Ariba Vice President Chris Haydon explains the company’s latest news and offers insights into how Ariba will be broadening its services procurement management value, mobile push, and AribaPay rollout.
We have some really exciting innovation coming in the near-term to Ariba in a couple of areas. First, let’s talk about Network RFQ or the Spot Buy. We think this is part of the undiscovered country, where, according to The Hackett Group, 40-plus percent of spend is not sourced.
By linking this non-sourced spend to the Ariba Network, we think we’re going to be able to address a large pain-point for our buyers and our sellers. Network RFQ or Spot Buy is a near-term solution that we announced at LIVE, and we’re bringing that forward over the next six months.