Streamlining transactions through digital supplier collaboration

Read how you can you streamline transactions with trading partners by integrating SAP Business Network for Procurement with your ERP solution. Download the Document

Improving procurement efficiency by digitalizingtransactionsBy integrating your ERP systems with SAP Business Networkfor Procurement, you can extend the value gained fromyour ERP investment through the automation of your pur-chase order (PO) and invoice transactions. In this way, youcan improve efficiency and free your procurement andaccounts payable teams to focus on problem-solving ratherthan spending time on routine tasks.Connecting your ERP with supplier systemsYou can integrate SAP S/4HANA, the SAP ERP application,or a third-party ERP application with SAP Business Networkfor Procurement. This integration enables you to completetransactions automatically, with key procurement documen-tation sent to and from your suppliers digitally, as shownin the figure. POs are automatically sent to your suppliersfrom your ERP system, while invoices you receive digitallyfrom your suppliers are sent directly to your ERP system.SAP Business Network for ProcurementStreamlining transactionsthrough digital suppliercollaborationFaster time to valuewith native integration toSAP S/4HANA or SAP ERPAutomated workflowswith over 120 business rulesIncreased supplieradoptionwith suppliers able to joinand transact at no costGreater insightswith standardized dataand an auditable trail oftransaction informationEnhanced supplychain resiliencywith the ability to searcha robust community ofglobal suppliers
83986enUS (24/05)© 2024 SAP SE or an SAP affiliate company. All rights reserved.See Legal Notice on www.sap.com/legal-notice for use terms, disclaimers,disclosures, or restrictions related to this material.Achieving faster,smoother transactionsSAP Business Network forProcurement enables you to: Automate processesAchieve operational efficien-cies and standardized,automated workflows. Improve spend visibilityControl costs and gain aholistic view of spend. Access a global networkof trading partnersSearch for new suppliersbased on product category,location, sustainabilitycriteria, and more Enhance regulatory andprocess complianceBenefit from configurablebusiness rules and networkvalidation. Increase suppliercollaborationEnable near-real-timeinformation sharing forincreased assurance ofsupply. Extend the value gainedfrom your ERP investmentGet more from your ERP byextending your processesbeyond the four walls ofyour organization.Learn moreVisit us online or speak to your SAP account executive today to learn how integratingSAP Business Network for Procurement with your ERP solution can help you streamlinetransactions with trading partners.Figure: Integration and workflow collaboration using SAP Business Network for Procurementbest global solution and proven track record to suit our businesstransformation agenda.”Keith Learn, VP Procurement and Supplier Development, Mary Kay Inc.Source: “Cultivating Strong Supplier Relationships with Indirect Spend Visibility” (SAP Online Customer Story)1 / 2Buyer (SAP S/4HANA or SAP ERP)Sends POReceives PO update in ERP systemReceives shipment and tracking detailsSends goods receipt noticeReconciles PO, invoice, and goods receiptSends invoice statusSAPBusinessNetworkReceives POConfirms orderSends advance shipping noticeReceives updated goods receipt statusNetwork validation of invoice Sends invoiceSees invoice and payment statusTrading partner