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Five Steps of Intelligent and Integrated Procurement with SAP S/4HANA Cloud

by sol-admin
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Purchasing the right quantities at the right time and with the best conditions is a lot like being a chef – with clear processes and responsibilities all tied together with a business network, you’re bringing your best to the table for every customer. With SAP S/4HANA Cloud, you optimize the procurement process through the application of advanced technologies like Robotic Process Automation and Machine Learning right in your supplier network. This not only leads to enhanced user experience but also to efficiency improvements and ultimately to increased customer satisfaction.

  1. First, automatically create requisitions with an intelligent bot running on the SAP business technology platform.
  2. Then use machine learning to support the decisions of a subject matter expert and create purchase orders which are sent directly to the supplier via the supplier network.
  3. Next, your integrated supplier network enables rapid order placement along with sourcing from a massive pool of suppliers which makes confirmation quick and easy.
  4. After that, prepare and post the receipt of the goods.
  5. Finally, within your business network, the supplier sends that invoice and it’s posted right away to the customer system.

Let’s take a look at how all the 5 steps run live.