The Vendor Management allows to create a new vendor account in the database in an approval workflow controlled by SAP. Since accounting clerks generally aren't allowed to add new vendors by their own the Vendor Management can add new vendors in an approval workflow managed by the Object Release Management.
During the approval workflow all relevant vendor data for a new vendor like address, contact person, bank data, payment terms can be defined and afterwards approved by an authorized employee. This approval workflow will be logged simulaneously and archived fully audit-compliant for complete transparency in the business process.
- Approval workflow to create new vendor data for unknown or new vendors
- Full logging of all steps in the approval workflow
- Full R/3 Integration
Benefits at a glance
- Efficient handling of new vendors
- Guarantee of the 4-eye principle during approval workflow
- Full audit-compliant