SAP SRM: Software for Managing Spend for Continuous Profitability
Faced with the business demand for sustained profitability, companies of all sizes are looking to sourcing and procurement - and the bottom-line advantage of managing supplier spend. If you can reduce the cost of purchased goods and services, you can boost profitability - without increasing sales or sacrificing quality.
With the SAP Supplier Relationship Management (SAP SRM) application, you can simplify and automate procurement. The SAP SRM application integrates strategic practices for supplier qualification, negotiation, and contract management more tightly and cost-effectively with other enterprise functions and their suppliers' processes - through a single analytical framework and support for multichannel supplier enablement.
The SAP SRM application is designed as a long-term foundation to secure the cost and quality advantages of center-led purchasing and broadened supplier involvement for enduring value and long-term results. If you are seeking a low-risk way to prove the value of e-sourcing before investing in the SAP SRM application, you can use a hosted version of the SRM sourcing software for a temporary period.
With SAP SRM, you get a supplier relationship management software application designed to achieve sustainable savings, value-generating supplier relationships, and faster business innovation. To see exactly how the SAP SRM application can add value to your company, view the SAP Business Maps.
A Fast On-Ramp for E-Sourcing
SAP solutions for e-sourcing are easy-to-use, hosted, Web-based solutions. You can use these e-sourcing options to quickly deploy the solution that best meets your needs to help enable procurement transformation.
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