By integrating with SAP Ariba solutions, Purchasing Co-Pilot from knooing GmbH delivers – based on a unique Knowledge Base – a new way of detecting spend optimization potentials in the supplier selection and finding the best fitting software for individual requirements.
Munich — 01.09.2023 — knooing GmbH today announced that its Purchasing Co-Pilot is now available on SAP® Store, the online marketplace for SAP and partner offerings. Purchasing Co-Pilot integrates with SAP Ariba solutions to help customers make more informed software sourcing decisions faster.
“Integrated with SAP Ariba solutions, Purchasing Co-Pilot can make your Sourcing Process faster and improve operational efficiencies,” said Carsten Hochschon, CEO and Founder of knooing GmbH.
“By using AI and our extensive Knowledge Base, we’re able to enrich supplier and software data automatically and make it usable for free text search-requests. Thereby our solution not only checks your own data for fitting solutions but also compares the external market, giving you the opportunity to save time and optimize spend.”
The Munich based company developed and optimized the Purchasing Co-Pilot over the last few years to give companies with a large supplier portfolio a tool that can enrich and work with great data sets during their SAP Ariba journey.
“Our customers find our Matching Matrix especially beneficial to make an informed and unbiased decision in their Procurement Process.” Hochschon explains, “Every requirement extracted from your Sourcing request is checked against your solutions stored in SAP Ariba solutions and compared with the Market offerings in a clear and structured overview. That way you always have full transparency and accessible knowledge about the potential of your own suppliers and what the best fitting solution is.”
The Purchasing Co-Pilot can be used for any system and industry.
Customers can also add their individual use cases for the different solutions to store their knowledge at one central point of information. Optionally, they can submit ratings for solutions and suppliers as well.
SAP Store, found at store.sap.com, delivers a simplified and connected digital customer experience for finding, trying, buying and renewing more than 2,300 solutions from SAP and its partners. There, customers can find the SAP solutions and SAP-validated solutions they need to grow their business. And for each purchase made through SAP Store, SAP will plant a tree.
knooing GmbH is a partner in the SAP PartnerEdge® program. 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.
About knooing GmbH
By developing the vendor independent and neutral Purchasing Co-Pilot, knooing uses artificial intelligence to find best-fitting suppliers and software for requests of corporations and large enterprises. knooing’s mission is to simplify and accelerate the Supplier Sourcing and Selection and detect spend saving potentials. This is achieved by knooing’s unique Knowledge Base and comparing existing solutions within company systems and the entire market. IT and software products are intelligently and anonymously matched and compared with individual requirements. knooing stands for Sourcing innovation and quality in the entire Source-to-Pay Process. For more information about knooing, visit our website at www.knooing.com.
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