Why invest in Source-to-Contract technology?
S2C suites automate non-transactional procurement processes that create the majority of procurement value: spend/supply analytics, sourcing, contracting and ongoing supplier management. They are layered on top of ERP/P2P systems so that a singular strategic technology platform helps maximize commercial value before deploying the execution to P2P execution systems.
- AP Automation (Invoice-to-Pay or I2P)
- Contract Lifecycle Management (CLM)
- Supplier Management