This is the fifth consecutive time Gartner has named SAP a Leader in this report following an evaluation of SAP Ariba and SAP Fieldglass solutions.
According to Gartner, 'Growing pressure to reduce spend, drive compliance and improve efficiency continues to propel interest in the P2P suite market. . . . Gartner defines procure-to-pay (P2P) suite market as integrated solutions with automated workflows to request, procure, receive and pay for goods and services across an enterprise. These solutions are marketed as suitable for processing, at a basic level, all types of spending including indirect goods, direct goods and services. P2P suites optimize the purchasing process, resulting in improved financial controls, process compliance, cost savings (or cost avoidance) and mitigated risk.' Gartner evaluated 14 P2P suite providers on 15 criteria and placed SAP in the Leaders quadrant based on its completeness of vision and ability to execute.
'The experiences of this past year have put a spotlight on the importance of agility in procurement to manage unexpected disruption,' said
Additionally, in the Gartner Critical Capabilities for P2P Suites report,** published
SAP Ariba and SAP Fieldglass solutions are part of the larger intelligent spend and business network portfolio from SAP, which also includes SAP S/4HANA functionality for operational procurement and SAP Concur solutions. The newly formed business unit brings together SAP's solution and product engineering teams focused on procurement, external workforce management, and travel and expense management to help ensure SAP continues to lead the intelligent spend and business network markets while tapping into the broader portfolio so that customers benefit from a completely integrated suite.
Complimentary copies of both reports are available here.
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*Gartner, 'Magic Quadrant for Procure-to-Pay Suites,'
**Gartner, 'Critical Capabilities for Procure-to-Pay Suites,'
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