At Lumenia ERP HEADtoHEAD October 2021, TRC Solutions presented SAP Business ByDesign and the benefits it brings businesses in Procurement. Please view the recorded presentation below:
SAP Business ByDesign improves purchasing performance and its visibility through the integration of compelling analysis functionality for operational and strategic purchasing. Manager dashboards and system-supported KPI monitoring help managers keep procurement on track.
In addition, strategic buyers can, at the push of a single button, identify maverick spend generated outside the purchasing department and monitor contract usage. The system also monitors contract expiry dates automatically and triggers renegotiations in good time.
Managed, automated processes such as assignment of the best source of supply, purchase order creation, or posting of goods issued and goods receipt in the third-party order processing system can increase purchasing efficiency and enable the buyer to concentrate on strategic tasks like vendor talks or contract negotiation.
Moreover, every employee in the purchasing department is empowered with exception-based decision support that highlights critical problems, so they can be resolved quickly.
SAP Business ByDesign boosts internal and external collaboration by offering advanced communication technologies, such as interactive purchase order forms that a supplier can use for instantaneous purchase order acknowledgments, or XML communication that transmits purchasing documents immediately to bidders or suppliers.
In addition, SAP Business ByDesign customers benefit from a streamlined supplier invoice verification process supported by a collaborative exception handling concept that delivers cash benefits. Purchasing prices can be reduced as soon as the customer deploys collaborative request for quotation scenarios. With self-service procurement, collaboration is fostered by using supplier catalogs hosted and provided by the supplier and involving no internal maintenance efforts at all.