For several years now, economists and business experts have been observing how the position of purchasing and procurement is changing within organisations. In the context of globalisation and the resulting cross-border value chains, purchasing is assuming an increasingly strategic key function in companies. In addition to operational and executive activities, new, more long-term and value-added areas of responsibility are emerging for purchasing. Of course, it is only understandable that this has also changed the requirements for IT and software solutions. At the same time, we have new opportunities to meet these market expectations and requirements as part of digitisation.
For example, SAP S/4HANA Sourcing and Procurement adds a whole new set of useful functions to familiar and popular features. As a result, SAP S/4HANA helps you answer fundamental questions such as:
- How can I optimise my purchasing and procurement processes?
- How do I organise value-based, scalable and compliant procurement?
- How do I promote flexibility and transparency across my entire value chain?
- How can I improve the risk management of my supply chain?
With the S/4HANA system, SAP is offering two fundamental modules to support your purchasing processes:
S/4HANA Central Procurement provides the necessary functions to meet the requirements of centralised procurement across multiple SAP ERP systems. In addition to creating comprehensive purchase orders and contracts, you can also use centralised analysis functions.
S/4HANA Sourcing & Procurement offers all the fundamental functions that you may already know and appreciate from SAP ERP MM. The new Sourcing & Procurement module stands out above all due to the new user-friendly Fiori apps. Some functions were also taken from supplier management, such as supplier evaluation, and improved.
To sum up, it is clear that SAP S/4HANA Sourcing & Procurement can help your purchasing departments meet new challenges.
We, on the other hand, can assist you with years of experience and in-depth expertise in S/4HANA implementations to map and optimise your purchasing processes in the new software.