InterviewSolution
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What Are The Key Functions That You Perform Under Sap Srm Module? |
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Answer» Catalog Management: Suppliers can easily manage catalog data and can be easily integrated with business processes like accounting, finance and planning. PROCURE to Pay Optimization: Using SAP SRP product, you can streamline procure to pay life cycle and improve communication with supplier and cost management. Self Service Procurement: End users can SEARCH products using multiple product catalog and helps them to find and purchase product that are compliant with purchase and procurement policy of the company. Reporting FUNCTIONALITY: Using SAP Supplier Relationship management, you can CREATE reports RELATED to procurement activities, compliance and contract management, and managing costing in procurement process. Contract Management: You can manage contracts using centralize secure repository that helps to reduce compliance violations and allows end users to follow business processes during self-service procurement. Catalog Management: Suppliers can easily manage catalog data and can be easily integrated with business processes like accounting, finance and planning. Procure to Pay Optimization: Using SAP SRP product, you can streamline procure to pay life cycle and improve communication with supplier and cost management. Self Service Procurement: End users can search products using multiple product catalog and helps them to find and purchase product that are compliant with purchase and procurement policy of the company. Reporting Functionality: Using SAP Supplier Relationship management, you can create reports related to procurement activities, compliance and contract management, and managing costing in procurement process. Contract Management: You can manage contracts using centralize secure repository that helps to reduce compliance violations and allows end users to follow business processes during self-service procurement. |
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