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09-20-2024 03:30 AM
Hi all,
Does anyone have hands on with Source to Pay
I have some doubts with Purchase order concepts in that. If anyone have any documents kindly share.
Thanks in advance
Regards
Vengadesh
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09-23-2024 08:40 AM
Below are the sequence of steps the process would follow end to end.
-
Purchase Request Created: A user initiates the process by creating a purchase request in ServiceNow.
-
Agent Starts Negotiation: A procurement agent reviews the request and begins negotiating with potential suppliers.
-
Get Quotations: The agent solicits and collects quotations from various suppliers based on the request specifications.
-
Award Supplier: After evaluating the quotes, the agent selects and awards the contract to the most suitable supplier.
-
Purchase Order Created: A purchase order (PO) is generated in the system, and individual lines (PO Lines) are created for each product or service included in the order.
-
Supplier Fulfills the PO: The selected supplier processes the order and begins fulfillment.
-
Supplier Informs Shipping Details: The supplier provides shipping details, informing the buyer of the shipment status.
-
Delivery Confirmed: The user confirms the delivery of goods or services, marking the order as received.
-
Invoice Received: The supplier sends an invoice for the delivered items.
-
Invoice Validation: The invoice is validated against the original PO and receipt to ensure accuracy.
-
Invoice Approved: Once validated, the invoice is approved for payment.
-
Payment Scheduled: The payment is scheduled based on the approved invoice.
-
Payment Complete: Finally, payment is completed, closing the procurement process.Note this is not exhausting all the possibilities but just a high level overview.
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09-21-2024 03:24 AM
I am not sure what type of questions you have about it but the official documentation can be found in the link below:
https://docs.servicenow.com/bundle/xanadu-source-to-pay-operations/page/product/sourcing-procurement...
If you have specific questions, please ask specifically.
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09-23-2024 03:10 AM
Hi @FlavioD ,
I want to know the procurement process workflow and supplier chain management process flow in S2P
I want an overview of how the procurement process works.
Thanks in advance!!!
Regards
Vengadesh
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09-23-2024 08:40 AM
Below are the sequence of steps the process would follow end to end.
-
Purchase Request Created: A user initiates the process by creating a purchase request in ServiceNow.
-
Agent Starts Negotiation: A procurement agent reviews the request and begins negotiating with potential suppliers.
-
Get Quotations: The agent solicits and collects quotations from various suppliers based on the request specifications.
-
Award Supplier: After evaluating the quotes, the agent selects and awards the contract to the most suitable supplier.
-
Purchase Order Created: A purchase order (PO) is generated in the system, and individual lines (PO Lines) are created for each product or service included in the order.
-
Supplier Fulfills the PO: The selected supplier processes the order and begins fulfillment.
-
Supplier Informs Shipping Details: The supplier provides shipping details, informing the buyer of the shipment status.
-
Delivery Confirmed: The user confirms the delivery of goods or services, marking the order as received.
-
Invoice Received: The supplier sends an invoice for the delivered items.
-
Invoice Validation: The invoice is validated against the original PO and receipt to ensure accuracy.
-
Invoice Approved: Once validated, the invoice is approved for payment.
-
Payment Scheduled: The payment is scheduled based on the approved invoice.
-
Payment Complete: Finally, payment is completed, closing the procurement process.Note this is not exhausting all the possibilities but just a high level overview.
- Mark as New
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09-23-2024 09:53 PM