Digital Innovation in Sourcing and Procurement

Digital Innovation in Sourcing and Procurement

SAP S/4HANA Delivers New Processes, Embedded Analytics, and Advanced Global Search

Reading time: 6 mins

Supplier relationships play a major role in determining an organization’s bottom line, and when suppliers are not performing at an optimal level, businesses need to know immediately or risk losses. Procurement professionals, many of whom have to deal with an ever-increasing volume of suppliers and contracts, face a growing burden in managing these supplier relationships. In order to ensure supplier success, organizations need real-time insights into spend, contracts, and evaluations. SAP S/4HANA Sourcing and Procurement can provide these insights. In this article, learn how leveraging SAP S/4HANA for procurement and sourcing processes can provide instant insight, advanced analytics, and an efficient approach to keeping track of suppliers.

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