SPM

Which elements of the SAP Concur portfolio can help improve sustainability efforts? Note: There are 3 correct answers to this question. Prohibit all non-essential travel to minimize environmental impact. Build trust with stakeholders by providing transparent and verifiable data on sustainability efforts. Measure and report on sustainable indicators to enable data-driven decisions to enhance sustainability efforts. Reduce the number of business trips to achieve sustainability. Provide travelers with options for eco-friendly transportation and accommodations to align with sustainability goals.

Which of the following best describes the primary benefit of integrating Concur Expense and Concur Travel into a single platform?. It provides advanced analytics specifically for forecasting future expenses. It allows businesses to reduce their overall travel budget. It enhances overall business performance through improved efficiency and transparency. It simplifies the process of tracking individual employee performance.

Which of the following are the benefits of integrating SAP's spend management single Source-to-Pay (S2P) platform? Note: There are 2 correct answers to this question. Enhanced ability to personalize procurement strategies for different departments. Increase in time required to negotiate contracts. improved access to consistent information across all stakeholders. Elimination of manual data entry, reducing error risks.

What advantages does the Intelligent Audit feature provide in the context of expense management? Note: There are 2 correct answers to this question. Ensures policy compliance and identifying potential fraud. Enhances automated billing processes. Provides deeper insights and enhances decision-making. Eliminates the need for human auditors completely.

What are the key functionalities of SAP Ariba Sourcing with AI that streamline the sourcing process? Note: There are 3 correct answers to this question. Suggests AI-driven contract terms. Generates a list of potential suppliers based on user preferences and historical purchases. Offers tailored questions for suppliers based on historic sourcing activity. Seamlessly integrates information from spreadsheets into requests. Generates a list of supplier preferences and locations.

Which of the following features are part of SAP Concur's solutions designed to streamline business processes and improve efficiency? Note: There are 3 correct answers to this question. Provision of real-time insights from consolidated spending data on travel and expenses to aid in budgeting and forecasting. Mobile access for managing and booking business trips through the SAP Concur mobile app. One-click start to finish booking of Travel and Expense. Creation of personalized travel itineraries for employees based on their preferences. Integration of travel booking with automated expense reporting to simplify the travel expense management process.

What is the purpose of discovery questions in initial customer discussions?. To demonstrate the unique features of your solution. To gain insights and tailor your discussion more effectively. To negotiate pricing and terms of the deal. To expedite the sales cycle and close deals faster.

What key market trend is driving the need for integrated Spend Management solutions?. Increased reliance on manual procurement processes. Decreased focus on sustainability considerations. A shift toward AI-driven tools. Emphasis on visibility into spending patterns.

How does SAP Spend Management address the challenge of fragmented processes in Procurement?. By increasing reliance on manual tracking methods. By eliminating the need for analytics in Procurement. By integrating data and processes for a holistic view of spend. By improving siloed solutions for specific departments.

Which of the following elements of the SAP spend management's Source-to-Pay (S2P) platform contribute to enhanced compliance? Note: There are 2 correct answers to this question. Provision of audit trails and documentation features. Built-in compliance checks and automated workflows. Manual verification processes to ensure compliance with regulations. Enhanced ability to prepare forecast reports for financial planning.

How does RISE with SAP enhance spend management capabilities?. By facilitating cloud transformation. By increasing complexity of procurement automation. By reducing focus on cloud solutions. By focusing on on-premise systems.

Which strategy is crucial for successfully managing travel and expenses using SAP Concur solutions?. Prioritizing the frequent traveler’s preferences. Understanding and defining key personas involved in the process, to tailor solutions to their distinct priorities. Focusing on the perspectives of C-suite executives when evaluating SAP Concur solutions. Enforcing uniform travel policies that apply to all employees, regardless of their role.

When analyzing Receivables Management Processes, SAP Business AI brings in several automated functionalities. Which of the following belongs to those functionalities? Note: There are 2 correct answers to this question. Mass Update of Journal Entry Details Without Impacting Financial Postings. Automated Release of Supplier Invoice upon Customer Payment. Collection and Update of Dispute Case Information. Intelligent Collections Management.

What is the main advantage of understanding the key procurement personas in the context of SAP Fieldglass?. To streamline the onboarding process for new suppliers. To manage and track service level agreements (SLAs). To ensure you say the right things to the right person at the right time. To automate the invoicing processes.

In SAP Fieldglass, which AI enhancement aids buyers in reflecting clear job requirements without bias to their suppliers?. AI-generated resume analysis. AI-assisted creation of statements of work. AI-generated SOW descriptions. AI-assisted position summary.

How do customers benefit from implementing SAP Ariba?. Expanding the complexity of procurement processes. Expanding on-premise solutions. Narrowing sourcing for direct materials only. Increasing focus on manual order processing.

Which feature of SAP Concur uses Generative AI to automatically itemize complex hotel receipts?. ExpenseIt. Verify. Intelligent Audit. Concur Request.

Why is Spend Management critical for organizations today?. It prioritizes short-term savings over long-term strategic benefits. It enables improved compliance, cost savings, and alignment with sustainability goals. It eliminates the need for automation in procurement processes. It focuses on reducing the need for supplier collaboration for increased efficiency.

Which key features of SAP Ariba contribute to optimizing Procurement processes? Note: There are 2 correct answers to this question. Limiting supplier collaboration requirements. Increased focus on manual approvals. Automation of manual Procurement tasks. Integration with other solutions.

How does SAP Fieldglass enable businesses to enhance visibility and compliance? Note: There are 2 correct answers to this question. By providing real-time analytics. Through automated procure-to-pay processes. With dedicated compliance management tools. By supporting diverse contingent labor requirements.

Within the SAP Business Suite, what is the main function and significance of SAP Spend Management?. It operates independently without integration with other SAP applications or external data sources. It concentrates on automating basic procurement tasks without the need for integration. It is primarily used for inventory control and production planning. It plays a crucial role in managing supply chain disruptions and promoting sustainable practices.

How does SAP Ariba enable businesses to align with sustainability goals? Note: There are 2 correct answers to this question. By focusing on cost savings. By providing tools to track and manage environmental impacts. By fostering relationships with environmentally-responsible suppliers. By prioritizing the need for manual compliance measures.

What are the advantages of using SAP Fieldglass? Note: There are 3 correct answers to this question. Increases agility and cost reduction. Improves internal employee management. Helps companies adapt quickly to changing market demands. Automates internal recruitment processes. Streamlines the management of external workforce.

Which aspect of SAP Ariba showcases its end-to-end capabilities?. Tracking of supplier performance. Isolation of spend data across different departments. Enhanced focus on non-PO invoices. Automation of procurement processes from sourcing to payment.

What is the main benefit of using SAP Business Technology Platform (BTP) for Procurement?. Enhance procurement and expense management across the organization. Improve manual procurement processes. Tailor services for business transformation goals. Optimize procurement processes using seamless integration and automation.

How does SAP Ariba Category Management with Generative AI enhance category strategy development? Note: There are 2 correct answers to this question. Enriches and categorizes spend data. Provides contextual insights for decision-making. Reduces onboarding time for internal employees. Automatically captures supplier selections.

What challenges could potential clients face that would lead them to implement SAP Fieldglass? Note: There are 2 correct answers to this question. Time-consuming onboarding. Workforce payments. Fragmented labor management. Data privacy regulation issues.

What are the key benefits of using the SAP Fieldglass Analytics Add-on? Note: There are 3 correct answers to this question. Interactive Dashboards. Access to Real-Time Data. Replace the need for standard reporting. Automates report creation. Benchmarking KPIs.

What feature in SAP Fieldglass helps reduce the screening time of candidates by showcasing the most relevant skills and qualifications using AI?. AI-generated work statements. AI-generated resume analysis. Conventional role-change entries. Traditional manager referrals.

What are the primary benefits of SAP Ariba for businesses? Note: There are 3 correct answers to this question. Improved supplier collaboration. Enhanced travel expense reports. Compliance and risk management. Limiting integration with other external systems. Increased cost efficiency.