News
October 14, 2021

Archlet Sourcing Optimization App now available on SAP® Store

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Archlet Sourcing Optimization App now available on SAP® Store

By integrating with SAP® Ariba® solutions, Archlet Sourcing OptimizationApp enables advanced sourcing analytics and optimization capabilities for customers.

Zürich, 14.10.2021 — Today, Archlet announced that its Archlet Sourcing Optimization App is now available on SAP® Store, the online marketplace for SAP and partner offerings. The API connector integrates with SAP® Ariba®solutions and enables advanced sourcing analytics and scenario optimization capabilities for customers.

“By making Archlet’s sourcing analytics and optimization capabilities available to customers on SAP Store, businesses get access to best-in-class capabilities that further enhance the ROI of their investment into SAP Ariba solutions. Customers can now easily analyze and model sourcing scenarios that include sustainability, risk or supplier diversity scores, while maintaining a single source of truth within the SAP Ariba solution,” says Tim Grunow, Co-Founder and Managing Director at Archlet.  

Using the Archlet Sourcing Optimization App to enhance SAP Ariba allows clients to ...

  • increase the sourcing data quality with automated error and outlier detection,
  • reduce tender cycle times by eliminating manual Excel-based analysis,
  • highlight negotiation opportunities on a supplier level for improved savings delivery, and
  • make holistic sourcing decisions that reflect business constraints and requirements.

SAP Store, found at store.sap.com, delivers a simplified and connected digital customer experience for finding, trying, buying and renewing more than 1,800solutions from SAP and its partners. There, customers can find the SAP solutions and SAP-validated solutions they need to grow their business. And foreach purchase made through SAP Store, SAP will plant a tree.

Archlet is a partner in the SAP PartnerEdge® program. As such, it is empowered to build, market and sell software applications that supplement and build on SAP software and technology. The SAP PartnerEdge program provides the enablement tools, benefits and support to facilitate building high-quality, disruptive applications focused on specific business needs – quickly and cost-effectively. The program provides access to all relevant SAP technologies in one simple framework under a single, global contract.

About Archlet

Archlet, a Spend Matters Future 5 Procurement technology provider, is a user-first sourcing software company that helps companies make better sourcing decisions faster by providing best-in-class sourcing, analytics and optimization capabilities. As an official spin-off from ETH Zürich, Archlet combines data science and machine learning capabilities with deep hands-on procurement expertise to rethink strategic sourcing software.  

Archlet empowers pioneering Procurement teams across industries, company sizes and digital maturity to make data driven and holistic sourcing decisions. Clients include PepsiCo, Emmi Group, Deutsche Bahn, Gordon Food Service and many more.

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Any statements in this release that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of1995. All forward-looking statements are subject to various risks and uncertainties described in SAP’s filings with the U.S. Securities and ExchangeCommission, including its most recent annual report on Form 20-F, that could cause actual results to differ materially from expectations. SAP cautions readers not to place undue reliance on these forward-looking statements whichSAP has no obligation to update and which speak only as of their dates.

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 https://www.sap.com/copyright for additional trademark information and notices. All other product and service names mentioned are the trademarks of their respective companies.

For more information, press only:

fabian.lampe@archlet.ch, Hardturmstrasse 132, 8005 Zürich, Switzerland

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Pioneering thoughts on data-driven sourcing