our latest innovation: the new Docusign Connector for SAP Ariba solutions. Built on the new Docusign IAM platform, this new solution automates workflows between Docusign CLM and SAP Ariba solutions to help businesses accelerate time to value and eliminate friction in source-to-pay agreement processes.
Docusign Connector for SAP Ariba Solutions
Docusign Connector for SAP Ariba solutions will help accelerate time to value and eliminate friction in source-to-pay agreement processes with streamlined collaboration, automation, and integrations with SAP systems. Organizations can create new vendor agreements faster, integrate third-party agreements, and manage workflow tasks across Docusign and SAP Ariba solutions - while enhancing the overall customer, vendor, partner, and employee experience.
![Docusign Connect SAP Ariba New Contract Docusign Connect SAP Ariba New Contract](/sites/d8/files/styles/body_max_width/public/2024-06/Docusign%20Connect%20SAP%20Ariba%20New%20Contract.png?itok=x0itz0Mg)
New Capabilities
- Streamlined collaboration: Enable teams to work together easily with a natively integrated user experience between Docusign and SAP Ariba.
- Automated workflow routing: Easily assign and manage tasks between the Docusign and SAP Ariba solutions, improving collaboration and streamlining the process.
- Enhanced data synchronization: Eliminate manual data entry by automatically synchronizing data sharing between Docusign and SAP Ariba solutions, helping to reduce errors and ensure consistency.
- Improved agreement management: Generate new agreements with key sourcing data from SAP Ariba solutions, ingest third-party documents into Docusign from contract workspaces within SAP Ariba solutions, and maintain a full audit history for agreements in both systems.
The new Docusign Connector for SAP Ariba solutions will be available globally starting in September to help streamline source-to-pay agreement processes. We’re excited for the future of our partnership with SAP. Together, we’re transforming how organizations create, commit to, and manage agreements.
To learn more about how the new Docusign Connector for SAP Ariba solutions can help your organization, visit us at SAP Sapphire (Orlando, FL) Booth 533, stop by our theater session.