SAP Supplier Relationship Management (SAP SRM) solution accelerates, automates and simplifies procure-to-pay processes for goods and services. With SAP SRM, you can minimize procurement costs, build collaborative supplier relationships, better manage supply bases, and improve your bottom line with innovative offerings and a faster time to market.
Maintaining and coordinating purchasing is crucial in managing supply costs. SAP Supplier Relationship Management software offers the necessary tools to simplify and automate purchasing activities to easily align with specific contract and buying guidelines.
Efficient Sourcing and Purchasing are essential to the success of an organization. SRM Self-Service Procurement provides the functionality to quickly and cost-effectively empowers employees to easily procure goods and services, approve requisitions and minimize risks
SRM is an Operational Sourcing solution which empowers you to quickly receive, request and review procurement bids from numerous suppliers electronically to meet dynamic employee sourcing needs. It helps purchasing team to compare bids, select winning bid and enables creation of follow-on document such as PO or contract.
Efficient Contracting and Purchasing are essential to the success of an organization. SRM Integrated Contract Management provides the functionality to quickly and cost-effectively manage all types of contracts from beginning to end.