Unlocking the Potential of Intelligent ERP: SAP S/4HANA Cloud Public Edition 2408 Update

The 2408 update to SAP S/4HANA Cloud Public Edition brings the latest enhancements to our intelligent ERP solution, designed to help businesses run efficiently and effectively.

As a leader in the SaaS and cloud-enabled midsize business ERP applications market, as named by IDC, we are committed to delivering continuous value to our customers. Let’s dive in and explore the exciting new enhancements of SAP S/4HANA Cloud Public Edition 2408 update.

Improved Productivity with AI

The latest AI innovations for SAP S/4HANA Cloud Public Edition are redefining the way businesses operate. With embedded AI capabilities, companies can now streamline operations, make data-driven decisions, and ultimately drive growth and success in today’s competitive market.

Embrace the future of business with these state-of-the-art AI innovations:

Our AI copilot Joule enables users to express their business need in natural language and supports with answers based on SAP Help Portal documentation, with fast navigation to applications and with role-based insights on business objects.

Insights on business objects through Joule

The AI-assisted easy filter and AI-assisted smart summarization features in SAP Fiori enhance the user experience for business users. These features allow for efficient natural language filtering of business data and seamless summarization capabilities, enabling users to quickly extract relevant information and jump-start subsequent collaboration. This leads to faster decision-making, improved productivity, and more effective communication across teams.*

AI-assisted easy filter
AI-assisted smart summarization

Intelligent resource matching reduces the time to find skilled resources by providing advanced skill matching.*

Leveraging generative AI, the review booklet for cost centers enables faster analysis and understanding of cost center data, facilitating quicker insights and more informed decision-making.*

*These features are currently available in beta; sign up here

Modern and Collaborative User Experience

This update is set to transform the way users work with user experience enhancements, enabling direct access to important applications and intelligent decision-making features.

Notifications of To Dos in Microsoft Teams allow direct actions on workflow items, saving time and reducing the need to switch between applications.

Notifications of to dos in Microsoft Teams

With the share as authenticated adaptive card-based loop component, users can collaborate with colleagues directly from an app and share live information using Microsoft Loop components. Cards can be copied between Microsoft applications; for example, from Microsoft Teams to Microsoft Outlook.

The Microsoft Copilot Integration for SAP S/4HANA Cloud Public Edition, in combination with share as authenticated card-based loop component, enables users to collaborate, share live data, and access business data directly from their daily applications and activities.*

*This feature is currently available in beta

Microsoft Copilot in Microsoft Teams
My Home enhancements (click to enlarge)

Updates to My Home include enhanced workflow-relevant information and in-place actions for daily tasks​, an intelligent homepage experience to boost productivity​, intelligent app recommendations, and pre-delivered cards for new cloud customers​. The updates allow business users to execute their tasks in My Home with speed and precision.

SAP Mobile Start allows direct access to the most important applications on the start screen with app favorites, displaying SAP Analytics Cloud KPIs as monitoring tiles and widgets, and managing to-do attachments to support the decision-making process.

Intelligent and Sustainable Finance

Propel your business toward a more intelligent and sustainable future with the latest finance enhancements, providing tools to achieve transparency, analyze financial data, and streamline processes to improve your business performance.

The cost center review booklet provides overhead cost accountants with transparent cost-center reporting, enabling daily analysis of actuals, plan data, commitments, and statistical key figures in one report, with the ability to switch between guided views and adaptable slicing, dicing, and pivoting based on business needs.

Review booklet for cost centers

The service profitability review booklet provides an interactive and comprehensive view of the financial KPIs related to the service profitability.

Service profitability review booklet

The Manage Operating G/L Accounts app streamlines processes and increases performance with a modern SAP Fiori app, providing a user-friendly interface and efficient workflows that enhance overall productivity and accuracy in managing general ledger accounts.

Manage Operating G/L Accounts app

Powering Service-Centric Companies

The latest updates for service-centric companies support your business growth and improve your operational effectiveness.

Professional services companies can implement and automate a new business model in which they can negotiate a shared risk approach with their clients. This leads to more accurate real-time profitability and reduces the need for manual effort when a lower cost rate is negotiated for additional work.

Shared-risk-based revenue recognition for professional service project

Automating recommendations and simplifying the sales order process as part of the modern order management journey improves efficiency for internal sales representatives. This reduces administrative efforts and provides seamless support for business users in their daily work.

Intelligent scenario management

By leveraging advanced solution bundling in solution orders, businesses can facilitate the transition from selling products to higher-margin services and solutions, using pre-defined configurable bundle products which consist of various components in one order.

Changeable sales orders for solution orders provide flexibility in defining business roles through segregation of duties for solution order capturing and sales order fulfilment, improving business user productivity. Additionally, rate plan selection in solution orders minimizes the subscription master data required to accommodate the variations of a subscription business model.

Pre-defined bundles in solution orders

The creation of proof of services for unplanned lean services by referencing existing contracts guides users to the right contract item during the creation of service entry sheets. This supports compliance with contract-based buying for unplanned services and offers flexibility to suppliers for selecting products and services from contracts when submitting proof of service.

Boosting Manufacturing and Product-Centric Companies

Elevate operational efficiency, streamline processes, and unlock new revenue opportunities with updates for product-centric companies.

Partial goods receipt posting enables the warehouse staff to receive the handling unit and start the put-away process immediately after unloading it, instead of checking the complete inbound delivery first. By allowing immediate action on received goods, warehouses can streamline their workflows, improve accuracy in inventory recording, and optimize resource utilization — ultimately leading to better overall productivity and reduced operational costs.

Partial goods receipt posting

Automate the generation of packaging items based on assigned handling units to effectively track stock count and manage packaging materials. Integration with SAP Returnable Packaging Management enhances supply chain transparency and operational efficiency by facilitating accurate exchanges and account reconciliation with business partners.

Enabling return to supplier (scope item BMK) with cloud transportation management now supports advanced scenarios for efficient transportation planning for supplier returns. This enhancement optimizes logistics, ensuring timely and cost-effective return shipments, ultimately improving supply chain efficiency.

Enhancement of the dynamic third-party order processing with advanced available-to-promise functionality increases order fulfillment rates and flexibility in sourcing, based on availability information, and minimizes logistical steps and costs by directly shipping from the supplier to the customer.

Dynamic third-party order processing with advanced available-to-promise functionality

Establishing a Solid SaaS Foundation

The latest SaaS foundation enhancements are designed to improve your experience and workflow efficiency:


Arpan Shah is senior vice president of Public Cloud ERP Product Management at SAP.

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SAP Announces Q2 2024 Results

WALLDORF SAP SE (NYSE: SAP) announced today its financial results for the second quarter ended June 30, 2024.

  • Current cloud backlog of €14.8 billion, up 28%, both at nominal and constant currencies
  • Cloud revenue up 25%, underpinned by 33% Cloud ERP Suite revenue growth, all at nominal and constant currencies
  • Total revenue up 10%, both at nominal and constant currencies
  • IFRS cloud gross profit up 29%, non-IFRS cloud gross profit up 28% and up 29% at constant currencies
  • IFRS operating profit down 11% due to restructuring expenses of €0.6 billion. Non-IFRS operating profit up 33% and up 35% at constant currencies
  • 2024 financial outlook reiterated. 2025 operating profit ambition increased to reflect anticipated incremental efficiency gains from expanded transformation program

“Our cloud growth momentum remained strong in Q2, with Business AI enabling many deals. We continue to execute on our transformation with great discipline, leading to an increase in our operating profit ambition for 2025. At the same time, we continue to invest into our transformation to be the leader in Business AI. Given our progress and strong pipeline, we are confident to achieve accelerating topline growth through 2027.”

Christian Klein, CEO

 

We are staying squarely focused on delivering our outlook for this year. Our current cloud backlog growth during the second half of 2024, and especially in Q4 will be decisive to lay a solid foundation for our cloud revenue ambition for 2025. At the same time, we’ll continue to execute against our transformation plan to achieve our 2025 free cash flow ambition despite a mid-triple-digit million cash out for restructuring spilling into next year.

Dominik Asam, CFO

Read the Quarterly Statement

SAP and McKinsey Pioneer Value Creation with Value Finder

SAP and McKinsey have joined forces to launch a new initiative called Value Finder, aimed at transforming the way businesses harness value from their processes. The collaboration between SAP and McKinsey is not new; it builds on a robust, long-standing alliance. Earlier this year, they introduced Generative Enterprise, a solution designed to synergize SAP Business […]

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Serving Customers Better with Lean Selective Data Transition

At SAP Sapphire in 2024, Stefanie Kuebler, global head of Business and Data Transformation Solutions at SAP, and her team announced the eagerly awaited lean selective data transition for SAP S/4HANA in SAP Business Transformation Center.

Here, she shares about how the pair work together to help supercharge customers’ digital transformations.

Q: Can you give a little background on SAP Business Transformation Center?

A: SAP Business Transformation Center was envisioned as a one-stop shop for customers that want to transition from SAP ERP Central Component (SAP ERP) 6.0 to SAP S/4HANA. The challenges to such a transformation are, of course, numerous and daunting. Customers need to cull current data, pull together fragmented tool sets, line up the right human resources, and keep an eye on time to value.

With SAP Business Transformation Center, we’ve done our best to bring together the latest functionality and expert guidance to smooth the way – in a single, powerful software-as-a-service (SaaS) offering. And SAP Business Transformation Center is easily accessible, deployed on SAP Cloud ALM atop SAP Business Technology Platform (SAP BTP). It comes with any implementation of RISE with SAP or any cloud solution from SAP and can be ready to use in less than half an hour.

Q: Where can customers go for further details?

A: The support materials at SAP Business Transformation Center include a quick summary of features and benefits, along with the introductory video.

Q: What does SAP see as the core mission of SAP Business Transformation Center?

A: Kilian Carolan from the Premium Hub – CoE Ireland Data Management has described the mission this way: “To play an active part in the SAP S/4HANA adoption journey by supporting key data management and data migration topics and to serve as the trusted advisor for our customers.” He continues to explain that we do this through end-to-end support, including hands-on execution, optimization, transformation, upgrade, and migration of Big Data and data platforms. In short, we apply our vast portfolio of enterprise information management and landscape transformation tools, methodologies, and processes to the customer’s unique transformation scenario.

Q: Where are we in the ongoing evolution of SAP Business Transformation Center?

A: Our first step was to help customers fully understand the structure of their SAP legacy systems through the digital blueprint. This supplied the background they needed to begin scoping the transformation project. And now we’ve completed the second step for moving data across to the target system – with lean selective data transition for SAP S/4HANA.

Optimize your data transformation process and seamlessly transition to a more agile and innovative enterprise

Q: What exactly does the lean selective data transition for SAP S/4HANA do?

A: Data transformation is traditionally a highly complex undertaking, and we’ve made a huge dent in that complexity. Right at the start, lean selective data transition for SAP S/4HANA helps radically reduce the decision-making efforts involved in choosing data to migrate. The underlying principle is to provide smarter suggestions and fewer difficult choices through market-leading services and tools – and end-to-end advice on making the most of them. That approach helps customers ensure that they only move data that will continue to be useful, reducing the volume of data for the testing and go-live phases and accelerating the transition exponentially.

With lean selective data transition for SAP S/4HANA, customers can pare down SAP legacy data and bring the target system live with a clean data foundation. In combination with the digital blueprint, lean selective data transition for SAP S/4HANA can give SAP Business Transformation Center the power to do all the heavy lifting of accessing source systems; extracting, transforming, and loading relevant data; and validating data for completeness, consistency, and correctness.

Q: What types of data can customers choose to exclude from the transfer?

A: For example, they could decide to completely ignore obsolete company codes, such as data for companies they have since divested or which are no longer in use.

Q: What does the wider market see as the single most revolutionary aspect of lean selective data transition for SAP S/4HANA?

A: For the very first time, SAP provides standard functionality not only for complete rebuilds, greenfield implementations, system conversions, or brownfield implementations, but also for projects somewhere in the middle. This is a third path, if you will, and it’s a holistic approach to the big transformation from SAP ECC 6.0 to SAP S/4 HANA Cloud Private Edition.

Q: Can you take us a little deeper into how lean selective data transition for SAP S/4HANA works and how customers can benefit?

A: With the SAP Readiness Check tool for SAP ERP usage and data profiling, we can collaborate with the customer to read the data from the source system and identify legal entities that are no longer in use or will soon be obsolete. SAP Business Transformation Center then can propose that these entities and the associated data are “removed from the scope” before starting the data transition and can provide clear instructions on how to do this. It can also help to identify customer-specific data in the SAP legacy system. Here, too, the customer has the option of leaving this data behind on the way to SAP S/4HANA to support its clean core strategy and move closer to the standard again.

Both these jobs would previously have meant time-consuming manual work for the solution architect – and higher costs and longer time to value for the customer. With the addition of lean selective data transition for SAP S/4HANA to the already popular functionality for digital blueprinting, SAP Business Transformation Center can now provide optimal support and transparency in each phase of the transformation project. It helps customers analyze the source system, define migration scope, create migration cycles, and finally transform the leaner body of data they’ve elected to move across. From strategy to execution, we serve as a trusted partner, helping to ensure that every step of the way leads to meaningful insights and sustainable results. And that lowers both total cost of implementation (TCI) and total cost of operation (TCO).

Q: What have customers been saying about lean selective data transition for SAP S/4HANA?

A: Long-term partner BMW Group, for example, has told us, “This feature significantly speeds up our evolution into an intelligent enterprise by applying sustainable and efficient solutions and methodologies.”


Karin Baeumler is part of Go-to-Market, Business & Data Transformation Solutions, at SAP.

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Revolutionizing Proactive Risk Management to Accelerate Business Process Transformation

Datricks, the leader in AI-powered risk mining, expands its relationship with SAP with the launch of Datricks for Risk Mining as an SAP endorsed app. The solution helps empower organizations to proactively detect, prevent, and mitigate risks through advanced technology and streamlined integration.

The strategic alliance between Datricks and SAP Signavio leverages the strengths of both to deliver unparalleled value to customers, revolutionizing proactive risk management to help accelerate business process transformation. Together, Datricks and SAP Signavio aim to provide a seamless and integrated solution for financial business risk mining and process management that supports both internal controls and business transformation. This collaboration underscores a shared commitment to innovation and excellence, driving forward the capabilities of risk management in the financial sector.

Datricks’ cutting-edge, AI-driven technology, combined with SAP Signavio’s leading expertise in business process transformation, helps deliver a comprehensive solution that can streamline operations and empower organizations to proactively identify and mitigate risks before they escalate into major disruptions. The solution can tackle the gap between business processes and compliance and can reduce long and expensive auditing cycles, allowing our customers to maximize efficiency and reduce costs. Risks and controls are identified by Datricks and then integrated into SAP Signavio solutions to access control and process effectiveness, fostering proactive risk management.

Our end-to-end solution enables customers to:

  • Uncover hidden risks: Datricks’ AI-powered risk mining solution continuously analyzes 100% of customers’ financial data, exposing unseen anomalies and potential threats to financial integrity.
  • Prevent financial and reputational damage: Mitigate risks proactively before they escalate, safeguarding your company’s financial health and reputation.
  • Streamline audits and controls: Eliminate error-prone manual work and enhance existing controls with automated and reliable processes.
  • Gain real-time insights: Receive immediate answers to audit-related questions, identify the root cause of risks, and make informed decisions with confidence.

Datricks for Risk Mining helps automate risk detection and mitigation, ushering in the era of autonomous finance. It seamlessly integrates with SAP Signavio solutions, offering a holistic view of risk and process management. Together, we provide an end-to-end solution for financial business risk mining and process management, supporting both internal controls and process transformations.


Mani Pirouz is chief business officer for SAP Business Transformation Management.

The fastest and most accurate solution for audit and compliance powered by AI

The Future With Intelligent Finance

The intelligent automation revolution has arrived. According to a recent report from McKinsey & Co, this is the third wave of digitization and generative AI, in which businesses can add new unstructured content to analytical AI’s structured data capabilities. This means we see massive productivity gains for businesses, especially regarding their finance operations.

Generative AI: Revolutionize your business with AI built right into your applications

For the CFO and their teams, there is a wealth of opportunity here, but also not inconsiderable risk. The best CFOs are masters of balancing risk with opportunity; those who can do it well right now have an immense opportunity to write a new playbook for AI leadership. That’s because effective AI strategies involve more than just tools. They require a strong sense of where the business value lies and a keen sense for ensuring every technology investment has a clear return for the business — all things savvy CFOs have in abundance.

Two areas that stand out are payments and cash flow management. Recent research from Gartner compared organizations it saw as leading the way with successful AI strategies and implementations with their competitors. The study revealed that 46% of organizations with the most successful AI implementations leverage AI in customer payment forecasting, illustrating the vast potential for AI in this space.

But it’s not just about forecasting accuracy. It has been estimated that as much as $44 trillion is locked in global supply chains at any time. Accessing these funds, or at least ensuring they are working as efficiently as they can for you, can go a long way in helping you invest, expand, or diversify. McKinsey ranks enhanced working capital management as one of the top three areas for AI investment, alongside predictive cash flow forecasting and growth prioritization/M&A targets.

The real game-changer is the natural language-based tools and the capabilities to generate thorough financial scenarios. For example, you could ask, “What are my options to ensure the Board has the $750 million needed to make that acquisition or R&D investment in the year’s second half? What are the three best scenarios to ensure we achieve a free cash flow of $500 million in Q4 of this year?”

Assuming you have the data, the combination of predictive and generative AI will give you the analysis you need and the narrative to provide a clear pathway to your business goal.

Another opportunity is around fraud detection. Electronic payments are standard in many countries and supply chains are increasingly complex, which means the threat of fraud is increasing. AI can detect unusual patterns from typical transaction profiles, minimizing the rejection of legitimate transactions and maximizing the accuracy of fraudulent payments.

Automation is also an area that is ripe for significant leveling up. The future of payments powered by AI strives for complete autonomy, from predicting future incoming payments based on behavioral patterns to independently initiating dispute management in the event of non-payment to automated incoming payment reconciliations.

When we talk about AI’s transformative abilities, the most significant benefit is its ability to support continuous optimization. Whether it’s benchmarking against industry peers, risk modeling, or analyzing supplier behavior to optimize payment, the ability of AI tools to absorb and analyze vast amounts of data and generate scenarios in a multitude of forms gives you the power to act faster, with greater cost efficiency and insight.

Of course, it’s not just the technology that delivers the difference; it’s the combination of technology, financing partners, and processes. AI tools are most effective in the hands of a team that understands how to use them and has the processes in place to enable them to be used effectively. They also require access to vast amounts of data, internal and external.

For many businesses, the most effective and least risky investment is in platforms and technology tools that already have AI capabilities built in and in the people who know how to leverage them.

There is no doubt that the potential for everyone is significant. The early evidence suggests that those who have taken the plunge and are investing strategically are already reaping the benefits.

It points to a future full of incredible opportunities ahead and we are really excited about it!


Scott Russell is chief revenue officer and a member of the Executive Board of SAP SE.
Cedric Bru is CEO of Taulia.

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This story also appeared on SAP BrandVoice on Forbes.

SAP UKI Appoints Leila Romane as New Managing Director

SAP UK and Ireland (SAP UKI) has appointed Leila Romane as the new Managing Director, heralding a new era of growth and transformation for the company. Romane, who will assume her role on August 1st, will be responsible for steering the strategic direction and operations of SAP UKI. Reporting directly to Manos Raptopoulos, President EMEA […]

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SAP Is Leading the AI Revolution in Spend Management and Business Network Software

Your time is precious. Especially during summer, when the outdoors calls – and so do your family and friends.

At SAP, we’ve designed our spend management and business network solutions with this in mind. SAP Ariba solutions, SAP Business Network, SAP Concur solutions, and SAP Fieldglass solutions help you spend less time bogged down by tactical work, giving you more time to focus on strategic initiatives.

Our market-leading solutions help provide complete visibility into your company spending, so your decisions are smarter and your time and money saved. And with AI becoming ubiquitous, we’re automating repetitive tasks and analyzing enterprise-wide spend analytics to identify tail spend, improve compliance, and identify rapidly increasing costs.

Artificial Intelligence Is Changing Everything About Enterprise Software

AI is revolutionizing the global business landscape and SAP is at the forefront. We continuously embed new AI capabilities into our software to deliver intelligent spend management solutions to our customers. With our AI-infused products, work – and your workforce – can be more productive and supply chains more resilient.

At SAP Sapphire in June, we announced more time- and cash-saving product enhancements that provide generative AI capabilities. Here are several of them:

  • New generative AI capabilities in SAP Fieldglass solutions help procurement departments streamline the recruitment of external workers. Hiring managers can generate and maintain effective job descriptions, while project managers can deliver detailed statements of work (SOWs) more rapidly with the press of the “Enhance with AI” button. This can enable businesses to quickly identify and engage contractors with the right skills and qualifications.
  • Business owners and sales executives can now benefit from new generative AI capabilities in SAP Business Network to help generate accurate and timely RFI responses to potential buyers consistently. This can result in a 2-4 times* increase in lead conversion and can reduce effort in responding to requests by up to 75%*.
  • SAP’s generative AI copilot Joule, which can quickly sort and contextualize data from multiple systems to help advance automation and improve decision-making, is expanding throughout SAP’s portfolio and will be embedded in SAP Ariba solutions to help improve procurement processes and supply chain planning by the end of 2024.

The AI enhancements mentioned above are only a few examples of how we’re transforming spend management and how businesses approach procurement through AI. Check out our AI spend management road map to see which new features will soon be available at your fingertips.

Eliminate the mundane and elevate the strategic with generative AI

With the record-breaking travel over the July 4th holiday weekend in the U.S., I would be remiss in not mentioning that Amtrak for Concur TripLink is now live! Released in April, connected customers can book tickets directly on the Amtrak website or mobile app, select the business booking path, and see their company’s negotiated rates while browsing. With skyrocketing airline ticket prices and the extra legroom, I’m on board with taking Amtrak to my next customer meeting.

Our Customers Are Winning

I could talk all day about how our customers are winning with SAP spend management and business network solutions, but these customer examples speak for themselves:

  • Pony.ai needed to meet growing demand as a global leader in autonomous mobility with business units for robotaxi, robotruck, and personally owned vehicles. After implementing SAP Business Network and SAP Ariba solutions, procurement cycle times were reduced by one week on average and the supplier qualification verification process sped up by three times.
  • With the introduction of Japan’s electronic bookkeeping law, CRE Inc., a logistics real estate company, seized the opportunity to digitalize its expense reimbursement process and align with the new regulations simultaneously. It selected Concur Expense to help automate processes and eliminate manual workflows and now spends 80% less time on the expense reimbursement process.
  • When Accenture wanted to gain deeper insights into its services-based spend activity and align procurement with environmental, social, and governance (ESG) commitments, the firm embraced SAP Fieldglass solutions. With rich data on how suppliers deliver against an agreement, Accenture can now effectively tie services spend to individual contracts.

It’s Great Being #1

New honors from Ardent Partners, Procurement Magazine, and TrustRadius have us buzzing with gratitude.

Ardent Partners has positioned SAP Fieldglass as a Market Leader in its 2024 Vendor Management System (VMS) Technology Advisor report**. It reads, “SAP Fieldglass has consistently set the bar for the extended workforce solutions industry through a blend of innovation, advanced analytics, and total talent management functionality.” For a more in-depth view of this win, check out this article from my colleague Vish Baliga.

Procurement Magazine is an established, trusted, and leading voice on all things procurement, and we are honored that our SAP spend management solutions are ranked No. 1 in two of their recent lists:

In May, TrustRadius announced that SAP is the winner of 11 Top Rated awards in 2024. This includes all our flagship offerings in our spend management portfolio:

  • SAP Ariba – Procurement, Expense Management, and Supply Chain Management
  • SAP Fieldglass – Leader in Workforce Management, Vendor Management Systems (VMS), Contractor Management, and Freelance Management
  • SAP Concur – Leader in Expense Management, Accounts Payable, and Travel Management
  • SAP Business Network – Supply Chain Visibility Procurement

The TrustRadius Top Rated awards are annual awards that recognize the most trusted and reliable vendors on TrustRadius, based solely on customer satisfaction ratings in customer reviews. SAP owes this recognition to our valued customers. Thank you for constantly inspiring us to be better. 

Join Us at SAP Spend Connect Live

I hope to see you at the world’s premiere spend management conference, SAP Spend Connect Live, which takes place October 14-16, 2024 in Las Vegas, Nevada. This event is a sure bet to learn how to achieve full visibility into your enterprise spend through SAP’s spend management solutions for procurement, external workforce, travel and expense, and business network.

Meet me at the intersection of procurement and supply chain to learn how analytics and SAP Business AI can provide visibility into both. SAP Spend Connect Live is a unique, in-person networking experience, where you’ll connect with procurement and supply chain leaders from businesses and industries worldwide to share ideas, learn from each other’s success, and discuss best practices.

To learn more and register, visit the SAP Spend Connect Live website.


Jeff Collier is chief revenue officer for SAP Intelligent Spend and Business Network.

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*Disclaimer: Values mentioned in this blog post are estimates based on average industry benchmark numbers, resulting from an SAP analysis. Customers interested in a specific business case calculation can consult their SAP account team.

**Ardent Partners’ 2024 Vendor Management System (VMS) Technology Advisor is designed to help procurement, human resources, human capital, and talent acquisition executives navigate the complex and mature VMS solutions marketplace. This report analyzes and assesses the primary VMS solution providers in the marketplace today. You can read the full report here.

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