Which tool in SAP S/4HANA helps compare quotations from different suppliers?

Prepare for the SAP S/4HANA Cloud Private Edition, Sourcing and Procurement Test. Study with flashcards and multiple choice questions, each with detailed explanations. Get ready to excel in your certification!

The Price Comparison List serves as a dedicated tool within SAP S/4HANA for evaluating and comparing quotations from various suppliers. This tool allows users to efficiently compile and assess multiple quotes side by side, facilitating informed decision-making about which supplier offers the best terms, pricing, and overall value for the organization.

By utilizing the Price Comparison List, procurement professionals can quickly identify the differences in pricing and conditions, which aids in negotiating better terms or selecting a supplier who aligns with the company’s objectives. Additionally, the tool enhances transparency in the procurement process, allowing stakeholders to understand the rationale behind supplier selection.

The other options, while related to procurement functions, do not specifically focus on the comparative analysis of supplier quotations. The Supplier Evaluation Tool pertains to evaluating vendors based on established criteria, but it does not specifically compare quotations. Quotation Configuration deals with setting up parameters for the quotation process rather than comparing quotes themselves. The Contract Analysis Tool focuses on analyzing existing contracts rather than on the initial comparison of supplier pricing. Thus, the Price Comparison List is uniquely designed and best suited for the task of comparing supplier quotations.

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