Sourcing and Contracts
We execute category management, sourcing and supplier management in the most efficient way, while streamlining operations through digital supplier integration and robotic process automation.
Streamlining through Support
In our Sourcing & Contracts Services, we partner with you to provide critical support for strategic procurement processes. We help you to execute Sourcing and Supplier Management, Supplier Qualification, Commodity Management and P2P Tax Services support to ensure compliance while streamlining your operations through Digital Supplier Integration and Robotic Process Automation.
Our P2P Analytics help you to explore new P2P opportunities internally as well as externally, utilizing the power of data and P2P expertise. Our Application Helpdesk Services combine human and digital workforce elements providing answers for all your tools and solution inquiries.
Discover the full Sourcing and Contracts Portfolio
- Sourcing Support
- Supplier Management
- Sustainability Management
- Material & Software Management
- Technical Management Services
- P2P Analytics and Controlling
- P2P Controls
- Process Automation
- Application Management
- Application Support
- Digital Supplier Integration
- Helpdesk
- Project Support
- Tax Services Support
Benefits
- Streaming of your procurement processes in order to achieve greater efficiency and cost savings.
- Time savings in decision-making in sourcing projects.
- Reduction of manual effort in the process from inquiry to contract.
- Reduction of purchasing costs through more transparent negotiations.
- 100% compliance through documented, traceable procurement processes
Explore some of our services
eSourcing is a key pillar to achieve savings leveraging digital processes in today's SCM – at GBS P2P we have the eSourcing expertise that you are looking for. Our eSourcing services focus on the analysis of eBiddings and eAuction projects including the Sourcing Event preparation, designs and executions.
Using eSourcing software will streamline workflow, save time, and let users perform the sourcing process electronically online through automation. eSourcing replaces inefficient and less effective manual methods that sourcing professionals have customarily used for sourcing activities. We incorporate negotiation expertise as well as leading electronic sourcing practices in your organization and increase your negotiation success.
Contract Management services include the creation, upload and maintenance of documents in SCM Star or other applications.
Continuous Controls Monitoring (CCM) Alert Handling. We provide an end-to-end service for Our CCM alert handling by performing the service to assist in the review, clarification, and closure of CCM alerts.
In today's complex supply chains, many steps are outsourced to suppliers and their sub-suppliers. However, with so many moving parts in the supply chain, how do we perform robust supplier qualifications that ensure vendors are qualified to produce a product that meets all requirements? We have the answers. We provide services to ensure suppliers are ready to do business (R4B) with Siemens. Our Supplier Qualification service provides the opportunity for suppliers to increase their efficiency concerning substance declaration through the utilization of the BOM check tool.
Robotic automation solutions are a key part of the digital transformation that reduces operating costs while boosting efficiency, data quality, and productivity, as well as helping to optimize your resources. We replace hard work with smart work through robotic process automation-based solutions.
GBS P2P 1042 tax services include a daily review of all foreign vendor invoices prior to payment to ensure tax withholding is properly handled. We make IRS payments on time for any withhold-able amounts throughout the year. We obtain and review all W-8 forms to ensure tax compliance and ensure form renewal is managed and maintain a database of W-8s for audit, review, and renewal. We also provide consulting support to ensure the business is compliant with the IRS 1042-S process to avoid audits and IRS penalties for Siemens.
We perform the annual reporting and filing of 1099 NEC and 1099 MISC income payments to US individuals/small businesses classified as 1099 vendors. We handle corrections, B-notices, and TIN Matching. We validate data and perform extra checks to ensure compliance with IRS guidelines and mail and upload 1099 NEC and 1099 MISC to IRS.
We provide an end-to-end service for our CCM alert handling by performing the service to assist in the review, clarification and closure of CCM alerts.
Siemens GBS, Sourcing & Contracts Services automates and digitalizes your processes to increase efficiency in support of your business. For more information, contact p2pcustomerconnect.us@siemens.com.