The Source-to-Pay (S2P) process can be a complex process that spans across numerous activities. Those that have effectively digitized S2P are able generate significant value for their business. S2P includes strategic procurement activities such as spend analysis, sourcing, contract management, and supplier management (which includes supplier information, risk, and performance management) as well as downstream activities such as e-procurement, purchase orders, invoice automation, and accounts payable processes.
Having all of this under a single platform has tremendous benefits, and saves our customers a lot of time and money because they do not have to manually integrate disparate systems, processes, and data. Users get a consistent user experience, easy access to analytics and insights, digitized and efficient business processes, seamless collaboration and so much more.
Watch this on-demand demo to learn how leading Procurement groups use Ivalua to: