Today’s Chief Procurement Officer is responsible for optimizing the entire procure-to-pay function to reduce expenses while boosting efficiencies.
What gets in their way? Poor visibility into spend, limited management of suppliers, manual sourcing processes, ineffective compliance, and inefficient invoicing. Equally challenging are limited tools for contracts management and maverick buying of materials and services.
Read on to explore how SAP can help you overcome these challenges and achieve procure-to-pay excellence.
By automating, simplifying and accelerating procure-to-pay processes for good and services, SAP’s Supplier Relationship Management (SAP SRM) helps you cut costs and save money.
It can help you reduce procurement costs, build collaborative supplier relationships, better manage supply bases, and improve your bottom line with innovative offerings and a faster time to market.
SAP’s partner ecosystem can arm you with the tools you need to negotiate with suppliers more effectively and efficiently; build a knowledge base of best practices; and better leverage your SAP solutions to manage your global supplier networks.
To discuss how SAP can help your organisation achieve procure-to-pay excellence, please get in touch.