SAP S/4HANA Sourcing and Procurement

What is SAP S/4HANA Sourcing and Procurement?

SAP S/4HANA Sourcing and Procurement is the successor to SAP Material Management (SAP MM).  SAP S/4HANA Sourcing and Procurement is part of S/4HANA Enterprise Management and can be linked to other components such as Ariba, Fieldglass and Concur.

Functions of the procurement process

The following functions are possible in the SAP S/4HANA Sourcing and Procurement procurement process:

Demand assessment

The stocks in the system are checked and purchase requisitions can be created automatically. When determining requirements, sales data can be included in the requirements forecast.

Order requirement

The purchase requisition is the official request to the purchasing organization. It contains information on the quantity, requirement date and delivery address of the material, among other things. Purchase requisitions can be created manually or automatically.

Clearance procedures are possible.

Finding sources of supply

The next step is to find the right supplier. The supplier master can be consulted for this purpose. Among other things, prices or discounts can also be included in the determination of the supplier.

Order

The purchase order is then prepared from the purchase requisition and the appropriate supplier is added. The orders can then be sent by e-mail or electronic structured file or printed out.

Clearance procedures are possible.

Order confirmation

Possible order confirmations can be used for order monitoring.

Goods receipt

The goods receipt can be recorded for the order so that, for example, material stocks can also be updated.

Invoice entry and verification

The incoming invoice is recorded in the system and, depending on the configuration, compared with the purchase order and/or goods receipt.

Payment

Payment is made after the invoice has been released in SAP FI.

New functions in S/4HANA Sourcing and Procurement are:

Invitation to tender

If you would like to find a new source of supply, a tendering process can be started.

We support you in optimizing your SAP processes with the help of DMS, ECM and mobility solutions such as

• • Electronic SAP and NON-SAP files (e.g. order files, contract files, supplier files, etc.) with SAP Extended ECM by OpenText
  • Electronic invoice verification and processing with OCR and EDI technologies with SAP Invoice Management by OpenText
  • SAP workflows for the automation of document processing and its processes with SAP Invoice Management by OpenText oder SAP Build Process Automation
  • Scanning and barcode solutions with SAP Archiving by OpenText
  • Document and receipt archiving with SAP Archiving by OpenText
  • Mobile data and barcode capture with Neptune DXP oder SAP Business Technology Platform