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Since 2019, Microsoft and Icertis have redefined how business leaders unlock #value from their contracts. With Icertis for Microsoft Dynamics 365 Supply Chain Management, we’re empowering customers to; ? Grow Revenue: Reduce delays in #procurement & contract approvals, enabling faster, coordinated decisions that support revenue growth. ? Control Costs: Provide clear visibility into supplier contracts & obligations, empowering leaders to negotiate optimal pricing & avoid profit losses. ? Mitigate Risk: Automate risk analysis, powered by Microsoft Azure and AI-driven insights, identify & manage supplier risks proactively. ? Manage Compliance: AI-driven contract monitoring tracks compliance with key clauses, supporting legal & regulatory adherence. Click below to discover more about our latest co-innovation. #scm #innovation #cloud #clm #ai #genai #enterprise #saas #technology #MSpartner

Since 2009, Microsoft and Icertis have redefined how business leaders unlock #value from their contracts. With Icertis for Microsoft Dynamics 365 Supply Chain Management, we’re empowering customers to accelerate contract turnaround times, cut costs, and confidently manage #risk. Learn more about our latest co-innovation. #SCM #Innovation #MSpartner

Since 2019, @Microsoft and Icertis have redefined how business leaders unlock #value from their contracts. With @Icertis for Microsoft Dynamics 365 Supply Chain Management, we’re empowering customers to accelerate contract turnaround times, cut costs, and confidently manage #risk. Learn more about our latest co-innovation. #SCM #Innovation #MSpartner

Since 2019, @Microsoft and Icertis have redefined how business leaders unlock #value from their contracts. With @Icertis for Microsoft Dynamics 365 Supply Chain Management, we’re empowering customers to accelerate contract turnaround times, cut costs, and confidently manage #risk. Learn more about our latest co-innovation. #SCM #Innovation #MSpartner

?? Looking to streamline the data exchange with your #supplychain? Discover how ? https://sie.ag/4Q4JBN ? #Data #Supplier #PLM #Siemens #Teamcenter #PLM #SaaS #AI #SupplierManagement

*Microsoft's Approach to Integrated Procurement* Microsoft aims to create a frictionless, highly efficient, and transparent procurement process by heavily leveraging its own technology stack. The driving principle is to provide an end-to-end solution, minimizing the need to hop between separate systems. Key Components and Strategies Dynamics 365 Supply Chain Management: Forms the backbone of the procurement process. Handles core procurement functions like: Requisition management Vendor selection and management Purchase order creation Goods receipt Invoice matching and processing Microsoft SupplierWeb Centralized portal for supplier interactions Streamlines onboarding, information management, collaboration, and access to purchase orders/invoice status for suppliers. Azure and Artificial Intelligence (AI): Provides the infrastructure to facilitate: Automated invoice matching, reducing errors & manual work Risk analysis and mitigation in supplier selection Spend analytics for data-driven decision making Predictive demand forecasting Power Platform Low-code/no-code tools for extending functionality: Workflow customization to match specific business needs Development of dashboards to visualize procurement KPIs (Key Performance Indicators) Integration of legacy systems into the procurement flow Examples AI-powered invoice matching: Dynamics 365, leveraging Azure machine learning models, can match invoices to purchase orders and receipts. This reduces processing time and minimizes errors. Supplier performance insights: Spend analytics within Power BI analyzes historical supplier data. This informs decisions on future contracts and negotiations. Custom workflow for approvals: Power Automate builds multi-stage approval workflows tailored to specific purchases, ensuring proper controls are in place. Benefits of Microsoft's Integrated Approach Efficiency: Automation, streamlined workflows, and centralized data improve productivity. Visibility & Transparency: Real-time information from supplier interactions to payment provides insights and traceability. Data-driven Decisions: Spend analytics and AI-powered recommendations optimize procurement strategies. Compliance & Risk Mitigation: Standardized processes, automated controls, and supplier risk analysis help to enforce company policies and reduce risk. Improved Supplier Collaboration: Tools like SupplierWeb encourage communication, strengthening vendor relationships. Sources Microsoft Procurement Website: https://lnkd.in/gyFdeY8u Dynamics 365 Supply Chain Management Overview: https://lnkd.in/gVKuJyeJ Microsoft Inside Track Blog (Supplier Experience): https://lnkd.in/gzGcBGXF

Introducing Traceability add-in for Dynamics 365 Supply Chain Management - Microsoft Dynamics 365 Blog https://bit.ly/3SxEGmH #SupplyChain #Microsoft #d365 #microsoftdynamics365 #microsoftdynamics #msdyn365 #dynamics365

Check out our newest blog on rolling forecasts in Microsoft Dynamics 365! Learn more about benefits, uses, and set-up to accurately predict demand. #MSDynamics #SupplyChainManagement https://lnkd.in/gqiW5ZzT

Discover how purchasing solutions through the Microsoft Commercial Marketplace can drive cost savings, streamline procurement, and enhance financial flexibility. By leveraging this approach, you can optimize spend and maximize ROI. Explore the transformative impact of the Microsoft Marketplace in our latest blog! #EconomicImpact #MicrosoftMarketplace #CostSavings #DigitalTransformation #BusinessEfficiency #MicrosoftPartner

Discover the path to success in #ContractManagement! Dive into our insightful collaboration with World Commerce & Contracting and Salesforce, shedding light on the essence of IT, business intricacies, and the significance of data & tech. Elevate your #CLM expertise today! Get the report: https://okt.to/24HmRi