Knowledge quiz

It’s time to put what you’ve learned to the test, get 7 questions right to pass this unit.

Which of the following is the primary goal of SAP Ariba's source-to-pay process?

Choose the correct answer.

Improve supplier profitability

Manage supplier branding

Enhance efficiency and collaboration

Reduce contract duration

Which of the following are key features of SAP Ariba for managing the procurement process for direct spend?

There are three correct answers.

Integration with Bill of Materials (BOMs) and supplier collaboration

Providing a user-friendly interface for non-procurement professionals

Automating invoice reconciliation and reducing manual errors

Ensuring real-time updates and transparency in order processing

Enabling maverick spend for flexibility in purchasing

Which of the following is a key benefit of using SAP Ariba for managing indirect spend?

Choose the correct answer.

Real-time visibility into supplier performance for direct spend management

Streamlining the acquisition of non-production related goods and services, such as office supplies and professional services

Synchronizing Bill of Materials (BOMs) with procurement for accelerated product development

Managing complex sourcing projects directly from multilevel BOMs

Which functionality is unique to SAP Ariba Guided Sourcing compared to classic sourcing?

Choose the correct answer.

Exporting reports in PDF and Excel formats

Creating and linking sourcing projects to templates

Starting a new round of bidding with selected suppliers and line items

Enforcing compliance with procurement policies

What is a key feature of SAP Ariba Guided Sourcing demonstrated in the video?

Choose the correct answer.

Manual entry of all supplier data into the system

Automated recommendations using machine learning for event content and participants

Exclusive support for single-round bidding processes

Lack of integration with predecessor projects

What is a key benefit of SAP Ariba’s pre-sales to post-sales integration and value realization?

Choose the correct answer.

It eliminates the need for ongoing supplier performance reviews after implementation.

It focuses solely on the operational purchasing phase of the procurement process.

It provides a closed-loop feedback cycle to align procurement with business objectives and market conditions.

It operates independently of other ERP systems, such as SAP S/4HANA.

What strategic benefit does the integration of SAP Ariba Contracts with Icertis Contract Intelligence (ICI) provide?

Choose the correct answer.

It focuses on procurement capabilities.

It enables organizations to streamline contract lifecycle processes.

It replaces compliance and risk assessment entirely.

It automates all business operations without oversight.

What is one primary advantage of integrating SAP Ariba Contracts with Icertis Contract Intelligence (ICI)?

Choose the correct answer.

It eliminates the need for contract approvals.

It automates procurement capabilities exclusively.

It enhances real-time monitoring and risk assessment.

It provides manual contract drafting tools.