What is SAP Intelligent Spend Management?

Manage all sources of expenditure across different categories to create a unified financial perspective. SAP’s solutions for spend management enable prompt and well-informed decisions that drive your organization’s growth. This encompasses both direct and indirect spending, alongside external services, temporary labor, travel, and additional expenses. Moving away from traditional and disconnected spend management practices toward a smarter strategy can lead to impressive outcomes, starting with streamlined invoice handling. By digitizing and refining your complete source-to-pay workflows, you can enhance control over spending related to both direct and indirect materials, identify fresh saving possibilities, and strengthen your supply chain. Moreover, effectively overseeing your external workforce and service providers throughout their entire lifecycle requires managing everything from onboarding and billing to tracking milestones, ensuring project completion, and facilitating secure off-boarding with quality assessments. In addition, you can aggregate and capture travel and expense data from nearly any transaction, which will improve your overall financial insights and decision-making capabilities. This all-encompassing strategy not only simplifies processes but also promotes sustainable operational excellence, ensuring your organization remains competitive in the long term. Ultimately, embracing such a comprehensive approach can lead to transformative growth and enhanced financial health.

Pricing

Free Trial Offered?:
Yes

Screenshots and Video

Company Facts

Company Name:
SAP
Date Founded:
1999
Company Location:
United States
Company Website:
www.sap.com/cmp/dg/intelligent-spend-management/index.html

Product Details

Deployment
SaaS
Training Options
Documentation Hub
Webinars
On-Site Training
Video Library
Support
Standard Support
24 Hour Support
Web-Based Support

Product Details

Target Company Sizes
Individual
1-10
11-50
51-200
201-500
501-1000
1001-5000
5001-10000
10001+
Target Organization Types
Mid Size Business
Small Business
Enterprise
Freelance
Nonprofit
Government
Startup
Supported Languages
English

SAP Intelligent Spend Management Categories and Features

Vendor Management Software

Audit Management
Contact Management
Customer Database
Self Service Portal
Supplier Master Data
Transaction History
Vendor Maintained Profiles
Vendor Managed Inventory
Vendor Performance Rating
Vendor Qualification Tracking

Spend Management Software

Approval Workflow
Budgeting / Forecasting
Expense Tracking
Multi-Currency
Prepaid Cards
Procurement Management
Receipt Management
Spend Analysis
Spend Control
Supplier Management

Purchasing Software

Catalog Management
Compliance Management
Contract Management
Inventory Management
Invoice Processing
PunchOut
Purchase Order Management
Requisitions & Approvals
Sourcing Management
Spend Management
Supplier Management

Procurement Software

Asset Management
Auction Management
Bid Management
Budget Management
Catalog Management
Contract Management
Inventory Management
Invoice Processing
PunchOut
Purchase Order Management
Receiving
Requisitions & Approvals
Sourcing Management
Spend Management
Supplier Management