Frequently asked questions: Tap the power of advanced analytics with SAP Spend Control Tower

Get answers to common questions about SAP Spend Control Tower, SAP's new, next-generation analytics solution designed to give companies faster, better visibility into enterprise-wide spend data. Dokumentum letöltése

PUBLICFrequently asked questionsTap the power of advanced analytics with SAP SpendControl TowerTopic: SAP Spend Control Tower solutionDate: 3 June 2024
© 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. 2 / 6What is the SAP SpendControl Tower solution?OVERVIEW AND BENEFITSSAP Spend Control Tower is SAP’s new, next-generation analytics solutiondesigned to give companies faster, better visibility into enterprise-widespend data. Built on SAP Business Technology Platform (SAP BTP) providing a strong foundation for rapid innovation the new solutionquickly captures and transforms data from multiple source systems intorelevant information you can see all in one place. Automated connectorsexpedite integration with SAP ERP, streamlining data extraction, cleansing,enrichment, mapping, and more, with support for uploads from non-SAPsystems as well. A sleek and modern user interface powered by SAPAnalytics Cloud streamlines tasks and workflows, allowing you to completeeven complex analyses with simplicity and speed. The solution alsoincludes a new AI/machine learning (ML) model for spend categorizationbased on United Nations Standard Product and Service Code (UNSPSC)version 25 as well as supplier enrichment from Dun & Bradstreet (D&B). Theunderlying data model is delivered through the procurement datawarehouse capability, which is built with data lake architecture using SAPS/4HANA, SAP BTP, and SAP Analytics Cloud.What are some of thecurrent and plannedcapabilities for SAP SpendControl Tower?The table below shows functionality highlights for the initial release of SAPSpend Control Tower as well as capabilities planned for future releases(subject to change):Capability Initial Release PlannedAutomated Data IngestionSAP Concur Reference DataFlat File Data IngestionStandard SAP Analytics Cloud DashboardsReference Spend Information from SAP FieldglassSolutionsPricing DashboardsDiversity Dashboards with D&B DataExpanded Diversity Data Model for Third-Party DataImportSAP Sustainability Footprint Management SolutionIntegration and Scope 3 Emission Dashboard
© 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. 3 / 6Capability Initial Release PlannedSpend Classification UNSPSCSpend Classification CustomSupplier EnrichmentIndustrial Benchmarks and Performance DashboardAdvanced Opportunity AnalyzerIntegration to SAP Ariba Category ManagementSolutionAdditional AI Content Forecasting, FraudDetectionHow does SAP SpendControl Tower differ fromthe SAP Ariba SpendAnalysis solution?Like SAP Ariba Spend Analysis, SAP Spend Control Tower addresses theproblem of visibility into total spend across the enterprise, yet goes wellbeyond that in myriad ways. The solutions advanced, versatile platformsupports accelerated innovation across business functions, giving you quickaccess to the latest developments and functionality. It provides a highlyintuitive and engaging user interface driven by SAP Analytics Cloud as wellas new AI/ML models based on advanced algorithms for spend classified toUNSPSC version 25 taxonomy. Additional dashboards showing externalsupplier diversity data, sustainability performance in relation to your spend,global industry benchmarks and comparisons, deeper analysis of spend-related data from SAP Concur solutions, opportunity recommendations,pricing variation analyses, and more are planned for future releases. Theincorporation of new data science and AI-driven features covering fraudpatterns, anomaly identification, and forecasting is also planned, helping tostreamline data synthesis and analysis and enable your procurementorganization to make informed decisions more quickly and efficiently.Does SAP Spend ControlTower support AribaClassification Taxonomy(ACT) codes?No, the solution does not require or support ACT codes. SAP Spend ControlTower uses UNSPSC version 25 or custom commodity codes.Does SAP Spend ControlTower include analytics ondiversity and green data?Yes. SAP Spend Control Tower currently supports analytics on diversity andgreen data in a way similar to what is offered in SAP Ariba Spend Analysis,with the data available for you to add to custom reports. Preconfigureddashboards for these areas along with additional related data are plannedfor a later release.