SAP Spend Management
UPPER HEADLINE
Explore Spend Management Solutions from SAP
Sourcing and Contracts
Improve your financial management by enhancing your direct and indirect procurement, travel and expense, and external workforce and services spending. Gain better control, insights, and cost savings.
- Enhance procurement processes
- Consolidate and categorize all company purchases
- Improve visibility to identify potential savings opportunities
- Standardize source-to-contract procedures
- Achieve material cost savings and optimization
- Enhance speed and efficiency across teams
- Mitigate risk by discovering better suppliers.
Indirect Materials Sourcing
Improve supplier selection, capture savings, and minimise risk with a closed-loop digital process.
Direct Materials Sourcing
Accelerate the time to market, reduce the cost of direct spending, and increase revenue and profits.
Product Sourcing
Help sourcing and commodity management teams create high-value sourcing agreements in automotive and industrial manufacturing.
Contract Management
Reduce administrative and legal costs and speed up contract cycles by transitioning from paper-based processes to digital ones.
Spend Analysis
Gain clear insights into all your spend and suppliers to increase savings, mitigate risks, and improve compliance.
Supplier Discovery
Find new suppliers to drive bids up and costs down with this free buyer-supplier matching service.
Procurement
Revamp the procurement process with improved supplier collaboration and streamlined spend categories to increase efficiency and optimize spending.
- Managing all types of spend
- Enhancing purchasing experience with guided buying
- Enhancing efficiency and cost control
- Breaking down barriers between buyers and suppliers
- Sharing data, gaining insights, and managing workflow
- Automatically adapting to market demands
Procure to pay
Gain control and visibility over all spend-related processes and ensure your negotiated savings translate to your bottom line.
Catalogues
Simplify the purchasing experience for employees by providing validated, enriched, and enterprise-grade content management tools for catalogue content. Accelerate the time to market, reduce the cost of direct spending, and increase revenue and profits.
Procure to order
Automate the entire buying process from procure to order and integrate it with your back-end system, allowing your ERP to handle accounts payable.
Centralized procurement
Reduce costs and increase compliance by accessing a single system for company-wide purchasing processes, without the need to navigate multiple systems.
Invoice and Payment Management
Automate your payable processes to transform invoices into valuable assets and enhance the effectiveness of your working capital management.
- Digitalize invoice capture and approval process
- Enhance control over payables and cash flow
- Maximise early-payment discounts capture
- Mitigate supply chain risks
- Increase free cash flow
- Release working capital.
Invoice management
Unlock the value trapped inside your payables by eliminating exceptions and ensuring compliance.
Supplier Management
Optimize product sourcing by managing lifecycle, performance, and risk in a centralized platform to ensure timely and quality procurement from the right suppliers.
- Focus spending on preferred suppliers
- Combine supplier management with procurement activities
- Utilise a single, consolidated supplier database for management
- Expand risk management efforts across your entire supplier network
Supplier Risk Management
Integrate risk due diligence into the procurement process to help buyers make better decisions. This ensures that risks are identified and managed before any purchases are made, reducing the potential for financial losses or other negative impacts.
Supplier Lifecycle and Performance Management
Manage supplier performance and track the supplier lifecycle by maintaining accurate and up-to-date information in a single supplier record. Use this information to make informed decisions about which suppliers to work with.
External Workforce and Services
Improve business results with a unified platform that allows you to discover, interact with, and oversee your worldwide external workforce.
- Streamline Procurement of External Workers and Services
- Increase Visibility and Track Work Quality
- Strengthen External Workforce and Talent Ecosystem
- Utilise Analytics and Machine Learning to Manage Top Talent
- Maintain Comprehensive Records of External Workers
- Simplify Onboarding, Management, and Payment of Multiple Resources.
Comprehensive external workforce management
Achieve end-to-end automation of your global external workforce procurement process, along with enhanced visibility, engagement, and management using a single cloud-based platform.
One master record for all global external workers
Keep a standardized record of all global external workforce in one place, allowing efficient management and tracking of the entire workforce.
Global SOW-based services provider management
Simplify your project management process with external service providers by streamlining the initiation, engagement, management, and completion of the project.
Centralized management of all workers
Efficiently onboard multiple external workers, assign them to one or more job orders, and integrate their service entry sheet with your ERP for streamlined management.
Travel and Expense
Achieve Total Visibility and Control by Connecting Travel, Expense, and Invoice Management.
- Automate and streamline spending processes to save time
- View all expenses in one place for easy tracking and analysis
- Submit and approve expense reports from any location
- Simplify business travel for employees
- Integrate vendor invoice processes into the system for better management
- Ensure timely payments to vendors.
Expense Management
Automate the process of managing expenses to gain greater control over spending, regardless of where it occurs.
Travel Management
Simplify business travel management by enabling employees to book their travel independently while staying within spending policies and accessing the best rates.
Invoice Management
Automate accounts payable management to increase efficiency, profitability, and visibility into spending.
Midsize and Growing Companies
Address Spend Management Challenges with Individual SAP Solutions.
- Gain visibility and control over spending
- Identify new supplier sources to minimise risk
- Simplify contract management and approval processes
- Direct users towards appropriate suppliers with guided buying
- Eliminate invoicing exceptions and discrepancies
- Enhance cash flow and optimise working capital management.
Indirect materials sourcing
Source and negotiate with ease by accessing a global network of suppliers and using leading technology.
Contract management
Centralize contract storage, automate contract lifecycle, and boost compliance.
Goods and services procurement
Simplify procurement and control spending using preconfigured solutions.
Supplier lifecycle management
Quickly onboard and qualify suppliers, ensure updated information, and direct users towards preferred suppliers.
Supplier risk management
Mitigate supply chain risk by including risk assessment and due diligence in procurement.
Services procurement
Maximize business value by managing services procurement and automating the service engagement lifecycle with a cloud solution.
