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Procurement isn’t just about efficiency and cost savings. It can also be about creating positive social and environmental impact for the communities and stakeholders your organization serves. Whether you’re a public sector or a private entity, you may have social and environmental procurement targets or policies that require you to source goods and services from diverse, environmentally friendly, local or underrepresented suppliers, such as Indigenous-owned businesses in Canada.
But how do you measure and report on your social and environmental procurement performance? How can you identify opportunities to improve your social and environmental procurement practices and outcomes? And how can you communicate your impact to your customers, investors and the public?
To help organizations navigate these questions around risk and controls as well as environmental, social and governance (ESG) performance, we've developed our SAP Social Procurement Management solution, a technology-enabled tool that helps you understand, manage and report on your social procurement data and practices.
Our solution reflects our commitment to the human aspect of business by integrating leading tools such as SAP Ariba, along with SAP Analytics Cloud via the SAP BTP (Business Technology Platform). Using SAP Analytics Cloud to generate operational reports and dashboards while Workiva ESG reporting provides last mile reporting to shareholders, stakeholders, and governments, we offer a cloud-based platform that is as adaptable as it is powerful.
This approach enables our solution to not only be fully cloud-enabled but also rapidly deployable in various configurations to meet your unique ESG needs, such as compliance with Canada’s Modern Slavery Act. It's a testament to our belief that technology should enhance, not replace, the human element of decision-making.
Our solution helps companies understand and analyze social and environmental procurement data and practices, which lets them implement changes that positively impact and deliver sustained outcomes for local, regional, and global communities. It also helps them meet rising expectations for more transparency around regulatory controls and ESG practices, which is critical to building trust with stakeholders, including customers, investors and the public. By using our solution, we can help you:
Partner, SAP Retail and Consumer Markets Leader, PwC Canada
Tel: +1 514 297 5610