Product

About the SAP Ariba

Ariba was founded in 1996 in Sunnyvale, California, originally named Procuresoft before rebranding to Ariba for market clarity. It pioneered cloud-based procurement software, aiming to digitize and simplify corporate procurement processes. Going public in 1999, Ariba grew rapidly and survived the dot-com crash, acquiring several companies to strengthen its position. In 2012, SAP acquired Ariba for $4.3 billion, integrating it into its ERP ecosystem to form SAP Ariba. Today, SAP Ariba serves over 2.7 million companies, processes $1.3 trillion in commerce annually, and operates one of the largest B2B commerce networks. It provides modules for sourcing, supplier management, contract lifecycle management, invoicing, analytics, and risk management, enabling global procurement digitization and transparency.