SRM in bank

[Former Member]

Dear All,

My company is one of the top ten bank of the world. It have operation in 68 different country.We are using SAP 4.7 EE for non banking operation. MM is widely use for procurement of service, asset, cosumable material & for project. We don't have procure material for inventory.

All procurement materials are non-stock material.

Can any body so kind to give some suggestion regarding how SRM can add value to our business process.

Keeping our business in mind, is it advisable for us to implement SRM.

Thanks in advance.

Regards,

Sp sahu

[Former Member · Accepted solution]

Hi Sp sahu ,

SRM in the banking sector is widly used as procurement is not a core competence

of banks. The related scenario for your case is Self Service Procurement within

SRM. There are several advantages with a valid for your company. The usage of

SRM give a more convinient application to shop for products and services. By

standardizing products and services in catalogs - usage of supplier catalogs

and/or marketplaces (outsourcing of this function in your industry is best practise)

- procurement is focused, number of free text items are reduced, invoice control

gets reduced etc. Overall, the headcount can be reduced.

Cheers,

Claudia

[Former Member]

Dear Claudia,

Thank for your kind reply.

Regards,

sp sahu

[Former Member]

Hi

<u>Go through the links for more details -></u>

OSS Note 886261 SAP for Banking in Business Suite 2005

OSS Note 886262 SAP for Banking in Business Suite 2004

http://help.sap.com/saphelp_banking463/helpdata/en/74/9AA43556903266E10000009B38F839/frameset.htm

http://help.sap.com/saphelp_srm50/helpdata/en/96/147925667f11d3a68e0060087a7a74/frameset.htm

http://help.sap.com/saphelp_banking463/helpdata/en/ea/e9b2174c7211d189520000e829fbbd/frameset.htm

Hope this will help.

Regards

- Atul