SAP SRM (Supplier Relationship Management) is a SAP product that facilitates the procurement of goods via a web-based platform. Organizations can procure all type of products like direct and indirect material, services and this can be integrated with SAP ERP modules and other non-SAP backend systems for accounting and planning.
Catalog Management
Suppliers can easily manage catalog data and this data can easily be integrated with business processes like accounting, finance and planning.
Procure to Pay Optimization
Using SAP SRP product, you can streamline procure to pay lifecycle and improve communication with supplier and cost management.
Self Service Procurement
End-users can search products using multiple product catalog and helps them to find and purchase product that are compliant with purchase and procurement policy of the company.
Reporting Functionality
Using SAP Supplier Relationship management, you can create reports related to procurement activities, compliance and contract management, and managing costing in procurement process.
Quotation and Live Auction Cockpit