2019 APR 16 (NewsRx) -- By a News Reporter-Staff News Editor at Computers, Networks & Communications Daily Daily -- SAP ARIBA LIVE -- American Express (NYSE: AXP) and SAP Ariba announced that they have entered into a strategic multi-phased partnership designed to offer buyers and suppliers new payment and financing options on Ariba® Network, extending its value for joint large and global customers. Sean Thompson, senior vice president, SAP Ariba Business Network & Ecosystem, and E-Bai Koo, executive vice president, Global Commercial Services at American Express, will share details of the news with the thousands in attendance at SAP Ariba Live, taking place at the Austin Convention Center, April 1-3.
As a network extension partner, American Express will leverage Ariba Network APIs to enable its virtual Card capabilities within the SAP Ariba process and platform to facilitate seamless commerce, secure payments, and easy reconciliation between businesses on a single platform. Through this new integration available later this year, businesses will have the opportunity to use their existing American Express® Corporate Cards to generate virtual Card payments, making it simple for customers to get started without the need to set up and maintain a separate standalone account.
“We are continuously looking for ways for our customers to conduct more business in a simple, intuitive and integrated manner. With over half of American Express’ largest global customers already using SAP Ariba to manage their expenses, this partnership has the opportunity to provide significant value for our joint customers,” said Koo. “We couldn’t be more excited about building a long-term partnership with SAP Ariba.”
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