Hi Prachi,
With SAP enhancement package 3 for SAP SRM 7.0, SAP is enabling the existing functions of SAP SRM for SAP HANA to utilize the in-memory technology and enable better performing business applications.
SAP SRM on SAP HANA is part of the SAP Business Suite powered by SAP HANA offering. It is available as of SRM 7.0 EHP 3.
It is the base for all future optimization processes and performance improvements along with functional enhancements.
Benefits:
-> Improved performance in the creation and display of objects such as RFx and Purchase Order
-> Real-time operational reporting and monitoring for better insight into business operations
-> Up to 50% decrease in database size because SAP HANA does not require database indices
-> Re-vamped Shopping Cart Personalized Object Worklist (POWL) powered by SAP HANA for tremendous improvement of response time in SP03 with other optimizations of POWL and Sourcing Cockpit planned for future releases
-> Delivery of customer-driven enhancements such as central point for substitution rule maintenance, handling mandatory fields for free text shopping, and workload redistribution in Sourcing Cockpit application.
Please check the beneth SAP notes 1825774, 1818517 and links
http://scn.sap.com/docs/DOC-57288
http://scn.sap.com/docs/DOC-57278
Best Regards,
Anil