Electronic invoice submission will result in timely payments and reduce delays due to invoices getting lost or being received via manual methods.The move to a digital platform increases visibility to orders, enables invoice submission and tracking of invoice status.Contract negotiations will be directly communicated and submitted via Ariba. The solution supports end-to-end process management, from product specification, to sourcing and then contract management.Sourcing solution is implemented for all spend categories and all events will be launched via Ariba.With the transition to a digital platform, all suppliers are required to transact with MSD on the Ariba Network.Key Messages for Suppliers on use of the Ariba Network This will enable important changes and benefits for our partnership. We are pleased to announce that we decided to implement a program to transform our processes through a new partnership with SAP Ariba. At MSD, we are committed to providing leading innovations and solutions as a premier, research-intensive biopharmaceutical company and continue to drive improved sourcing, procurement, and accounts payable processes across our business.
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