Operationalizing Our Contracts at Air Canada: How We Achieve Compliance and Capitalize on Our Savings Using Ariba
Meet the Experts
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Pamela Zaravinos
Expert since 2022
Key Takeaways
⇨ Integrated a full end to end process between sourcing/contracts and buying/invoicing
⇨ Leveraged the Ariba contract pricing terms document that allows the pre-coding of line items with all relevant accounting information (GL, Cost Centre, etc….)
⇨ Took advantage of the 3-way match capability reducing the manual effort for invoice matching/approving
At Air Canada, our strategic procurement team’s purpose is to employ a disciplined approach to procurement with the aim of obtaining best value for goods and services. We work with various stakeholders to help them through competitive sourcing, drafting, and executing of their contracts. Without a robust procurement tool, we were not able to tie any of our contracts to the actual invoices that were being submitted against those contracts. When we implemented Ariba Contracting & Buying & Invoicing, we were able to leverage the contract compliance feature and begin operationalizing our contracts to ensure compliance against negotiated rates and leverage the savings we achieved.
