Eltizam Asset Management Group said it has successfully rolled out the next-generation end-to-end procurement solution SAP Ariba as part of its intensified and wide-ranging automation, operational efficiency and digital transformation efforts.
One of the leading physical asset management companies in the UAE, Eltizam said the deployment of the highly accessible cloud-based solution will help modernize and take to the next level its core procurement and finance processes and operations.
Eltizam’s selection of SAP Ariba was based on the platform’s reliability, industry stature and track record.
The company joins an astounding network of 2.7 million companies and 1.4 million users worldwide that have been utilizing and enjoying the benefits of the system to date, said top official.
"Our intention of implementing SAP Ariba is to keep up with the digital transformation and reach to international vendors as we continue to expand as a company. Adoption of technology is an important part of our mission as a business organization as technology is one of the six important pillars of our company’s culture, which we call Get Wonky," remarked its CEO Chris Roberts.
"This latest development shows that we are not slowing down in our efforts to harness the power of relevant technological innovations to create amazing opportunities for success," he added.
SAP Ariba, the world’s largest B2B trading platform, was implemented across Eltizam’s business units by its subsidiary, Tamouh Integrated Business Services (TIBS), which operates across the UAE and Mena region.
Seeking to accelerate business transactions and promote seamless procurement transactions, TIBS provides its clients with specialized business solutions, with emphasis on system automation and process efficiency.
By transitioning to SAP Ariba, Eltizam said it can better manage, evaluate, and approve all proposals submitted by vendors or suppliers across various locations.