SAP SRM provides companies with the tools to drive superior results through an end-to-end procurement process. Activities such as spend analysis, category management, requisitioning, sourcing, contract life-cycle management, invoicing, and supplier management, are part of an integrated platform.

SAP SRM enables your organization to achieve the following business benefits:

• Sustainable cost savings – SAP SRM enables tight process integration. As a result, companies are able to achieve a closed loop from source-to-pay. Aggregating spend in a single platform leads to optimized spend and supplier relationship management.
• Contract compliance – SAP SRM provides visibility into enterprise expenditures and enables the procurement organization to effectively demonstrate that spending activities, contracts, and supplier interactions adhere to corporate guidelines.
• Competitive advantage – SAP SRM gives you the tools to partner with key suppliers to differentiate in your market, define your supplier management approach, and determine the key metrics that are used to determine supplier success.