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Every procurement professional would have an important duty to fulfill in every organisation.
They are responsible to serve and secure the best material while ensuring that it reaches the audience safely. It would fulfill vital criteria such as price and quality.
It is crucial that we simplify the procurement process. This would also act in increasing the corporate value.
Procurement occupies a great role in transforming the business value. When you procure different items at the base cost, it can act as a leading goal. While automating buy-and-deliver processes, it is important to manage dynamic processes like procure-and-deliver in an effective manner.
Identifying and mitigating supply-oriented vulnerabilities can offer control and visibility across various spend categories.
With the SAP Ariba Buying solution, you can automate all the procurement process, ensuring that it operates with high-end efficiency. You can also integrate your ERP system to manage payment processing and invoice management.
You can streamline catalog maintenance with this configurable interface, thus making sure that the ROI is increased.
Need more information? Contact iQuantM to know more.
SAP Bank Communication Management helps in implementing various level of approval workflows for payments made from an organization before processing that payment with the bank. An example can be a workflow approval made by a payment manager for a payment that is due to a supplier. Once the manager approves this outflow of cash, the AP person can initiate this transaction with the bank