SERVICES PROCUREMENT
Rapid Vendor Portal Solution
ACHIEVE A UNIFIED VIEW OF SERVICES SPEND
Leverage SAP Business Technology Platform infrastructure and the power of touchless operations to achieve a unified view of spend, increase processing speed, and ensure on-time payment while giving services providers secure access to submit, modify, and review their POs, service entry sheets, and time sheets directly in SAP.
For all services spend types, including services invoicing, SOW services, recurring services, and contingent labour.
6X
FASTER TIME ENTRY
75%
DROP IN ADMINISTRATIVE OVERHEAD
7X
LESS PAPERWORK
Why use a Services Procurement Portal?
MONITOR PROGRESS & KEEP DATA IN SAP
Collect all data when and where services are completed, and capture details directly in SAP instead of across multiple digital and paper-based systems. Add perspective to negotiations with access to information on agreed-upon prices, scope, and deliverables.IMPROVE VISIBILITY INTO SPEND & RESOURCE ALLOCATION
Receive updates and notifications as they happen and enable real-time communication and collaboration with service providers to increase visibility across all interactions. Monitor spend and resource allocation across departments and providers with embedded analytics and dashboard views.SPEED PROCESSING & REDUCE OVERHEAD
Eliminate the number of steps, errors, and average touch time throughout your services procurement process with guided entry and mobile compatibility. Enable automation, electronic submissions and approvals with easy-to-use applications all connected to your ERP.ENABLE MORE ON-TIME PAYMENTS
No more chasing down documentation, missing information, or manual data re-entry. Enabling suppliers to enter data directly in SAP makes processing faster and leads to more on-time payment and stronger supplier relationships.Take your services spend from tactical to strategic
Download the complimentary white paper Managing Services Spend in the Mid-MarketSERVICES PROCUREMENT FEATURES
ENSURE ON-CONTRACT SPEND
Access details on the agreed-upon scope, rates, and milestones specified in the Service Master and see progress against each contract in a unified interface.
SERVICES RECEIPT SUBMISSION
Provide suppliers with a guided interface to access and confirm purchase orders, check on progress against totals, and directly record services into SAP when and where the services are completed.
SIMPLIFIED TIME ENTRY & REPORTING
Enable service providers to track time quickly from anywhere with immediate feedback on errors. Approvers and easily identify issues with visibility into allocation by contractor, project, or order.
PAY OFF YOUR OWN RECORDS
Leverage Evaluated Receipt Settlement (ERS) to automatically match services requested to services received and simplify and speed payment.
CENTRALIZED DATA ACCESS
Manage all functions of services procurement in a consolidated dashboard that tells a data-driven story to improve forecasting, reduce costs, assess spend allocation, and identify risks.
WORKER PROFILE MANAGEMENT
Reduce administrative burden on HR teams by giving workers self-serve access to personal information, leave balances, and tax forms, and give managers a holistic view of their teams.
“The ConvergentIS time management solution is superior to SAP in terms of layout, tabular format, and ease of interaction.”
Director of Applications ManagementProfessional Services Firm
PRICING
Starting from $250,000 USD annually.
TIER 1
Basic capabilities for estimate-based spend
Services Invoicing and SOW Services
Deploy in 3-4 weeks
TIER 2
Enhanced capabilities for estimate-based spend
Services Invoicing and SOW Services
Touchless operations
Evaluated Receipt Settlement (ERS)
Deploy in 4-6 weeks
Recommended
TIER 3
Enhanced capabilities for estimate-based spend
Services Invoicing and SOW Services
Contingent Workforce Management
Touchless operations
Evaluated Receipt Settlement (ERS)
Deploy in 6-8 weeks
LEVEL-UP YOUR SERVICES PROCUREMENT
Get in touch with our team to discuss your unique service spend managementneeds and see our solutions in action.