 |
| ||||||||
SA-12332
The On-time payment rate KPI and benchmarking widgets allow suppliers to compare the performance of their customers to the aggregate performance of the network by supplier region, buyer industry, and performance quartile.
Empowerment and process improvement starts with measurement. Suppliers cannot change what they cannot see. Suppliers fail to get benefits if results are not measured. Many companies who adopt new technology don't have time to measure and track results. If suppliers are not paid on-time, it impacts their bottom line.
On-time payment is one of a number of KPIs that may indicate the business results of SAP Procurement. Suppliers can see results from their acceptance of early payment offers. The more the supplier uses the capability the larger the percentage of on-time a payments will be flagged as early. Suppliers can clearly see which customers pay on-time and which ones pay late and how often. Suppliers can identify customer behaviors and patterns that can be used in contractual negotiations and in quarterly business reviews.
Supplier
Automatically On
Ariba Network
SAP Ariba Discount Management
Must have the Payment Activities permission to view KPI and benchmark widgets
Must have a Bronze level Enterprise account to view benchmark widgets
The value of transactions is USD only. The intent of KPI widget is to compare the customers performance to the aggregated behavior of the network. As such, the comparison and the standard for comparison is in USD.
The data is not real time and is presented for prior complete periods only. This ensures the performance calculations are fair and not just based on a few days in the opening of a new period.
These widgets do not include payment data from test accounts.
SAP Business Network 2108