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and reporting. Its features support complex supplier qualification and evaluation
processes, including a broad library of predefined project and RFx event templates,
auction tools, complex question types, multicurrency bidding, tiered pricing, total cost
modeling, robust automated and team-based proposal scoring, constraint-based bid
optimization, and the ability to award to selected suppliers.
Features from the SAP Contract Lifecycle Management application are included within
the SAP Extended Sourcing package and provide the ability to create and manage
procurement contracts through an extensive template library, a sophisticated clause
library, integration with Microsoft Word, and advanced workflow review and approval.
The project management features provide centralized project workspaces, including task
and team management, collaboration tools, and reporting views into all sourcing
activities based on role and system authorizations.
Integration with operational procurement and contracts in the SAP Supplier Relationship
Management and SAP ERP applications is enabled via standard integrations, including
master data synchronization and closed-loop process support.
Key Capabilities:
o Supplier self-registration
o Advanced supplier qualification
o Advanced request for proposal
o End-user bid solicitation
o Sophisticated auctions
o Bid optimization
o Procurement contracts through SAP Contract Lifecycle Management
o Project management
o User-defined objects and forms
o User workbench, dashboards, and reporting
o Standard integration with SAP SRM and SAP ERP