on 02-12-2009 6:44 AM
hi experts,
can anybody please explain me about.
1.compliance
2. cost savings
3. time to value in integrated source to pay.
and
procurement system.
1.spend analysis
2.sourcing
3.contract management
4.operational procurement.
5.supplier management.
thanks in advance,
mohammad.
Hi,
Solutions from SAP can help you fully integrate the source-to-pay process to maximize cost savings. By closing the loop between sourcing and procurement, you can sustain savings, reduce operating costs, and ensure compliance with contracts and policies u2013 all key to driving real competitive differentiation.
Gain Complete Transparency
Transparency into procurement activities can help you see how your data can flow from opportunities identified through spend analysis to cost savings captured from strategic sourcing of suppliers. Savings can then be captured as they are locked into contracts and ultimately delivered in the procurement order cycle.
Automate Procurement
With automated operations, you can streamline procurement of all goods and services, eliminate manual tasks, and reduce purchasing errors. Your procurement staff can also make decisions and take action more quickly with simplified and personalized access to key information.
Ensure Compliance with Contracts and Policies
By managing all aspects of the life of a contract, you can ensure compliance with critical contracts, corporate guidelines, and regulatory requirements. Further, you can dynamically link suppliers to your procurement process to ensure transformative collaboration. SAP NetWeaver can help you integrate business partners and enable data sharing across heterogeneous systems within your global supplier network.
You must be a registered user to add a comment. If you've already registered, sign in. Otherwise, register and sign in.
Hi,
Go through the below link,
http://help.sap.com/saphelp_srm70/helpdata/en/74/344c430fab4d0bbc30996d56cc293a/frameset.htm
Hopefully you will get the answers of your all questions.
Regards,
Sachin
You must be a registered user to add a comment. If you've already registered, sign in. Otherwise, register and sign in.
You must be a registered user to add a comment. If you've already registered, sign in. Otherwise, register and sign in.