SAP Supplier Relationship Management (SAP SRM) provides the insight and analysis you need to manage your source-to-pay process. Procurement organizations are given a variety of deployment options for purchase order management and can perform manual requisitioning in SAP SRM and conduct receiving and financial settlement in SAP SRM or the ERP back-end. Plus, by integrating catalog-based requisitioning with the traditional procure-to-pay process, your company can gain the benefits of e-procurement without losing your back-end ERP processes.

SAP SRM provides the resources you need to execute operational activities in the following procurement areas:

• Requisitioning – Create requisitions automatically with SAP ERP through a materials requisition process run, or create them manually with SAP SRM using shopping carts, based on text descriptions, material numbers, or catalog entries.
• Order management – Assign sources of supply, validate restrictions, and perform order generation and tracking.
• Receiving – Capture the process of receiving goods and services to prepare for follow-on processes such as automated financial settlement. Purchasers can use self-service functions in SAP SRM and back-office functions in SAP ERP.
• Financial settlement – Handle financial transactions through SAP SRM and SAP ERP to make financial settlement more efficient by using tools for invoice management, evaluated receipt settlement, and invoice payment.