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    Saurabh Singhal
    Cloud Fusion Procurement supports Flexible Procurement...
    Topic posted February 18, 2016 by Saurabh SinghalGreen Ribbon: 100+ Points 
    127 Views, 1 Comment
    Title:
    Cloud Fusion Procurement supports Flexible Procurement Models
    Summary:
    Cloud Fusion Procurement supports Flexible Procurement Models
    Content:

    Cloud Fusion Procurement supports Flexible Procurement Models

    (1) Complete Shared Services - In this case the Shared Service Center itself will make the receiving? And, then initiate intra-company invoicing?

    (2) Transfer Procurement to Local BU - In this case, the second Business Unit is doing receiving on behalf of first Business Unit.

    Kindly share more pointers on this to clarify further.

    Thanking you

    Regards,

    Saurabh Singhal.

    +91 - 8884 111 518.

     

    Comment

     

    • Michael Webb

      Saurabh

      Shared service centers support the procurement function and/or the payables function for one or many BU's (typically denoted as requisitioning BUs)

      As an example, and organization may have 4 facilities (one being the head office), each being a requisitioning BU and where goods/services are delivered to (Inv Org).

      The organization may decide to centralize the purchasing and payables functions to the Head office facility (BU). In this case, the Head Office is performing a (shared) service for the other three facilities. Note that the requesting and receiving function resides at each facility.

      It is also possible to have the shared service BU perform the service on behalf of BU in different Legal Entities, which will invoke the inter company accounting.