PROCUREMENT TECHNOLOGY
This transformation positions procurement as more than a cost centre – it becomes a strategic enabler for the entire organisation.“ By turning the function into a growth enabler, procurement teams are well-equipped to manage cost, reduce risk and navigate supply chain volatility,” Etosha affirms.
Supporting sustainability through procurement excellence As Environmental, Social and Governance( ESG) considerations move to the forefront of corporate priorities, procurement teams increasingly find themselves responsible for delivering on sustainability objectives. The P2P process represents a critical opportunity to translate high-level ESG commitments into tangible actions.
Etosha highlights how SAP Ariba facilitates this through“ guided buying capabilities to help organisations to make risk-aware and sustainable purchases while also ensuring compliance with procurement policies.” The solution extends beyond simply making sustainable purchases to include financial incentives that reward ethical practices throughout the supply chain.“ SAP also offers collaborative tools and payment programmes including ESGbased early payment incentives and tiered financing through SAP Taulia solutions that reward ethical supplier practices,” she adds.
These features enable procurement teams to operationalise sustainability commitments and demonstrate measurable impact – a crucial capability as stakeholders demand greater accountability on ESG performance.
Network-based collaboration: strengthening supplier relationships The economic and supply chain challenges of recent years have underscored the importance of collaborative procurement processes. SAP Business Network addresses this need by connecting buyers and suppliers throughout the purchasing lifecycle.
48 June 2025