A business establishment not
consist of a single system but several integrated systems. To handle
with such complexities, SAP Process Integration platform provide a
single point of integration for all systems without touching existing
complex network of legacy systems. This is a powerful middleware to
provide seamless end to end integration between SAP and non-SAP
applications inside and outside the corporate boundary. SAP Process
Orchestration supports B2B as well as A2A exchanges, supports
synchronous and asynchronous message exchange and includes built in
engine for designing and executing Integration Processes.
Procure to Pay, also known as P2P , is the process of obtaining the raw materials needed for manufacturing a product or providing a service, and making payment for these. Every manufacturing concern or service provider needs to run this cycle efficiently if they are to continuously manage their cash flow, build goodwill with suppliers and make profits. Steps of the Procure to Pay (P2P) Cycle: * The process begins with planning what materials are required, when they are required, and the price that the company can afford to pay for them. * Then the company prepares a list of vendors that they think can provide the materials for them. * The company asks each of the vendors to submit a quotation, which includes the price, terms of delivery, quality of materials, and any other information that they need for making their decision. This stage could also involve negotiating with the vendors for the best deal. * Once a vendor has been chosen, t...
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