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SPEND MANAGEMENT

SAP Sourcing Review

Product Snapshot

Technology

SAP Sourcing is available as a SaaS solution that requires no additional hardware.

Customer Focus

SAP works with customers of all sizes.

Selected Customers

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SAP Sourcing

SAP Sourcing SAP Sourcing is a full software suite for spend management software that handles a variety of sourcing operations. By using the program and by importing all your project data, users can see the resources they need. They can then draft RFQs, send them to suppliers and hold online auctions for the items. All auction activity is automated and users can easily find which bid is the most optimal. SAP Sourcing can maintain your supplier relationships and contracts.

About SAP

SAP is one of the world’s largest business software companies and the third-largest software supplier overall. Founded in 1972 as Systems Applications and Products in Data Processing, SAP has a rich history of innovation and growth that has made them a leader in providing collaborative business solutions for all types of industries – in every major market. The company, headquartered in Walldorf, Germany, employs more than 51,800 people in more than 50 countries, and serves more than 76,000 customers in more than 120 countries.

SAP has leveraged their extensive experience to deliver a comprehensive range of solutions such as in to empower every aspect of business operations. SAP has created software solutions like SAP accounting software that can be used by companies of all sizes to use to reduce costs, improve performance and become more agile to respond to changing business needs.

SAP Sourcing Key Features

  • SaaS esourcing software solution
  • Imports project data to show you what resources you need
  • Sends out RFQs to suppliers and holds online auctions for each line item
  • Works throughout the entire contract lifecycle to create, negotiate, and renew them
  • Hosts supplier profiles and forums
  • Monitors supplier performance via scorecard

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