Blockchain-Verified RFQ Processing (3DT)

Blockchain-Verified RFQ Processing (3DT)

Strengthen the fairness and efficiency of your business transactions by identifying and preventing fraudulent activities in the tenders and request for quote (RFQ) process.  Blockchain-Verified RFQ Processing leverages blockchain technology to help you guarantee the confidentiality and authenticity of documents exchanged.

Key Process Steps Covered

Not relevant

Benefits

  • Increase transparency and trust
  • Reduce risks of collusion
  • Get an auditable bidding process

Additional Information

  • This scope item is excluded from the default activation

This scope item is in beta release in 1908 with limited functionality for the purchasers.  It requires the blockchain service and is hosted on SAP BTP.  The complete business features of this scenario would be available based on the release dates and availability of the blockchain service.


Where is Blockchain-Verified RFQ Processing(3DT) being used?

This Scope item is used in the following way:

  • As a management function of Sourcing and Contract Management within Sourcing and Procurement Scope Item Group

No Process Flow details available for scope item Blockchain-Verified RFQ Processing(3DT)-s4hc-2111
Ref: Sourcing and Procurement of SAP S4HC-2111
Best Practices related to S/4HANA*1) Yearly Updates are released per September of each year
*2) The Quarterly updates are released per Februari, May, August and November
Details of future releases can be found in the SAP Roadmap section of each product. Go to SAP Roadmap Product Finder.
Knowledge Center Scheer Nederland | The Process Experts Visit also the SAP Cloud ERP knowledge center of Scheer Netherlands. The following topics are covered:
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