Premikati and SAP Ariba Deliver Enterprise-class Procurement for SMBs

10 Jan, 2019

    Original Post Here: http://bwcio.businessworld.in/article/Premikati-and-SAP-Ariba-Deliver-Enterprise-class-Procurement-for-SMBs/08-01-2019-165892/

    Premikati has created the marketplace specifically geared to SMBs in just six weeks

    For small and medium-sized businesses (SMBs), shrewd spending decisions can mean the difference between failure and success. But many lack the systems and staff to make procurement a mission-critical priority.

    Premikati Inc. has a solution to their problem. Leveraging technology from SAP Ariba, Premikati introduced the Premikati Marketplace, giving SMBs access to enterprise-class procurement as a service.

    “Small and medium-sized businesses have long wanted to take advantage of enterprise-class procurement, but they haven’t had the means,” said Marisol Buczynski Buchanan, CEO of Premikati. “Using the Premikati Marketplace, they can access millions of vetted suppliers and enterprise-class procurement tools that provide greater visibility into their spend and procurement process from end to end – all at a cost they can afford.”

    As an SAP Ariba partner, Premikati has created the marketplace specifically geared to SMBs in just six weeks, from delivery to cutover to production. It provides them with critical elements they need in driving a simple, efficient source-to-settle process that quickly delivers results. Their customers can manage spending, connect with suppliers, improve cash flow, and drive compliance – all without adding complexity.

    “The Sanders Group has been transacting over the Ariba Network for many years as a media technology and communications supplier to some of the largest companies in the United States,” said Mike Sanders, president of The Sanders Group. “With the Premikati Marketplace, we can now use the same SAP Ariba solution to purchase products and services we need to run our business. Premikati was able to get our team enabled and completing transactions within one hour of receiving our information.”