EC News DeskEltizam Asset Management Group has successfully rolled out the next-generation end-to-end procurement solution SAP Ariba as part of its intensified and wide-ranging automation, operational efficiency and digital transformation efforts. The deployment of the highly accessible cloud-based solution is seen to modernise and take to the next level Eltizam’s core procurement and finance processes and operations.
Eltizam’s selection of SAP Ariba was based on the platform’s reliability, industry stature and track record. The company joins an astounding network of 2.7 million companies and 1.4 million users worldwide that have been utilising and enjoying the benefits of the system to date.
By transitioning to SAP Ariba, the Group can better manage, evaluate, and approve all proposals submitted by vendors or suppliers across various locations. This leads to direct and enhanced engagement between Eltizam and its target suppliers and solution providers, as well as redefined and more streamlined communication and collaboration mechanisms. Further, the technology is equipped with advanced features designed to revolutionise and level up the performance of the organisation’s supply-chain flow and management for greater overall supplier, buyer, and user experience.
SAP Ariba also provides real-time analytics to help Eltizam and its subsidiaries arrive at more informed decisions. Given the system’s design and structure, SAP Ariba will enable Eltizam to strategically prepare for future development and integration of its processes with IoT, blockchain, artificial intelligence, and machine learning.
SAP Ariba, the world’s largest B2B trading platform, was implemented across Eltizam’s business units by its subsidiary, Tamouh Integrated Business Services, which operates across the UAE and MENA region. Seeking to accelerate business transactions and promote seamless procurement transactions, TIBS provides its clients with specialised business solutions, with emphasis on system automation and process efficiency.
Its deployment followed TIBS’ rollout of the intelligent enterprise resource planning system SAP S/4HANA, which has improved Eltizam’s finance, human resources and procurement operations.
“Our intention of implementing SAP Ariba is to keep up with the digital transformation and reach to international vendors as we continue to expand as a company. Adoption of technology is an important part of our mission as a business organisation as technology is one of the six important pillars of our company’s culture, which we call Get Wonky. This latest development shows that we are not slowing down in our efforts to harness the power of relevant technological innovations to create amazing opportunities for success,” said Chris Roberts, CEO, Eltizam.
