If you’re new to the network and are looking to onboard your vendor database, the likelihood that a number of your suppliers are already on the network is quite high. SAP Business Network has over 2 million transacting suppliers. Faster time to value with suppliers that have already adopted the network Apart from the tedious task of maintaining different sets of details for individual connections, oftentimes, some platforms will require users to log in and out of different accounts to transact with different customers.Ģ. This means that your suppliers need to have individual connections with each one of their customers and maintain separate sets of details. A supplier portal will have a one-to-one connection. Now, let’s compare this to a supplier portal. This improves supplier adoption and helps them be more responsive to their customers’ business needs. They now have one channel for clean, standardized data to process transactions from multiple customers. For high-volume suppliers who transact thousands of documents per year, they can integrate the network directly with their back-end systems. This means that your suppliers only create and maintain one company profile, one set of business assessments, one account number and one set of credentials for every customer they are connected to on the network. In a true business network, buyers and suppliers only need to onboard once and they can connect to many other organizations that are already on the network. Improved efficiency and standardization with many-to-many connections vs one-to-one The following sections below will also explain how a business network benefits both buyers and suppliers over portals.ġ. Before getting into the details, there is one thing to make clear: SAP Business Network is a true business network. This blog lists the 3 key differences between a supplier portal and a business network, and the advantages of a true business network. However, the definitions have blurred in many ways through marketing and vendors positioning their solutions against each other. The discussion differentiating between supplier portals and a true business network is not new.
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