S2P spans SAP Procurement solutions including SAP S/4HANA Cloud, SAP Ariba and SAP Fieldglass along with Ariba Network to provide enterprises with capabilities and tools that optimize strategic, tactical and operational procurement as well as supplier management and trading partner collaboration. Within S2P, SAP can help enterprises manage every part of the procurement process and all spend categories so they can move faster, run leaner, and stay ahead of customer demands and shifting economic factors.
Leveraging data across applications, SAP is uniquely positioned to provide out-of-the-box real time analytical insights and intelligence with technologies such as machine learning and chatbots that enhance the decision-making capability of an organization. SAP addresses these challenges by bringing together best of breed SAP procurement applications on a common platform with universal data models and user experiences. However, enterprises are not currently completely equipped to be responsive as they are still dealing with a reality of complex heterogenous systems, multiple platforms, data inconsistencies, fragmented stacks, varied user experiences and integration challenges. That means enterprises must move beyond traditional mindsets to a more strategic, scalable approach – one that allows them to transform efficiently across every part of the source to pay (S2P) process. The need to source essential supplies faster and more effectively than ever before, while continuing to increase productivity and reduce costs and risk. Procurement is at the center stage and has taken a critical position as part of digital transformation initiatives. Supplier collaboration, transparency and 360-degree visibility.A few of the strategic priorities on the minds of procurement executives are: These demands have increased the need for procurement agility and integrated platforms more than ever before. Customers are demanding more from the organizations they buy from and work with – more speed, better quality, the best experience and full transparency. With economic volatility at an all-time high, organizations are dealing with extreme pressure to control costs, manage risks, sense opportunities and increase efficiency and productivity and to do it all without slowing down progress.
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