Pagero has entered into an agreement with SAP aimed at providing extended global reach to SAP Ariba solutions including Ariba Network, the world's largest digital business network.
SAP Ariba solutions provide collaborative commerce capabilities from sourcing and orders through invoice and payment along with expertise to help customers optimize their spend. The solutions drive simple, intelligent exchanges between millions of buyers and suppliers across both direct and indirect expense categories.
Through Pagero, present and future businesses that use SAP Ariba solutions can deliver to a wider range of partners. Pagero will support SAP Ariba solutions in the exchange of source-to-pay content and documents.
“This is a milestone for Pagero, providing our services to one of the most well-known and established B2B networks worldwide,” says Fredrik Rosenqvist, CRO at Pagero.
Global B2B and B2G trade
The agreement enables the exchange and processing of business documents and content between networks and formats that the SAP Ariba solutions did not previously handle. Services will include the exchange of business-to-business (B2B) and business-to-government (B2G) e-invoices, e-order messages and order responses.
Pagero provides regulatory compliance and traceability solutions for the global exchange of e-documents. The Pagero Network is designed to maximize the business reach of users by means of interoperability agreements within both the private sector and the ever-growing B2G market.
A joint coordination team will tend to customer projects, establishing a business plan, supporting sales and marketing activities and ensuring continuous growth.
"We are always looking at new ways to open Ariba Network to create greater value for customers," said Nick Yoong, global vice president of Supplier Experience and Network Strategy for SAP Procurement Solutions. "By partnering with Pagero, we're helping businesses reduce complex and costly integration processes and simplify digital document flow from start to finish."
Source: The Market Buzz