sap srm features

7/30/2019 SAP SRM Features

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SAP - SRM

Overview

Today many companies are looking at their procurement operation as profit centers. Forward-looking companies, like

these, are strengthening supplier relationships and making procurement a more strategic partner in the organization.

As part of the SAP Business Suite family of business applications, SAP SRM delivers the tools needed to take that next

step by automating the goods and services procure-to-pay processes and extending the value delivered by SAP

Business Suite.

Procurement Business Process Outsourcing

More and more, organizations opting for business process outsourcing (BPO) are turning to providers whose services

are powered by SAP applications. Learn how you can generate sustainable business value and dramatically lower costs

and BPO risk with BPO-specific process solutions.

SAP SRM Features Include:

Procure to pay – Perform the operational activities of procurement, including self-service, plan-driven and services

procurement. Integrate catalog-based requisitioning with traditional procure-to-pay process gaining the benefits of e-

procurement without losing back-end enterprise resource planning processes.

Catalog management – Deeply integrated repositories manage catalog data as master data in a repository.

Centralized sourcing – Gain a faster and more efficient savings capture through increased visibility into the demand for

goods and services from multiple back-end systems, aggregate spend and streamline bidding processes and

collaboration with suppliers. Realize a greater value through better business planning, improved supplier qualification

and more efficient supplier negotiation.

Centralized contract management – Consolidate contract information across multiple systems and regions, distribute

contract usage, ensure optimal contract selection and pricing and track compliance and savings realization.

Supplier collaboration –

Use the supplier portal to link suppliers to your purchasing processes. Collaborate more

effectively with suppliers in supplier-facing processes by choosing the optimal interaction channel for business

processes and documents.



Supplier evaluation – Manage your suppliers and reduce risk through supplier scorecarding.

Procure to Pay

Gain the insight and analysis required to better manage source-to-pay process with SAP® SRM. With Procure to Pay

you will have a variety of deployment options for purchase order management, can perform manual requisitioning in

SAP SRM and conduct receiving and financial settlement in SAP SRM or the ERP back-end. Also, gain the benefits of e-

procurement without losing back-end ERP processes by integrating catalog-based requisitioning with the traditional

procure-to-pay process.

Key Functionality Includes:

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 – Perform order generation and tracking including assigning sources of supply and validating

restrictions.

Receiving – Prepare for processes such as automated financial settlement by capturing the process of receiving goods

and services. Self-service functions in SAP SRM allow purchasers to use back-office functions in SAP ERP.

Financial settlement – Use tools for invoice management, evaluated receipt settlement and invoice payment to better

handle financial transactions through SAP SRM and SAP ERP.

Centralized Sourcing

SAP® SRM expands the role of procurement to the next level of added value in the complete purchasing cycle by

enabling companies to automate sourcing processes. Provide better visibility into the demand for sourceable goods

and services from multiple back-end systems with Centralized Sourcing. The application also aggregates spend and

streamlines the bidding processes and enables collaboration with suppliers for faster and increased savings capture.


Supplier qualification – Identify and qualify new suppliers. Perform continuous evaluations and select preferred

suppliers for particular products and categories with SAP SRM. The application provides support for demand and

market analysis, specification development and approved-vendor list management.

Supplier negotiation – Evaluate suppliers and select the right supplier for a given product or service. With SAP SRM

companies can use auction and bidding techniques for event preparation, requests for quotation and reverse auctions.

Bid evaluation and awarding –

Perform robust bid evaluation, including weighted score analysis. Use side-by-sidecomparisons of bids to evaluate proposals and evaluate them based on price as well as delivery times, experience with

the supplier, dependability and ability to deliver.

Centralized Contract Management

SAP® SRM provides access to all contracts through a secure repository, enabling procurement to monitor, identify and

reduce maverick buying. SAP SRM can also act as a centralized warehouse for all operational procurement contracts,

when integrated with the SAP ERP application.



SAP SRM evaluates requirements and identifies the optimal contract to fill a specified need, taking into consideration

such factors as price, delivery time and location. It also has the capability to account for multiple types of discounts,

such as value discounts, quantity-based stepladder discounts, group discounts or rebates based on aggregated

released values.


Contract creation – Generate an operational contract from a bidding event, renewal or net new opportunity. The

application utilizes an easy wizard interface to perform mass updates and appending of contracts based on a winning

bid.

Contract execution – Achieve realized savings through the use of contracts as a "source of supply" across SAP SRM and

one or more integrated back-end systems, track contract usage and drive compliance to negotiated terms.

Contract monitoring – Use configurable alerts to track contract performance and compliance to agreed-upon terms

and conditions.

Supplier Collaboration

Link suppliers to your purchasing processes through the supplier portal in SAP® SRM. With the application companies

have the ability to choose the optimal interaction channel for numerous business processes and documents and can

collaborate more effectively with suppliers in supplier-facing processes.


Document exchange – Exchange any document, internally and externally, in any format seamlessly across the various

systems through general-purpose adapters that facilitate messaging between SAP and non-SAP systems.

Supplier portal management – Use content provided by a suite of Web-enabled services to give suppliers direct access

to their customers' SAP and non-SAP applications. Utilize the SAP supplier portal for collaboration to provide pre-

assembled content.

Supplier collaboration – Make integration with suppliers of all sizes economical and easy to manage by collaborating

with suppliers throughout the life cycle. Suppliers can access supply-side transactions and other relevant information

and update their catalog data, process acknowledgements, track payment status, suggest changes to orders and

receive information on inventory and supply-and-demand plans with SAP SRM's supplier self-services.

sap srm features

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