CXO Standpoint
Leverage Existing
SAP Solutions with Cloud Procurement
Companies that have already invested in SAP find that they can achieve even better results from their existing investment with cloud technology and eProcurement . After the initial investment , companies find certain roadblocks preventing mass user adoption and diminishing cost savings . Issues such as inability to stay connected , lack of insight into data , and complex and fragmented business rules stop businesses from using the full power of SAP . As cloud application technologies advance , companies gain the benefits of rapid deployment cycles , increased self-service tools , and faster performance . Vroozi delivers on the promise and power of eProcurement in the Cloud with seamless integration into SAP .
SAP users looking to the cloud generally face a few questions , including :
· How can I benefit from using cloud procurement ?
· Will my transition to the cloud be cost-effective ?
· How will my business processes be affected by cloud technology ?
To understand the benefits of cloud technology to existing SAP users , let ’ s evaluate three procurement strategies that highlight the power of cloud procurement .
Value Realization Return on Investment ( ROI ) is a central factor in any procurement strategy . Buyers and trading partners of cloud procurement solutions need to feel confident that solutions will lead to cost savings and higher productivity and efficiency . Users quickly see returns by focusing on user adoption , compliance , and spend management . Spend Management allows companies to visualize purchasing spending patterns and usage and drives employees to leverage preferred pricing with contract suppliers . To increase user adoption and compliance , the cloud empowers a mobile workforce with the right resources and experience so everyone stays connected and available so that business is not disrupted . As user adoption and compliance frameworks increase with cloud-based systems , organizations gain immediate cost savings in procurement by decreasing transaction costs and preventing spend leakage with your supply chain .
Efficiencies
Process efficiency is key for a successful , healthy business . Cloud technology enables better processes by keeping everyone connected through a mobile experience and automating transaction tasks through the use of machine learning and pattern matching . With a centralized , unified system , cloud automation can yield immediate benefits in requisition to invoice and payment business processes and reduced errors and issues leading to higher productivity and decreased processing costs . Further , by allowing employees
26 JULY 2017 |