More news: Software
Agency / Source: KXEN | SAP

Check Ads Availability|e-mail Article

Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

SAP and Qualtrics Introduce Qualtrics XM for Suppliers to Enhance the Source-to-Pay Experience for Procurement Solutions from SAP - SAP SE and Qualtrics announced Qualtrics XM for Suppliers - Qualtrics.com / SAP.com
SAP and Qualtrics Introduce Qualtrics XM for Suppliers to Enhance the Source-to-Pay Experience for Procurement Solutions from SAP

 

PRZOOM - /newswire/ - Walldorf, Rhein-Neckar-Kreis, Germany, 2020/10/30 - SAP SE and Qualtrics announced Qualtrics XM for Suppliers - Qualtrics.com / SAP.com. NYSE: SAP

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Software Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

SAP SE and Qualtrics today announced Qualtrics XM for Suppliers, a new solution that empowers organizations to identify key areas of improvement across the source-to-pay process to help secure critical supply, increase cost savings, mitigate risk and improve business agility.

Qualtrics XM for Suppliers combines data from an organization’s SAP Ariba, SAP Fieldglass and SAP S/4HANA solutions with real-time supplier insights and AI-driven intelligence from Qualtrics, an SAP company.

A majority, 66%, of chief procurement and chief supply chain officers said their procurement function is adept at mitigating risks with suppliers, according to a study conducted by Oxford Economics and SAP. Yet only 51% said they can quickly find alternative supply sources, and 46% said that gaining visibility into supplier performance is challenging.• Qualtrics XM for Suppliers helps organizations enhance existing source-to-pay processes by listening, understanding and most important, acting on supplier feedback at every touch point.

“When organizations prioritize listening, understanding and acting on stakeholder feedback, the business impact and ROI will naturally follow,” said Brian Stucki, Qualtrics executive vice president and CustomerXM general manager. “Qualtrics XM for Suppliers puts supplier feedback at the heart of buyer-supplier interactions and becomes an integral part of decision-making and relationship building. Procurement teams get a holistic view of the entire process through the lens of their suppliers to quickly close feedback loops, attain prescriptive recommendations on areas of improvement and advance spend innovation.”

As a leader in customer experience and creator of the Experience Management (XM) category, Qualtrics provides its expertise to the new solution with key features of the Qualtrics XM Platform, such as the Qualtrics iQ engine, to help deliver:

Predictive analytics and intelligence. Instantly access supplier feedback and gain insight into predictive indicators to support informed spend decisions across the business.
Automated and seamless workflows. Close experience gaps across the source-to-pay process with action plans that require no additional analysis and are automatically provided to procurement teams.
Real-time insights to action. With visibility into supplier health and interactions across supplier touch points, from onboarding to crisis recovery, procurement teams know exactly where to implement change and which steps to take.

“This year has taught us that agility and resilience can only be achieved if you can anticipate disruption before it happens, enhance critical supplier synergies and know when to activate alternate sources of supply,” said Jason Wolf, senior vice president and SAP Intelligent Spend and Business Network general manager. “That’s even easier to achieve now with Qualtrics XM for Suppliers for SAP Ariba, SAP Fieldglass and SAP S/4HANA solutions.”

Qualtrics XM for Suppliers empowers procurement, finance and supply chain teams to help:

• Secure critical supply and deliver business resiliency by identifying and mitigating areas of risk to minimize business disruption and proactively responding to the feedback of the most critical suppliers.
• Accelerate savings by getting AI-driven insights and recommendations throughout the source-to-pay process to help identify experience gaps in the supply chain and influence more favorable contract terms that impact ROI.
• Innovate with speed by leveraging feedback captured throughout the source-to-pay process to promote supplier collaboration and use supplier expertise to identify process improvement areas.

About Qualtrics

Qualtrics (qualtrics.com), a leader in customer experience and creator of the Experience Management (XM) category, is changing the way organizations manage and improve the four core experiences of business customer, employee, product, and brand. Over 12,000 organizations around the world are using Qualtrics to listen, understand, and take action on experience data (X-data) the beliefs, emotions, and intentions that tell you why things are happening, and what to do about it. The Qualtrics XM Platform is a system of action that helps businesses attract customers who stay longer and buy more, engage employees who build a positive culture, develop breakthrough products people love, and build a brand people are passionate about.

About SAP

SAP’s strategy (sap.com) is to help every business run as an intelligent enterprise. As a market leader in enterprise application software, we help companies of all sizes and in all industries run at their best: 77% of the world’s transaction revenue touches an SAP system. Our machine learning, Internet of Things (IoT), and advanced analytics technologies help turn customers’ businesses into intelligent enterprises. SAP helps give people and organizations deep business insight and fosters collaboration that helps them stay ahead of their competition. We simplify technology for companies so they can consume our software the way they want without disruption. Our end-to-end suite of applications and services enables business and public customers across 25 industries globally to operate profitably, adapt continuously, and make a difference. With a global network of customers, partners, employees, and thought leaders, SAP helps the world run better and improve people’s lives.

For customers interested in learning more about SAP products:
Global Customer Center: +49 180 534-34-24
United States Only: 1 (800) 872-1SAP (1-800-872-1727)

For more information, press only:
Kelly Sheldon Murray: P: +1 978-708-6821 - E: kelly.murray[.]sap.com, ET
Jessica Jones, Qualtrics; E: press[.]qualtrics.com, MT

• Source: SAP procurement transformation research in collaboration with Oxford Economics.

Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as “anticipate,” “believe,” “estimate,” “expect,” “forecast,” “intend,” “may,” “plan,” “project,” “predict,” “should” and “will” and similar expressions as they relate to SAP are intended to identify such forward-looking statements. SAP undertakes no obligation to publicly update or revise any forward-looking statements. All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations. The factors that could affect SAP’s future financial results are discussed more fully in SAP’s filings with the U.S. Securities and Exchange Commission (“SEC”), including SAP’s most recent Annual Report on Form 20-F filed with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates.

© 2020 SAP SE. All rights reserved.
SAP and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP SE in Germany and other countries. Please see sap.com/copyright for additional trademark information and notices.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Software Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Agency / Source: KXEN | SAP

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick PRZOOM - Press & Newswire Visibility Checker

 

Distribution / Indexing: [+]  / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
Software Warnings - IMPORTANT:
Always be aware/cautious about what you download on your computer/mobile! PURCHASE SOFTWARE related keywords / Banner Ads. Click HERE for details!
.

 
  Your Banner Ad showing on ALL
Software articles,
CATCH Visitors via Your Competitors Announcements!


SAP and Qualtrics Introduce Qualtrics XM for Suppliers to Enhance the Source-to-Pay Experience for Procurement Solutions from SAP

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name PRZOOM - Press & Newswire and LINK as the source.
 
  For more information, please visit:
Is this your article? Activate ALL web links by Upgrading to Press Release PREMIUM Plan Now!
Qualtrics XM | SAP SE
Contact: Geraldine Lim - SAP.com 
415-418-0945 geraldine.lim[.]sap.com / press[.]sap.com
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any KXEN | SAP securities in any jurisdiction including any other companies listed or named in this release.

Software via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY

Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Press Releases From KXEN | SAP / Company Profile


Read Software Most Recent Related Press Releases:

Splunk to Acquire Network Performance Monitoring Leader Flowmill
Webcor Builds Cyber Resilience with OpenText
Aptean to Add Product Lifecycle Management to its Solution Suite through Acquisition of Lascom
Bene Selects TrackWise Digital to Enable Digital Quality Management
TIBCO Enables Pirelli to Deploy iPaaS Platform to Support Digital IT Ecosystem
One Brooklyn Health Selects Infor Healthcare to Create Clinically Connected Health System
New Proprietary Research from Aptean Shows Strengthening Focus on Digital Transformation in Food and Beverage Industry
SAP Recognized as a Leader in the Gartner 2020 Magic Quadrant for Procure-to-Pay Suites
Forager to Expand Digital Marketplace Capabilities to More Shippers with Blue Yonder
Yokogawa Releases Field Assistant R2.05

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
 
NewswireToday Celebrates 10 Years in Business
.



PREMIUM Members


Visit  BizJobs.com

Visit  JobsWare.com

Visit  Calmerry







 
  ©2020 PRZOOM - Limelon Advertising, Co.
Home | About PRZOOM | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneur newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today