State Trading Organization Collaborates With SAP Ariba

State Trading Organization (STO) has announced an exclusive collaboration with SAP Ariba- the new supplier business cooperation network of the organization. With the launching of SAP Ariba, it will strengthen all business transactions of STO, from everything ranging from source to pay. The Ariba network was launched at a special ceremony held at Dharubaaruge Convention Centre.

The SAP Ariba is a cloud-based innovative solution that connects suppliers and buyers through a single integrated platform, easing the flow of business management by providing convenient alternatives to procurement, transactions and conducting business. With the adoption of this network, the work pace of STO will receive a tremendous upgrade, converting five days of procurement work into five hours. A familiarization window for suppliers will be given after which all transactions will be conducted through the SAP Ariba platform.

During the launching ceremony, the Senior General Manager of STO, Ahmed Shifan launched the network. An introductory presentation on the Ariba Network was also carried out during the ceremony, led by STO’s Procurement Manager, Hussain Ali. The Ariba network will be the next step game-changer for STO as it digitally transforms the way the organization conducts business.