Docusign unveils Connector innovation to manage workflows for SAP Ariba

⇨ Organizations face challenges in contract management due to limited visibility, inefficient approval processes, and disconnected tools, leading to significant financial losses.

⇨ Docusign's new Connector for SAP Ariba automates workflows and enhances collaboration, allowing businesses to manage agreements more efficiently and reduce friction in sourcing and procurement.

⇨ The integration will be showcased at the SAP Spend Connect event, emphasizing the importance of contract lifecycle management in improving Source to Pay processes.

Organizations can often struggle with limited visibility into contracts, inefficient approval handoffs and disconnected tools across the contracting process. These challenges can injure an organization’s procurement cycles and contracting, resulting in unwanted auto-renewals and reduced contract value.

According to a recent study by Deloitte, nearly $2tn is lost in global economic value each year due to poor agreement management practices and systems. Docusign, a provider of Intelligent Agreement Management, is committed to solving these challenges with SAP with the introduction of its new Connector for SAP Ariba solutions.

Built on the Docusign IAM platform, the new Connector automates workflows between Docusign CLM and SAP Ariba solutions to help businesses boost time to value and eliminate friction in source-to-pay agreement processes. It will achieve this through streamlined collaboration, automation and integrations with SAP systems. Moreover, organizations can create new vendor agreements faster, integrate third-party agreements and manage workflow tasks across Docusign and SAP Ariba solutions. For users, this solution:

• Enables streamlined collaboration
• Automate workflow routing
• Enhance data synchronization
• Improve agreement management
• Allows an integrated user experience between Docusign and SAP Ariba

Docusign’s latest offering for SAP Ariba will make its debut at the SAP Spend Connect event taking place in Las Vegas from October 14-16. Docusign will showcase how the integration enables seamless, automated workflows and real-time data synchronization to unify procurement and contract management tasks. It will also host a session on how contract lifecycle management (CLM) can revolutionize Source to Pay agreement processes.

Hosted by SAP, Spend Connect gives attendees the opportunity to delve into the latest innovations, strategies and best practices related to vendor management. This event highlights SAP’s solutions for procurement, supply chain and external workforce management, such as SAP Ariba, SAP Fieldglass and SAP Concur.