SAP Spend Connect Live Hits the Innovation Jackpot

Almost 1,400 prospects and companions got here collectively in Las Vegas, Nevada, to witness the ability of SAP’s spend administration and enterprise community options at SAP Spend Join Dwell. Better of all, attendees left with new methods to reinforce productiveness, strategically collaborate, guarantee easy compliance, and achieve crucial enterprise insights.

In case you missed out on the motion, we unveiled the next cutting-edge improvements in our market-leading options:

• SAP Ariba Consumption Administration is our latest answer that helps automate procurement request creation and orchestrate routing and assist throughout numerous procurement landscapes and sophisticated workflows. It may join totally different methods into one central location for procurement inquiries and standing updates, so workers can adhere to your group’s insurance policies and adjust to mandatory rules.
• SAP’s generative AI copilot Joule will likely be seamlessly built-in throughout SAP Ariba options, SAP Enterprise Community, and SAP Fieldglass options. Joule can allow customers to handle their most necessary duties shortly and precisely throughout all areas of SAP’s spend administration portfolio.  
• The promote subscription for SAP Enterprise Community can empower suppliers to seek out new enterprise, enhance match potential, and construct relationships with consumers utilizing the community catalog. Out there early subsequent 12 months, it consists of generative AI instruments to assist suppliers load their full suite of choices into the community catalog quicker and with enhanced product descriptions and summaries. 
• New analytics capabilities in SAP Fieldglass options can ship next-level insights into your exterior workforce for reporting, analytics, and market insights all inside SAP Fieldglass.

Learn this text from my colleague Manoj Swaminathan to study extra about our newest spend administration and enterprise community enhancements.

Main manufacturers akin to Goldman Sachs, Kraft-Heinz, Thermo Fisher Scientific, Uber, and Warner Music Group joined us on the occasion to share how they revolutionized their spend administration processes with our options. Try SAP Spend Join Digital to listen to these tales and think about breakout classes, technique talks, and answer deep dives. This free, digital occasion is your alternative to study from SAP specialists, prospects, and companions.

Thank You, IDC

As a pacesetter in spend administration software program, SAP is devoted to serving to our prospects improve management and enterprise resilience by comprehensively managing all sources of spend. Laborious work pays off, as SAP has retained the No.1 place for market share with 49.6% of 2023 market share for Journey and Expense Administration Software program, in line with the IDC Worldwide Journey and Expense Administration Software program Market Shares 2023 (doc #US51658524, August 2024) report. That is progress from our 2022 market share of 49.4%. 

Additionally thrilling, SAP has retained the No.1 place for market share for Procurement Functions in line with the IDC Worldwide Procurement Functions Market Shares 2023 (doc #US52580824, September 2024) report. IDC estimates that SAP holds a 27.3% market share for 2023, sustaining the highest spot forward of the following six distributors mixed.

Moreover, we’re honored to win two IDC SaaS CSAT awards for Accounts Payable and Contract Lifecycle Administration. These awards acknowledge the main software-as-a-service (SaaS) distributors in every utility market, throughout 23 markets, that obtain the very best buyer satisfaction scores based mostly on IDC’s SaaSPath Survey.

Our Buyer Awards Attain New Heights