The Source-to-Pay Technology Buyer's Guide

Source-to-Pay (S2P) is a comprehensive process for managing all the procurement and supplier-related processes and activities of an organization. From the initial stages of need identification, to strategic sourcing and supplier and contract management, through operational procurement, risk management, invoicing, and payment, S2P technology can provide an integrated approach.

As procurement’s remit has grown, the number of competing objectives has increased. This makes maximum efficiency and improved decision-making essential. Effectively digitizing the S2P process streamlines and automates the end-to-end procurement lifecycle, helping organizations achieve greater efficiency, visibility into risk, cost savings, and transparency. Ideally, S2P does for suppliers what a Customer Relationship Management (CRM) platform does for customers.