SAP Supplier Relationship Review - why 4.4 stars?

Shlomi Lavi / updated: Apr 12, 2022

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What is SAP Supplier Relationship?

SAP Supplier Relationship Management (SRM) is a cloud-based vendor management software that is designed to provide strategic value through contract compliance, sustainable cost savings, as well as quick time-to-value. The software provides companies with the tools to propel superior results through an end to end, source to pay process.

Some of the core features of the solution include supplier management, category management, invoicing, spend analysis, requisitioning, sourcing, and operational contracts. SAP Supplier Relationship Management is a product of SAP, a company based in the United States. The company has grown into a worldwide company that has over 98,600 employees all around the world.

Who is it best for?

The typical customers include the following business size: Medium and large size businesses.

What is the actual cost?

ITQlick pricing score is 6.8 out of 10 (10 is most expensive). Access ITQlick pricing guide for SAP Supplier Relationship. You can also find here pricing information from SAP Supplier Relationship's website.

Pros

• The model of interaction of buyer side and seller side helps improve workflows
• Easy to use
• Has a wide range of features and functionalities

Cons

• The configuration of too many approval levels results into time consumption during the buying process
• Lacks upfront information regarding the pricing in that one has to contact the company

How it stacks up?

Access a head to head analysis of SAP Supplier Relationship vs alternative software solutions.

Frequently Asked Questions (FAQs)

Is SAP Supplier Relationship right for you or your business?

SAP SRM is a suitable solution for any business as it provides a platform to interact with the suppliers and also helps them with spend analysis, categorizing, requisitioning, sourcing, operational contracts, as well as invoicing. It is a well-tailored solution for small business, mid-sized business, and enterprise.