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DIGITAL TRENDS IN PROCUREMENT

The Path to Digital Procurement with SAP S/4HANA: All Key Innovations, from Master Data to Vendor Management

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Digital Trends in Procurement: Set the Right Course Now

Digitalization is gradually making procurement more efficient and transparent: Operational procurement processes can be managed more effectively, and those who make strategic decisions are increasingly benefiting from system-supported analysis and control. The transition from SAP ERP to SAP S/4HANA does not reinvent procurement, but rather represents a clear evolution in terms of both functionality and technology. New Fiori apps, modern user interfaces, and improvements in areas such as approvals, contract management, and supplier evaluation deliver tangible benefits in day-to-day operations.

This e-book guides you through the most important trends and innovations across the entire process chain—from master data and supplier management to reporting and returns. Practical examples illustrate where S/4HANA unlocks new potential and which proven structures can be seamlessly carried forward.

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Here are the topics you can expect

  1. Changes to Master Data
    The introduction of the central Business Partner and the expanded capabilities in the area of material master data contribute to greater consistency, transparency, and efficiency. We’ll show you what’s new and provide tips on how to set up master data in a robust and future-proof way.
  2. Cross-Cutting Changes
    An overview of new features related to contract management, the approval of purchase documents, and the proactive management of critical situations. The focus is on modern Fiori apps, flexible workflows, and integrated situation handling.
  3. Changes in Vendor Management
    From the RFx tool with a Fiori-based interface to supplier evaluation and procurement categories: You’ll learn how S/4HANA creates a robust foundation for more efficient processes, nuanced evaluations, and clearer control in strategic procurement.
  4. Changes to Direct Procurement
    Source of Supply Management, MRP Live, Bonus Processing, Contract Manufacturing, and Returns: We explain how the changes in S/4HANA make planning, execution, and processing significantly more efficient.
  5. Changes in Indirect Procurement
    Self-Service Procurement and Lean Service: New features streamline procurement processes, make approval processes more flexible, and significantly reduce the burden on day-to-day operations. 
  6. Procurement Reporting with S/4HANA
    We’ll give you an overview of how Analytical Fiori apps in S/4HANA enable rapid data analysis and deeper integration with various business processes, such as procurement and inventory management.
  7. Intrastat
    Intrastat Declarations: With SAP S/4HANA, the process is fully integrated and supported by modern Fiori apps.