SAP Supplier Relationship Management
Purchasing is increasingly becoming a strategic factor for companies and they need to be able to quickly and flexibly adapt any related business processes. Operational procurement processes and supplier relationships have undergone major changes due to the acceleration of globalization. While in the past it was all about cutting purchasing costs, nowadays companies are increasingly focusing on driving innovation and performance and integrating more closely with their suppliers. But to achieve this, they need an integrated data and process infrastructure that spans across the enterprise and is seamlessly supported by IT systems. And SAP Supplier Relationship Management (SRM) is the perfect solution for this.
SAP SRM comes with a host of features to support and streamline business activities in the fields of procurement and supplier relationship management. Customers rely on SAP Supplier Relationship Management (SAP SRM) to optimize their purchasing strategy, collaborate more efficiently with their suppliers, and create a win-win situation for everyone involved.
SAP SRM enables you to optimize your key procurement processes, your purchasing, and your contract management. It facilitates collaboration with suppliers and helps customers accelerate their supplier management and optimize their entire procurement process.
Going beyond the purely functional aspects, SAP SRM helps companies ensure compliance, reduce risks, and get more value from procurement.