SAP Ariba vs. StockIQ Technologies

Industries with stringent regulatory compliance requirements, such as healthcare and finance, benefit from SAP Ariba's robust features for maintaining compliance throughout the procurement process. The platform helps organizations adhere to industry-specific regulations and standards.Organizations seeking an end-to-end source-to-pay solution find SAP Ariba suitable. Its seamless integration of procurement processes, from sourcing to invoicing, simplifies workflows and improves overall operational efficiency.

Incentivized

We have year end buying goals discounts offered to us, StockIQ allows us to determine whether or not these are worthwhile to our company. It allows us to easily reach out several months to see what that would look like.

• Its data driven user solution helps in gaining visibility into the landscape and thus helps in informed decision making
• End to end procurement process under single platform and integration makes it easier
• We have always experienced cost reduction using SAP ariba

Incentivized

• User Interface Complexity:
• Some users find the user interface to be complex, particularly for new users. Simplifying the interface and providing more user-friendly navigation could enhance the overall user experience.
• Customization Challenges:
• Customizing certain aspects of the system, such as reports or templates, can be challenging. A more intuitive customization process would empower users to tailor the system to their specific needs more easily.
• Learning Curve:
• The platform has a steeper learning curve for some users, especially those less familiar with advanced procurement tools. Improved onboarding resources and training materials could help users get up to speed more quickly.

Incentivized

Established product and we are now using it as a mean for our procurement transformation

UI is good from tech perspective Customisations and personalisations are very intuitive and allows user to make the maximum usaage of the dashboard. Integrations with existing systems matters a lot for large enterprises. Training and support is very crucial. Mobile availability enhances the overall customer experience. Feedback is underrated but comapnies take it very seriously now a days.

Incentivized

Customer support has always been top notch. From small configuration changes to overall process changes, support has the teammates in place with excellent knowledge and is able to provide solutions based on business challenges quickly. Their customer support through their Account teams continues to be hands on and very responsive to needs in a timely fashion.

It improves over all vendor management system of an organization by providing less costly ways of procurement and making business simple. AribaSAP Ariba digitally transforms your supply chain, procurement and contract management process. acts as supply chain, procurement service to do business globally In today’s world, there is a need to control your supply chain and to collaborate with your suppliers in an efficient way. To enable healthy supply chain, you need to have suppliers with visibility to every part of procurement process so that they can maintain an efficient supply chain and help organizations to grow their and own business..

Incentivized

We previously used Rockysoft that has since become obsolete, SIQ has the options from that program that we enjoyed and so much more, ease of use and visibility of details have been a real game changer.

• We saved nearly 10% of planned costs due to the large database of vendors we created within the company as a whole.
• Saving in time due to shortening of procurement cycles. Procurement activities were never on the critical path and were accomplished with less Supply Chain resources than originally planned.
• In the process we created a huge database of Vendors and Pricing which well be beneficial in our future projects.
• It is an excellent tool and just what are business required and could afford.