What has changed in the new SMP?
Ariba has invested over 70M USD in engineering, operations, support, and account management to provide suppliers with functionality and services that drive significant, measurable ROI. Suppliers now realize incremental benefits such as: • Access to a global network of investors – through The Receivables Exchange – who can turn outstanding supplier receivables into working capital in as little as three days • 75% reduction in invoice entry time, enabled by a completely redesigned invoice user interface • A reduction in testing time from two hours to 30 minutes, due to overhauled CIF testing workflows • Deployment of new PunchOut testing tools that reduce a nine-step process to a three-step process, and reduce testing time by 50% • The introduction of management dashboards and a drilldown user interface that provides instant access to the most current orders, change orders, invoices, and invoice and payment alerts • The ability to rapidly resubmit failed and rejected invoices • An 80% re