![]() ![]() SAP Ariba (Overcoming the Principal-agent Problem)Īlso known as the agency problem, the principal-agent problem refers to a conflict of interest that can occur when an agent acts on behalf of an organization. In the following sections, we’ll discuss the SAP Ariba tools that help businesses overcome these challenges. The main considerations and challenges for the procurement process include the following: the principal-agent problem, demand planning, suppliers, purchase agreements, consumption of goods, invoicing, and analysis. SAP Ariba Overcomes These Procurement ChallengesĪs with any process, procurement’s complexity arises in the steps and details. ![]() In this blog post, we’ll cover the basics. Our objective is to be your independent, third-party partner of choice to assist and support you in strengthening your business, protecting your brand, maintaining your competitiveness, whilst increasing customer satisfaction through identifying and supporting opportunities for improvement.SAP Ariba offers a comprehensive array of tools and solutions to cover core procurement activities and challenges. Highly experienced in auditing, coaching, data analytics, and advanced reporting solutions, we currently provide services and software tools to global manufacturers across Europe, in the Middle East, and beyond. Working together to achieve common objectives whilst providing innovative improvements and suggestions. We pride ourselves on providing a hands-on, always-premium service, working closely with our customers to ensure we are much more than just a business partner, we are an extension of their team. It is also the location of the group’s Head Office. ![]() European Customer Solutions Limited is our UK company, and where ECS was founded. The ECS Group is a multinational organisation consisting of five companies. ![]()
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