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This eBook will pinpoint the top three pain points associated with current spend management practices and explore how a holistic, AI-driven P2P automation solution can help alleviate them.
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The Next Evolution of Spend ManagementThere are many variables that can complicate how SAP customers manage their spend, such as when significant portions of the workforce are external or when consumers have certain expectations for their travel and expense experience. Having a clear picture of every category of spend — whether that is travel, indirect, direct, or contingent labor and services spend — can help organizations create more collaborate commerce. As spend management has begun evolving toward Intelligent Spend Management where everything is integrated, insightful, and connected, SAP now offers an integrated solution suite for all spend management needs. After reading this article, you will:
- Understand the three pillars of SAP’s integrated approach to Intelligent Spend Management
- Discover the benefits of adopting an Intelligent Spend Management strategy
- Learn how this approach ties together every source and category of spend with one unified view and allows you to apply intelligent technologies and collaborate with your partners outside of your four walls.
Integrate SAP and Spend Management Apps for a 360 Degree View of Your SpendIf your company is like most, you have more than 90 applications in use at any given time, but you don’t have visibility into your data due to lack of integration between your applications. Without integration, you’re blocking vital data from moving across departments -- such as finance, supply chain, spend, customer experience, and human capital management.
SAP and Snaplogic have simplified spend management by providing data integration, business flows, data governance, and analytics around all things spend.
Join the SAPInsider webinar to hear from a panel of experts on how to:
• Integrate data between SAP and non-SAP spend management solutions in minutes, without coding or waiting for IT
• Rapidly Feed data into SAP Data Warehouse Cloud to deliver superior analytics
• Get up-to-date or real-time visibility into every KPI, analyze the data, and take action
You’ll learn how to streamline and optimize your organizational spend by sourcing data from both non-SAP and SAP sources, like Workday and Coupa, in real-time with SnapLogic’s iPaaS Platform.
1 minute read
Spend Analysis and SAP MMA wide range of business processes falls under the SAP MM (Materials Management) module, from purchasing to inventory management. Such an extensive portfolio of business processes also means much data being generated and captured. As SAPinsiders highlighted in our research reports like Process Automation and SAP S/4HANA, as well as in Process Automation in Supply Chain, capturing this data to generate visibility into these processes is critical. However, the crux is not just capturing the data. The value of capturing that data can be realized only through analytics. That is why SAPinsiders indicated a need for focused research on data and analytics in the supply chain. To cater to this interest, SAPinsider will publish a research report, Supply Chain Analytics, and Data Management, in Feb 2023. This article will highlight how one of the analytics technologies covered in the report, spend analytics, can help generate value in SAP MM business processes.
5 minute read
The Future of Intelligent Spend Management for the Public SectorThe pandemic has put the public sector in a pinch. Ever-tightening government budgets require rigorous spend management and AP controls, even as demand for services remains high. Meanwhile, many public sector employees are working remotely, fundamentally shifting a key aspect of spend management and oversight. These challenges are not new, but they have been amplified in this extraordinary environment. With full AI enablement with automated invoice capture to expense and invoice fraud detection capabilities, advanced analytics, and controls on all spend categories, SAP Concur is playing a big role in assisting public sector organizations deliver next-level spend management with maximum transparency and accountability. In this session, leaders from Deloitte will share a practical vision of the future of spend management in the public sector, focusing on leading technology accelerators and process blueprints.
We will examine:
- How to “futureproof” spend management with Concur
- Current best practices in spend management in the public sector – in the time of the pandemic
- How to get more value from spend management transformation based on past customer journeys
1 minute read
