Description

SAP Supplier Relationship Management (SRM) is an enterprise procurement platform designed for supply chain professionals. It enables users to automate the procurement process and predict the purchasing behavior; integrate with ERP and SCM applications; manage company-wide purchases and automate invoice verification process; handle the complete contract life cycle and identify top-and low-performing suppliers; define prices in catalogs, purchasing contracts, supplier quotes, and purchase orders. Features include customer relationship management, project management, source determination, purchase management, product catalog management, and stock management.