There is more technology available today than ever before in history. Technology is growing at an exponential rate, and businesses are forced to keep up or get left behind in the fiercely competitive global economy. What’s important not to forget amidst the buzz and excitement around some of the current technology trends in business (you know what I’m talking about) is the fundamental digital elements that help businesses bring out their best. In a hyper-connected and interdependent ecosystem, no business does business alone. Therefore, it is crucial that businesses have the technology in place to be able to collaborate efficiently and effectively with other businesses.
Read JP Moulin from our supplier Prenax’s insightful perspective on change in business.
What is SAP Business Network?
SAP Business Network modernizes how procurement and supply chain processes are connected across companies. It closes the break point between buyers and suppliers by enabling document collaboration with configurable business rules, data sharing, and trading partner search and discovery. This helps companies gain greater visibility into their supply chain, increase operational efficiency, and ensure compliance.
What is an SAP Business Network supplier account?
To join and access SAP Business Network, organizations looking to sell can sign up for a standard account for free. This account enables suppliers to
- digitally exchange documents and collaborate with their customers,
- get discovered by new customers,
- receive leads and participate in sourcing events,
- have greater visibility into their transactions,
- optimize their business for compliance with customer requirements,
- and customize their experience.
Who should use a standard account?
Any organization can sign up in just a few minutes for an account and begin using it. It is an excellent resource to expand your global reach, especially for suppliers who are looking for business opportunities to grow their business and get discovered by new customers to develop business relationships.
Size:
The standard account is ideal for companies of all sizes, ranging from small to medium-sized businesses (SMB) all the way to large enterprises.
Industries:
SAP Business Network spans many industries, including but not limited to products and services in the following industries:
- Construction & Maintenance Services
- Computer Hardware, Software & Telecom
Why use an SAP Business Network supplier account / standard account?
A supplier account on SAP Business Network truly has all the features you need to successfully collaborate with your customers and grow your business.
Business Outcome | Feature |
Streamline business processes | - Digitize transactions and reduce errors with e-invoicing and electronic order management for an unlimited number of documents
- Manage multiple customers in one place
|
Enhance customer collaboration | - Message customers about documents; messages are then automatically embedded in the document
- Receive critical updates from customers through buyer announcements
|
Improve visibility over key business insights | - Easy access to important information, such as document and payment status and key performance indicators (KPI) analytics in one place
|
Optimize for compliance with customer requirements | - Automatically validate orders and invoices (based on buyer-configured rules)
- Demonstrate compliance with legal and customer requirements with the standardized human rights self-assessment
|
Customizable user experience | - Customize the tools available based on your business needs with account management features
- Access to SAP Business Network Supplier mobile app to keep up with orders on-the-go
|
Greater discoverability | - Suppliers can get discovered by interested buyers with a searchable company profile that includes sustainability ratings and certifications, product keywords, and operational locations
|
More business opportunities | - Grow your business and build long-term customer relationships in a thriving global network of trading partners by participating in sourcing events and receiving new leads from SAP Business Network Discovery postings
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If you are not a member of SAP Business Network already, sign up today for a world of possibilities for your business!
