SAP Source-to-Contract Suite

SAP Source-to-Contract Suite offers a widely adopted and comprehensive sourcing solution combined with contracting and supplier information and performance management solutions. As shown in the figure below, the result is a single, closed-loop, source-to-contract solution bundle for managing sourcing and suppliers across the source-to-contract cycle. The suite’s built-in functionality for source-to-contract processes includes the following.

 

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Benefits of SAP Source-to-Contract Suite

  • Electronic, template-based support for RFIs, RFPs, and auctions
  • Artificial intelligence (AI) and machine learning assistant for event management
  • Flexible project management tools with integrated workflows, document
  • management, and approvals
  • Centralized sourcing information for faster and easier access
  • Dynamic, real-time event views; integrated reporting; and decision analysis of
  • multiple “what if“ scenarios
  • Rapid identification and assessment of new sources of supply