To manage this, screening lists, provided and updated by governments and institutions across the world, can be used. For many businesses, it is legally required to check their business partners. Working with a suspicious supplier or with suspicious data could damage both revenue and reputation. Risk management helps to protect companies from making bad decisions about the choice of their suppliers. In addition, multiple cleansing scenarios are foreseen to make or keep your data clean (SAP MDG Mass Processing and Consolidation). Creation and modification of suppliers can be done through change requests that are approved based on an approval workflow running behind.
SAP MDG-S is an out-of-the-box solution to centrally govern, maintain and distribute your supplier master data. Suppliers can also register themselves to collect and manage detailed profile information. You can add new suppliers to your database using internal and external requests. In short, SAP Ariba Supplier Management is a cloud-based suite that provides a set of linked tools to manage suppliers. This blog presents some features of both products and some differences between them. The key requirement was to provide our recommendation regarding which solution to use, especially when it comes to Risk Management. Recently we have been requested to present a comparison between SAP Ariba Supplier Management and SAP Master Data Governance: Supplier.
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