Vendor Approval Process

Question

Dear Experts,
I have a requriement from our company, that when opening vendor code, we want multiple release prococedure, means first sourcing team approve the vendor in system , then QA Team approve the vendor, then Supply chain team approve the vendor in the sytem, then finally the vendor should be approved by CEO. Then vendor is treated as active in sap.
How to achieve this, I have not seen such release procdeure for vendor, please suggest me some workaround, if there is no direct procedure.
My requirement is urgent.
Regards
Ishu

Answer 1

Hi,
This is something not in standard SAP. The approval process of the vendor should be done internally by the management and not supported in SAP. There is only a transaction to create vendors either XK01, MK01 or FK01 all of which are single transactions. The person who creates vendor in your company can be restricted to use the tcode unless the internal approval process done by the management to create the vendor.
Other way is you can think of blocking the vendor which you donot want to use in the procurement activities, this will restrict unwanted vendors entering into the system even by accident.
Regards
Shiva