SAP Business Network Solutions
In a highly regulated and cost-sensitive industry, the SAP Business Network for Procurement helps financial institutions turn procurement into a strategic advantage through a connected, intelligent, and compliant supplier ecosystem. Smarter Supplier Discovery Access a global network of verified suppliers with profiles that include: Dun & Bradstreet data Certifications and sustainability ratings Risk and compliance information Quickly find and engage trusted partners while supporting ESG and regulatory goals. Real-Time Visibility & Auditability Gain end-to-end transparency with digital document exchange and auditable history, enabling secure, traceable transactions across the procurement lifecycle. Automated, Compliant Procurement Streamline indirect spend with: Configurable business rules PO and invoice collaboration Automated compliance checks Reduce errors, enforce policy, and cut operational costs. Built-In Risk and Supplier Management Assess supplier risk and track qualifications directly within trading partner profiles. Guide employees to preferred, low-risk suppliers through integration with SAP Ariba. ________________________________________ Purpose-Built for Financial Services With built-in compliance, real-time insights, and intelligent automation, SAP Business Network for Procurement helps financial services organizations: Strengthen third-party risk management Drive operational efficiency Ensure spend and regulatory compliance
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