Procurement Continues Its Transformation

Invoice Management: Managing invoices often involves lots of manual work that drains your internal and supplier resources. With SAP’s invoice management solutions you can bring invoices into the system from any source; classify, route and sort invoices automatically; receive both provisional and differential invoices for fluctuating commodities; automate taxation and reporting to support corporate financial requirements and trade regulations; support a rigorous process to help ensure compliance based on integrated, consolidated information and enhanced reporting features

Supplier Management: Many companies are deploying supplier management solutions that deliver a 360-degree view of supplier profile, performance and risk information to address such needs as better visibility into and connectivity with your supply base. SAP’s solutions enable users to take a global and category-based approach to managing supplier relationships, leveraging their own corporate data as well as networked information. This enables a proactive approach to performance management as a result of visibility into your top-tier suppliers and their suppliers. Users can also better enforce their corporate sustainability efforts and avoid potential supply disruptions.

Solution delivery options

SAP offers integrated solutions, flexible deployment options, and value-added services and support for best practices to help you achieve procurement transformation—and to do so in a way that maximizes your return on investment. SAP solutions are available in the cloud as on-demand solutions, as well as being available in a hosted environment or on premise. Users can choose a hybrid approach and utilize a mix of these offerings while still benefiting from integrated process support.

Total cost is well-managed via SAP Rapid Deployment solutions, and through SAP’s application enhancement approach. And, several solutions are available on-the-go through apps for your mobile workforce, and these are expandable through partner solutions built specifically to work with SAP procurement solutions.

Transform your organization today

With the portfolio of procurement applications from SAP, you can transform your organization to drive sourcing excellence, achieve procurement compliance, increase profitability and streamline your source-to-pay processes. SAP’s solutions help you work with your suppliers to achieve aligned goals; drive smart decisions using informed spend analytics and sourcing; adjust your purchasing according to economic and political influences; and operate better for gained efficiency and reduced costs through streamlined procurement.

As you achieve greater levels of transformation, your procurement organization can play an increasingly strategic role within your business—driving change and leading the way to achieving corporate goals through collaboration, business intelligence, and performance management.