M+E Daily
invenioLSI Goes Live With P2P Solution Built on SAP Business Technology Platform for Penguin Random House
Story Highlights
The P2P solution created by invenioLSI and based in SAP BTP took a standard P2P solution and enhanced it with custom UI5 apps, workflows, role conditions and analytics.
Nitin Buantoa, VP of Delivery and Account Management spoke about the projects vision and dedication to Penguin Random House’s P2P transformation stating, “The P2P project has been 18 months of hard work in preparation, development, and delivery with many moving parts on a technical platform that SAP is still in the process of developing. The vision has always been to deliver a custom procurement system tailored to the business need while leveraging new technology and planning for the future as PRH continues its plan to move to the next level with S4 journey.
invenioLSI’s solution provides an enhanced customer view using finely crafted Fiori apps and completes the customer’s goal of integrating the company’s purchasing department with their account payable department. This solution will ultimately strengthen compliance and control among vendors, contracts, regulations, buyers, and accounts payable.
The benefits include:
• Actively control and improve global spend
• Consolidate most manual commerce processes to reduce errors
• Streamline catalog maintenance, saving time and freeing up resources
• Rapidly enable the approval of new suppliers
• Drive savings to the bottom line to maximize the value of sourcing negotiations
“Both the invenioLSI team and Penguin Random House team have made tremendous strides together. We are now stabilizing the systems and looking forward to new projects to come.”
— Stella Quartarella, Head of SAP & Finance Systems Penguin Random House UK
