Siemens selects Ariba

Ariba, a spend management solutions provider, has been selected by Siemens Enterprise Communications as the platform for its strategic spend management program, states Business Wire.

Siemens Enterprise Communications will leverage a suite of Ariba's on-demand spend management solutions, including: Ariba Spend Visibility, Ariba Sourcing, Ariba Contract Management and Ariba Supplier Performance Management.

The solution will provide contract management capabilities to streamline and integrate approval processes and drive compliance with various regulations.

Spend management solution provider Zycus, has released a contract management application designed to provide sourcing and procurement professionals with contract management capabilities, says SDC Exec.

Zycus said that the new iContract provides organisations with the ability to have contract savings through real-time monitoring, proactive alerting and robust search capabilities that provide tracking of contract compliance across the contract lifecycle.

Aatish Dedhia, CEO of Zycus, says: "Within the present economic climate, efficient contract management is especially imperative. Zycus' iContract enables customers to achieve higher spend management performance."

ePlus Systems' latest spend and business intelligence solution called Spend+ enables CFOs to analyse a corporation's spend and expenses from within a common and intuitive set of dashboard views, reports msnbc.

Reporting elements such as contract compliance, budget compliance, and travel and expense policy conformance are available through the dashboards, and detailed transactional data is readily available for further analysis.

The solution aims to identify how much is being sourced off contract, supplier and business unit conformance to existing contracts.