Faced with the business demand for sustained profitability, is your company looking to procurement to gain the bottom-line advantage of managing supplier spend. In addition to managing cost, procurement groups must also focus on improving transparency and compliance, developing a qualified supply base, and engaging more strategically with suppliers.

The SAP Supplier Relationship Management application (SAP SRM) provides strategic value through sustainable cost savings, contract compliance, and quick time-to-value. Your company is equipped with tools to drive superior results through an end-to-end source-to-pay process. Activities such as spend analysis, requisitioning, sourcing, operational contracts, invoicing, and supplier management are part of an integrated platform.

SAP SRM helps you optimize procurement operations with an integrated, scalable platform and business user interface that enables the full source-to-pay process. To see exactly how SAP SRM can add value to your company, view the SAP Business Maps.

Building on the Core SRM Functionality

Leverage the following solutions to build on your core supplier relationship management functionality:

• SAP E-Sourcing application -- A comprehensive, fast, flexible application for sustainable sourcing
• SAP E-Sourcing on-demand solution -- A preconfigured solution for rapid and reliable sourcing
• SAP Spend Analytics -- A total solution to help your company aggregate, normalize, classify, and enrich spend data through easy-to-use, flexible analytics
• SAP Contract Lifecycle Management -- An application that supports proactive management of the contract life cycle for all contract types
• SAP Cost and Quotation Management -- An application that aligns the disparate functions of design, sourcing, and costing to enable profitable decision making

Procurement Business Process Outsourcing

More and more, organizations opting for business process outsourcing (BPO) are turning to providers whose services are powered by SAP solutions. Learn how you can generate sustainable business value and dramatically lower costs and BPO risk with BPO-specific process solutions.