Zahara's cloud-based platform automates budget management and suppliers. It also allows for multi-level purchase approvals, delivery approvals, and invoice reconciliation and approvals. Zahara integrates seamlessly with the most popular accounting software, such as QuickBooks Online or Xero, to provide expanding SME's with real-time visibility and central control over their purchasing.
Zahara can be used for controlling spend within an organization. We can take the initial request to purchase something and automate the approval and sending the PO to the Vendor. Deliveries can be received, invoices from vendors matched and processed before being exported to finance.
Zahara increases control and speeds up processing.
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Most enterprise invoices are never paid from an emailed invoice. Across the $2B+ in receivables Monk manages, 92% have to be submitted through the buyer accounts payable portal instead, and a failed submission is usually silent.
Monk is an AI-native accounts receivable platform built around that problem. It files invoices into more than 600 corporate AP portals, including Coupa, Ariba and SAP Business Network, uploads 87% without a person, and brings each rejection back onto the invoice record with the reason attached.
Collections runs on the same data. Julia, the Monk agent for Intelligent Collections, reads inbound replies and answers what the customer wrote instead of advancing a dunning schedule, clearing 90% of invoices without escalation. Outbound mail sends through your existing Gmail or Microsoft 365 mailbox.
Payments match at 80%, rising to 95% once rules are added. Runs on QuickBooks, NetSuite or Dynamics 365 Business Central. SOC 2 Type II. Live in one to three days.
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Ariba Network
Ariba Network serves as a vibrant digital marketplace where countless buyers and suppliers engage in transactions worth trillions of dollars annually across more than 190 nations. This platform simplifies collaboration for both buyers and suppliers, enabling them to enhance their partnerships and uncover fresh business prospects. Buyers benefit from full automation of their procurement processes, from sourcing to settlement, allowing them to manage expenditures effectively, identify new savings avenues, and cultivate a robust and ethical supply chain. On the other hand, suppliers play a crucial role in helping buyers meet their procurement transformation objectives, working together in the cloud to elevate customer satisfaction, streamline the sales process, and enhance cash flow. Moreover, SAP Business Network promotes seamless collaboration among all trading partners, ranging from direct material suppliers to logistics and service providers, as well as asset operators and maintenance contractors, ensuring exceptional visibility, agility, and resilience within the supply chain. This interconnected network ultimately empowers organizations to respond swiftly to market changes and improve overall operational efficiency.
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SAP Ariba Supplier Management
SAP Ariba Supplier Management stands out as the premier solution suite that enables the efficient management of supplier information, lifecycle, performance, and risk seamlessly in one location. Imagine how much more streamlined supplier management could become with access to a trustworthy, current, and all-encompassing view of supplier details, spending, performance, and potential risks. Furthermore, consider how much more effective you would be in mitigating risk and curtailing savings leakage if the processes for supplier qualification and segmentation were inherently woven into your purchasing strategies. This is precisely what SAP Ariba Supplier Management facilitates. By integrating with your broader procurement activities, it serves as the leading solution set designed to manage all facets of supplier information, lifecycle, performance, and risk in a unified manner. With SAP Ariba, organizations can effectively channel spending towards preferred suppliers while minimizing risk throughout the entire procurement journey, encompassing everything from supplier onboarding and qualification to performance evaluation and segmentation. This comprehensive approach not only enhances operational efficiency but also fosters stronger supplier relationships that can lead to greater long-term value.
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