Categories: News

Procurement in SAP with New Business Partner Portal by xSuite Group

The “xSuite Business Partner Portal Sphere” will run on the SAP Cloud Platform in the future, automating data and document exchange as well as communication with suppliers in the P2P process.

Ahrensburg, Germany, August 08, 2020 –(PR.com)– With its new development for the cloud, the xSuite Group provides SAP user companies with a central platform for performing standardized, digital procure-to-pay processes with suppliers. Purchasing, Accounting and suppliers exchange all data and documents related to procurement via the portal. Automatic transfer of all data and documents from the portal to the SAP system relieves the Purchasing and Accounting departments. The “xSuite Business Partner Portal Sphere” is operated via the SAP Cloud Platform (SCP). The product is geared towards SAP user companies with SAP ERP or SAP S/4HANA in use.

With the new Business Partner Portal of the xSuite Group, the purchasing department can continue working in the SAP environment it is familiar with. Purchase orders are generated and automatically made available to the supplier in the portal. The supplier can independently generate all subsequent documents -order confirmations, shipping notifications, invoices, credit notes – from the purchase order and transfer them back to the Purchasing department via the portal. Alternatively, the supplier can upload these documents In both cases, the Business Partner Portal automatically transfers the documents and data to the customer’s SAP system.

All information and documents are available for the purchasing department directly in the SAP system for processing. For those involved in the purchasing process, this means that documents no longer need to be printed out and mailed. The entire procure-to-pay process is much faster, and errors resulting from switching systems are eliminated.

The Business Partner Portal offers suppliers helpful functions such as the “self-service” option. This means that a new supplier, for example, can enter necessary information such as contact data and bank details himself. A workflow is started, and after release, the master data in the SAP system is stored for the supplier. Suppliers can also update their data this way.

The Business Partner Portal of xSuite also contains a function that enables companies to strengthen their liquidity in a targeted manner:

Via the portal, it is possible for the supplier to offer several payment terms with different discount levels. The purchasing company can accept or discard these discount offers. In addition, they can request a discount offer.

With its new development, the xSuite Group supports SAP’s strategy of bringing its customers into the cloud. In the future, extensions and in-house programming will be compatible with the SAP Cloud Platform (SCP). Since the new xSuite portal was developed for SCP, its compatibility with current and future SAP releases is optimally ensured.

Let’s block ads! (Why?)

Miscw.com

Recent Posts

Chand Nikalne Ka Time: Festival Moonrise Timings for Delhi, Mumbai, Bengaluru and More

Key takeaways:Chand nikalne ka time varies across cities like Delhi, Mumbai, Kolkata, Bengaluru, Agra, and…

42 minutes ago

Lawyer Misconduct, Courtroom Protests, and Legal Industry Shifts: Latest News Overview

Key takeaways:Justice Sanjay Kumar barred advocates from approaching court officers after a lawyer's son abused…

1 hour ago

Chamari Athapaththu Goes Unsold at WPL 2027 Auction in Kochi

Key takeaways:Sri Lanka captain Chamari Athapaththu went unsold with no bids received at the WPL…

2 hours ago

Moon Timing Today: What the Current 2026 Moonrise and Festival Timings Mean

Key takeaways:There is no single universal moon timing today; moonrise depends on city, date, and…

2 hours ago

Union Bank Latest: City Union Bank Q2 FY27 Profit Up 27% to ₹416 Crore, Shares Rally 7%

Key takeaways:City Union Bank reported Q2 FY27 net profit of ₹416 crore, up 27% year-on-year…

3 hours ago

Oman vs UAE: Match 142 Squads, Predictions, and Live Streaming Details

Key takeaways:Oman and UAE are scheduled to compete in Match 142 of the ICC Cricket…

3 hours ago