Report savings when awarding a supplier

When awarding a supplier, enter the spend and savings data for the sourcing event associated with the pipeline project.

Before you begin

Role required: sn_spend_pipeline.pipeline_management_admin

About this task

The sourcing event that you plan to work on, and all its associated negotiations, sourcing requests, and purchase lines must be in the Requires Decision state. When negotiations are complete for a sourcing event, you can award one or more suppliers. Awarding suppliers creates purchase requisitions for the selected suppliers and items.

Procedure

1. Navigate to Source-to-Pay Workspace.
2. Select the list icon () and do one of the following:
   • Navigate to Lists > My work > Sourcing events.
   • Navigate to Lists > All work > Sourcing events.
3. Open the sourcing event that is in Requires Decision state.
   
4. Select Award.
   The Award to a supplier dialog box is displayed.
5. In the Supplier field, select a supplier, and then select Next.

   

6. Enter the spend and savings data in the Final spend, Cost avoidance, Lost savings, and Other savings fields.
   

   Note:

   The Review financials modal is displayed only if the sourcing event is associated with a pipeline project.

   The Hard savings field is auto-populated and displays the cumulative savings from all sourcing events associated with the pipeline project. This value is calculated by summing the Negotiated savings from all closed purchase requisition lines (PRLs) within the sourcing events.

   You can edit the Hard savings field if you’d like. If you edit the Hard savings field, a warning message appears indicating that the entered value differs from the cumulative negotiated savings on PRLs. This warning is shown only if there are negotiated savings on any PRL.

7. Select Submit.