B2B procurement trading platform to transform Abu-Dhabi property group’s operations and fast-track its digital transformation journey
This article was originally published on ITP.net.
Abu Dhabi-based Eltizam 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 a network of 2.7 million companies and 1.4 million users worldwide that have been utilising the Ariba system.
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 the Internet of Things (IoT), blockchain, artificial intelligence (AI), and machine learning (ML).
Chris Roberts, CEO, Eltizam said: “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 organization 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.”
SAP Ariba was implemented across Eltizam’s business units by its subsidiary, Tamouh Integrated Business Services (TIBS), which operates across the UAE and MENA region.
TIBS’ has also adopted SAP’s enterprise resource planning (ERP) system SAP S/4HANA, which has said to improve Eltizam’s finance, human resources and procurement operations.
Mansoor Khan, TIBS Group, IT Director, said: “Companies build their operations around ERP systems. Following the implementation of S/4 HANA in January, SAP Ariba will now transform the end-to-end operations of the clients’ businesses by enabling intelligent digital procure-to-pay solution. It will allow clients to respond to new customer demands and enable a digital roadmap increasing efficiency and delivering savings to their clients in the procure-to-pay business process.”
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