Speed reconciliation and dispute resolution.Exchange purchase orders, invoices and payments - all in a fast, secure, electronic environment.Using the service, buyers and sellers can: Leveraging SAP Ariba market-leading cloud-based solutions and business network, AribaPay automates transactions and delivers rich remittance information to improve billing and settlement between companies. "We can help buyers and suppliers complete the procure-to-pay process faster, easier and with greater visibility."ĪribaPay will bring together the best of First Data and SAP Ariba solutions to make the procure-to-pay process seamless. "In combining First Data's trusted global payments infrastructure with the unique insights and information-sharing capability of the Ariba Network, our companies can turn antiquated payment methods on their head," said Frank Bisignano, chairman and CEO, First Data. An innovative electronic payment solution delivered through the Ariba® Network, AribaPay enables companies of all sizes to complete B2B payments with the same simplicity, reliability and security that consumers do. 20, 2016 /PRNewswire/ - SAP SE (NYSE: SAP) and First Data (NYSE: FDC) today announced plans to eliminate the complexity from business-to-business (B2B) payments with the rollout of the AribaPay™ solution across Europe and Latin America.
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