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Hyperautomation for procurement processes for better control and greater value
Hyperautomation is a term that got coined by technology research and consulting firm Gartner in 2020. In a nutshell, it describes a business-driven approach to automating as many business processes as possible using multiple technologies.
That sounds complicated and very heavy on the technology side. But it doesn’t have to be. In fact, you can start small with incremental projects. Increase your automation rate yielding immediate results. Leverage your existing investments in SAP procurement solutions. And gain experiences on which to build your journey to hyperautomation.
Either you are a decision maker in procurement, or you are working in IT and some of your stakeholders are. Then you are probably using core procurement solutions like SAP Ariba Buying and Invoicing for your procure-to-pay processes or SAP Ariba Invoice Management for invoice processing. These packaged business applications deliver best practice processes to ensure maximum efficiency. Yet, there are manual or semi-automated steps or tasks that either precede or follow system transactions. For example, the extraction of purchase order information from unstructured data like PDF or e-mail. The creation of purchase requisitions from structured data like Excel files. Or paper-based invoice posting. Innovative technologies like process automation and artificial intelligence can extend the capabilities of your core solutions and automate these processes and tasks for you. What’s more, process intelligence enables you to identify improvement potential in your procurement processes so you can take a data-based approach to improving efficiency and resilience and reducing costs and cycle times.
To get started on your journey to hyperautomation, please listen in on our LinkedIn Live conversation:
How Hyperautomation Can Accelerate Procurement Transformation
Tuesday, October 20
5 pm CEST | 11 am EDT
Discover tangible automation scenarios enhancing your procurement solutions. Five guided demos, each highlighting one specific scenario how process automation technologies by SAP help solve a particular challenge in procurement.
Hyperautomation Community Series
Hyperautomation for Procurement
Go-Live Tuesday, October 20
Click here to explore our guided demos
No registration required
