Premikati Transforms Contract Management with SAP Ariba
Certified WBE outsourcing firm leverages cloud-based solutions to fuel efficient digital process that
delivers savings and compliance
The cloud is where efficient contract management is happening. But many businesses lack the technology and resources to get
there. Premikati is out to change this, with some help from SAP Ariba. The business process outsourcing and management consulting firm today announced that it will leverage
Ariba® Contract Management Professional™ to drive an efficient, digital process for
managing contracts that delivers savings and compliance.
“We have seen clients of all sizes and industries struggle with contract management,” said Marisol Buczynski Buchanan, CEO of
Premikati. “Lack of tracking with respect to items such as expiration dates, renewal terms/price increases, service level
agreements, notice provisions, and even counter signatures is all too common. With SAP Ariba, we can help them overcome these
issues.”
An SAP Ariba BPO partner, Premikati will use SAP Ariba’s technology to perform contract management services not only for large
enterprises, but for companies under $500 million in annual revenue. And in doing so, it aims to eliminate many of the barriers
that prevent them from pursuing digital strategies such as a lack of resources to implement and manage software. “We can have them
up and running in two to three weeks at a very cost-effective price point,” Buchanan said.
Ariba Contract Management Professional is the industry’s leading SaaS solution for contract management. Uniquely designed to
eliminate the paper and ink from the creation, execution, and management of any type of contractual agreement, the offering enables
companies of all sizes to efficiently:
- Automate and accelerate the entire contract lifecycle
- Standardize and control contract development
- Collaborate with all stakeholders
- Strengthen operational, contractual, and regulatory compliance
“Contracts are the lifeblood of any organization and managing them effectively can deliver strategic advantage,” said David
Johnston, Senior Vice President, Partner Ecosystem, SAP Ariba. “With SAP Ariba’s technology and Premikati’s contract management
expertise, companies of all sizes can get on the road to automation and drive an efficient process that lowers both their costs and
risk.”
To learn more about SAP Ariba’s contract management solutions and the value they can deliver, visit: www.ariba.com
About Premikati
Premikati is a WBENC certified WBE Management Consulting and BPO firm that is specifically tailored to Contract Management and
Procurement. Premikati helps its clients with all facets of contracting and procurement strategy as well as outsourced Contract
Management Services including the drafting and negotiation of contracts. They employ procurement executives, attorneys, contract
management professionals, Six Sigma Black Belts, and certified Change Masters with extensive experience either inside or consulting
with the world’s top companies.
About SAP Ariba
SAP® Ariba® is the marketplace for digital business, creating frictionless exchanges between millions of buyers and suppliers
across the entire source-to-pay process. Our market-leading solutions enable companies to simplify collaboration with their trading
partners, make smarter business decisions and extend their collaborative business processes with an open technology platform. More
than two million companies use SAP Ariba solutions to connect and collaborate around nearly one trillion in commerce on an annual
basis. To learn more about the company’s offerings and the transformation they are driving, visit www.ariba.com
About SAP
As market leader in enterprise application software, SAP (NYSE: SAP) helps companies of all sizes and industries run better.
From back office to boardroom, warehouse to storefront, desktop to mobile device – SAP empowers people and organizations to work
together more efficiently and use business insight more effectively to stay ahead of the competition. SAP applications and services
enable approximately 335,000 customers to operate profitably, adapt continuously, and grow sustainably. For more information, visit
www.sap.com.
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.
© 2016 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 http://www.sap.com/corporate-en/legal/copyright/index.epx#trademark for additional trademark information and
notices.
Premikati
Marisol Buczynski Buchanan
603-867-3882
Marisol@Premikati.com
www.premikati.com
or
SAP Ariba
Karen Master
412-297-8177
karen.master@sap.com
View source version on businesswire.com: http://www.businesswire.com/news/home/20161116005391/en/