(1.)SAP MM (Materials Management):
SAP MM is a module within the SAP ERP system that manages the procurement process, from purchase requisitions to invoicing. It includes features for managing inventory, purchasing, and vendor evaluation. MM is typically used by companies that have a large inventory of materials to manage, such as manufacturing or retail organizations.

(2.)SAP SRM (Supplier Relationship Management):
SAP SRM is a separate application from SAP MM that provides additional functionality for managing the procurement process. It includes features for managing supplier relationships, sourcing, and contract management. SRM is typically used by companies that have complex procurement requirements or that want to manage supplier relationships more strategically.

(3.)SAP Ariba:
SAP Ariba is a cloud-based procurement solution that provides a range of features for managing the procurement process, including sourcing, procurement, and invoicing. It includes a range of tools for managing supplier relationships, including supplier discovery, qualification, and management. Ariba is typically used by companies that want to streamline their procurement processes and reduce costs by leveraging the power of a cloud-based solution.

While all three solutions offer procurement functionality, they differ in their focus and approach to procurement management. SAP MM is focused on managing the procurement process within the ERP system, while SAP SRM is focused on managing supplier relationships and contracts. SAP Ariba, on the other hand, is focused on providing a cloud-based solution for managing procurement that can be accessed from anywhere, at any time.

Another key difference between these solutions is their deployment model. SAP MM and SRM are typically deployed on-premises, meaning that they are installed and managed locally by the company. SAP Ariba, on the other hand, is a cloud-based solution that is hosted by SAP and accessed over the internet.

In summary, SAP MM, SRM, and Ariba all provide procurement functionality, but they differ in their focus, approach, and deployment model. Companies that are looking for a procurement solution should carefully evaluate their needs and consider these differences before selecting a solution that best meets their requirements. Multisoft Virtual Academy offers training courses on each of these solutions to help professionals acquire the skills and knowledge needed to implement and manage them effectively.

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