Introducing SAP Business Network for Procurement

Objective

After completing this lesson, you will be able to define SAP Business Network for Procurement

SAP Business Network for Procurement

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.

SAP Business Network for Procurement allows buyers and trading partners to transact over the network.

Select the link below to learn about SAP Business Network and how it helps companies compete in the global network economy.

SAP Business Network Solution Video: Introduction to SAP Business Network

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

  • Enables smooth customer collaboration.
  • Enhance visibility.
  • Improves cash flow management.
  • Support business growth and reach expansion to new customers.

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