Maintaining and coordinating purchasing is crucial in managing supply costs. SAP Supplier Relationship Management software offers the necessary tools to simplify and automate purchasing activities to easily align with specific contract and buying guidelines.
SRM Self-Service Procurement
Streamlined purchasing and sourcing are essential to the success of an organization. SRM Self-Service Procurement provides the functionality to quickly and cost-effectively enable employees to easily procure goods and services, approve requisitions, and reduce risks.
- Access and browse from online catalogs
- Manager approves shopping cart
- Create, process, and monitor confirmations
- Request goods via shopping cart
- Create, process, and monitor purchase orders
- Process accounts payable invoices
SRM An Operational Sourcing
SRM An Operational Sourcing solution enables you to quickly request, receive, and review procurement bids from multiple suppliers electronically to meet dynamic employee sourcing needs. It helps purchasing team to compare bids, select winning bid and enables creation of follow-on document such as PO or contract.
- Issue request for quotation (RFQ)
- Submit quotation & bid response
- Select quotation and award bid winner
- Generate an operational report and analyze key performance metrics
- Confirm participation
- Compare bids
- Create follow-on documents
- Approve purchase requisition/shopping cart
SRM Integrated Contract Management
Streamlined purchasing and contracting are essential to the success of an organization. SRM Integrated Contract Management provides the functionality to quickly and cost-effectively manage all types of contracts from beginning to end.
- Create or update Master Agreement and Contract Document
- Complete or create on operational Central Contract
- Use Central Contract conditions in each back-end system
- Negotiate and approve Master Agreement
- Create distributed an operational Central Contract in ERP
- Monitor expiring contracts
- Publish Master Agreement
- Request goods via purchase requisition and or shopping carts
Contact us today to schedule a complimentary demonstration!