What is process automation in SAP SRD-SRM - SRM-Supplier Relationship Management?

SAP Term: process automation

• Component: SRD-SRM

• Component Name: SRM-Supplier Relationship Management

• Description: The implementation of an automatic alternative to replace, or supplement a manual process. For example, the purchase order acknowledgment process can be automated by enabling XML and EDX data exchange with suppliers, and supplemented by using optical character recognition OCR for data entry.

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• Key Concepts: 
  Process automation is a feature of SAP Supplier Relationship Management (SRM) that enables organizations to automate their processes related to supplier management. This includes tasks such as creating and managing contracts, tracking supplier performance, and managing supplier relationships. Process automation helps organizations streamline their processes and reduce manual effort. 
  
  How to use it: 
  Process automation in SAP SRM can be used to automate the entire process of supplier management. This includes creating and managing contracts, tracking supplier performance, and managing supplier relationships. The process automation feature also allows organizations to set up automated alerts for when certain conditions are met, such as when a contract is about to expire or when a supplier’s performance is below expectations. 
  
  Tips & Tricks: 
  When setting up process automation in SAP SRM, it is important to ensure that the automated processes are set up correctly. This includes setting up the correct triggers for when the automated processes should be triggered, as well as ensuring that the correct data is being collected and analyzed. Additionally, it is important to ensure that the automated processes are regularly monitored and updated as needed. 
  
  Related Information: 
  For more information on process automation in SAP SRM, please refer to the official SAP documentation here: https://help.sap.com/viewer/product/SRM/7.5/en-US