Spend management solutions
Manage every source of spend, across categories, for one unified view
Spend management solutions from SAP give you the ability to make fast, intelligent decisions to help keep your business moving forward.
Direct and indirect spending. External services and contingent labor. Travel and expense. How do you coordinate and control diverse types of spending, across categories, systems and channels? Watch to learn more.
How spend management solutions from SAP stack up
Shifting from traditional, disconnected ways of managing spend to intelligent spend management can lead to powerful outcomes, starting with invoice processing:
- 10x the invoice processing power with 99% of exceptions removed
- 80% reduction in the average cost of processing an invoice
- 0.3 days requisition-to-order cycle time
- 75% reduction in invoice processing time
- 1.5 days invoice-to-payment cycle times
For more information, please refer to the following sources:
Spend management solutions from SAP give you visibility and control across more categories
Direct and Indirect
Digitalize and simplify your source-to-pay processes end-to-end, control spending on direct and indirect materials, find new sources of savings, and build a healthy supply chain.
External Services and Contingent Workers
Manage your external workforce and services providers throughout the entire lifecycle: from on-boarding and invoicing, to milestones and project delivery, to secure off-boarding and quality review.
Travel & Expense
Capture and collect travel and expense data from virtually any purchase – so you can automate mundane tasks, deliver best-in-class user experiences, and make better business decisions.
Together, SAP Ariba and SAP Concur solutions provide superior management of all indirect spend and employee travel and expenses, helping us achieve better visibility into total company expenditures.
Indirect Procurement Manager, Eastern European Region, Danfoss A/S
The benefits were quite simple really. They were associated with using our strategic suppliers and making sure we obtained authorization before commitment to spend. Those were the two drivers of the £10 million a year in benefits that we achieved.
Partner, Deloitte MCS Limited
By replacing SAP SRM with a portfolio of SAP Ariba solutions, we’ve transformedprocurement from a reactive processing role to one of proactively controlling and guiding,thanks to uniform and transparent data.
Strategic Supply Chain Project Manager, Swisscom AG