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Crossing the chasm of S2P beyond Procurement and Finance
04/29/2024
BASIC
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The source-to-pay (S2P) application suite was created to be a one-stop-shop technology choice for procurement professionals — offering the potential for ‘suite synergy’ that delivers value beyond the sum of the individual process-centric modules.
But there are some endemic technology gaps with a suite approach that can’t be fixed easily with more S2P features, with a simple/elegant UX, or even with an attractive underlying digital platform to allow better integration (e.g., via numerous open APIs) and extensibility (e.g., via no-code capabilities).
This article explores the value of intake management and orchestration as the newest examples of solutions that fill gaps in suites/existing tech.
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