Achieve seamless source-to-pay for greater visibility and insight
For companies in the insurance industry grappling with mounting financial pressures, partnering with SAP can not only help to contain costs, but it can also help ensure that suppliers meet performance metrics and deliver a satisfying experience for insurance claimants.
SAP procurement and supplier management solutions facilitate intelligent spend management for all categories and collaboration in real-time with all suppliers over SAP Business Network. While providing both a streamlined buying experience and greater operational flexibility, this also delivers the visibility, intelligence, and insights you need to:
Guide every purchase decision to reduce costs significantly and consistently
Strengthen supplier lifecycle management and performance
Free up resources to invest in new business models
The SAP Advantage
Intelligent spend management
Bring spend data together from across sources and categories to understand and reduce total costs; make smarter, faster spending decisions; and improve cash flow.
Expert supplier enablement
Work with SAP to on-board your suppliers to SAP Business Network with education, tracking, and support. As many of your suppliers are likely already on the network, we can identify and match them with your account.
Comprehensive contract management
Centralize contract storage, automate and accelerate the contract lifecycle, and strengthen operational, contractual, and regulatory compliance to enforce terms and minimize leakage.
Efficiencies at Scale
Automate repeatable tasks across all spend categories – including indirect spend and external workforce – to deliver operational excellence to the organization at lower cost.
Better supplier management
Take advantage of comprehensive tools to reduce onboarding and qualification cycle time, drive spend to preferred suppliers, and scale compliance for your entire supply base.
Explore SAP Solutions
SAP Ariba Solutions
With SAP Ariba procurement and supply chain solutions and SAP Business Network, you can digitalize and improve the buying process from source to pay, while you control spending, find new sources of savings, and build a healthy supply chain.SAP Ariba Solutions
SAP Fieldglass Solutions
On a cloud-based platform you can streamline and automate the full external workforce lifecycle, tapping into a deeper pool of external workers, gaining greater visibility into spend, and becoming flexible enough to thrive in a changing insurance marketplace.SAP Fieldglass Solutions