SAP Business Network for Procurement digitalizes the collaboration with trading partners.
It represents the world's largest trading community of over 4.5 million companies and allows you to collaborate and transact seamlessly with trading partners to bring speed, savings, and innovation to the entire source-to-pay process.
Benefits
The benefits for buyers and suppliers are as follows:
Benefits for Buyers
- Collaborate easily with your suppliers
- Automate procurement transactions and workflows
- Improve spend transparency and supplier management
- Enhance process and regulatory compliance
- Enforce spend controls through business rules
Benefits for Suppliers
- Enable smooth customer collaboration
- Enhance visibility
- Improve cash flow management
- Support business growth and reach expansion to new customers