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SAP Supplier Relationship Management (SRM) - Interview Questions
Discuss the benefits that SAP SRM brings to a business.
* SAP SRM enables the organization to achieve the following business benefits: Sustainable cost savings- which enables the companies to achieve a closed-loop from source-to-pay.
 
* Contract compliance – provides visibility into enterprise expenditures and enables the procurement organization to effectively demonstrate according to corporate guidelines.
 
* Competitive advantage – gives the tools to partner with key suppliers, define supplier management approach, and determine the key metrics.
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