Every day, the purchasing management increasingly deals with vendors, materials and contracts. Vendors must be evaluated as well as contracts reviewed, and an eye must be kept on the procurement expenses. SAP S/4HANA Sourcing and Procurement provides comprehensive functionalities for procurement as well as for strategic and operational purchasing.
The business unit solution in SAP S/4HANA supports all relevant processes of a modern purchasing organization. It maps all purchasing and procurement processes from forecast and purchase orders to vendor invoices and, as a consequence, relieves the purchasing organization in its operating business. The evaluation of all data in real time is of crucial importance – an advantage that has particularly positive effects on decision-making in the strategic area. Comprehensive functionalities for managing purchase requisitions, vendor management, contract and invoice management as well as inventory management provide decisive added values for optimizing your purchasing and procurement processes.