Sourcing and Procurement in SAP S/4HANA Cloud 2202

With this start of stepping into a new year, we bring you exhilarating, new intelligent innovations in SAP S/4HANA Cloud 2202 release to make your organization more competent, efficient, Intelligent and help you to operate your industry better every day.

Key Highlights:

• The Product Sourcing in Sourcing and the techniques of Contract Management
• Optimizing the sources of ‘Direct Materials’
• SAP Central Invoice Management
• SAP Central Invoice Management, Inbound Processing Module
• Functional Procurement
• Validation of International Trade Compliance concerning Purchase Requisitions
• Help for custom record types in Investment Requisitions
• Central Procurement
• Simulation of Central Purchase Contract allotment
• Integration
• Approval of stock reservations between S/4HANA Cloud and SAP Ariba
• Optimization in the sourcing of the ‘Direct Materials’

For Sourcing Supervisors, for all your Sourcing essentials of direct materials across diverse plants, now we reinforce the Optimized sourcing of ‘Direct Materials’.

This procedure permits sourcing managers to gain a summary of all the necessities of sourcing direct materials across diverse manufacturers in various interconnected strategies and then start the sourcing technique. This invention particularly handles the direct material sourcing needs of Automotive and Industrial Machinery & Element enterprise consumers.

We support and reinforce different types of scenarios like

– Strategic Development Sourcing
– Demand-driven Outgrowth Sourcing

In Strategic Product Sourcing, Sourcing Directors begin with Originality till Accord to allocation to preferred suppliers.

Sourcing Directors begin the sourcing strategy by the invention of a Sourcing Project for the procurement scheme, counting all your sourcing conditions and other elements like expenditure terms, shipping education, and request for diverse time framings and plant components – add your selected suppliers and eventually broadcast the project.

Suppliers can dispatch quotes now, you can operate sourcing with competitive suppliers by requesting them for the bidding strategy, correspond advanced supplier quotes, deal with suppliers, prefer the best quote that corresponds to your needs, and ultimately grant the bid to one or more suppliers, as a subsequent action you can complete following on the record like Central Purchase Contract to allow functioning procurement of unaffected materials.

In Demand-driven Product Sourcing, Sourcing Superiors start the sourcing assignment based on received Purchase Requisitions from numerous connected backed systems. All additional steps will stay identical for the total sourcing procedure.

In this method, we help with End to end credentials to operate the electronic sourcing technique, beginning with the invention of the Sourcing Project until the design of a contract. An effortless way to build more transparency with enhanced efficiency and cost savings.

To keep the whole sourcing process, multiple applications are open on SAP S/4HANA Cloud system like Preferred Supplier List, Supplier Quotations, etc.

SAP Central Invoice Management, Inbound Processing Module
SAP Central Invoice Management is a resolution constructed on SAP BTP that delivers customers a single point of entry and visibility to supplier invoices from numerous interconnected systems, such as SAP ERP, SAP S/4HANA, and SAP S/4HANA Cloud systems.

They will now release the SAP Central Invoice Management, an inbound processing module, an add-on to SAP Central Invoice Management that permits suppliers with invoice capture, and inbound processing which helps to complete the SAP Central Invoice Management visibility abilities with supplier invoice inbound processing. It is deployed on the SAP Business Technology Platform (SAP BTP) and tightly incorporated into SAP S/4HANA Cloud.

We are leveraging SAP Fiori to deliver seamless user knowledge. This Solution allows users to manually upload one or more additional supplier invoices in different formats like PDF, JPG, PNG. and automatically reads the invoice content via an embedded copy details extraction service using optical character recognition (OCR). Users can prefill invoice data established on configured default values and modify and correct invoice details if automated processing is not possible. Invoice documents can be stored in local record management solutions of SAP S/4HANA Cloud.

Invoices with a PO reference are published in S/4HANA Cloud for automatic invoice processing and Non-PO invoices are always parked in S/4HANA Cloud which can be manually processed later. We are leveraging the workflow and authorization capabilities of S/4HANA Cloud.

This helps to Enhance accounts payable productivity via central invoice visibility and processing and Increase document and PDF invoice mechanization by leveraging embedded image conversion capabilities.