At the heart of every procurement system is a catalog. Even in an environment lacking automation, requisitioners consult a hard copy or customer service reps use a catalog at the other end of a phone line. So it stands to reason that getting everyone to use the correct catalog from a preferred vendor at the contracted price will ensure that negotiated savings from sourcing and contracting activities are actually realized. This paper will explore benefits and best practices around these core elements: Process Compliance (Adoption of the eCatalog and procurement system), Price Compliance, Supplier Compliance. This includes specifics around unlocking the value of existing eProcurement systems through improved eCatalog management. At the conclusion, there is a buyer’s checklist to aid you in selecting an eCatalog vendor should you choose to take this path.

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Contributors: SAP Ariba
Categories: Whitepaper
SRC Type: eSourcing and Tools, Procurement Operations