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SAP SRM

Name: SAP SRM
Rating: 4.5 (2 reviews)

By SAP

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Highlights : About SAP SRM

Services Procurement for Large, Complex Services

Operational and Centralized Sourcing

Centralized Contract Management

About SAP SRM

SAP SRM is a supplier relationship management system that enables companies to improve their procure-to-pay process flow by simplifying, automating, and centralizing all processes. This SRM solution takes care of the whole e-procurement cycle from start to finish. You do not have to worry about your source- and purchase-to-pay to spend and supplier performance management as SAP SRM accelerates your operations, helps you achieve and remain in compliance with contracts and purchasing policies, and significantly enhance your overall spend management. With SAP SRM, your company is able to implement procure-to-pay best practices that expedite operations, simplifies your communications your suppliers, and makes your overall cost management much easier. The software is also loaded with powerful tools and capabilities including catalog management, centralized contract management, self-service and plan-driven procurement, operational reporting, and more.

Specifications

24/7 Support

Yes

Business Size

Mid-Market

Deployments

Cloud

Language Support

English

Platforms

Product Details

Features

Procure-to-Pay Optimization

Self-Service Procurement

Services Procurement for Large, Complex Services

Centralized Contract Management

Workforce Mobility

Catalog Management

Plan-Driven Procurement

Operational and Centralized Sourcing

Operational Reporting

Benefits

Perfect solution to help you manage your suppliers

SAP Supplier Relationship Management (SRM) is a perfect solution to help you manage your suppliers, take care of your contracts, speed up your procurement processes, and more. With SAP SRM, you can maintain high-quality output while being able to keep your supply costs down. This ultra-efficient SRM platform enables you to streamline and standardize the acquisition of goods and services while allowing you to close the loop from source to pay, thus effectively reducing procurement expenses.

Unique methods to help you coordinate and facilitate your business processes

SAP Supplier Relationship Management (SAP SRM) gives you unique methods to help you coordinate and facilitate your business processes with your key suppliers and dramatically improve their effectiveness. With SAP SRM, you are able to fully optimize your procurement methods, to work more effectively with your supplier pool, and thus to get much more from all your relationships with your suppliers.

SAP SRM helps you evaluate and predict purchasing behavior

Cut down procurement cycles, and engage your partners in real time. The system enables you to create and foster long-term partnerships with all your suppliers who have proven themselves to be very reliable and valuable to your business.

Bolsters your organization’s efficiency

The SRM solution bolsters your organization’s efficiency by automating operational processes to increase efficiency while taking maverick buying out of the equation. Consumer grade shopping interfaces make it easy for users to adopt the system and make it work for them. Companies love how SAP SRM helps them achieve greater visibility into supplier relationships and performance as well as expedite procurement processing and cycle times.

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