Companies have spent billions of dollars in personnel, reengineering, and systems over the past two decades to improve their internal process and information flows. Within the four walls of the enterprise, businesses have made great strides in sharing information and collaborating between departments and employees. Unfortunately, these islands of efficiency are disconnected from the outside world and fall down where it matters most – when buying, selling, or exchanging cash with other businesses. By some estimates, all this inefficiency costs business $650 billion per year in missed sales opportunities, higher operating and supply chain costs, and slower cash flow cycles. Hear why collaborative business commerce is the antidote for this corporate epidemic and how some of the world’s leading global enterprises are changing the game when it comes to driving top and bottom-line profitability.

Contributors: SAP Ariba
Categories: Symposium
SRC Type: Business Process Outsourcing (BPO), Outsourcing